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  1. Unimech Aerospace and Manufacturing IPO: 10 key points to consider before ₹500 crore offer opening

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Unimech Aerospace and Manufacturing IPO: 10 key points to consider before ₹500 crore offer opening

Upstox

2 min read | Updated on December 20, 2024, 12:01 IST

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SUMMARY

Unimech Aerospace and Manufacturing IPO: The ₹500 crore initial share sale is a fresh issuance of shares worth ₹250 crore as well as an offer-for-sale of ₹250 crore.

Unimech Aerospace and Manufacturing IPO share listing will occur on Tuesday, December 31, 2024.

Unimech Aerospace and Manufacturing IPO share listing will occur on Tuesday, December 31, 2024.

Unimech Aerospace and Manufacturing IPO: Complex tools manufacturer Unimech Aerospace and Manufacturing's initial share sale will hit the primary market on Monday, December 23. The book-built issue aims to raise ₹500 crore. The company's equity shares will be listed on the NSE and the BSE on December 31.

Unimech Aerospace and Manufacturing IPO: 10 key points to know

  • Unimech Aerospace and Manufacturing IPO subscription period: The initial public offering will open for subscription on Monday, December 23 and conclude on Thursday, December 26.
  • Unimech Aerospace and Manufacturing IPO anchor bidding: The bidding window for anchor investors will be open for a day on Friday, December 20.
  • IPO offer structure: The ₹500 crore IPO is a fresh issuance of shares worth ₹250 crore as well as an offer-for-sale of ₹250 crore.
  • Unimech Aerospace and Manufacturing IPO price band: The price band has been fixed at ₹745 to ₹785 per share.
  • Reservation: Half of the net offer has been reserved for qualified institutional buyers, 35% for retail investors and 15% for non-institutional investors.
  • Unimech Aerospace and Manufacturing IPO lot size: An interested investor can bid for at least one lot consisting 19 shares. The minimum investment amount is ₹14,915.
  • Objectives: The fresh issue proceeds will be used for capital expenditure for expansion through the purchase of equipment, fund working capital requirement, investment in material subsidiaries and general corporate purposes.
  • Book-running lead manager and registrar: Anand Rathi Securities and Equirus Capital Pvt Ltd are the issue's book running lead managers, while Kfin Technologies Ltd is the registrar.
  • Allotment date: The share allotment is expected to be finalised on Friday, December 27.
  • Listing date: Unimech Aerospace and Manufacturing IPO share listing will occur on Tuesday, December 31, 2024.

Unimech Aerospace and Manufacturing specialises in manufacturing critical parts such as aero tooling, electro-mechanical sub-assemblies, ground support equipment, and other key precision engineered components for semiconductor, aerospace, defence and energy industries.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

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