Unimech Aerospace and Manufacturing Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹625(79.62%)
Premium (ELP)
Unimech Aerospace and Manufacturing Limited's successfully transitioned to public market status with its listing on NSE, BSE on Dec 31, 2024. The IPO mobilized 63,69,424 Shares in cumulative capital, including 31,84,712 Shares for corporate expansion and ₹250.00 Cr for shareholder liquidity management.
The public offering was conducted within the price parameters of ₹745 to ₹785, with minimum investment lots of 19 shares. subscription activity between Dec 23, 2024 and Dec 26, 2024 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Dec 27, 2024, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2016, Unitech Aerospace and Manufacturing Limited specializes in manufacturing complex tools, mechanical assemblies, electro-mechanical systems, and components for aeroengine and airframe production. The company provides engineering solutions with "build to print" and "build to specifications" offerings, catering to aerospace, defense, energy, and semiconductor industries. Between 2022 and 2024, it produced 2,356 SKUs in tooling and precision sub-assemblies and 624 SKUs in precision machined parts, serving over 26 customers across 7 countries. Operating from two ISO-certified facilities in Bangalore, covering 1,20,000 sq. ft., the company employed 384 personnel as of March 31, 2024.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Advanced Precision Engineering: Specializes in high-precision solutions for aerospace, defense, energy, and semiconductor industries.
- Digital-First Operations: Strong digital manufacturing infrastructure ensures seamless integration and operational efficiency.
- Established Market Position: Proven capabilities in a high-barrier industry with ISO-certified facilities and trusted global clientele.
- High Sector Dependency: Over 94% of the company’s revenue comes from the aerospace sector, making it vulnerable to any slowdown or negative developments in this industry.
- Customer Concentration Risk: More than 95% of revenue is generated from the top 10 customers. Any reduction in orders or loss of a major client can significantly impact business performance.
- Statutory Payment Delays: The company has previously delayed statutory payments, which may lead to penalties and could affect financial health if such delays continue.
- Anil Kumar P
- Ramakrishna Kamojhala
- Mani P
- Rajanikanth Balaraman
- Preetham SV
Unimech Aerospace and Manufacturing Limited
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