Unimech Aerospace IPO - Day 3 Subscription at 20.51 Times

Unimech Aerospace's initial public offering (IPO) has received exceptional investor interest over the three-day period. The IPO witnessed remarkable growth in demand, with subscription rates progressing from 4.05 times on day one, to 9.60 times on day two, and reaching an impressive 20.51 times by 10:44 AM on the final day.

 

Unimech Aerospace IPO, which opened on 23rd December 2024, has seen outstanding participation across categories. The Non-Institutional Investors have shown remarkable interest, reaching 46.92 times subscription, while the Employee portion achieved strong subscription at 30.91 times. The Retail Investors segment reached 18.01 times, and the QIB portion stands at 4.91 times.

This robust response comes amid positive sentiment in the Indian stock market, particularly towards companies in the aerospace and defense manufacturing sector.

Subscription Status of Unimech Aerospace IPO:

*As of 10:44 AM

Here are the subscription details for Unimech Aerospace IPO as of Day 3 (26th December 2024, 10:44 AM):

Total Applications: 18,37,708

Note:

• "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
• The portion of anchor investors is not included in the total shares offered.

Key Highlights - Unimech Aerospace IPO Day 3 Subscription

• Overall subscription reached exceptional 20.51 times on the final day
• Non-Institutional Investors demonstrated remarkable interest with 46.92 times subscription
• Small NII segment achieved outstanding 47.34 times subscription
• Large NII segment reached impressive 46.71 times subscription
• Employee portion showing strong confidence at 30.91 times
• Retail investors achieved robust 18.01 times subscription
• QIB portion maintained steady at 4.91 times
• Total bids worth ₹7,186.43 crores received
• Applications reached 18,37,708 showing massive interest
   

Unimech Aerospace IPO - Day 2 Subscription at 9.60 Times

Key Highlights:

• Overall subscription grew significantly to 9.60 times
• Employee portion increased to 16.47 times subscription
• Retail investors showed strong growth to 10.89 times
• Non-institutional investors progressed to 12.73 times
• QIB portion improved to 4.89 times
• Small NII segment reached 21.03 times subscription
• Large NII segment achieved 8.58 times
• Day two witnessed accelerated momentum
• Market response indicating robust demand

Unimech Aerospace IPO - Day 1 Subscription at 4.05 Times

Key Highlights:

• Overall subscription grew significantly to 9.60 times
• Employee portion increased to 16.47 times subscription
• Retail investors showed strong growth to 10.89 times
• Non-institutional investors progressed to 12.73 times
• QIB portion improved to 4.89 times
• Small NII segment reached 21.03 times subscription
• Large NII segment achieved 8.58 times
• Day two witnessed accelerated momentum
• Market response indicating robust demand

About Unimech Aerospace and Manufacturing Limited 

Incorporated in 2016, Unimech Aerospace and Manufacturing Limited has established itself as a specialized manufacturer of complex tools and mechanical assemblies for the aerospace industry. The company operates as an engineering solutions provider, focusing on manufacturing complex products with "build to print" and "build to specifications" offerings for aerospace, defense, energy, and semiconductor industries. Between 2022 and 2024, they have manufactured 2,356 SKUs in tooling and precision complex sub-assemblies and 624 SKUs in precision machined parts, serving more than 26 customers across 7 countries.

The company operates two ISO-registered manufacturing facilities in Bangalore, with Unit I in Peenya spanning 30,000 sq ft and Unit II in a Special Economic Zone near Bangalore International Airport covering 90,000 sq ft. With 384 employees as of March 31, 2024, the company demonstrates strong technical capabilities. Their financial performance shows remarkable growth with revenue increasing by 125% and PAT rising by 155% between FY2023 and FY2024.

Their competitive strengths lie in their advanced manufacturing capabilities, digital-first approach, established market position in a high-entry-barrier sector, export-driven global delivery model, robust vendor ecosystem, and experienced management team.

Highlights of the Unimech Aerospace IPO

• IPO type: Book Built Issue
• IPO size: ₹500.00 crores
• Fresh Issue: ₹250.00 crores
• Offer for Sale: ₹250.00 crores
• Face value: ₹5 per share
• Price band: ₹745 to ₹785 per share
• Lot size: 19 shares
• Minimum investment for retail investors: ₹14,915
• Minimum investment for sNII: ₹2,08,810 (14 lots)
• Minimum investment for bNII: ₹10,14,220 (68 lots)
• Employee reservation: 19,108 shares
• Listing at: BSE, NSE
• IPO opens: 23rd December 2024
• IPO closes: 26th December 2024
• Allotment date: 27th December 2024
• Refund initiation: 30th December 2024
• Credit of shares: 30th December 2024
• Listing date: 31st December 2024
• Lead Managers: Anand Rathi Securities Limited, Equirus Capital Private Limited
• Registrar: Kfin Technologies Limited