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UA

Unimech Aerospace IPO

Listed MAINBOARD BSE, NSE · Aerospace & Defense

Price Band

₹745.0–785.0

Issue Size

₹500.0 Cr

Lot Size

19 shares

Min Investment

₹14,915

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹625.0 (79.62%)

Issue Price

₹785.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹9000

Paid only if allotted

Unimech Aerospace IPO AI Summary

  • Unimech Aerospace IPO is listed on BSE, NSE in the Aerospace & Defense sector.
  • Price band: ₹745.0–₹785.0 per share, lot size 19 shares (min. investment ₹14,915).
  • Subscription window: 23 Dec–26 Dec 2024, listing on 31 Dec 2024.
  • Current GMP is +₹625.0 (79.62%), an estimated listing price of ₹1410 — unofficial and can change daily.

Unimech Aerospace is set to list on December 31, 2024, with a strong focus on the aerospace and defense sectors. The company has shown significant growth in total income and profit over recent fiscal years, although the latest figures are from a 9-month period. Investors should consider the company's strengths and the inherent risks of the sector before participating in the IPO.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Unimech Aerospace IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 26 Dec 2024 — not a current signal.

19 of 21 reviewers say Positive

May Apply 25 Jul
Subscribe 25 Jul
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Neutral 25 Jul
Subscribe 25 Jul
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Subscribe 25 Jul
Subscribe 25 Jul
Neutral 25 Jul
Subscribe 25 Jul
Subscribe 25 Jul
Subscribe 25 Jul
Subscribe 25 Jul
May Apply 25 Jul
Subscribe 25 Jul
Subscribe 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Mon, 23 Dec 2024
IPO Close Date
Thu, 26 Dec 2024
Allotment Date
Fri, 27 Dec 2024
Refund Initiation
Mon, 30 Dec 2024
Credit of Shares
Mon, 30 Dec 2024
Listing Date
Tue, 31 Dec 2024
Listing Price
₹1410.0 +79.62%

Subscription Status

Subscription data unavailable

Unimech Aerospace IPO Grey Market Premium (GMP) Today

GMP

+₹625.0

GMP %

+79.62%

Est. Listing

₹1410.0

Updated: 25 Jul 2026 14:02

About the Company

Incorporated in 2016, 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. Products: Aero Engine tooling: Engine lifting and balancing beams,Oil Tubes Alignment Fixture, Radial Centering Support etc. Airframe tooling: Lateral Spar Assembly, Drill Jig, Airframe Assembly Platforms Precision Parts: Missile Component, Missile Component Precision Sub System: Rocker Arm - HMC CDA Competitive Strenghths: 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 Financials (₹ Cr)

As of 2024-09-30

Period Ended 30 Sep 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 509.27 175.63 93.34 56.88
Total Income 127.58 213.79 94.93 37.08
Profit After Tax 38.68 58.13 22.81 3.39
NET Worth 390.10 108.60 48.85 27.66
Reserves and Surplus 113.71 86.59 47.80 26.62
Total Borrowing 74.71 28.86 22.26 17.12

Key Ratios

EPS

₹12.19

NAV

₹24.71

ROE

53.53%

ROCE

54.36%

RoNW

53.53%

P/B Value

31.77

P/E Ratio

64.37

Market Cap

₹3992.27 Cr

PAT Margin

27.85%

Debt/Equity

0.32

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Data Patterns (India) Limited 241.07 4.67% 89.98 223.67 223.67
Dynamatic Technologies Ltd. 1038.98 3.32% 37.34 230.12 230.12
Paras Defence and Space Technologies Limited 120.45 5.71% 146.89 147.98 147.98
Azad Engineering Limited 115.5 5.57% 145.37 273.47 273.47
MTAR Technologies Limited 227.42 3.32% 237.09 7.54 7.54
Unimech Aerospace and Manufacturing Limited This IPO 85.65 9.92% — 8.49 8.49

Promoters

Anil Kumar P, Ramakrishna Kamojhala, Mani P, Rajanikanth Balaraman and Preetham SV

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company 36.37 2 Funding working capital requirements of the Company 25.29 3 Investment in the Material Subsidiary for: Funding of capital expenditure for expansion through purchase of machineries and equipment 43.89 4 Funding working capital requirements 44.72 5 Repayment / prepayment, in full or part, certain borrowings 40.00 6 General corporate purposes 40.65

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹37.08 Cr in the year ending March 31, 2022, rising to ₹94.93 Cr by March 31, 2023, and further increasing to ₹213.79 Cr by March 31, 2024. However, the most recent figure of ₹127.58 Cr as of September 30, 2024, is not directly comparable since it represents a 9-month period.

Profit Trend

Profit after tax was ₹3.39 Cr in the year ending March 31, 2022, increasing to ₹22.81 Cr by March 31, 2023, and further rising to ₹58.13 Cr by March 31, 2024. The most recent figure of ₹38.68 Cr as of September 30, 2024, is also a 9-month figure and not directly comparable to the full fiscal year numbers.

Valuation

Unimech Aerospace's implied P/E at the issue price of ₹785 is approximately 64.37, compared to peers trading at a P/E range of 37.34 to 237.09.

Grey Market Premium, Explained

The grey market premium (GMP) indicates the expected listing price of an IPO based on unofficial trading in the grey market. A high GMP suggests strong demand for the shares before they officially list.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market position, and financial health.

Who May Want to Wait

Investors who prefer stable returns and are risk-averse may want to avoid this IPO, as the aerospace and defense sector can be subject to significant market fluctuations.

Listing Gains — The Risk

Listing-day gains can be influenced by market sentiment and demand for the shares. However, there is no guarantee that the shares will perform well on the listing day, as market conditions can change rapidly.

This evaluation is generated from Unimech Aerospace's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Unimech Aerospace IPO GMP today?

Unimech Aerospace IPO GMP today is +₹625.0 (79.62%), indicating an estimated listing price of ₹1410. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Unimech Aerospace IPO?

The price band of Unimech Aerospace IPO is ₹745.0–₹785.0 per share.

When does Unimech Aerospace IPO open and close?

Unimech Aerospace IPO opens on 23 December 2024 and closes on 26 December 2024.

When does Unimech Aerospace IPO list on the stock exchange?

Unimech Aerospace IPO listed on 31 December 2024 at ₹1410.0.

What is the lot size for Unimech Aerospace IPO?

The lot size for Unimech Aerospace IPO is 19 shares, requiring a minimum investment of ₹14,915.

What is the lot size for the Unimech Aerospace IPO?

The lot size for the Unimech Aerospace IPO is 19 shares.

What is the minimum investment required?

The minimum investment required is ₹14,915.

What is the price band for the IPO?

The price band for the IPO is ₹745 to ₹785.

When does the IPO open and close?

The IPO opens on December 23, 2024, and closes on December 26, 2024.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the shares based on unofficial trading.

Issue Details

Issue Type MAINBOARD Book Built
Issue Size ₹500.0 Cr
Price Band ₹745.0 – ₹785.0
Issue Price ₹785.0
Lot Size 19 shares
Min Investment ₹14,915
Exchange BSE, NSE
Sector Aerospace & Defense
Open Date 23 Dec 2024
Close Date 26 Dec 2024
Allotment 27 Dec 2024
Listing Date 31 Dec 2024

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Kfin Technologies Ltd.

Lead Managers / Book Running

Anand Rathi Advisors Ltd.
Equirus Capital Ltd.

IPO Timeline

Open

23 Dec 2024

Close

26 Dec 2024

Allotment

27 Dec 2024

Listing

31 Dec 2024

Community Sentiment

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