Unimech Aerospace and Manufacturing Limited, headquartered in Bangalore, Karnataka, is a promising player in the aerospace and manufacturing sector. Established in 2016, the company has carved out a niche in providing precision-engineered components and solutions.
With its upcoming Initial Public Offering (IPO), Unimech aims to scale new heights and attract investors to its growth journey.
Unimech Aerospace and Manufacturing Limited IPO Details & Tentative Schedule
| IPO Date | December 23, 2024 – December 26, 2024 |
| Face Value | ₹5 per equity share |
| Issue Price | ₹745 to ₹785 per share |
| Lot Size | 19 Shares |
| Total Offer 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 (aggregating up to ₹ 250.00 Cr) |
| Share Holding Pre Issue | 4,76,72,170 shares |
| Share Holding Post Issue | 5,08,56,882 shares |
| Listing | NSE and BSE |
| Registrar | KFin Technologies Limited |
| 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 Promoter Holdings
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 |
Unimech Aerospace IPO Reservation
IPO Reservation Table
| 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 |
IPO Lot Size
| 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 | 1273 | ₹9,99,305 |
| B-HNI (Min) | 68 | 1292 | ₹10,14,220 |
Category Reservation Details 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 lakhs If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs | Yes for shareholder/RII |
Unimech Aerospace IPO Anchor Investors Details
Unimech Aerospace IPO raises Rs 149.55 crore from anchor investors. Unimech Aerospace IPOAnchor bid date is December 20, 2024
| Bid Date | December 20, 2024 |
| Shares Offered | 19,05,094 |
| Anchor Portion Size (In Cr.) | 149.55 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 26, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 27, 2025 |
About Unimech Aerospace and Manufacturing Limited
Unimech Aerospace and Manufacturing Limited is a Bengaluru-based company specializing in high-precision manufacturing and engineering solutions for the aerospace, automotive, and industrial sectors. Founded in 2016, Unimech has established itself as a reliable partner for delivering quality components with stringent standards and advanced technologies.
Key Features and Offerings
1. Precision-Engineered Components: Unimech’s core expertise lies in designing and manufacturing high-precision components tailored to meet the specific needs of its clients.
2. Diverse Sectoral Focus: The company serves multiple industries, including aerospace, automotive, and general engineering, ensuring a balanced revenue stream.
3. State-of-the-Art Facilities: With its strategic presence in Peenya Industrial Area and Bengaluru Aerospace SEZ Park, Unimech boasts cutting-edge manufacturing capabilities.
4. Commitment to Innovation: Through substantial investments in R&D, Unimech consistently enhances its technological prowess and product quality.
5. Experienced Leadership: The promoters and management team bring decades of industry experience, driving the company’s growth and operational excellence.
Strategic Vision
Unimech Aerospace envisions becoming a global leader in precision engineering by continuously evolving and meeting the dynamic demands of its clients. It leverages its robust infrastructure and innovation-driven approach to maintain a competitive edge.
Products Offered by Unimech Aerospace
Unimech Aerospace offers a wide range of high-quality products designed to meet the demanding needs of its clients across industries. The product portfolio includes:
1. Aerospace Components: Precision-engineered components used in aircraft systems, including structural parts, engine components, and landing gear assemblies.
2. Tooling Systems: Advanced tooling solutions for manufacturing and assembly processes in the aerospace and automotive sectors.
3. Industrial Equipment: Custom-designed parts and assemblies for industrial machinery and automation systems.
4. Automotive Components: High-precision components for critical automotive applications, ensuring durability and performance.
5. Prototyping Services: Rapid prototyping solutions to assist in the development of new products and designs for clients.
6. Customized Engineering Solutions: Tailor-made products to meet specific client requirements, ensuring flexibility and adaptability.
Strengths and Business Highlights
1. Diverse Product Portfolio: Unimech specializes in precision-engineered components catering to the aerospace, automotive, and industrial sectors. This diversification mitigates risks associated with dependence on a single industry.
2. Strategic Location: Its manufacturing units in Peenya Industrial Area and the Bengaluru Aerospace SEZ Park position Unimech close to key clients and suppliers.
3. Strong Promoter Expertise: The promoters bring extensive experience in engineering and manufacturing, which supports the company’s robust growth.
4. Focus on Innovation: Unimech invests heavily in R&D to maintain its competitive edge in high-precision manufacturing.
5. Established Client Base: The company collaborates with globally recognised aerospace and automotive players, ensuring steady revenue streams and strategic partnerships.
6. Robust Infrastructure and Processes: Unimech’s state-of-the-art facilities and streamlined manufacturing processes enhance efficiency, ensuring high-quality product delivery.
7. Scalable Operations: The company’s flexible production capabilities allow it to scale operations to meet increasing demand without compromising quality or efficiency.
