UNIMECH AEROSPACE AND MANUFACTURING LIMITED

Price Band

₹ 745 - ₹ 785

Bid Lot

19 Shares

UNIMECH AEROSPACE AND MANUFACTURING LIMITED

23-Dec-2024 - 26-Dec-2024

Price Band

₹ 745 - ₹ 785

Minimum Investment

₹ 14915.00

Bid Lot

19 Shares

Shares

6,369,427

  • Face Value -  Rs. 5/- Per Share
  • Lisitng at  NSE BSE
  • 116,979 Application Required in Retail for 1 Time.
  • Registrar :  KFin Technologies Limited

IPO Details

Fresh issue of equity shares aggregating upto Rs.250 Cr and Offer for Sale of Equity Shares aggregating upto Rs.250 Cr

QIB
50%

(3,175,158 Shares)RS.249.25 CR

HNI 1
5%

(317,516 Shares)RS.24.93 CR @ 1194 FORM 1X

HNI 2
10%

(935,032 Shares)RS.49.85 CR @ 2387 FORM 1X

Retail
35%

(2,222,612 Shares)RS.174.48 CR @ 116980 FORM1X

Employee
0%

(19,108 Shares)RS.1.50 CR

BRLMs: Anand Rathi Advisors, Equirus Capital

Timeline

  • 23

    Dec-2024

    Open Date

  • 26

    Dec-2024

    Close Date

  • 27

    Dec-2024

    Basis of Allotment Date

  • 30

    Dec-2024

    Initiation of Refunds

  • 30

    Dec-2024

    Credit of Shares to Demat A/C

  • 31

    Dec-2024

    IPO Listing Date

Subscription as on 26-Dec-2024 16:31

Category

Book Size

Subscription

QIB

334.68x
1,270,064

(₹99.70 Cr.)

425,068,114

(₹33367.85 Cr.)

HNI (<10 LAKH)

225.93x
317,516

(₹24.93 Cr.)

71,736,153

(₹5631.29 Cr.)

HNI2 (>10 LAKH)

205.31x
935,032

(₹73.40 Cr.)

191,968,609

(₹15069.54 Cr.)

RETAIL

57.67x
2,222,612

(₹174.48 Cr.)

128,171,815

(₹10061.49 Cr.)

EMP

98.70x
19,108

(₹1.50 Cr.)

1,885,997

(₹148.05 Cr.)

Total

171.87x
4,764,332
818,830,688

Category

Book Size

Subscription

QIB

334.68x
1,270,064

(₹99.70 Cr.)

425,068,114

(₹33367.85 Cr.)

HNI (<10 LAKH)

225.93x
317,516

(₹24.93 Cr.)

71,736,153

(₹5631.29 Cr.)

HNI2 (>10 LAKH)

205.31x
935,032

(₹73.40 Cr.)

191,968,609

(₹15069.54 Cr.)

RETAIL

57.67x
2,222,612

(₹174.48 Cr.)

128,171,815

(₹10061.49 Cr.)

EMP

98.70x
19,108

(₹1.50 Cr.)

1,885,997

(₹148.05 Cr.)

Total

171.87x
4,764,332
818,830,688

*Excluding Anchor

Total No. of Application Approx : ~7459896 (63.77 Appwise)

HNI Cost

About Company

  • Unimech Aerospace and Manufacturing Ltd (“Unimech”) was incorporated on August 12, 2016. Unimech is a global high precision and engineering solutions company with capabilities to manufacture under 2 models: (i) build to print and (ii) build to specifications, for their customers. They have established themselves as an approved supplier for various industry leaders in aerospace, defence, semi-conductor and energy sectors.

  • They have developed and have a potential to further evolve their facilities to cater to all the specific and changing needs and requirements of the customers with respect to the products they make and for the industry they supply products to, allowing them to provide customized and tailored solutions.

  • They are a leading exporter of aerospace components, with exports significantly contributing to the overall revenue. The company has a global delivery service model for supplying products to their customers, which includes logistical support and direct export to various companies including USA and Europe.

  • They are a key link in the global supply chain for global aerospace, defence, semi-conductor and energy OEMs and their licensees for the supply of critical parts like aero tooling, ground support equipment, electro-mechanical sub-assemblies and other precision engineered components.

  • They have established a sub-contractor ecosystem with vendors who undertake aspects of their manufacturing process with limited complexity, enabling them to concentrate on critical aspects of the manufacturing process. They are led by a qualified and experienced management team who are supported by a motivated and hard-working team of engineers and other members.

  • Between Fiscals 2022, and 6-months period ended September 30, 2024, they have manufactured 2,999 SKUs in tooling and precision complex sub-assemblies’ category and 760 SKUs in the precision machined parts category, supplying to more than 26 customers across 7 countries.

  • Unimech is the fastest growing companies, having recorded the highest revenue growth with a CAGR of 139.7% between FY 2022 – 2024, and has achieved one of the highest EBITDA and PAT margins in FY 24. They have recorded the highest ROCE and ROE in FY 2024 amongst the peers.

Strengths

Competitive Strength

  • Advanced manufacturing capabilities capable of delivering high precision engineering solutions;

  • Digital-first manufacturing company with a robust infrastructure facilitating seamless integration of operations;

  • Established player with unique capabilities in a sector with high barriers to entry;

  • Export driven player with a global delivery service model;

  • Robust vendor ecosystem and strong sub-contractor management with proven execution capabilities;

  • Experienced and complementary management team with strong implementation skills and operational effectiveness;

  • Track record of strong financial performance.

Business Strategies

  • Market Development: Enhancing the global footprint in strategic regions, thereby enriching the customer experience for the existing clientele and expanding the reach to new markets; 

  • Market Penetration: Capturing a higher market share and increase in wallet shares from customers; 

  • Capacity Expansion Strategies: Increasing manufacturing capacity and collaborative manufacturing with global and local manufacturers for growth;

  • Diversification: Focus on growth by opportunistic inorganic acquisitions and partnerships with customers; 

  • Product Development: Manufacturing of products including semiconductor manufacturing equipment, medical devices, robotics and other industries which require high-mix, low-volume.

Company Promoters

Company Financials

Unimech Aerospace and Manufacturing Limited's revenue increased by 125% and profit after tax (PAT) rose by 155% between the financial year ending with March 31, 2024 and March 31, 2023.

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
Amount in ? Crore

Objects of the Issue

The Company intends to utilise the Net Proceeds from the Fresh Issue towards funding the following objects: 1.

  1. Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company
  2. Funding working capital requirements of the Company
  3. Investment in the Material Subsidiary for: (i) purchase of machineries and equipment; (ii) funding its working capital requirements; and (iii) repayment / prepayment, in full or part, of certain borrowings availed by their Material Subsidiary
  4. General corporate purposes.

How to Apply

Apply for IPO in few simple steps.

  • Step 1

    Once you create your account, Login to Easy Investing.

  • Step 2

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 3

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 4

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 5

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on Easy Investing’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

FAQs

Frequently Ask Question