Unimech Aerospace IPO
- IPO Date23 Dec, 2024 to 26 Dec, 2024
- Listing Date31 Dec, 2024
- Face Value₹5 per share
- Issue Price₹745 to ₹785 per share
- Lot Size19 Shares
- Minimum Investment₹14,915
- Listing AtBSE, NSE
- Total Issue Size63,69,424 Shares
(aggregating up to ₹500.00 Cr) - Fresh Issue31,84,712 Shares
(aggregating up to ₹250.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue4,76,72,170
- Shareholding post issue5,08,56,882
IPO Dates
Closing Date
26 Dec, 2024
Initiation of Refunds
30 Dec, 2024
Listing Date
31 Dec, 2024
23 Dec, 2024
Opening Date
27 Dec, 2024
Basis of Allotment
30 Dec, 2024
Credit of Shares
Unimech Aerospace Lot Size
Investors can bid for a minimum of 19 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 19 | ₹14,915 |
| B-HNI (Min) | 68 | 1292 | ₹1,01,422 |
| S-HNI (Max) | 67 | 1273 | ₹9,99,305 |
| S-HNI (Min) | 14 | 266 | ₹2,08,810 |
| Retail (Max) | 13 | 247 | ₹1,93,895 |
Unimech Aerospace Promoter Holding
Anil Kumar P, Ramakrishna Kamojhala, Mani P, Rajanikanth Balaraman and Preetham SV are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 91.83% | - |
Unimech Aerospace COMPANY INFORMATION
Unimech Aerospace IPO is a book built issue of Rs 500.00 crores. The issue is a combination of fresh issue of 0.32 crore shares aggregating to Rs 250.00 crores and offer for sale of 0.32 crore shares aggregating to Rs 250.00 crores. Unimech Aerospace IPO opens for subscription on December 23, 2024 and closes on December 26, 2024. The allotment for the Unimech Aerospace IPO is expected to be finalized on Friday, December 27, 2024. Unimech Aerospace IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 31, 2024. Unimech Aerospace IPO price band is set at ₹745 to ₹785 per share. The minimum lot size for an application is 19. The minimum amount of investment required by retail investors is ₹14,915. The minimum lot size investment for sNII is 14 lots (266 shares), amounting to ₹2,08,810, and for bNII, it is 68 lots (1,292 shares), amounting to ₹10,14,220. Anand Rathi Securities Limited, Equirus Capital Private Limited are the book running lead managers of the Unimech Aerospace IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Unimech Aerospace IPO RHP for detailed information.
Incorporated in 2016, Unitech Aerospace and Manufacturing is engaging in the manufacturing of complex tools like mechanical assemblies, electro-mechanical systems, and components for aeroengine and airframe production.
The company is an engineering solutions provider specializing in the manufacturing of complex products with "build to print" and "build to specifications" offerings. This involves machining, fabrication, assembly, testing, and creating new products based on the specific requirements of clients in the aerospace, defense, energy, and semiconductor industries.
Between Year 2022 and Year 2024, They have manufactured 2,356 SKUs in tooling and precision complex sub-assemblies category and 624 SKUs in the precision machined parts category, supplying to more than 26 customers across 7 countries.
As of March 31, 2024, the company operates two manufacturing facilities in Bangalore, covering a total area of over 1,20,000 sq ft. Unit I, located in Peenya, spans over 30,000 sq ft, while Unit II, situated in a Special Economic Zone near Bangalore International Airport, covers over 90,000 sq ft. These facilities are registered with ISO.
As of March 31, 2024, The Company had 384 employees.
Products:
- Aero Engine tooling: Engine lifting and balancing beams,Oil Tubes Alignment Fixture, Radial Centering Support etc.
- Airframe tooling: Lateral Spar Assembly, Drill Jig, Airframe Assembly Platforms
- Precision Parts: Missile Component, Missile Component
- Precision Sub System: Rocker Arm - HMC CDA
Competitive Strenghths:
- Advanced manufacturing capabilities capable of delivering high precision engineering solutions
- Digital-first manufacturing company with a robust infrastructure facilitating seamless integration of operations
- Established player with unique capabilities in a sector with high barriers to entry
- Export driven player with a global delivery service model
- Robust vendor ecosystem and strong sub-contractor management with proven execution capabilities
- Experienced and complementary management team with strong implementation skills and operational effectiveness
FAQs About Unimech Aerospace Ipo
Unimech Aerospace IPO will open on 23 Dec, 2024 and close on 26 Dec, 2024. Investors must apply within this period to participate.
The Unimech Aerospace IPO price band is set between ₹745.00 and ₹785.00 per share. The minimum lot size is 19, requiring an investment of at least ₹14915.00.
The Unimech Aerospace IPO shares are expected to be listed on 31 Dec, 2024, subject to regulatory approvals and final allotment.
You can track your Unimech Aerospace IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Unimech Aerospace IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.