The highly anticipated Unimech Aerospace IPO is set to open on December 23, 2024, and will close on December 26, 2024. Unimech Aerospace IPO is a Book Built Issue, with the company aiming to raise approximately ₹500 crores through the IPO. This includes a fresh issue of ₹250 crores and an offer for sale of up to [.] equity shares with a face value of ₹5 each.
The price band for the Unimech Aerospace IPO is set at ₹[.] to ₹[.] per share. The allocation for retail investors is 35%, while Qualified Institutional Buyers (QIB) will receive 50% and High Net Worth Individuals (HNI) will receive 15%. Unimech Aerospace IPO is scheduled to list on both the BSE and NSE on December 30, 2024, with the allotment date set for December 27, 2024.
In terms of financial performance, the company reported a significant increase in revenue, reaching ₹213.79 crores in 2024 compared to ₹94.93 crores in 2023. Similarly, the company’s profits saw a substantial rise, reaching ₹58.13 crores in 2024 compared to ₹22.81 crores in 2023. Based on these impressive financials, IPO investors are advised to consider applying for the IPO with a long-term perspective.
Unimech Aerospace IPO Details
| IPO Open Date: | December 23, 2024 |
| IPO Close Date: | December 26, 2024 |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹500 Crores |
| Fresh Issue: | Approx ₹250 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | NA |
Unimech Aerospace IPO Market Lot
The Unimech Aerospace IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Unimech Aerospace IPO Dates
The Unimech Aerospace IPO date is December 23 and the close date is December 26. The Unimech Aerospace IPO allotment will be finalized on December 27 and the IPO listing on December 30.
| IPO Open Date: | December 23, 2024 |
| IPO Close Date: | December 26, 2024 |
| Basis of Allotment: | December, 2024 |
| Refunds: | January, 2024 |
| Credit to Demat Account: | January, 2024 |
| IPO Listing Date: | January, 2024 |
Promoters of Unimech Aerospace IPO
The promoters of the company are Anil Kumar P, Ramakrishna Kamojhala, Mani P, Rajanikanth Balaraman and Preetham SV.
About Unimech Aerospace IPO
Established on August 12, 2016, Unimech Aerospace and Manufacturing stands out as a premier manufacturer of intricate products, offering both “build to print” and “build to specifications” capabilities. Specializing in machining, fabrication, assembly, testing, and custom product development, they cater to clients in the aerospace, defense, energy, and semiconductor industries.
Their wide range of services includes engine lifting and balancing beams, assembly and calibration tooling, ground support equipment, airframe assembly platforms, engine transportation stands, mechanical and electro-mechanical turnkey systems, and precision components. These products are essential for aero-engine and airframe tooling used in production, maintenance, repair, and overhaul activities.
With a wealth of experience in manufacturing diverse products and services, Unimech Aerospace serves customers worldwide, including in the USA, Germany, and the United Kingdom. In 2024, the company reported a revenue of ₹2,038.49 million, a significant increase from ₹331.01 million in 2022, resulting in a profit growth of 97.64%.
Unimech Aerospace IPO Company Financial Report
The company reported a whooping increase in revenue of ₹213.79 crores in 2024 against ₹94.93 crore in 2023. The company reported a more than double profit of ₹58.13 crores in 2024 against Profit of ₹22.81 crores in 2023. Assets are also getting increased rapidly by the firm almost two times every year.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹37.08 | ₹33.36 | ₹3.39 | ₹56.88 |
| 2023 | ₹94.93 | ₹65.57 | ₹22.81 | ₹93.34 |
| 2024 | ₹213.79 | ₹137.29 | ₹58.13 | ₹175.63 |
Unimech Aerospace IPO Valuation – FY2024
Unimech Aerospace IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 53.53% |
| ROCE: | 54.36% |
| EBITDA Margin: | 37.93% |
| PAT Margin: | 27.85% |
| Debt to equity ratio: | 0.27 |
| Earning Per Share (EPS): | ₹13.23 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 53.53% |
| Net Asset Value (NAV): | ₹24.71 |
Peer Group Comparison
Now, lets look at the peer comparison’s performance over this financial year so that a better understanding will be there at the time of Unimech Aerospace analysis.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| MTAR Technologies Limited | 18.24 | 93.97 | 8.30 | 219.88 | 580.75 Cr. |
| Azad Engineering Limited | 11.2 | 145.37 | 9.08 | 109.12 | 340.77 Cr. |
| Paras Defence & Space Technologies Limited | 8.22 | 146.89 | 6.77 | 113.66 | 253.50 Cr. |
| Dynamatic Technologies Limited | 179.2 | 37.34 | 18.24 | 983.21 | 1,429.33 Cr. |
| Data Patterns (India) Limited | 32.45 | 89.98 | 13.72 | 236.53 | 519.80 Cr. |
Objects of the Issue
The company will be funding capital expenditures for expansion through the purchase of machinery and equipment. Additionally, funds will be allocated for working capital requirements. Investment in the Material Subsidiary will include purchasing machinery and equipment, funding working capital needs, and repaying or prepaying certain borrowings. These investments will support the overall growth and development of the company. Lastly, funds will be used for general corporate purposes.
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