Unimech Aerospace and Manufacturing Limited made a remarkable debut on the stock exchanges today, December 31, 2024, listing at ₹1,460 per share on the NSE, a premium of 86% over its IPO issue price of ₹785 per share. This listing highlights strong investor confidence in the engineering solutions provider.
Key Highlights of the Listing:
- Listing Price: ₹1,460 per share on the NSE
- IPO Price Band: ₹745–₹785 per share
- Premium: 86%
- Retail Profit: ₹12,825 per lot (19 shares)
- HNI Profit: ₹1,79,550 for 68 lots
IPO Details:
- Issue Size: ₹500 crore
- Fresh Issue: ₹250 crore (0.32 crore shares)
- Offer for Sale: ₹250 crore (0.32 crore shares)
- Subscription Period: December 23–26, 2024
- Allotment Finalized: December 27, 2024
- Lot Size: 19 shares
- Minimum Investment (Retail): ₹14,915
- Minimum Investment (sNII): ₹2,08,810 (14 lots, 266 shares)
- Minimum Investment (bNII): ₹10,14,220 (68 lots, 1,292 shares)
Strong Anchor Investor Participation:
Prior to the IPO, Unimech Aerospace raised ₹149.5 crore through its anchor book on December 20. Prominent participants included leading domestic and global institutional investors like ICICI Prudential Mutual Fund, Axis Mutual Fund, Goldman Sachs, Tata Mutual Fund, and Sunil Singhania’s Abakkus Diversified Alpha Fund. Other notable participants included Kotak Mahindra Life Insurance, HSBC Mutual Fund, Edelweiss, and Copthall Mauritius.
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