Unimech Aerospace IPO GMP | Unimech Aerospace Allotment Status |
The highly anticipated Unimech Aerospace IPO subscription starts on 23 December 2024 and ends on 26 December 2024. With a target of approximately INR 500 crores, this initial public offering is expected to attract significant investor attention. The share price band is set between INR 745 – 785 per share requiring a minimum investment of INR 14,915 for a single lot of 19 shares.
The distribution of shares among investor categories has been allocated as follows:
- Retail Individual Investors (RII): 35%
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII): 15%
Unimech Aerospace IPO Subscription Status
The subscription status for the Unimech Aerospace IPO is being closely monitored. Here are the latest subscription figures across different investor categories:
Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Unimech Aerospace – Business Overview
Unimech Aerospace is an engineering solutions provider specializing in the manufacturing and supplying of critical components for the aerospace, defense, energy, and semiconductor industries. Its product portfolio includes aero tooling, ground support equipment, electro-mechanical sub-assemblies, and precision-engineered components. The company’s capabilities are categorized into two main offerings:
- Build to Print: Manufacturing products based on client designs.
- Build to Specification: Assisting clients in designing products according to their specifications.
Between Fiscal Year 2022 and the six months ended 30 September 2024, Unimech Aerospace produced 2,999 SKUs in the tooling and precision complex sub-assemblies category and 760 SKUs in the precision machined parts category, serving over 26 customers across 7 countries. As of 30 September 2024, the company had an order book of INR 80.75 crore, with delivery timelines ranging from 4 to 16 weeks.
Unimech’s financial trajectory reflects robust growth and operational efficiency. The company has achieved remarkable revenue growth with a compound annual growth rate (CAGR) of 139.7% between FY 2022 and FY 2024.
Understanding Investor Categories
The Unimech Aerospace IPO is structured to cater to three main investor categories:
- Qualified Institutional Buyers (QIB):
- Includes entities like mutual funds and foreign institutional investors.
- Allocated 50% of the total offering.
- Non-Institutional Investors (NII):
- Comprises high-net-worth individuals investing more than INR 200,000.
- Receives approximately 15% of the shares.
- Retail Individual Investors (RII):
- Designed for investors bidding up to INR 200,000.
- Allotted 35% of the total shares.
Important Dates for the Unimech Aerospace IPO
- IPO Opening Date: 23 December 2024
- IPO Closing Date: 26 December 2024
- Allotment Date: Expected on or around 27 December 2024
- Listing Date: Scheduled for 31 December 2024
Value-Added Insights for Investors
Before investing in the Unimech Aerospace IPO, evaluating the company’s market positioning and growth potential within its sector is crucial. Additionally, understanding regulatory changes and industry dynamics can provide a clearer picture of potential risks and rewards. Leveraging IPO Central’s expert opinions can enhance decision-making and help identify long-term growth opportunities.
Unimech Aerospace IPO Subscription FAQs
How can I apply for the Unimech Aerospace IPO?
Investors can apply through their bank’s ASBA facility or an online trading platform their stockbroker provides. Ensure you have an active Demat account for a seamless process.
What is the expected listing price for Unimech Aerospace shares?
While exact listing prices are uncertain, monitoring the Grey Market Premium (GMP) and market trends can indicate the potential performance on listing day.
When will the Unimech Aerospace IPO be listed?
When will the Unimech Aerospace IPO subscription start?
Unimech Aerospace IPO subscription starts on 23 December and ends on 26 December 2024.