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About Unimech Aerospace and Manufacturing IPO
Unimech Aerospace and Manufacturing is set to roll out a Rs 500 crore book. This IPO subscription is an amalgamation of a fresh issue of Rs 250 crore (0.32 crore shares) and an offer-for-sale of Rs 250 crore (0.32 crore shares). The organisation is gearing up to list on both the BSE and NSE.
Retail investors must make a minimum investment of Rs 14,915 to participate. Small NII investors need to invest at least Rs 2,08,810 for 266 shares, equivalent to 14 lots. Large NII investors need a minimum investment of Rs 10,14,220 for 1,292 shares, which is 68 lots.
Kfin Technologies Ltd will oversee the registration process for this offering. Anand Rathi Securities Ltd, Equirus Capital Pvt Ltd are the book running lead managers in this IPO.
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Unimech Aerospace and Manufacturing IPO Latest GMP:
The most recent GMP of the IPO is Rs 480, as of 23rd December, 2024 11:55 AM. The IPO has a price band of Rs 785. The estimated listing price for Unimech Aerospace and Manufacturing is Rs 1,265, reflecting a potential gain of 61.15% per share.
For the IPO, the Retail Subject to Sauda is Rs 6,900, and the Small HNI Subject to Sauda is Rs 96,600. The GMP ranges from a low of Rs 0 to a high of Rs 480.
Unimech Aerospace and Manufacturing IPO Details
| Unimech Aerospace and Manufacturing IPO Opening Date and Closing Date | 23rd December to 26th December |
| Face Value | Rs 5 per share |
| Price Band | Rs 745 to Rs 785 per share |
| Lot Size | 19 Shares |
| Total Issue Size | 63,69,424 shares (aggregating up to Rs 500 Cr) |
| Fresh Issue | 31,84,712 shares (aggregating up to Rs 250 Cr) |
| Offer for Sale | 31,84,712 shares (aggregating up to Rs 250 Cr) |
| Issue Type | Book-Built Type Issue |
| Listing At | NSE, BSE |
| Shareholding Pre-Issue | 4,76,72,170 Shares |
| Shareholding Post Issue | 5,08,56,882 Shares |
| Basis of Allotment | Friday, 27th December, 2024 |
| Refund Initiation | Monday, 30th December, 2024 |
| Credit of Shares in Demat | Monday, 30th December, 2024 |
| Listing Date | Tuesday, 31st December, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on 26th December, 2024 |
| Draft Red Herring Prospectus | Link |
| Red Herring Prospectus | Link |
Unimech Aerospace and Manufacturing Company Insights
Founded in 2016, Unimech Aerospace and Manufacturing Limited focuses on high-end tooling technology, including mechanical assemblies and electro-mechanical systems, working for the aero engines and airframes market.
Thus, Unimech Aerospace brings another four approaches to the general public: ”design—not build yet for print” and ”design for build to specifications engineering solutions”” build” for aerospace, defense, energy, and semiconductor industries by using machining and fabrication, assembly and testing new product development.
The company produced 2,356 types of SKUs in tooling and sub-assemblies and 624 types of SKUs in precision machined parts serving 26+ customers across 7 countries in 2022-2024.
As of 31st March, 2024, it operates two ISO-certified manufacturing facilities in Bangalore: Unit I (30,000 sq ft) in Peenya and Unit II (90,000 sq ft) in an SEZ near Bangalore Airport, covering over 1,20,000 sq ft in total.
As of 31st March, 2024, the company employed 384 people.
Unimech Aerospace and Manufacturing IPO Lot Size, Shares, And Their Value:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 19 | Rs 14,915 |
| Retail (Max) | 13 | 247 | Rs 1,93,895 |
| S-HNI (Min) | 14 | 266 | Rs 2,08,810 |
| S-HNI (Max) | 67 | 1,273 | Rs 9,99,305 |
| B-HNI (Min) | 68 | 1,292 | Rs 10,14,220 |
Investor categories and Unimech Aerospace and Manufacturing shares offered:
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50.00% of the offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Unimech Aerospace and Manufacturing Key Finances:
For the period ended on 31st March, 2024 & 31st March, 2023:
| Periods Ended | 31st Mar, 2024 | 31st Mar, 2023 |
| Assets | Rs 175.63 Cr. | Rs 93.34 Cr. |
| Revenue | Rs 213.79 Cr. | Rs 94.93 Cr. |
| Profit After Tax | Rs 58.13 Cr. | Rs 22.81 Cr. |
| Net Worth | Rs 108.6 Cr. | Rs 48.85 Cr. |
| Reserves and Supplies | Rs 86.59 Cr. | Rs 47.8 Cr. |
| Total Borrowing | Rs 28.86 Cr. | Rs 22.26 Cr. |
Unimech Aerospace and Manufacturing IPO: Worth Investing?
Financial Performance:
Revenue: The company generated Rs 127.58 crore in revenue during the period ended on 30th Sep, 2024.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 390.1 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 509.27 crore.
Reserves and Surplus: The company has accumulated reserves and surplus of Rs 113.71 crore.
Unimech Aerospace and Manufacturing Key Performance Indicators (KPI) and their values:
The market capitalisation of Unimech Aerospace and Manufacturing IPO is Rs 3,992.27 crore. As of 31st March, KPI and their values are:
| KPI | Values |
| Return on Equity (ROE) | 53.53% |
| Return on Capital Employed (ROCE) | 54.36% |
| Return on Net Worth (RoNW) | 53.53% |
| Debt-to-Equity (D/E) | 0.32 |
| Price to Book Value (P/BV) | 31.77 |
| PAT Margin (%) | 27.85 |
Objectives of Unimech Aerospace and Manufacturing IPO
The company plans to use the net proceeds from the fresh issue for:
- Purchasing machinery and equipment for expansion.
- Meeting working capital needs.
- Investing in its material subsidiary for machinery, working capital, and partial/full loan repayment.
- General corporate purposes.
Proceeds from the Offer for Sale will go to selling shareholders and not be part of the net proceeds.
Key Risks of Investing in Unimech Aerospace and Manufacturing IPO
- The company heavily relies on aerospace, defense, energy, and semiconductor industries, which face cyclical and geopolitical risks.
- Its operations are smaller compared to larger competitors, limiting scalability.
- Dependence on 26 customers means reduced orders from key clients could affect revenue.
- Operating in defense and aerospace exposes it to global tensions and trade restrictions.
- High reliance on skilled labor may create challenges in efficiency and handling attrition.
Some Frequently Asked Questions (FAQs)
What is the price band of the Unimech Aerospace and Manufacturing IPO?
Price band has been fixed at Rs 745 and Rs 785 per share.
What is the retail investor quota of Unimech Aerospace and Manufacturing IPO?
A minimum of 35% shares shall go to the retail investors.
What is the lot size and share distribution for High Net-Worth Individuals (HNIs)?
The lot size for HNIs is 14 lots, with a total of 266 shares allocated.
How can I apply for Unimech Aerospace and Manufacturing Initial Public Offer?
You can apply through your demat account, banking channels, or other financial institutions during the IPO period.
When is the Last Date of IPO subscription for Unimech Aerospace and Manufacturing?
The cut-off time is 5 PM on 26th December, 2024, but many brokers close applications earlier, typically between 1-3 PM.
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