Unimech Aerospace subscription started on Monday, December 23rd, 2024, and will close on December 26th, 2024, as per the schedule. The price band is set at ₹745 to ₹785 per share with a face value of ₹5.
Unimech Aerospace IPO Subscription Status
Unimech Aerospace IPO Subscribed over 9.59x on its second day till 5.00 PM on 24th December.
- Unimech Aerospace IPO subscription QIB investors portion is 4.89 times, while NII subscribed 12.72 times and RII investors subscribed 10.87 times.
- The company has received bids for 4,27,93,035 shares against 44,64,332 shares on offer on the second day of subscription.
- Unimech Aerospace IPO Subscribed over 4.04x on its second day.
- Unimech Aerospace IPO Subscribed over 4.04x on its first day.
About Unimech Aerospace Company
Founded on August 12, 2016, Unimech Aerospace and Manufacturing is one of the leading manufacturers of complex products with “build to print” and “build to specifications” capabilities. They offer machining, fabrication, assembly, testing, and creating new products based on client requirements for aerospace, defense, energy, and semiconductor industries. They offer services like inter alia, engine lifting and balancing beams, assembly, disassembly and calibration tooling, ground support equipment, airframe assembly platforms, engine transportation stands, mechanical & electro-mechanical turnkey systems, and precision components. Complex tooling, mechanical assemblies, electro-mechanical turnkey systems, and precision components are following of the products mostly used in the aero-engine and airframe tooling for production, MRO, and line maintenance activities. Due to their extensive experience in manufacturing various products and services, Unimech Aerospace can serve customers globally with countries across the USA, Germany, and the United Kingdom. Umimech Aerospace generated revenue of ₹2,038.49 million in 2024 from ₹331.01 million in 2022 and generated a profit of 97.64% respectively.
Unimech Aerospace Financial Report
The company reported revenue of ₹213.79 crores in 2024 against ₹94.93 crore in 2023. The company reported profit of ₹58.13 crores in 2024 against Profit of ₹22.81 crores in 2023.
Unimech Aerospace IPO GMP:
Unimech Aerospace IPO GMP was ₹510 as of Tuesday, December 24th. That indicates the IPO is trading at ₹1295 with ₹510 premium in the grey market against the issue price of ₹785.
