Unimech Aerospace & Manufacturing Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,175,158 (50%) | — | ₹24,925 Cr |
| NII (HNI) | — | 952,548 (15%) | — | ₹7,478 Cr |
| Retail | — | 2,222,612 (35%) | — | ₹17,448 Cr |
| Employee | — | 19,108 (0%) | — | ₹15 Cr |
| Σ Total | — | 6,369,426 (100%) | — | ₹500,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 19 | ₹14,915 |
| Retail (Max) | 13 | 247 | ₹193,895 |
| S-HNI (Min) | 14 | 266 | ₹208,810 |
| B-HNI (Min) | 67 | 1,273 | ₹999,305 |
Financial Statements Amount In Crore
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 128 | 214 | 95 |
| Profit After Tax | 39 | 58 | 23 |
| Net Worth | 390 | 109 | 49 |
| Total Assets | 509 | 176 | 93 |
| Reserves & Surplus | 114 | 87 | 48 |
| Total Borrowing | 75 | 29 | 22 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects 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: (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 –
- General corporate purposes. –
Company Overview
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