Unimech Aerospace and Manufacturing IPO: Investors have a fantastic alternative to spend money on the final IPO of Unimech Aerospace and Manufacturing within the yr 2024. Investors can make investments cash on this IPO until Thursday 26 December 2024. The firm engaged on engineering options goes to boost Rs 500 crore from the market and the corporate has fastened the value band of IPO at Rs 745-785 per share.
Competition amongst buyers to speculate
The IPO of Unimec Aerospace and Manufacturing was opened on December 23 and December 26, 2024 is the final date for funding within the IPO. It has attracted the eye of buyers within the first two days of the IPO opening. This might be gauged from the truth that the IPO has been subscribed 9.09 instances within the first two days. The reserve quota for institutional buyers has been subscribed 4.64 instances, the quota for non-institutional buyers 12.07 instances, the reserve quota for retail buyers 10.30 instances. The reserve quota for staff has been subscribed 15.56 instances to this point.
IPO will likely be listed on thirty first December
Unimech Aerospace is elevating Rs 500 crore in IPO, out of which Rs 250 crore is being raised by means of new shares and Rs 250 crore is being raised by means of supply for sale. The allotment within the IPO will likely be selected twenty seventh December and the IPO will likely be listed on BSE-NSE on thirty first December 2024, the final buying and selling session of the yr 2024.
Financial efficiency is great
There is loads dimension of 19 shares and for this buyers must pay Rs 14,915. Maximum buyers can apply for 14 tons. Anand Rathi Securities, Equirus Capital are the lead managers of the IPO and Kfin Technologies is the registrar. If we take a look at the monetary efficiency, the corporate’s income within the monetary yr 2022-23 was Rs 94.94 crore and revenue was Rs 22.81 crore. Whereas within the monetary yr 2023-24, the income was Rs 213.79 crore and the revenue was Rs 58.13 crore.
Know the GMP of Unimech Aerospace
GMP of Unimech Aerospace is working at Rs 510. That means, bumper listing of the inventory is feasible on December 31 and the share might be listed at Rs 1295 with a leap of 65 p.c.
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