Unimech Aerospace IPO: Everything You Need to Know

Unimech Aerospace

Unimech Aerospace is coming up with an IPO worth ₹500.00 crores under the Book Built Issue format. The issue is a combination of a fresh issue of 0.32 crore equity shares aggregating to ₹250.00 crores and an offer for sale (OFS) of 0.32 crore equity shares aggregating to ₹250.00 crores. This provides investors with a mix of new equity for business expansion and existing shares offered by stakeholders.

The IPO will open for subscription on 23rd December 2024 and close on 26th December 2024. The allotment is expected to be finalized on Friday, 27th December 2024, with a tentative listing date on Tuesday, 31st December 2024, on both the BSE and NSE.

The price band for the Unimech Aerospace IPO is set between ₹745 to ₹785 per share. Investors can apply for a minimum lot size of 19 shares, requiring a minimum investment of ₹14,915 for retail investors. For high-net-worth individuals, the minimum investment is ₹2,08,810 for sNII (14 lots or 266 shares) and ₹10,14,220 for bNII (68 lots or 1,292 shares).

Equirus Capital Private Limited, Anand Rathi Securities Limited are the book running lead managers of the Unimech Aerospace Company IPO, and the Kfin Technologies Limited is the registrar of the issue.

Unimech Aerospace IPO Details

ParticularsDetails
IPO Date23rd December 2024 to 26th December 2024
Listing Date31st December 2024
Face Value₹5 per equity share
Price Band₹745 to ₹785 per equity share
Lot Size19 shares
Total Issue Size₹500.00 crores (63,69,424 shares)
Fresh Issue0.32 crore shares aggregating to ₹250.00 crores
Offer for Sale (OFS)0.32 crore shares aggregating to ₹250.00 crores
Issue TypeBook Built Issue
Listing AtBSE, NSE
Shareholding (Pre-Issue)4,76,72,170 shares
Shareholding (Post-Issue)5,08,56,882 shares

Unimech Aerospace IPO Reservation Details

Investor CategoryShares Offered
QIB Shares Offered Not more than the 50% of the Net Offer
Retail Shares OfferedNot less than the 35% of the Offer
NII (HNI) Shares OfferedNot less than the 15% of the Net Offer

**The Grey Market Premium (GMP) information provided on this website is for educational and informational purposes only. GMP is an unofficial market indicator and is subject to high volatility and speculation. It should not be considered as financial advice or a guarantee of the IPO’s listing performance.

**Investors are advised to make investment decisions based on their own research, analysis, and risk tolerance. Always consult a financial advisor before investing in the stock market. The website is not responsible for any financial losses incurred based on GMP trends.

The Grey Market Premium (GMP) reflects the market’s sentiment about the IPO. Stay updated with the day-wise trends here:

DateIPO PriceGMPEstimated Listing PriceSub2 Sauda RateLast Updated
24-12-2024₹785510₹1295
(64.97%)
6900/9660024-12-2024 11:40
23-12-2024₹785₹510₹1295
(64.97%)
6900/9660023-12-2024 21:40
22-12-2024₹785₹480₹1265
(61.15%)
6900/9660022-12-2024 22:50
21-12-2024₹785₹480₹1265
(61.15%)
6900/9660021-12-2024 20:54
20-12-2024₹785₹405₹1190
(51.59%)
5800/8120020-12-2024 18:34
19-12-2024₹785₹405₹1190
(51.59%)
5800/8120019-12-2024 15:23
18-12-2024₹785₹405₹1190
(51.59%)
5800/8120018-12-2024 21:56
17-12-2024₹7850₹(0%)17-12-2024 23:23
16-12-2024₹7850₹(0%)16-12-2024 17:15

Important Dates

IPO Open DateMonday, 23 December 2024
IPO Close DateThursday, 26 December 2024
Basis of AllotmentFriday, 27 December 2024
Initiation of RefundMonday, 30 December 2024
Credit of Shares to Demat AccountMonday, 30 December 2024
Listing DateTuesday, 31December 2024
Cut-off time for UPI mandate confirmation5 PM on 26 December 2024

Unimech Aerospace IPO Promoter Holding

Rajanikanth Balaraman, Anil Kumar, Ramakrishna Kamojhala, Mani P and Preettham SV are the promoters of the Unimech Aerospace comapny.

