₹ 14915 / 19 shares
IPO Details
RHP/DRHPIssue Date
23 Dec - 26 Dec'24
Investment/lot
₹ 14915
Price Range
745 - 785
Lot Size
19
IPO Size
₹ 500 Cr
IPO Timeline
About Unimech Aerospace and Manufacturing IPO
Unimech Aerospace IPO is a book built issue of ₹500 crores. The issue is a combination of fresh issue of 0.32 crore shares aggregating to ₹250 crores and offer for sale of 0.32 crore shares aggregating to ₹250 crores. The allotment for the Unimech Aerospace IPO will be finalised on Friday, December 27, 2024. Unimech Aerospace IPO will list on December 31, 2024.
Objective of Unimech Aerospace and Manufacturing IPO
- Capital expenditure for capacity expansion through new machinery.
- Funding working capital requirements.
- Invest in the material subsidiary for purchase of machinery
- Repayment of certain borrowings.
- General corporate purposes.
Unimech Aerospace and Manufacturing IPO Valuation
| Detail | Information |
|---|---|
Upper Price Band (₹) | ₹785 |
Existing Shares to be Sold | 31,84,712 equity shares of ₹5 each (Offer for Sale) |
Fresh Issue | 31,84,712 shares (aggregating up to ₹250 crore) |
EPS (₹) | 13.23 (FY24) |
Unimech Aerospace and Manufacturing 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 | 1,273 | ₹9,99,305 |
Unimech Aerospace and Manufacturing IPO Share offer and Subscription Details
| 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 |
Industry Outlook
The global aerospace tooling market is projected to surpass USD 48 billion by 2024, driven by advancements in precision engineering and rising demand for maintenance, repair, and overhaul (MRO) services.
Unimech Aerospace IPO Review | Issue Details | Watch Before Applying | Key Highlights
Kotak Securities
•2m 50s
Company Information
Unimech Aerospace and Manufacturing Limited is an engineering solutions provider specialising in manufacturing and supplying high-precision components and assemblies for aerospace, defence, and energy sectors. Established in 2016, the company leverages advanced manufacturing techniques to meet global standards.
Unimech Aerospace and Manufacturing IPO Strengths
Diverse Product Portfolio:
Expertise in aero-tooling, GSTE, and precision components.
Strong Export Market:
Over 90% of revenues derived from exports to leading OEMs.
Advanced Manufacturing:
Utilises cutting-edge technology for superior quality.
Established Player:
Seasoned manufacturer in a sector with high entry barriers
Risks of Unimech Aerospace and Manufacturing Limited IPO
Customer Concentration: Revenue heavily reliant on top five clients. Working Capital Intensity: Long gestation cycles affecting cash flows. Supply Chain Disruption: Dependency on critical raw material imports. Dependency on Geographies: Adverse development in any of the markets will affect the business
All Financial Information about Unimech Aerospace and Manufacturing
Particulars (in Rs. million)
Particulars (in Rs. million)
Comparison with peers
| Name of the company | Total Revenue | Face Value per equity share | P/E as on Sept 30, 2024 | EPS | RoNW | NAV | EBITDA |
|---|---|---|---|---|---|---|---|
Unimech Aerospace and Manufacturing Limited | ₹120.656 | 5 | NA | 8.49 | 9.92% | 85.65 | 488.28 |
MTAR Technologies Limited | 3,18.452 | 10 | 237.09 | 7.54 | 3.32% | 22.42 | 534.30 |
Azad Engineering Limited | 209.944 | 2 | 273.74 | 6.45 | 5.57% | 115.50 | 729.00 |
Paras Defence and Space Technologies | 170.660 | 10 | 147.98 | 7.36 | 5.71% | 120.45 | 468.70 |
Anchor Investor Information
The anchor investor bid date is December 20, 2024.
IPO Registrar and Book Running Lead Managers
Book Running Lead Managers: Anand Rathi Advisors Limited. Equirus Capital Private Limited.
