Unimech Aerospace IPO: Check IPO Date, Live Subscription and Key Details
Unimech Aerospace Limited is a global leader in high-precision engineering, specializing in 'build to print' and 'build to specifications' models for the aerospace, defense, energy, and semiconductor sectors. It shipped 2,356 tooling SKUs and 624 precision parts to 26 customers across 7 countries during Fiscal 2022-2024. With an order book of INR 99.24 crore as of June 30, 2024, and two manufacturing units in Bangalore covering 120,000 sq. ft., the company ensures timely delivery within 4-16 weeks, maintaining excellence and innovation in the sector.
Min Investment
₹14915
Price Range
₹745.0 - ₹785.0
Issue Size
₹500.00 Cr
IPO Type
Mainboard
Key Metrics
Face Value
₹5
EPS
15.21
P/E Ratio
51.61
RoNW
53.53%
ROE
53.53%
Debt to Equity
0.32
Timeline
IPO Opens
23 Dec
IPO Closes
26 Dec
Allotment
27 Dec
Listing
31 Dec
IPO Objectives
- 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.
- The Company will not receive any proceeds from the Offer for Sale by the Selling Shareholders and the proceeds from the Offer for Sale will not form part of the Net Proceeds
Strengths
- Unimech Aerospace has advanced manufacturing capabilities and it is capable of delivering high precision engineering solutions.
- It is a digital-first manufacturing company with a robust infrastructure facilitating seamless integration of operations. It deploys a range of digital manufacturing systems that integrate the complete process from order origination to order delivery.
- The company claims it is the fastest growing company, having recorded the highest revenue growth among peers in terms of compounded annual growth rate (CAGR) between FY 2022-23 and FY 2024-25.
Weaknesses
- The business has a longer gestation period wherein, there is considerable time gap of 7 to 28 weeks between the receipt of order and the payment, thereby affecting the company’s working capital requirements.
- The company’s business is dependent on exports and the performance of geographies where it supplies its products. Any adverse changes in the conditions affecting the industries in global markets, including the key markets such as the US and Germany, can adversely impact Unimech Aerospace.
- The company is dependent on top five customers who contributed 96.8% to its total revenue from operations in fiscal 2024. Loss of any of these customers or a significant reduction in purchases by any of them could adversely affect its business.
Financial Performance
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 509.27 | 175.63 | 93.34 | 56.88 |
| Revenue (₹ Cr.) | 127.58 | 213.79 | 94.93 | 37.08 |
| PAT (₹ Cr.) | 38.68 | 58.13 | 22.81 | 3.39 |
| Net Worth (₹ Cr.) | 390.1 | 108.6 | 48.85 | 27.66 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| MTAR Technologi.. | 7.87 | 237.09 | 3.32 | 676 |
| Azad Enginee.. | 15.33 | 145.37 | 5.57 | 645 |
| Paras Defence.. | 9.07 | 146.89 | 5.71 | 443 |
Subscription Details
No daily bids available.
No subscription statistics available.
Company Details
- 538, 539, 542 & 543, 7 th Main of Peenya IV Phase Industrial Area, Yeshwanthpur Hobli, Bangalore North Taluk - 560058
- 080-4204 6782
- investorrelations@unimechaerospace.com
- https://unimechaerospace.com/
Registrar Details
- Kfin Technologies Limited
- 04067162222, 04079611000
- uaml.ipo@kfintech.com
- https://kosmic.kfintech.com/ipostatus/