The Unimech Aerospace IPO is scheduled to open on December 23, 2024, and will close on December 26, 2024. Here are the key details:
- Price Band: ₹745 to ₹785 per equity share
- IPO Size: ₹500 crore, comprising ₹250 crore from a fresh issue and ₹250 crore from an Offer for Sale (OFS)
- Lot Size: 19 shares per lot
- Grey Market Premium (GMP): ₹406, indicating strong market interest
- Allotment Date: Expected on December 27, 2024
- Listing Date: Expected on December 31, 2024, on the BSE and NSE
- Lead Managers: Anand Rathi Securities and Equirus Capital
- Registrar: KFin Technologies Limited
- Company Overview: Unimech Aerospace specializes in the production of complex tools for aero-engine and airframe manufacturing. In FY24, the company’s revenue grew by 125% YoY, and profit after tax (PAT) increased by 155%.
This IPO offers a promising investment opportunity, with a solid financial track record and strong grey market interest.
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