Objectives of the IPO
Unimech Aerospace intends to utilize the funds raised from the IPO for:
1. Capital Expenditure: Enhancing manufacturing capabilities and infrastructure.
2. Debt Repayment: Reducing financial liabilities.
3. General Corporate Purposes: Supporting day-to-day operational needs.
For more details, refer to the “Objects of the Offer” section in the RHP.
Risks Involved
1. Industry Dependence: A significant portion of revenues comes from the aerospace sector. Any downturn in this industry could impact financial performance.
2. First Public Issue Risks: This is the company’s first IPO, and there is no prior trading history for the shares. Post-listing performance may be volatile.
3. Geopolitical and Economic Risks: Given its dependence on global aerospace markets, geopolitical tensions or economic downturns could pose challenges.
For a comprehensive list of risks, refer to the “Risk Factors” section in the RHP.
Market Potential and Industry Overview
1. Global Aerospace Market
The aerospace sector is projected to grow at a CAGR of 4.5% from 2023 to 2030, driven by rising defense budgets and increasing commercial airline demand.
2. India’s Manufacturing Push
India’s Make in India initiative and government incentives for the aerospace sector provide a conducive environment for Unimech’s expansion.
3. Precision Engineering Market
The precision engineering market is expected to reach $450 billion by 2030, offering immense opportunities for players like Unimech.
Company Financials
| Period Ended | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 30 Sep 2024 |
| Assets | 56.88cr | 93.34cr | 175.63cr | 509.27cr |
| Revenue | 37.08cr | 94.93cr | 213.79cr | 127.58cr |
| Profit After Tax | 3.39cr | 22.81cr | 58.13cr | 38.68cr |
| Net Worth | 27.66cr | 48.85cr | 108.6cr | 390.1cr |
| Reserves and Surplus | 26.62cr | 47.8cr | 86.59cr | 113.71cr |
| Total Borrowing | 17.12cr | 22.26cr | 28.86cr | 74.71cr |
Key Performance Indicators
The market capitalization of Unimech Aerospace IPO is Rs 3992.27 Cr.
Revenue Growth
| Financial Year | Value |
| FY 2021-22 | ₹37.08 crores |
| FY 2022-23 | ₹94.93 crores |
| FY 2023-24 | ₹213.79 crores |
This reflects a compound annual growth rate (CAGR) of approximately 133% over the period.
Profit After Tax (PAT)
| Financial Year | Value |
| FY 2021-22 | ₹3.39 crores |
| FY 2022-23 | ₹22.81 crores |
| FY 2023-24 | ₹58.13 crores |
Earnings Per Share (EPS)
| Financial Year | Value |
| FY 2021-22 | ₹0.77 |
| FY 2022-23 | ₹5.19 |
| FY 2023-24 | ₹13.23 |
Return on Equity (ROE)
| Financial Year | Value |
| FY 2021-22 | 12.26% |
| FY 2022-23 | 46.70% |
| FY 2023-24 | 53.53% |
Return on Capital Employed (ROCE)
| Financial Year | Value |
| FY 2021-22 | 10.34% |
| FY 2022-23 | 42.87% |
| FY 2023-24 | 54.36% |
Debt-to-Equity Ratio
| Financial Year | Value |
| FY 2021-22 | 2.61 |
| FY 2022-23 | 0.81 |
| FY 2023-24 | 0.32 |
These metrics indicate robust financial health, with substantial improvements in profitability, operational efficiency, and a strengthened balance sheet over the analyzed period.
Unimech Aerospace IPO Peer Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) | P/E(x) | RoNW (%) | P/BV Ratio | Financial Statements |
| Unimech Aerospace and Manufacturing Limited | 8.49 | 8.49 | 85.65 | 9.92 | Consolidated | ||
| MTAR Technologies Limited | 7.54 | 7.54 | 227.42 | 237.09 | 3.32 | 7.87 | Consolidated |
| Azad Engineering Limited | 273.47 | 273.47 | 115.5 | 145.37 | 5.57 | 15.33 | Consolidated |
| Paras Defence and Space Technologies Limited | 147.98 | 147.98 | 120.45 | 146.89 | 5.71 | 9.07 | Consolidated |
| Dynamatic Technologies Ltd | 230.12 | 230.12 | 1,038.98 | 37.34 | 3.32 | 7.65 | Consolidated |
| Data Patterns (India) Limited | 223.67 | 223.67 | 241.07 | 89.98 | 4.67 | 10.46 | Consolidated |
Source: All the financial information for the listed industry peers mentioned above is on a consolidated basis and is sourced from the filings made with stock exchanges available on www.bseindia.com for the Financial Year/Period ending September 30, 2024, and March 31, 2024.
