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Unimech Aerospace and Manufacturing Limited

UNIMECHAerospace & Defense23 Dec 2024 – 26 Dec 2024INE0U3I01011

Promoters Anil Kumar P · Ramakrishna Kamojhala · Mani P · Rajanikanth Balaraman · Preetham S V

On listing day it
we hold no exchange bar dated on the listing date
Since then, against the issue price
+116.4%
₹1,698.4 on 21 Sept 2026

Against an issue price of ₹785. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹785
final issue price
Issue size
₹500 cr
Fresh And OFS
Lot size
19 sh
₹14,915 a lot
Listed on
31 Dec 2024
NSE
Now trading as UNIMECH — see its filed financials and price history →
Valued at the offer price3,992 cr5,08,56,883 shares after the issue × ₹785, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

Unimech Aerospace and Manufacturing Limited raised ₹500 crore through a mainboard initial public offer.

The filing places it in Aerospace & Defense and names five promoters: Anil Kumar P, Ramakrishna Kamojhala, Mani P, Rajanikanth Balaraman and Preetham S V.

The book was open from 23 December 2024 to 26 December 2024.

The issue was priced at ₹785 a share, from a band of ₹745 to ₹785.

Of the offer, ₹250 crore is a fresh issue of shares — money that goes to the company — and ₹250 crore is an offer for sale, which goes to existing shareholders selling down. Valued at the final issue price.

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

18 anchor investors were allotted shares before the book opened, worth ₹150 crore.

The shares listed on 31 December 2024.

The last official close on file is ₹1,698 (21 September 2026), which is 116.4% above the issue price.

It now trades as UNIMECH, and its filed financials are on its company page.

How it has done since listing
NSE close · 21 Sept 2026
Issue price
₹785
final issue price
Listing-day move
Now vs issue price
+116.4%
21 Sept 2026
Since first close

Shares sold in the issue at ₹785 last closed at ₹1,698.4.

See UNIMECH’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 6(1)
Issue price
₹785
face value ₹5
Lot size
19 sh
₹14,915 a lot
Issue size
₹500 cr
Fresh And OFS
Shares after issue
5.09 cr
5,08,56,883
Where the money goes₹500 cr
Fresh issue — goes to the company₹250 cr50.0%
Offer for sale — goes to selling shareholders₹250 cr50.0%

Share counts converted at ₹785, the final issue price.

Registrar
KFintech Private Limited
Lead managers
  • Other LM / BRLM
  • Equirus Capital Private Limited
What happens when
4-day book
  1. Bidding opens23 Dec 2024
  2. Bidding closes26 Dec 2024
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing31 Dec 2024
Subscription

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Who bought before the book opened
18 investors · ₹150 cr

Anchor investors are institutions allotted shares one working day before public bidding opens, at a price fixed then. Their shares are locked in for a set period. At least 4 of them are domestic mutual funds; we could not classify 13 of the names either way.

ASHOKA INDIA EQUITY INVESTMENT TRUST PLC₹14.9 cr
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO₹14.9 cr
ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND₹14.9 cr
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS INDIA MANUFACTURING FUNDmutual fund₹10.2 cr
ABAKKUS DIVERSIFIED ALPHA FUND-2₹10 cr
COPTHALL MAURITIUS INVESTMENT LIMITED - ODI ACCOUNT₹10 cr
HSBC FLEXI CAP FUND₹10 cr
MOTILAL OSWAL LARGE CAP FUND₹10 cr
TATA INDIA INNOVATION FUND₹10 cr
EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- EDELWEISS LARGE CAP FUNDmutual fund₹6 cr
CLARUS CAPITAL I₹5 cr
KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD.₹5 cr
NATIXIS INTERNATIONAL FUNDS (LUX) I - LOOMIS SAYLES GLOBAL EMERGING MARKETS EQUITY FUND₹5 cr
VQ FASTERCAP FUND₹5 cr
BANDHAN BUSINESS CYCLE FUND₹5 cr
BANDHAN SMALL CAP FUND₹5 cr
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS EQUITY SAVINGS FUNDmutual fund₹4.7 cr
EDELWEISS TRUSTEESHIP CO LTD AC - EDELWEISS MF AC- EDELWEISS RECENTLY LISTED IPO FUNDmutual fund₹4 cr

From the issuer’s anchor allotment filing. A record of who was allotted what — not a recommendation.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    30 Jan 2025
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    31 Mar 2025
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    30 Jun 2025
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    30 Jun 2026
    already free

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
1,019.5x
diluted earnings · 967.5x at the floor
The issuer's chosen peers
222.4x
average of a 148.0x – 273.5x range
Earnings the price leans on
₹8.47
diluted, per share
Earnings per share, by year
YearBasicDilutedWeight
FY2022₹0.77₹0.771
FY2023₹5.19₹5.192
FY2024₹13.23₹13.233

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Peers named by the issuer

The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
Equirus Capital Limited
20212026
31
4 measurable
+20.0%
Registrar
FirmIssuesTypical listing move
KFintech Private Limited
20232026
68
2 measurable
+35.7%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.