Unitech Aerospace and Manufacturing Limited is engaging in the manufacturing of complex tools like mechanical assemblies, electro-mechanical systems, and components for aeroengine and airframe production.
The company is an engineering solutions provider specializing in the manufacturing of complex products with “build to print” and “build to specifications” offerings. This involves machining, fabrication, assembly, testing, and creating new products based on the specific requirements of clients in the aerospace, defense, energy, and semiconductor industries.
Between Year 2022 and Year 2024, They have manufactured 2,356 SKUs in tooling and precision complex sub-assemblies category and 624 SKUs in the precision machined parts category, supplying to more than 26 customers across 7 countries.
As of March 31, 2024, the company operates two manufacturing facilities in Bangalore, covering a total area of over 1,20,000 sq ft. Unit I, located in Peenya, spans over 30,000 sq ft, while Unit II, situated in a Special Economic Zone near Bangalore International Airport, covers over 90,000 sq ft. These facilities are registered with ISO.
As of March 31, 2024, The Company had 384 employees.
Unimech Aerospace IPO – Details
| IPO Opening Date | 23 December 2024 |
| IPO Closing Date | 26 December 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 63,69,424 Shares Worth ₹500.00 Crore Fresh Issue: 31,84,712 Shares Worth ₹250.00 Crore Offer For Sale: 31,84,712 Shares Worth ₹250.00 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | ₹745 – ₹785 per share |
| Market Lot | 19 Shares |
| Min Order | 19 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Unimech Aerospace IPO – Date Schedule
| IPO Open Date | 23 November 2024 |
| IPO Close Date | 26 December 2024 |
| Basis of Allotment | 27 December 2024 |
| Initiation of Refund | 30 December 2024 |
| Credit of Shares to Demat Account | 30 December 2024 |
| IPO Listing Date | 31 December 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 26, 2024 |
Unimech Aerospace IPO – Lots Size & Price
| 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 |
Competitive Strengths
- 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.
Company Promoters
- Anil Kumar P
- Ramakrishna Kamojhala
- Mani P
- Rajanikanth Balaraman
- Preetham SV
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 37.08 | 33.36 | 3.39 | 17.12 |
| 31 March 2023 | 94.93 | 65.56 | 22.81 | 22.26 |
| 31 March 2024 | 213.78 | 137.28 | 58.13 | 28.86 |
| 30 September 2024 | 127.57 | 77.76 | 38.68 | 74.71 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 53.53% |
| ROCE | 54.36% |
| Debt/Equity | 0.32 |
| RoNW | 53.53% |
| PAT Margin | 27.85 |
| Price to Book Value | 31.77 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 12.19 | 15.21 |
| P/E (x) | 64.37 | 51.61 |
Object Of The Issue
- Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company.
- Funding working capital requirements of the Company.
- Investment in the Material Subsidiary for:
- Purchase of machineries and equipment;
- Funding its working capital requirements; and
- Repayment/prepayment, in full or part, of certain borrowings availed by their Material Subsidiary.
- General corporate purposes.
Unimech Aerospace IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 10 | MTAR Technologies Limited | 237.09 |
| 2 | 2 | Azad Engineering Limited | 273.47 |
| 3 | 10 | Paras Defence & Space Technologies Limited | 147.98 |
| 4 | 10 | Dynamatic Technoologies Limited | 230.12 |
| 5 | 2 | Data Patterns (India) Limited | 223.67 |
Unimech Aerospace IPO Promoter Holding
| Pre Issue Share Holding | 91.83% |
| Post Issue Share Holding | 79.82% |
Unimech Aerospace IPO Prospectus
Company Contact Information
| Unimech Aerospace and Manufacturing Limited 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/ |
Unimech Aerospace IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: uaml.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Unimech Aerospace IPO Lead Manager(s)
| 1. Anand Rathi Advisors Limited 2. Equirus Capital Private Limited |
Unimech Aerospace IPO FAQs
| What is Unimech Aerospace IPO? Unimech Aerospace IPO is a main-board IPO. The issue is priced at ₹745 to ₹785 per equity share. The IPO is to be listed on BSE & NSE. |
| When Unimech Aerospace IPO will open? The IPO is to open on 23 December 2024 for QIB, NII, and Retail Investors. |
| What is Unimech Aerospace IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Unimech Aerospace IPO? You can apply Unimech Aerospace IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Unimech Aerospace IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Unimech Aerospace IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Unimech Aerospace IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Unimech Aerospace IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Unimech Aerospace IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Unimech Aerospace IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Unimech Aerospace IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Unimech Aerospace IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Unimech Aerospace IPO Size? Unimech Aerospace IPO size is ₹500.00 Crore. |
| What is the Unimech Aerospace IPO Price Band? Unimech Aerospace IPO Price Band is ₹745 to ₹785. |
| What is Unimech Aerospace IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 19 Shares with ₹14,915 amount while the maximum bid is 247 Shares with ₹1,93,895. |
| What is the Unimech Aerospace IPO Allotment Date? Unimech Aerospace IPO allotment date is 27 December 2024. |
| What is the Unimech Aerospace IPO Listing Date? Unimech Aerospace IPO listing date is 31 December 2024. The IPO is to be listed on BSE and NSE. |
