Unimech Aerospace IPO: Check latest GMP ahead of listing today

The equity shares of Unimech Aerospace and Manufacturing Ltd, an engineering solutions provider, are set to make their debut on the Indian stock exchanges today, December 31, 2024. The IPO listing will take place on the BSE and NSE, with trading commencing at 10:00 AM following a Special Pre-Open Session (SPOS).

IPO Highlights

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  • Issue Size: ₹500 crore
    • Fresh Issue: ₹250 crore (0.32 crore shares)
    • Offer for Sale: ₹250 crore (0.32 crore shares)
  • Price Band: ₹745–₹785 per share
  • Lot Size: 19 shares
    • Minimum Investment (Retail): ₹14,915
    • sNII Minimum Investment: ₹2,08,810 (14 lots, 266 shares)
    • bNII Minimum Investment: ₹10,14,220 (68 lots, 1,292 shares)
  • Subscription Period: December 23–26, 2024
  • Allotment Finalized: December 27, 2024

Grey Market Premium (GMP)

Unimech Aerospace shares have been trending bullish in the grey market, with a hefty GMP of ₹716 per share. This suggests that Unimech Aerospace shares are trading at a 91% premium over the issue price of ₹785.

Estimated Listing Price

Based on the current GMP, the estimated listing price of Unimech Aerospace shares is ₹1,501 apiece. This signals a strong debut, offering nearly double returns to IPO investors.

What to Expect Today

The BSE notice confirms the shares will be listed in the ‘B’ group of securities. Investors and market watchers are keenly observing this listing, which reflects positive sentiment and strong demand in the IPO market.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.