Unimech Aerospace IPO Allotment Out, Check Latest GMP, and Listing Updates

The long-awaited Unimech Aerospace IPO allotment is now finalized. Investors can check their allotment status and the current grey market premium (GMP). This article provides essential details about Unimech Aerospace's IPO allotment, GMP, and how to confirm your allotment status.

Key Details of Unimech Aerospace IPO

IPO Dates: December 23 to December 26, 2024

Issue Price Band: ₹745 to ₹785 per share

Issue Size: Approximately ₹500 crore

Fresh Issue: ₹250 crore

Offer for Sale (OFS): ₹250 crore

IPO Listing Date: December 31, 2024

Retail Quota: 35%

How to Verify Unimech Aerospace IPO Allotment Status

Follow these steps to check your IPO allotment status:

Visit the Registrar’s Website: Access the official registrar website, KFinTech.

Enter Details: Input your PAN number, application number, or DP ID/client ID.

Check Allotment: Submit the details to find out if you've been allotted shares.

You can also check via your Demat account or your broker's app.

Current GMP for Unimech Aerospace IPO

The latest Grey Market Premium (GMP) for Unimech Aerospace IPO is ₹668 per share, indicating strong investor interest. This suggests a potential listing price of approximately ₹1453 per share (₹785 issue price + ₹668 GMP).

Projected Listing Gains

Based on the current GMP, Unimech Aerospace is expected to yield a listing gain of around 85.10%. This aligns with positive investor sentiment and the company's growth prospects.

About Unimech Aerospace

Unimech Aerospace is a prominent player in the defense and aerospace manufacturing industry. The company, known for its innovative and advanced engineering solutions, has experienced significant growth in recent years. The IPO proceeds will be used for debt repayment, capacity expansion, and general corporate purposes.

Investor Sentiment and Market Forecast

The high GMP and oversubscription figures indicate positive investor sentiment for Unimech Aerospace. As the Indian defense sector expands, companies like Unimech stand to gain from increased government expenditure and export opportunities.

FAQs on Unimech Aerospace IPO

1. What was the subscription status of Unimech Aerospace IPO?

The IPO was oversubscribed by 184.72 times, indicating high demand from retail, HNI, and institutional investors.

2. When will Unimech Aerospace shares be credited to Demat accounts?

Shares will be credited to Demat accounts on December 30, 2024.

3. What is the listing date for Unimech Aerospace?

The shares are set to list on the BSE and NSE on December 31, 2024.

4. Is investing in Unimech Aerospace IPO a good decision?

Given its strong fundamentals, robust order book, and promising sector growth, Unimech Aerospace is considered a good long-term investment opportunity.