Unimech Aerospace IPO Details
The key details of Unimech Aerospace’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹500 |
| Price Range | ₹745 - ₹785 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 19 |
| Investment (cut-off price) | ₹14,915 |
| Pre IPO Promotor Holding | 91.83% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Unimech Aerospace IPO Timelines
The IPO process for Unimech Aerospace includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
23/12/2024
Start Date26/12/2024
End Date30/12/2024
Refund Initiation30/12/2024
Credit of Shares to Demat Ac31/12/2024
Listing DateUnimech Aerospace IPO Lot Size
The Unimech Aerospace IPO has a fixed lot size of 19 shares, at an upper price band of ₹785 per share, requiring ₹14,915 per lot for retail investors. Retail investors can apply for a maximum of 247 shares worth ₹193,895. For Small HNI (S-HNI), the minimum application starts at 266 shares (₹208,810) up to 1,273 shares (₹999,305), while Big HNI (B-HNI) requires a minimum of 1,292 shares amounting to ₹1,014,220.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 19 | ₹14,915 |
| Retail Maximum | 13 | 247 | ₹1,93,895 |
| S-HNI Minimum | 14 | 266 | ₹2,08,810 |
| S-HNI Maximum | 67 | 1273 | ₹9,99,305 |
| B-HNI Minimum | 68 | 1292 | ₹10,14,220 |
Unimech Aerospace IPO Subscription Status
The subscription status for Unimech Aerospace IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 334.68x | 277.55x | 59.19x | 100.95x | 184.34x |
IPO Performance on Listing Day
On the listing day (December 31, 2024), Unimech Aerospace made a spectacular debut on the stock exchange. The stock opened at ₹1,460, delivering an extraordinary premium of 86% over its issue price of ₹785. Throughout the trading session, the stock demonstrated significant volatility, touching a high of ₹1,485 before witnessing some profit booking that took it to a low of ₹1,327.75. The shares concluded their first trading day at ₹1,385, securing a remarkable gain of 76.4% over the issue price, highlighting strong investor interest in this aerospace component manufacturer.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹1460 | ₹1385 | ₹1485 | ₹1327.75 |
Unimech Aerospace IPO Company Financials
Unimech Aerospace reports robust performance in FY2024 with Total Income of ₹213.79 crores, managing expenses at ₹137.29 crores, and achieving a strong PAT (Profit After Tax) of ₹58.13 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹37.08 | ₹33.36 | ₹3.39 |
| FY 2023 | ₹94.93 | ₹65.57 | ₹22.81 |
| FY 2024 | ₹213.79 | ₹137.29 | ₹58.13 |
About Company
Incorporated in 2016, Unitech Aerospace and Manufacturing Limited specializes in producing complex tools, mechanical assemblies, electro-mechanical systems, and components for aeroengine and airframe production. The company offers engineering solutions with “build to print” and “build to specifications” services, covering machining, fabrication, assembly, and testing of customized products for clients in aerospace, defense, energy, and semiconductor industries.
By 2024, Unitech Aerospace had manufactured 2,356 SKUs in tooling and precision sub-assemblies and 624 SKUs in precision machined parts, serving over 26 customers across seven countries. The company operates two ISO-registered manufacturing facilities in Bangalore, with a combined area of over 120,000 sq ft. As of March 31, 2024, Unitech Aerospace employs 384 people, reflecting its growing workforce and expanding operations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2016 | Aerospace & Defense | Anil Kumar Puthan |
Know Before Investing
Unimech Aerospace IPO Strengths
- The company reported a 121.7% increase in revenue, reaching ₹208.8 crore in FY24, showcasing strong financial performance.
- Unimech specializes in high-precision engineering solutions for various sectors, including aerospace, defense, and energy, enhancing market appeal.
- With 97.64% of its revenue coming from exports, the company has a robust international market presence.
- Net profit surged to ₹58.1 crore in FY24, reflecting a 155% increase over the previous year, indicating effective cost management and operational efficiency.
- The leadership team brings extensive industry expertise, positioning the company for continued growth and innovation in the aerospace sector.
Unimech Aerospace IPO Risks
- The aerospace sector is subject to economic fluctuations, which can impact demand for products and services.
- The company faces intense competition from established players in the aerospace and manufacturing industry, affecting market share.
- Operating in a heavily regulated environment, any failure to meet compliance standards could adversely affect operations.
- Dependence on a limited number of clients for revenue may pose risks if contracts are lost or not renewed.
- Plans to invest in new machinery and equipment carry risks related to execution and potential delays in returns on investment.
Swot Analysis for Unimech Aerospace IPO
Strengths
High Precision Manufacturing, Diverse Clientele, Strong Growth Trajectory, Advanced Facilities
Weaknesses
High Dependence on Aerospace Sector, Limited Brand Recognition, Operational Risks
Opportunities
Growing Aerospace Market, Expansion Potential, Technological Advancements
Threats
Intense Competition, Economic Volatility, Regulatory Compliance Risks
Company Details
Unimech Aerospace and Manufacturing Limited
538, 539, 542 & 543,
7 th Main of Peenya IV Phase Industrial Area,
Yeshwanthpur Hobli, Bangalore North Taluk – 560058
Phone: 080-4204 6782
Email: investorrelations@unimechaerospace.com
Website: https://unimechaerospace.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: uaml.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Unimech Aerospace IPO are:
- Fund capital expenditure for expansion through machinery and equipment purchases.
- Support working capital requirements of the Company.
- Invest in the Material Subsidiary for machinery purchases, working capital, and debt repayment.
- Allocate funds for general corporate purposes.
Anand Rathi Securities Limited and Equirus Capital Private Limited are the book-running lead managers for the Unimech Aerospace IPO.