Unimech Aerospace and Manufacturing Limited
Dec 23, 2024 - Dec 26, 2024
Unimech Aerospace and Manufacturing Limited IPO Details
Mainline
Status
listed
Issue Price
₹745.00 - ₹785.00
Lot Size
19 Shares
Subscription
184.34 times
Listing Price
₹1460 (85.99%)
Face Value
₹5 Per share
Issue Size
Approx ₹500 Cr
Fresh Issue
Approx ₹250 Cr
Total Shares Offered
Approx ₹250 Cr
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Kfin Technologies Limited
NSE Code
UNIMECH
BSE Code
544322
IPO Tentative Timetable
Open Date
Mon Dec 23 2024
Close Date
Thu Dec 26 2024
Allotment Date
Fri Dec 27 2024
Refunds Initiation
Mon Dec 30 2024
Demat Transfer
Mon Dec 30 2024
Listing Date
Tue Dec 31 2024
Valuation
Earning Per Share (EPS)
₹13.23
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
53.53%
Net Asset Value (NAV)
₹24.71
Promoters
Pre issue Share Holding
91.83%
Post issue Share Holding
-
Company Promoters
- Anil Kumar P
- Ramakrishna Kamojhala
- Mani P
- Rajanikanth Balaraman
- Preetham SV
Lead Managers
Anand Rathi Securities Limited
Equirus Capital Private Limited
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | EMP | Total |
|---|---|---|---|---|---|---|---|
| Dec 23, 2024 | 2.62 | 4.26 | 2.57 | 7.66 | 4.75 | 6.89 | 4.05 |
| Dec 24, 2024 | 4.89 | 12.73 | 8.58 | 21.03 | 10.89 | 16.47 | 9.6 |
| Dec 26, 2024 | 334.68 | 277.55 | 302.3 | 228.05 | 59.19 | 100.95 | 184.34 |
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 |
| B-HNI (Min) | 68 | 1,292 | ₹10,14,220 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 19,05,094 (29.91%) | NA |
| QIB Shares Offered | 12,70,065 (19.94%) | NA |
| NII (HNI) Shares Offered | 9,52,548 (14.96%) | - |
| bNII > ₹10L | 6,35,032 (9.97%) | 2,387 |
| sNII < ₹10L | 3,17,516 (4.99%) | 1,193 |
| Retail Shares Offered | 22,22,611 (34.89%) | 1,16,979 |
| Employee Shares Offered | 19,108 (0.3%) | NA |
| Total Shares Offered | 63,69,426 (100%) | - |
Company Financial
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 509.27 | 175.63 | 93.34 | 56.88 |
| Revenue | 127.58 | 213.79 | 94.93 | 37.08 |
| Profit After Tax | 38.68 | 58.13 | 22.81 | 3.39 |
| Net Worth | 390.1 | 108.6 | 48.85 | 27.66 |
| Reserves and Surplus | 113.71 | 86.59 | 47.8 | 26.62 |
| Total Borrowing | 74.71 | 28.86 | 22.26 | 17.12 |
About Company
Unitech Aerospace and Manufacturing Limited, established in 2016, specializes in manufacturing complex tools and components for aero engines and airframes. The company provides engineering solutions and creates products based on customer designs ("build to print") or specific requirements ("build to specifications"). Their services include machining, fabrication, assembly, testing, and developing new products for industries such as aerospace, defense, energy, and semiconductors.
Between 2022 and 2024, the company manufactured 2,356 SKUs in the tooling and precision complex sub-assemblies category and 624 SKUs in the precision machined parts category. They supplied these products to over 26 customers across 7 countries.
The company operates two manufacturing facilities in Bangalore, covering a total area of more than 120,000 square feet. Unit I, located in Peenya, spans 30,000 square feet, while Unit II, situated near Bangalore International Airport in a Special Economic Zone, covers 90,000 square feet. Both facilities are ISO-certified. As of March 31, 2024, the company had 384 employees.
The products manufactured include aero engine tooling such as engine lifting and balancing beams, oil tube alignment fixtures, and radial centering supports. For airframe tooling, the company produces items like lateral spar assemblies, drill jigs, and airframe assembly platforms. Precision parts include components for missiles, while precision sub-systems include products like the rocker arm - HMC CDA.
The company’s competitive strengths include advanced manufacturing capabilities for high-precision engineering solutions, robust digital infrastructure for seamless operations, and an established presence in a sector with high entry barriers. It has a strong focus on exports and a reliable global delivery network. Unitech benefits from a robust vendor ecosystem and efficient sub-contractor management, along with an experienced management team known for effective implementation and operational excellence.
Between 2022 and 2024, the company manufactured 2,356 SKUs in the tooling and precision complex sub-assemblies category and 624 SKUs in the precision machined parts category. They supplied these products to over 26 customers across 7 countries.
The company operates two manufacturing facilities in Bangalore, covering a total area of more than 120,000 square feet. Unit I, located in Peenya, spans 30,000 square feet, while Unit II, situated near Bangalore International Airport in a Special Economic Zone, covers 90,000 square feet. Both facilities are ISO-certified. As of March 31, 2024, the company had 384 employees.
The products manufactured include aero engine tooling such as engine lifting and balancing beams, oil tube alignment fixtures, and radial centering supports. For airframe tooling, the company produces items like lateral spar assemblies, drill jigs, and airframe assembly platforms. Precision parts include components for missiles, while precision sub-systems include products like the rocker arm - HMC CDA.
The company’s competitive strengths include advanced manufacturing capabilities for high-precision engineering solutions, robust digital infrastructure for seamless operations, and an established presence in a sector with high entry barriers. It has a strong focus on exports and a reliable global delivery network. Unitech benefits from a robust vendor ecosystem and efficient sub-contractor management, along with an experienced management team known for effective implementation and operational excellence.
Company Contact
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/
Registrar Contact
Phone: 04067162222, 04079611000
Email: uaml.ipo@kfintech.com