Share Holding Pre Issue 91.83%
Share Holding Post Issue

Company Financials

Unimech Aerospace and Manufacturing Limited Financial Highlights (Restated Consolidated)
Unimech Aerospace and Manufacturing Limited witnessed a remarkable financial performance, with revenue surging by 125% and profit after tax (PAT) soaring by 155% between the financial years ending March 31, 2023, and March 31, 2024.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets509.27175.6393.3456.88
Revenue127.58213.7994.9337.08
Profit After Tax38.6858.1322.813.39
Net Worth390.1108.648.8527.66
Reserves and Surplus113.7186.5947.826.62
Total Borrowing74.7128.8622.2617.12
Amount in ₹ Crore

Key Performance Indicators (KPIs)

The market capitalization of Unimech Aerospace IPO stands at ₹3,992.27 crores as of Sunday, 31 March 2024.

KPIValues
ROE53.53%
ROCE54.36%
Debt/Equity0.32
RoNW53.53%
PAT Margin27.85%
Price to Book Value31.77

Pre-IPO vs Post-IPO Metrics

MetricPre-IPOPost-IPO
EPS (₹)12.1915.21
P/E (x)64.3751.61

Note:

  • Pre-IPO EPS is calculated using the pre-issue shareholding as mentioned in the RHP (Red Herring Prospectus) and the earnings data for FY ending March 31, 2024.
  • Post-IPO EPS is calculated based on the post-issue shareholding and the annualized earnings for the half-year ending September 30, 2024, as disclosed in the RHP.

Objectives of the Unimech Aerospace IPO

The net proceeds from the fresh issue are planned to be utilized for the following purposes:

  1. Capital Expenditure: Funding the purchase of machinery and equipment to support business expansion.
  2. Working Capital Requirements: Meeting the working capital needs of the company.
  3. Investment in Material Subsidiary:
    • Acquisition of machinery and equipment.
    • Funding its working capital requirements.
    • Repayment or prepayment (in part or full) of certain borrowings of the Material Subsidiary.
  4. General Corporate Purposes: Addressing various corporate requirements.

Note: The company will not receive any proceeds from the Offer for Sale (OFS). Proceeds from the OFS will be allocated solely to the selling shareholders and are not part of the net proceeds.


Unimech Aerospace and Manufacturing Limited Contact Details

Unimech Aerospace and Manufacturing Limited
Address: 538, 539, 542 & 543,
7th Main, Peenya IV Phase Industrial Area,
Yeshwanthpur Hobli, Bangalore North Taluk – 560058
Phone: 080-4204 6782
Email: investorrelations@unimechaerospace.com
Website: Unimech Aerospace Website


Unimech Aerospace IPO Registrar

KFin Technologies Limited
Phone: 040-6716 2222, 040-7961 1000
Email: uaml.ipo@kfintech.com
Website: KFin IPO Status


Unimech Aerospace IPO – Should You Invest?

Recommendation Summary

Review BySubscribeNeutralAvoid
Brokers1010
Members000

Unimech Aerospace IPO Lead Managers

  • Anand Rathi Securities Limited
  • Equirus Capital Private Limited

IPO Lead Manager Performance Tracker

Unimech Aerospace IPO is managed by experienced lead managers with a strong track record. Their performance history across previous IPOs highlights their expertise in guiding successful public issues.

Frequently Asked Questions (FAQs)

Q1: Should I subscribe to the Unimech Aerospace IPO?
A: As per broker reviews, 10 brokers recommend subscribing, 1 remains neutral, and none suggest avoiding. However, investors should evaluate the company’s financials, objectives, and market potential before investing.

Q2: Where can I check the allotment status of the Unimech Aerospace IPO?
A: You can check the allotment status on the KFin Technologies Limited IPO portal: https://kosmic.kfintech.com/ipostatus/.

Q3: How many lots can I apply for in this IPO?
A: Retail investors can apply for a minimum of 1 lot (19 shares), and the maximum number of lots depends on the investment cap of ₹2 lakhs for retail category applicants.

Q4: Can I apply for this IPO using UPI?
A: Yes, retail investors can use UPI (Unified Payments Interface) to apply for the IPO. Ensure your UPI ID is linked to a bank account and a SEBI-registered broker.

Q5: Where can I apply for the Unimech Aerospace IPO?
A: You can apply for the IPO through online trading platforms provided by your broker (Zerodha, Grow, Upstox etc.) or through banking apps via the ASBA (Application Supported by Blocked Amount) facility.


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