₹ 14915
₹745- ₹785
19
₹1460
86
26 Dec 2024
Download30 Dec 2024
31 Dec 2024
Application Details
The Unimech Aerospace and Manufacturing IPO is set to open for subscription from December 23, 2024, to December 26, 2024. The IPO features a face value of ₹5 per share, with a price band ranging between ₹745 and ₹785 per share. Investors can apply for the IPO in lots, with a minimum lot size of 19 shares costing ₹14,915, and a maximum of 13 lots (247 shares) requiring an investment of ₹1,93,895.
The total issue size is 63,69,424 shares, aggregating up to ₹500 crore, which includes a fresh issue of 31,84,712 shares (₹250 crore) and an offer for sale of 31,84,712 shares (₹250 crore). The reservation split allocates not more than 50% of the net offer to Qualified Institutional Buyers (QIBs), not less than 35% to retail investors, and not less than 15% to Non-Institutional Investors (NIIs).
The IPO timetable includes the basis of allotment on December 27, 2024, initiation of refunds and credit of shares to demat accounts on December 30, 2024, and the listing date on December 31, 2024.
About Unimech Aerospace and Manufacturing
Company Overview
Incorporated in 2016, Unimech Aerospace and Manufacturing Limited specializes in the manufacturing of complex tools and systems, including mechanical assemblies, electro-mechanical systems, and precision components. These products are primarily utilized in aeroengine and airframe production. As an engineering solutions provider, the company focuses on “build to print” and “build to specifications” capabilities, catering to client-specific requirements in the aerospace, defense, energy, and semiconductor industries.
Manufacturing and Facilities
Unimech operates two state-of-the-art manufacturing facilities in Bangalore, covering a combined area of over 1,20,000 sq. ft. 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. Both facilities are ISO-registered, ensuring adherence to stringent quality standards.
Between 2022 and 2024, the company manufactured 2,356 SKUs in the tooling and precision complex sub-assemblies category and 624 SKUs in the precision machined parts category. These products were supplied to over 26 customers across seven countries, reflecting Unimech’s export-driven business model.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.