How to Check Unimech Aerospace IPO Allotment Status?

Unimech Aerospace and Manufacturing specializes in the production of advanced tools and systems used in aeroengine and airframe manufacturing. This IPO aims to support the company's growth by addressing capital and operational requirements.

Unimech Aerospace and Manufacturing Limited has launched its IPO, with the total issue size of ₹500 crore. It comprises a fresh issue of 0.32 crore shares worth ₹250 crore and an offer for sale of 0.32 crore shares aggregating to ₹250 crore. The IPO opened on December 23, 2024, and closed on December 26, 2024.The allotment date of the Unimech Aerospace IPO is on Friday, December 27, 2024.

Steps to Check Unimech Aerospace IPO Allotment Status on Registrar Site

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• Visit Kfin Technologies.
• Select "Unimech Aerospace IPO" from the dropdown menu.
• Enter your PAN ID, Demat Account Number, or Application Number.
• Complete the captcha verification and click "Submit."

Steps to Check Unimech Aerospace IPO Allotment Status on BSE

• Visit the BSE IPO Allotment Page.
• Select "Unimech Aerospace IPO" from the dropdown menu.
• Enter your Application Number and PAN ID.
• Confirm captcha and click "Search."

Unimech Aerospace Subscription Status

The Unimech Aerospace IPO received an overwhelming response, being subscribed 184.34 times overall. Here is a category-wise breakdown of the subscription as of 6:19:08 PM on December 26, 2024:

• Retail Category: 59.19 times
• Qualified Institutional Buyers (QIB): 334.68 times
• Non-Institutional Investors (NII): 277.55 times

As of 6:19:08 pm

Utilization of Unimech Aerospace IPO Proceeds

The funds raised through the Unimech Aerospace IPO will be utilized as follows:

Capital Expenditure: Acquisition of machinery and equipment to expand operations.

Working Capital Requirements: Addressing the company’s working capital needs.

Investment in Material Subsidiary:

• Procurement of machinery and equipment.
• Funding working capital requirements.
• Repayment or prepayment of certain borrowings.

General Corporate Purposes: Supporting miscellaneous business objectives.

Note: The proceeds from the Offer for Sale will not be allocated to the company and will go to the selling shareholders.

Unimech Aerospace and Manufacturing IPO - Listing Details 

The shares of Unimech Aerospace and Manufacturing Limited are scheduled to list on December 31, 2024, on both the BSE and NSE.

Unimech Aerospace and Manufacturing’s IPO has garnered strong investor interest, with a subscription rate of 184.34 times. The funds raised may support the company’s capital and operational needs, positioning it for future growth. Investors can check the allotment status through the registrar’s website or NSE on the allotment date of the Unimech IPO i.e. on 27th December 2024. The shares are set to debut on December 31, 2024, offering an exciting opportunity for market participants.