Unimech Aerospace IPO Date, Review, Price, Allotment Details

The Unimech Aerospace IPO will open on December 23, 2024, and close on December 26, 2024. It is a Book Built Issue, aiming to raise around ₹500 crores through an IPO, consisting of a fresh issue of ₹250 crores and an offer for sale of up to 31,84,712 equity shares with a face value of ₹5 each.

The price band for the Unimech Aerospace IPO is ₹745 to ₹785 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. The IPO will be listed on BSE and NSE on December 30, 2024, with the allotment date set for December 27, 2024.

The company reported revenue of ₹213.79 crores in 2024, compared to ₹94.93 crores in 2023. The profit for 2024 was ₹58.13 crores, compared to ₹22.81 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for long-term benefits.

Unimech Aerospace IPO Details

Unimech Aerospace IPO Market Lot

The Unimech Aerospace IPO minimum market lot is 19 shares with ₹14,915 application amount. The retail investors can apply up-to 13 lots with 247 shares of ₹1,93,895 amount.

Unimech Aerospace IPO Dates

The Unimech Aerospace IPO date is December 23 and the close date is December 26. The Unimech Aerospace IPO allotment will be finalized on December 30 and the IPO listing on December 31.

Promoters of Unimech Aerospace IPO

The company's promoters are Anil Kumar P, Ramakrishna Kamojhala, Mani P, Rajanikanth Balaraman, and Preetham SV.

About Unimech Aerospace IPO

Founded on August 12, 2016, Unimech Aerospace and Manufacturing is a leading manufacturer of complex products, specializing in “build to print” and “build to specifications” capabilities. The company offers a range of services including machining, fabrication, assembly, testing, and the creation of new products tailored to client requirements, primarily for the aerospace, defense, energy, and semiconductor industries.

Their services include, but are not limited to, engine lifting and balancing beams, assembly and disassembly tooling, calibration tooling, ground support equipment, airframe assembly platforms, engine transportation stands, mechanical and electro-mechanical turnkey systems, and precision components. Unimech Aerospace primarily focuses on complex tooling, mechanical assemblies, electro-mechanical turnkey systems, and precision components used in aero-engine and airframe tooling for production, maintenance, repair and overhaul (MRO), and line maintenance activities.

With extensive experience in manufacturing a variety of products and services, Unimech Aerospace serves customers globally, including regions such as the USA, Germany, and the United Kingdom. In 2024, Unimech Aerospace generated revenue of ₹2,038.49 million, a significant increase from ₹331.01 million in 2022, resulting in a profit margin of 97.64%.

Unimech Aerospace IPO Company Financial Report

The company reported revenue of ₹213.79 crores in 2024, compared to ₹94.93 crores in 2023. The company reported a profit of ₹58.13 crores in 2024, up from ₹22.81 crores in 2023.

Amount ₹ in Crores

Unimech Aerospace IPO Valuation – FY2024

Check the details of Unimech Aerospace IPO valuations, including Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).

Objects of the Issue

• Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company

• Funding working capital requirements of the Company

• Investment in the Material Subsidiary for: (i) purchase of machineries and equipment; (ii) funding its working capital requirements; and (iii) repayment / prepayment, in full or part, of certain borrowings availed by their Material Subsidiary

• General corporate purposes.