The Unimech Aerospace IPO is structured as a book-built issue amounting to Rs 500.00 crores. A fresh issue of 0.32 crore shares aggregating to Rs 250.00 crores and an offer for sale of 0.32 crore shares aggregating to Rs 250.00 crores are included in the issue.
The subscription for the Unimech Aerospace IPO will be opened on December 23, 2024, and will close on December 26, 2024. The allotment is expected to be finalized on Friday, December 27, 2024. The tentative listing date has been set as Tuesday, December 31, 2024, with the IPO being listed on BSE and NSE.
The price band for the Unimech Aerospace IPO has been set at ₹745 to ₹785 per share. A minimum lot size of 19 shares is required for an application. An investment of ₹14,915 is the minimum amount required by retail investors. For sNII, an investment of 14 lots (266 shares) amounting to ₹2,08,810 is required, while bNII must invest in 68 lots (1,292 shares), amounting to ₹10,14,220.
Get the Refer to Unimech Aerospace IPO RHP for detailed information.
| IPO Date | December 23, 2024 to December 26, 2024 |
| Listing Date | December 31, 2024 |
| Face Value | ₹ 5 / Share |
| Price Band | ₹ 745 to ₹ 785 / Share |
| Lot Size | 19 Shares |
| Total Issue Size | ₹500.00 Cr |
| Fresh Issue | ₹250.00 Cr |
| Offer for Sale | ₹250.00 Cr |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 4,76,72,170 |
| Share holding post issue | 5,08,56,882 |
| Market Maker portion |
Unimech Aerospace and Manufacturing Limited IPO opens on December 23, 2024, and closes on December 26, 2024.
| IPO Open Date | December 23, 2024 |
| IPO Close Date | December 26, 2024 |
| Basis of Allotment | December 27, 2024 |
| Initiation of Refunds | December 30, 2024 |
| Credit of Shares to Demat | December 30, 2024 |
| Listing Date | December 31, 2024 |
| Cut-off time for UPI mandate confirmation | December 26, 2024 |
A minimum of 19 shares and multiples thereof can be bid by investors. The minimum and maximum investment by retail investors and HNIs, in terms of shares and amount, is depicted in the table below.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 19 | Rs.14,915 |
| Retail (Max) | 13 | 247 | Rs.193,895 |
| S-HNI (Min) | 14 | 266 | Rs.208,810 |
| S-HNI (Max) | 67 | 1,273 | Rs.999,305 |
| B-HNI (Min) | 68 | 1,292 | Rs.1,014,220 |
| HNI (Min) |
| Share Holding Pre Issue | 91.83% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% of the Net Offer |
|
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% of the Offer |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Incorporated in 2016, Unitech Aerospace and Manufacturing Limited is engaged in the manufacturing of complex tools such as mechanical assemblies, electro-mechanical systems, and components for aeroengine and airframe production.
Engineering solutions, specializing in the manufacturing of complex products through "build to print" and "build to specifications" offerings, are provided by the company. Activities such as machining, fabrication, assembly, testing, and the creation of new products based on specific client requirements in the aerospace, defense, energy, and semiconductor industries are carried out.
Between 2022 and 2024, 2,356 SKUs in the tooling and precision complex sub-assemblies category and 624 SKUs in the precision machined parts category were manufactured, with supplies made to over 26 customers across 7 countries.
As of March 31, 2024, two manufacturing facilities, covering a total area of over 1,20,000 sq ft, are being operated in Bangalore. Unit I, located in Peenya, spans 30,000 sq ft, while Unit II, situated in a Special Economic Zone near Bangalore International Airport, covers 90,000 sq ft. These facilities have been registered with ISO.
| KPI | Values |
|---|---|
| ROE | 53.53% |
| ROCE | 54.36% |
| Debt/Equity | 0.32 |
| RoNW | 53.53% |
| P/BV | |
| PAT Margin (%) | 27.85 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 12.19 | 15.21 |
| P/E (x) | 64.37 | 51.61 |
The Net Proceeds from the Fresh Issue are intended to be utilized by the Company for the following purposes:
Proceeds from the Offer for Sale by the Selling Shareholders will not be received by the Company, and these proceeds will not form part of the Net Proceeds.
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/ |
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: uaml.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
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