Unimech Aerospace IPO subscribed overall 184.34 times on the last day, while A retail quota subscribed 59.19 times, QIB subscribed 334.68 times, and NII quota subscribed 277.55 times respectively.
Details About Unimech Aerospace IPO
Unimech Aerospace got approval from SEBI for an IPO of ₹500 crores via IPO that comprises a fresh issue of ₹250 crores and an offer for sale up to 31,84,712 equity shares with a face value of ₹5. Moreover, the company has set up a price band between ₹745 to ₹785 per share. In this IPO, a total of 19 shares were available in 1 lot size for the minimum Retail category and for the maximum retail category 247 shares in 13 lot sizes. S-HNI (Min) has a total of 266 shares in 14 lot sizes, while B-HNI Minimum has a total of 1,292 shares available in 68 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,915 and maximum investment of ₹1,93,895.
- Small HNI (S-HNI): Minimum investment of ₹2,08,810.
- Big HNI (S-HNI): Minimum investment of ₹10,14,220.
Subscription duration of Unimech Aerospace IPO
The Unimech Aerospace IPO subscription opening date was 23 December and the close date was 26 December. The Unimech Aerospace IPO allotment was finalized on December 27 and the IPO listing is on December 31.
Funds Deployment of This Company
- IPO proceeds would be used for capital expansion as machinery and equipment will be purchased for the company.
- This IPO fund will be used for repayment/prepayment, in full or part, of certain borrowings availed by their Material Subsidiary.
- The rest of the money will be utilized for general corporate purposes.
About Unimech Aerospace IPO
Founded on August 12, 2016, Unimech Aerospace and Manufacturing was founded on August 12, 2016, and is famous as 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. Unimech Aerospace specializes in manufacturing complex tooling, mechanical assemblies, electro-mechanical turnkey systems, and precision components, which are primarily used in aero-engine and airframe tooling for production, MRO (Maintenance, Repair, and Overhaul), 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 IPO Financial Background
Its revenue ratio for 2024 is ₹213.79 crore which is more than the previous year 2023 around ₹94.93 crore. Moreover, PAT(Profit After Tax) is ₹58.13 crores in 2024 against ₹22.81 crores in 2023.
