Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Unimech Aerospace IPO is a book build issue of ₹500.00 crores. The issue is a combination of fresh issue of 0.32 crore shares aggregating to ₹250.00 crores and offer for sale of 0.32 crore shares aggregating to ₹250.00 crores.
Unimech Aerospace IPO bidding started from Dec 23, 2024 and ended on Dec 26, 2024. The allotment for Unimech Aerospace IPO was finalized on Dec 27, 2024. The shares got listed on BSE, NSE on Dec 31, 2024.
Unimech Aerospace IPO price band is set at ₹785.00 per share . The lot size for an application is 19. The minimum amount of investment required by an retail is ₹14,155 (19 shares). The lot size investment for sNII is 14 lots (266 shares), amounting to ₹2,08,810, and for bNII, it is 68 lots (1,292 shares), amounting to ₹10,14,220.
The issue includes a reservation of up to 19,108 shares for employees offered at a discount of ₹0.00 to the issue price.
Anand Rathi Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
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 per share |
| Issue Price Band | ₹745 to ₹785 per share |
| Issue Price Final | ₹785 per share |
| Lot Size | 19 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 63,69,426 shares (aggregating up to ₹500.00 Cr) |
| Fresh Issue | 31,84,713 shares (aggregating up to ₹250.00 Cr) |
| Offer for Sale | 31,84,713 shares of ₹5 (aggregating up to ₹250.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,76,72,170 shares |
| Share Holding Post Issue | 5,08,56,882 shares |
Unimech Aerospace IPO offers total 63,69,426 shares. Out of which 31,75,158 (49.85%) allocated to QIB, 12,70,064 (19.94%) allocated to QIB, 9,52,548 (14.96%) allocated to NII, 22,22,612 (34.90%) allocated to RII and 19,05,094 (29.91%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 31,75,158 (49.85%) | NA |
| − Anchor Investor Shares Offered | 19,05,094 (29.91%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 12,70,064 (19.94%) | NA |
| NII (HNI) Shares Offered | 9,52,548 (14.96%) | NA |
| − bNII > ₹10L | 6,35,032 (9.97%) | 2,387 |
| − sNII < ₹10L | 3,17,516 (4.99%) | 1,193 |
| Retail Shares Offered | 22,22,612 (34.90%) | 1,16,979 |
| Employee Shares Offered | 19,108 (0.30%) | NA |
| Total Shares Offered | 63,69,426 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Unimech Aerospace IPO raises ₹149.55 crore from anchor investors. Unimech Aerospace IPO Anchor bid date is December 20, 2024. Unimech Aerospace IPO Anchor Investors list
| Bid Date | December 20, 2024 |
| Shares Offered | 19,05,094 |
| Anchor Portion Size (In Cr.) | 149.55 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 26, 2025 |
Unimech Aerospace IPO opens on December 23, 2024, and closes on December 26, 2024.
| IPO Open Date | Mon, Dec 23, 2024 |
| IPO Close Date | Thu, Dec 26, 2024 |
| Tentative Allotment | Fri, Dec 27, 2024 |
| Initiation of Refunds | Mon, Dec 30, 2024 |
| Credit of Shares to Demat | Mon, Dec 30, 2024 |
| Tentative Listing Date | Tue, Dec 31, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Dec 26, 2024 |
Investors can bid for a minimum of 19 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 19 | ₹14,915 |
| Retail (Max) | 13 | 247 | ₹1,93,895 |
| S-HNI (Min) | 14 | 266 | ₹2,08,810 |
| S-HNI (Max) | 67 | 1,273 | ₹9,99,305 |
| B-HNI (Min) | 68 | 1,292 | ₹10,14,220 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2016, Unitech Aerospace and Manufacturing Limited is engaging in the manufacturing of complex tools like mechanical assemblies, electro-mechanical systems, and components for aeroengine and airframe production.
