Unimech Aerospace and Manufacturing Ltd
Unimech Aerospace and Manufacturing Limited, a prominent engineering solutions provider specializing in high-precision components for industries such as aerospace, defense, energy, and semiconductors, is set to launch its Initial Public Offering (IPO) on December 23, 2024. This IPO offers investors an opportunity to participate in one of the latest IPOs in India, focusing on a company with a strong foothold in high-precision engineering solutions.
Company Overview
Established in 2016, Unimech Aerospace and Manufacturing Limited has rapidly positioned itself as a key player in the manufacturing and supply of critical components for various high-tech industries. The company’s product portfolio includes:
- Aero Tooling: Manufacturing of complex tools for aero-engine and airframe production.
- Ground Support Equipment: Providing essential equipment for aircraft maintenance and support.
- Electro-Mechanical Sub-Assemblies: Supplying intricate sub-assemblies for various applications.
- Precision-Engineered Components: Delivering high-precision parts for the aerospace, defense, energy, and semiconductor sectors.
The company operates two advanced manufacturing facilities in Bangalore, covering over 120,000 sq. ft., equipped with state-of-the-art technology to meet global standards.
IPO Timeline
- IPO Open Date: December 23, 2024
- IPO Close Date: December 26, 2024
- Basis of Allotment: December 27, 2024
- Initiation of Refunds: December 30, 2024
- Credit of Shares to Demat Accounts: December 30, 2024
- Listing Date: December 31, 2024
Price Band and Lot Size
- Price Band: ₹745 to ₹785 per share
- Face Value: ₹5 per share
- Lot Size: 19 shares
- Minimum Investment: ₹14,155
Key Dates
- IPO Open Date: December 23, 2024
- IPO Close Date: December 26, 2024
- Allotment Date: December 27, 2024
- Listing Date: December 31, 2024
Financials
Unimech Aerospace and Manufacturing Limited has demonstrated significant financial growth:
| Period Ended | Revenue (₹ in Crores) | Profit After Tax (₹ in Crores) |
|---|---|---|
| March 31, 2022 | 36.35 | 3.40 |
| March 31, 2023 | 94.17 | 22.80 |
| March 31, 2024 | 208.80 | 58.10 |
Strengths
- Advanced Manufacturing Capabilities: Equipped with state-of-the-art technology to deliver high-precision engineering solutions.
- Digital-First Approach: Utilizes integrated digital manufacturing systems for seamless operations.
- Established Market Presence: Strong relationships with global OEMs and a diverse product portfolio.
Risks
- Customer Concentration: Significant revenue dependence on top five customers.
- Export Dependency: Majority of revenue generated from exports, exposing the company to global market fluctuations.
- Industry Competition: Operates in a highly competitive sector with rapid technological advancements.
IPO Anchor Investors Details
As of now, specific details regarding anchor investors have not been disclosed.
IPO Promoter Holding
| Promoter | Pre-Issue Holding | Post-Issue Holding |
|---|---|---|
| Anil Kumar P, Ramakrishna Kamojhala, Mani P, Rajanikanth Balaraman, and Preetham SV | 91.83% | To be updated |
IPO Grey Market Premium (GMP)
| Date | GMP (₹) |
|---|---|
| December 20, 2024 | 406 |
Note: Grey Market Premiums are subject to change and should be interpreted cautiously.
Final Thoughts
Unimech Aerospace and Manufacturing Limited’s upcoming IPO presents an opportunity for investors to engage with a company exhibiting robust growth in the high-precision engineering sector. Potential investors should carefully assess the company’s strengths and associated risks, ensuring alignment with their investment objectives and risk tolerance.