Source for Unimech Aerospace and Manufacturing Limited: Based on the Restated Consolidated Financial Information for the year/period ended September 30, 2024.
Unimech Aerospace IPO Prospectus
› Anchor Investors in Unimech Aerospace IPO
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
Website: https://unimechaerospace.com/
Unimech Aerospace IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: uaml.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Unimech Aerospace IPO Lead Manager(s)
1. Anand Rathi Securities Limited
2. Equirus Capital Private Limited
Unimech Aerospace Day-wise IPO GMP Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
| 31-12-2024 | ₹785.00 | ₹625 | 9000/126000 | ₹1410 (79.62%) | 31-12-2024 |
| 30-12-2024 | ₹785.00 | ₹625 | 9000/126000 | ₹1410 (79.62%) | 30-12-2024 |
| 29-12-2024 | ₹785.00 | ₹715 | 10300/144200 | ₹1500 (91.08%) | 29-12-2024 |
| 28-12-2024 | ₹785.00 | ₹666 | 9600/134400 | ₹1451 (84.84%) | 28-12-2024 |
| 27-12-2024 | ₹785.00 | ₹666 | 9600/134400 | ₹1451 (84.84%) | 27-12-2024 |
| 26-12-2024 | ₹785.00 | ₹630 | 9100/127400 | ₹1415 (80.25%) | 26-12-2024 |
| 25-12-2024 | ₹785.00 | ₹610 | 8800/123200 | ₹1395 (77.71%) | 25-12-2024 |
| 24-12-2024 | ₹785.00 | ₹510 | 7400/103600 | ₹1295(64.97%) | 24-12-2024 |
| 23-12-2024 | ₹785.00 | ₹510 | 6900/96600 | ₹1265 (61.15%) | 23-Dec-2024 |
| 22-12-2024 | ₹785.00 | ₹480 | 6900/96600 | ₹1265 (61.15%) | 22-Dec-2024 |
| 21-12-2024 | ₹785.00 | ₹480 | 6900/96600 | ₹1265 (61.15%) | 21-Dec-2024 |
| 20-12-2024 | ₹785.00 | ₹405 | 5800/81200 | ₹1190 (51.59%) | 20-Dec-2024 |
| 19-12-2024 | ₹785.00 | ₹405 | 5800/81200 | ₹1190 (51.59%) | 19-Dec-2024 |
| 18-12-2024 | ₹785.00 | ₹405 | 5800/81200 | ₹1190 (51.59%) | 18-Dec-2024 |
Unimech Aerospace IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Rs Cr.)* |
| Anchor Investors | 1 | 19,05,094 | 19,05,094 | 149.55 |
| Qualified Institutions | 334.68 | 12,70,065 | 42,50,68,114 | 33,367.85 |
| Non-Institutional Buyers | 277.55 | 9,52,548 | 26,43,78,179 | 20,753.69 |
| bNII (bids above ₹10L) | 302.3 | 6,35,032 | 19,19,68,609 | 15,069.54 |
| sNII (bids below ₹10L) | 228.05 | 3,17,516 | 7,24,09,570 | 5,684.15 |
| Retail Investors | 59.19 | 22,22,611 | 13,15,66,697 | 10,327.99 |
| Employees | 100.95 | 19,108 | 19,28,937 | 151.42 |
| Total ** | 184.34 | 44,66,322 | 82,29,41,927 | 64,600.94 |
Total Applications: 76,17,211
Day-Wise Subscription details (Times)
| Date | QIB | NII | NII(>₹ 10L) | NII(<₹ 10L) | Retail | EMP | Total |
| Day 1 Dec 23, 2024 | 0 | 1.43 | 0.69 | 2.91 | 2.04 | 3.25 | 1.33 |
Frequently Asked Questions (FAQs)
1. What is Unimech Aerospace?
Unimech Aerospace is a leading company specializing in aerospace components and solutions. The company focuses on designing, manufacturing, and delivering precision-engineered products for aviation and defense industries.
2. What are the key details of the Unimech Aerospace IPO?
IPO Opening Date: December 23, 2024
IPO Closing Date: December 26, 2024
Price Band: ₹745 to ₹785 per share
Lot Size: 19 shares
Issue Size: 63,69,424 shares (aggregating up to ₹500.00 Cr)
3. How can I apply for the Unimech Aerospace IPO?
You can apply through:
ASBA (Applications Supported by Blocked Amount): via your bank’s net banking portal.
UPI (Unified Payments Interface): using stockbroking platforms such as Zerodha, Upstox, Groww, or Paytm Money.
4. When will the IPO allotment status be announced?
The allotment status will be available on the registrar’s website, usually within 7 working days after the IPO closes.
