Unimech Aerospace & Manufacturing IPO
Unimech Aerospace & Manufacturing IPO — date, price band, lot size & details 2024
Unimech Aerospace & Manufacturing listed on 31 Dec 2024 at ₹1,460, 86% above the ₹785 issue price.
Unimech Aerospace & Manufacturing makes aero tooling, ground support equipment, electro-mechanical sub-assemblies and precision parts for aerospace, defence, energy and semiconductor customers. Its total income was Rs 213.79 crore in FY2024.
Stock price
Unimech Aerospace & Manufacturing is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 11 November.
- Open 23 Dec 2024
- Close 26 Dec 2024
- Allotment 27 Dec 2024
- Refund/credit 30 Dec 2024
- Listing 31 Dec 2024
Issue summary
The terms of the offer, as filed.
| IPO Dates | 23 to 26 Dec, 2024 |
|---|---|
| Price Band | ₹745 – ₹785 |
| Face Value | ₹5 |
| Lot Size | 19 Shares |
| Issue Size | ₹500 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 14,915 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 19 shares at the ₹785 cut-off. Drag to size your application.
| 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 | 1,273 | ₹9,99,305 |
| B-HNI (min) | 68 | 1,292 | ₹10,14,220 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Total income rose from Rs 37.08 crore in FY2022 to Rs 213.79 crore in FY2024.
- 02Profit after tax rose from Rs 3.39 crore in FY2022 to Rs 58.13 crore in FY2024.
- 03The source puts the PAT margin at 27.85% and return on net worth at 53.53%.
- 04Profit after tax was Rs 38.68 crore in the six months to 30 September 2024.
- 05Net worth rose to Rs 390.10 crore on 30 September 2024 after fresh capital.
Risks · 5
- 01The pre-issue P/E was 64.37 at the upper band of Rs 785, based on EPS of Rs 12.19.
- 02It depends on a few large global OEMs, mostly abroad, which adds currency risk, and debt to equity was 0.32 as per the source.
- 03Total borrowing rose from Rs 28.86 crore on 31 March 2024 to Rs 74.71 crore on 30 September 2024.
- 04Half of the Rs 500 crore issue was offer for sale by the promoters.
- 05Promoters and the promoter group held 91.83% before the issue and 79.82% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Unimech Aerospace & Manufacturing offer document.
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 509.27 | 175.63 | 93.34 | 56.88 |
| Total Income | 127.58 | 213.79 | 94.93 | 37.08 |
| Profit After Tax | 38.68 | 58.13 | 22.81 | 3.39 |
| NET Worth | 390.10 | 108.60 | 48.85 | 27.66 |
| Total Borrowing | 74.71 | 28.86 | 22.26 | 17.12 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Unimech Aerospace & Manufacturing RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Unimech Aerospace & Manufacturing IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹12.19 | ₹15.21 |
| P/E Ratio (x) | 64.37 | 51.61 |
| Market Cap at Offer Price (₹ Cr) | ₹2,490.88 | ₹1,996.31 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹785 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹230.92 Cr of the issue is earmarked to named objects.
About the company
It serves aerospace, defence, energy and semiconductor industries, with build to print capabilities, where it makes products to client designs, and build to specifications capabilities, where it helps design products.
It supplies high precision and critical components to major OEMs and their licensees worldwide. Its promoters are Anil Kumar P, Ramakrishna Kamojhala, Mani P, Rajanikanth Balaraman and Preetham S V.
The IPO was Rs 500 crore, with Rs 250.00 crore of fresh issue and Rs 250.00 crore of offer for sale by promoters and a promoter group member. Fresh money was planned for machinery, working capital and repaying borrowings.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Unimech Aerospace & Manufacturing IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Equirus Capital Pvt.Ltd.
34 issues handledBest listing: G R Infraprojects (+105.0%). Weakest: Metro Brands (-12.6%).
Anand Rathi Advisors Ltd
7 issues handledBest listing: Paras Defence & Space Technologies (+168.0%). Weakest: Suraj Estate Developers (-5.6%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Unimech Aerospace & Manufacturing?
The current Grey Market Premium is ₹620, or 79% over the issue price.
What is the Unimech Aerospace & Manufacturing IPO price band?
₹745 to ₹785, on a face value of ₹5.
When is the allotment?
The basis of allotment is 27 December 2024, with listing on 31 December 2024.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
