Unimech Aerospace IPO is a book built issue of Rs 500.00 crores. The issue is a combination of fresh issue of 0.32 crore shares aggregating to Rs 250.00 crores and offer for sale of 0.32 crore shares aggregating to Rs 250.00 crores.

Unimech Aerospace IPO opens for subscription on December 23, 2024 and closes on December 26, 2024. The allotment for the Unimech Aerospace IPO is expected to be finalized on Friday, December 27, 2024. Unimech Aerospace IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 31, 2024.

Unimech Aerospace IPO price band is set at ₹745 to ₹785 per share. The minimum lot size for an application is 19. The minimum amount of investment required by retail investors is ₹14,915. The minimum 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.

Anand Rathi Securities LimitedEquirus Capital Private Limited are the book running lead managers of the Unimech Aerospace IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Unimech Aerospace IPO RHP for detailed information.

Unimech Aerospace IPO Details

IPO Date December 23, 2024 to December 26, 2024
Listing Date [.]
Face Value ₹5 per share
Price Band ₹745 to ₹785 per share
Lot Size 19 Shares
Total Issue Size 63,69,424 shares
(aggregating up to ₹500.00 Cr)
Fresh Issue 31,84,712 shares
(aggregating up to ₹ 250.00 Cr)
Offer for Sale 31,84,712 shares of ₹5
(aggregating up to ₹250.00 Cr)
Issue Type Book Built Issue 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 Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Offer
NII (HNI) Shares Offered Not less than 15% of the Net Offer

Category Reservation Detail Table

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 Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)If applying as RII: Upto Rs. 2 lakhsIf applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs Yes for shareholder/RII

Unimech Aerospace IPO Timeline (Tentative Schedule)

Unimech Aerospace IPO IPO opens on December 23, 2024, and closes on December 26, 2024.

IPO Open Date Monday, December 23, 2024
IPO Close Date Thursday, December 26, 2024
Basis of Allotment Friday, December 27, 2024
Initiation of Refunds Monday, December 30, 2024
Credit of Shares to Demat Monday, December 30, 2024
Listing Date Tuesday, December 31, 2024
Cut-off time for UPI mandate confirmation 5 PM on December 26, 2024

Unimech Aerospace IPO Lot Size

Investors can bid for a minimum of 19 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors 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
Lot Size Calculator

Unimech Aerospace IPO Promoter Holding

Anil Kumar P, Ramakrishna Kamojhala, Mani P, Rajanikanth Balaraman and Preetham SV are the promoters of the company.

Share Holding Pre Issue 91.83%
Share Holding Post Issue  

About Unimech Aerospace and Manufacturing Limited

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:

  • Aero Engine tooling: Engine lifting and balancing beams,Oil Tubes Alignment Fixture, Radial Centering Support etc.
  • Airframe tooling: Lateral Spar Assembly, Drill Jig, Airframe Assembly Platforms
  • Precision Parts: Missile Component, Missile Component
  • Precision Sub System: Rocker Arm – HMC CDA

Competitive Strenghths:

  • Advanced manufacturing capabilities capable of delivering high precision engineering solutions
  • Digital-first manufacturing company with a robust infrastructure facilitating seamless integration of operations
  • Established player with unique capabilities in a sector with high barriers to entry
  • Export driven player with a global delivery service model
  • Robust vendor ecosystem and strong sub-contractor management with proven execution capabilities
  • Experienced and complementary management team with strong implementation skills and operational effectiveness

Company Financials

Unimech Aerospace and Manufacturing Limited Financial Information (Restated Consolidated)

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
Revenue 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

Key Performance Indicator

The market capitalization of Unimech Aerospace IPO is Rs 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

Check Unimech Aerospace IPO Peer Comparison here.

  Pre IPO Post IPO
EPS (Rs) 12.19 15.21
P/E (x) 64.37 51.61

Note:

  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.

Objects of the Issue (Unimech Aerospace IPO Objectives)

The Company intends to utilise the Net Proceeds from the Fresh Issue towards funding the following objects: 1.

  1. Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company
  2. Funding working capital requirements of the Company
  3. 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 their Material Subsidiary
  4. General corporate purposes.

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

Sorry, we couldn’t find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Unimech Aerospace IPO Prospectus

Unimech Aerospace and Manufacturing Limited Contact Details

Unimech Aerospace and Manufacturing Limited
538, 539, 542 & 543,
7 th Main of Peenya IV Phase Industrial Area,
Yeshwanthpur Hobli, Bangalore North Taluk – 560058
Phone: 080-4204 6782
Email: investorrelations@unimechaerospace.com
Websitehttps://unimechaerospace.com/

Unimech Aerospace IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: uaml.ipo@kfintech.com
Websitehttps://kosmic.kfintech.com/ipostatus/