Unimech Aerospace IPO: A Golden Opportunity to Invest in the Thriving Aerospace Sector

The highly anticipated Unimech Aerospace and Manufacturing Limited IPO is set to debut in the Indian primary market on December 23, 2024

Unimech Aerospace IPO: A Deep Dive into Key Aspects and Financials

The much-awaited Unimech Aerospace and Manufacturing Limited IPO is poised to grace the Indian primary market on December 23, 2024, presenting a golden opportunity for investors. The bidding window will commence at 10:00 AM on Monday and conclude at 5:00 PM on December 26, 2024.

Unimech Aerospace, renowned for its proficiency in manufacturing intricate tools for aero-engine and airframe production, aims to garner ₹500 crore through this IPO, which will comprise fresh equity shares and an Offer for Sale (OFS).

With shares already commanding a ₹406 premium in the grey market, this IPO has evidently piqued the interest of investors. To help you make an informed decision, here's a comprehensive overview of the key aspects of the Unimech Aerospace IPO:

Unimech Aerospace IPO DetailsFresh Issue: The IPO will consist of fresh equity shares aggregating up to ₹250 crore.

Offer for Sale (OFS): Existing shareholders and promoters will offer shares for sale, aggregating up to ₹250 crore.

Price Band: The price band for the IPO has been set at ₹375 – ₹380 per share.

Minimum Bid: Investors can apply for a minimum of 38 shares, and thereafter in multiples of 38 shares.

Unimech Aerospace: A Look at the FinancialsUnimech Aerospace's financial performance over the past three years highlights its growth trajectory:

(₹ in crore)

FinancialsMarch 31, 2024March 31, 2023March 31, 2022Revenue from Operations1,027.041,104.34823.03Total Expenses867.96927.62703.35Net Profit before Tax159.08176.72119.68Exceptional Items0.040.03Net Profit after Tax159.04176.75119.68Why Invest in Unimech Aerospace IPO?Operating in a high-growth industry, Unimech Aerospace is a key supplier of critical tools for aero-engine and airframe production. Its strong financial performance, coupled with the robust market demand reflected in the grey market premium, makes it an attractive investment opportunity.

This IPO offers investors a chance to tap into the thriving aerospace sector, which is bolstered by cutting-edge technology and growing demand for advanced manufacturing solutions. Mark your calendars for December 23 and seize this promising opportunity!