The company is an engineering solutions provider specializing in the manufacturing of complex products with "build to print" and "build to specifications" offerings. This involves machining, fabrication, assembly, testing, and creating new products based on the specific requirements of clients in the aerospace, defense, energy, and semiconductor industries.
Between Year 2022 and Year 2024, They have manufactured 2,356 SKUs in tooling and precision complex sub-assemblies category and 624 SKUs in the precision machined parts category, supplying to more than 26 customers across 7 countries.
As of March 31, 2024, the company operates two manufacturing facilities in Bangalore, covering a total area of over 1,20,000 sq ft. Unit I, located in Peenya, spans over 30,000 sq ft, while Unit II, situated in a Special Economic Zone near Bangalore International Airport, covers over 90,000 sq ft. These facilities are registered with ISO.
As of March 31, 2024, The Company had 384 employees.
Products:
Competitive Strenghths:
Unimech Aerospace and Manufacturing Limited's revenue increased by 125% and profit after tax (PAT) rose by 155% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 509.27 | 175.63 | 93.34 | 56.88 |
| Total Income | 127.58 | 213.79 | 94.93 | 37.08 |
| Profit After Tax | 38.68 | 58.13 | 22.81 | 3.39 |
| Net Worth | 390.1 | 108.6 | 48.85 | 27.66 |
| Reserves and Surplus | 113.71 | 86.59 | 47.8 | 26.62 |
| Total Borrowing | 74.71 | 28.86 | 22.26 | 17.12 |
| Amount in ₹ Crore | ||||
The market capitalization of Unimech Aerospace IPO is ₹3992.27 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 53.53% |
| ROCE | 54.36% |
| Debt/Equity | 0.32 |
| RoNW | 53.53% |
| PAT Margin | 27.85% |
| Price to Book Value | 31.77 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 12.19 | 15.21 |
| P/E (x) | 64.37 | 51.61 |
The Company intends to utilise the Net Proceeds from the Fresh Issue towards funding the following objects: 1.
The Company will not receive any proceeds from the Offer for Sale by the Selling Shareholders and the proceeds from the Offer for Sale will not form part of the Net Proceeds
[Dilip Davda] The company is engaged in providing engineering solutions for critical parts in Aero Tooling, ground support equipment etc. It enjoys niche place in the segment. The company posted quantum jump in its top and bottom lines from FY24 onwards. Based on its recent financial numbers, the issue appears fully priced. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | December 31, 2024 |
| BSE Script Code | 544322 |
| NSE Symbol | UNIMECH |
| ISIN | INE0U3I01011 |
| Final Issue Price | ₹785 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B |
Unimech Aerospace & Manufacturing Ltd.
538, 539, 542 & 543,
7 th Main of Peenya IV Phase Industrial Area,
Yeshwanthpur Hobli, Bangalore North Taluk - 560058
Bangalore Urban, Karnataka
Phone: 080-4204 6782
Email: investorrelations@unimechaerospace.com
Website: https://unimechaerospace.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: uaml.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Unimech Aerospace IPO is a main-board IPO of 63,69,426 equity shares of the face value of ₹5 aggregating up to ₹500.00 Crores. The issue is priced at ₹785 per share. The minimum order quantity is 19.
The IPO opens on December 23, 2024, and closes on December 26, 2024.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Unimech Aerospace IPO using UPI as a payment gateway. Zerodha customers can apply in Unimech Aerospace IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Unimech Aerospace IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Unimech Aerospace IPO opens on December 23, 2024 and closes on December 26, 2024.
Unimech Aerospace IPO lot size is 19, and the minimum amount required for application is ₹14,915.
You can apply in Unimech Aerospace IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Unimech Aerospace IPO will be done on Friday, December 27, 2024, and the allotted shares will be credited to your demat account by Monday, December 30, 2024. Check the Unimech Aerospace IPO allotment status.
The Unimech Aerospace IPO listing date is on Tuesday, December 31, 2024.
Useful Articles
RHP