About Unimech Aerospace and Manufacturing:
The company is an engineering solutions provider specializing in the manufacturing and supply of critical parts, including aero tooling, ground support equipment, electro-mechanical sub-assemblies, and other precision-engineered components for the aerospace, defense, energy, and semiconductor industries. It possesses “build to print” capabilities, where products are manufactured based on client designs, and “build to specifications” capabilities, where the company assists clients in designing products to be manufactured according to specifications. The company supplies high-precision and critical components to major OEMs and their licensees worldwide. With an export-oriented business model, it boasts a diverse product portfolio and a strong focus on quality and timely delivery.
About the Industry in which Unimech Aerospace and Manufacturing operates:
Global air travel spending amounted to USD 876 billion in 2019 and is expected to exceed the USD 1 trillion mark in 2024. As the aviation industry continues to grow, driven by rising air travel demand and fleet modernization efforts, the aircraft MRO (Maintenance, Repair, and Overhaul) market also experiences significant growth and evolution. MRO services cover a broad range of activities, including scheduled maintenance checks, unscheduled repairs, component replacement, and overhaul services. The aerospace and defense industries depend heavily on precision tooling to manufacture high-performance components, such as machining components, tooling materials and coatings, and assembly and fastening. Ground Support Tooling Equipment (GSTE) is used in the manufacturing and maintenance of aircraft. The touchpoints of GSTE providers span three phases in both engine and aircraft manufacturing and maintenance. The company is well-positioned in both the aerospace and defense GSTE and precision component manufacturing sectors in India, serving global OEMs and their approved licensees.
| Important Information and Timelines of the IPO of Unimech Aerospace and Manufacturing: | |
|---|---|
| Open Date | 23 December 2024 |
| Close Date | 26 December 2024 |
| Total Issue Size – Number of Shares | 6369424 |
| Minimum Bid Price | 745 |
| Maximum Bid Price | 785 |
| Lot Size | 19 |
| Basis of Allotment | 26 December 2024 |
| Initiation of Refunds and Credit of Shares to Demat | 30 December 2024 |
| Listing Date | 31 December 2024 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Unimech Aerospace and Manufacturing:
| Category | Lots | Shares | Amount (in â‚ą) |
|---|---|---|---|
| Retail – Minimum | 1 | 19 | 14915 |
| Retail – Maximum | 13 | 247 | 193895 |
| sHNI – Minimum | 14 | 266 | 208810 |
| sHNI – Maximum | 67 | 1273 | 999305 |
| bHNI – Minimum | 68 | 1292 | 1014220 |
Objective of the IPO of Unimech Aerospace and Manufacturing:
The company plans to utilize the funds for the following purposes
-
Funding capital expenditure for expansion through the purchase of machinery and equipment.
-
Funding working capital requirements of the company.
Investment in the material subsidiary, which will be used for:
a. Funding capital expenditure for expansion through the purchase of machinery and equipment.
b. Supporting its working capital requirements.
c. Repayment or prepayment, in full or in part, of certain borrowings.
- General corporate purposes
Financials of Unimech Aerospace and Manufacturing:
| Particulars | Six-months period ended September 30, 2024 | As of and for the Financial Year ended March 31, 2024 | As of and for the Financial Year ended March 31, 2023 | As of and for the Financial Year ended March 31, 2022 |
|---|---|---|---|---|
| Equity Share Capital | 238.36 | 220.03 | 10.42 | 10.42 |
| Net Worth | 3,900.98 | 1,085.95 | 488.45 | 276.58 |
| Revenue from Operations | 1,206.56 | 2,087.75 | 941.66 | 363.49 |
| Restated Profit / (Loss) for the Year/Period | 386.80 | 580.47 | 211.87 | 33.93 |
| Earnings per Equity Share of Face Value of â‚ą 5 Each | ||||
| - Basic | 8.49* | 13.23 | 5.19 | 0.77 |
| - Diluted | 8.49* | 13.23 | 5.19 | 0.77 |
| Net Asset Value per Equity Share (Basic) | 85.65 | 24.71 | 11.11 | 6.29 |
| Net Asset Value per Equity Share (Diluted) | 85.65 | 24.71 | 11.11 | 6.29 |
| Total Borrowings | 747.14 | 288.56 | 222.59 | 171.16 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Unimech Aerospace and Manufacturing. You will receive a UPI mandate after 10:00 AM on 23 December 2024.
###1. How to apply for the IPO of Unimech Aerospace and Manufacturing on Dhan?
You can apply for the IPO of Unimech Aerospace and Manufacturing from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Unimech Aerospace and Manufacturing be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 30 December 2024. However, you will be able to see the shares of Unimech Aerospace and Manufacturing on Dhan before the market starts on the listing date which is 31 December 2024.