Unimech Aerospace IPO (Unimech Aerospace and Manufacturing Limited IPO)
Unimech Aerospace IPO open for bidding on 23rd December 2024 and ends on 26th December 2024.
Unimech Aerospace and Manufacturing Limited is a leading player in the aerospace manufacturing industry, headquartered in Bangalore, Karnataka, India. Established in 2016, the company specializes in producing high-precision tooling and engineering solutions tailored to the stringent requirements of the aerospace sector. Leveraging advanced technologies and state-of-the-art facilities, Unimech has established itself as a trusted partner for both domestic and international clients.
The company operates from two key units: Unit I in the Peenya Industrial Area and Unit II in Bengaluru Aerospace SEZ Park. These facilities are equipped to deliver a wide range of aerospace components and tools, ensuring adherence to the highest industry standards. Unimech focuses on innovation and sustainability, aiming to provide cost-efficient, high-quality solutions.
The organization is led by a team of experienced promoters, including Anil Kumar P and Ramakrishna Kamojhala, who bring a wealth of expertise in aerospace and manufacturing. The company also benefits from strategic partnerships and a robust governance framework to ensure long-term growth and value creation for its stakeholders.
For more details refer to Unimech Aerospace IPO RHP and Unimech Aerospace IPO Pulse Score
Unimech Aerospace IPO Details
| IPO Date | 23rd December 2024 to 26th December 2024 |
| Listing Date | [•] |
| Face Value | ₹5 per share |
| Price Band | ₹745 to ₹785 per share |
| Lot Size | 19 Shares |
| Total Issue Size | [•] shares (aggregating up to ₹500.00 Cr) |
| Fresh Issue | [•] shares (aggregating up to ₹250.00 Cr) |
| Offer for Sale | [•] shares of ₹5 (aggregating up to ₹250.00 Cr) |
| Issue Type | Book Built Issue IPO |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | <50% |
| NII | >15% |
| bNII | 10% |
| sNII | 5% |
| Retail | >35% |
Unimech Aerospace IPO Timeline
| IPO Open | 23rd December 2024 |
| IPO Close | 26th December 2024 |
| Basis Of Allotment | 27th December 2024 |
| Initiation of Refunds | 30th December 2024 |
| Credit of Shares to Demat | 30th December 2024 |
| Listing Date | 31st December 2024 |
Fundamentals
Data as of 30th September 2024
| Market Cap | ₹3,992.27 Cr | P/E Ratio- Pre IPO | 64.37 |
| RoNW* | 9.92% | P/E Ratio- Post IPO | 51.61 |
| RoCE* | 9.69% | P/B Ratio | 31.77 |
| Debt to Equity | 0.64 | PAT Margin | 32.06% |
Note: P/E Ratio -Pre IPO is calculated based on Pre-issue Shareholding and FY Earnings of March 2024. P/E Ratio- Post IPO is calculated based on post-issue shareholding and annualized FY earnings for September 2024. RoCE and RoNW are for six-month period ended September 30, 2024
Unimech Aerospace IPO Objectives
The company proposes to utilize the Net Proceeds towards the funding of the following objects:
- 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 the Material Subsidiary; and
- General corporate purposes.
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