Registrar for the IPO: KFin Technologies Limited.
Business Model
- Aerospace and Defence: Supplies aero-tooling and ground support equipment.
- Energy Sector: Delivers precision components for renewable energy applications.
- Semiconductors: Provides high-tolerance tools for manufacturing.
Company Growth Trajectory
Unimech achieved a revenue growth of 121.71% in FY24 compared to FY23. The Profit After Tax (PAT) grew by 174% during the same period, demonstrating significant operational efficiency and market expansion.
Company Market Position
Unimech Aerospace is a recognised player in the precision engineering domain, catering to leading Original Equipment Manufacturers (OEMs) globally. With robust export capabilities, it holds a strategic position in the high-growth aerospace and defence sectors.
Unimech Aerospace and Manufacturing Ltd Company Profit & Loss
| Parameter | FY22 | FY23 | FY24 |
|---|---|---|---|
Total Income (₹ million) | 370.81 | 949.78 | 2,137.86 |
Profit Before Tax (₹ million) | 37.18 | 293.65 | 765.00 |
Net Profit (₹ million) | 33.92 | 228.13 | 581.34 |
EBITDA (₹ million) | 77.25 | 345.63 | 791.86 |
EPS (₹) | 0.77 | 5.19 | 13.23 |
Unimech Aerospace and Manufacturing Ltd Cash Flow Statement:
| Parameter | FY22 | FY23 | FY24 |
|---|---|---|---|
Profit before tax (₹ million) | 33.93 | 211.87 | 580.47 |
Net Cash from Operating Activities (₹ million) | 15.28 | 13.54 | 236.33 |
Net Cash from Investing Activities (₹ million) | 8.15 | -59.19 | -239.22 |
Net Cash from Financing Activities (₹ million) | -1.68 | 29.36 | 55.8 |
Cash and Cash Equivalents (₹ million) | 34.49 | 18.75 | 71.78 |
How To Check Allotment Status of UNIMECH AEROSPACE AND MANUFACTURING LIMITED IPO?
You can check the allotment status of shares either on the website of the Bombay Stock Exchange (BSE) or on the website of the registrar — Kfin Technologies Limited. To check the status on the BSE website:
- Visit the BSE website
- Click on “Investor Services” and choose “Application Status Check”
- Choose the issue type — Equity or Debt (Equity in this case)
- Select the Issue Name from the drop-down. The issue name is the company’s name, which is Unimech Aerospace and Manufacturing Ltd
- Enter your application number or PAN number
- Check the box which says “I’m not a Robot” and click on “Search” to know the allotment status
Follow these steps to know the allotment status on the registrar’s website:
- Visit the Kfin Technologies website
- Choose “Public Issues” from the “Investor Services” drop-down
- Select Unimech Aerospace and Manufacturing Ltd from the drop-down
- Enter your PAN number or Application number
- Click on “Submit” to know the allotment status
Unimech Aerospace and Manufacturing Ltd IPO FAQs
What is the minimum lot size required for Unimech Aerospace and Manufacturing Ltd IPO?
The minimum lot size is 19 shares and the investment required is ₹14915.
What is the price band of the Unimech Aerospace and Manufacturing Ltd IPO?
The price band of Unimech Aerospace and Manufacturing Ltd IPO is ₹745 to ₹785.
Where can I read more about Unimech Aerospace and Manufacturing Ltd business?
You can read more about Unimech Aerospace and Manufacturing Ltd and its IPO from the company’s red herring prospectus (RHP) here.
What is the Unimech Aerospace and Manufacturing Limited IPO?
The Unimech Aerospace and Manufacturing Limited IPO has an issue size of ₹500 crores. The IPO opens for subscription on 23/12/2024 and closes on 26/12/2024.
Who is the Registrar for Unimech Aerospace and Advisors Limited IPO?
Kfin technologies is the registrar for this IPO.
