December 27, 2024
New Delhi, India
Unimech Aerospace and Manufacturing IPO
The allotment for the highly subscribed Unimech Aerospace and Manufacturing IPO, valued at ₹500 crore, has been finalised on December 27, 2024. Investors can verify their share allotment status online via NSE, BSE, or Kfin Technologies platforms.
Subscription Highlights:
- Total Subscription: 175.31 times.
- Qualified Institutional Buyers (QIBs): 317.63 times.
- Non-Institutional Investors (NIIs): 263.78 times.
- Retail Investors: 56.74 times.
- Employee Category: 97.81 times.
This overwhelming demand underscores the strong market interest in Unimech Aerospace, a leading provider of high-precision engineering solutions.
Steps to Check IPO Allotment:
On NSE:
- Visit the NSE IPO bid verification page.
- Select ‘Unimech Aerospace and Manufacturing’ from the dropdown.
- Enter your PAN or application number.
- Click ‘Submit’ to view your allotment status.
On BSE:
- Navigate to the BSE IPO Allotment Page.
- Choose ‘Equity’ under Issue Type.
- Select ‘Unimech Aerospace and Manufacturing’ from the dropdown list.
- Provide your PAN or application number.
- Click ‘Search’ to check your status.
Also Read: Mamata Machinery IPO Makes a Grand Market Debut with 147% Premium Over IPO Price
On Kfin Technologies:
- Open the Kfin IPO Status Page.
- Choose ‘Unimech Aerospace and Manufacturing Ltd’ from the dropdown.
- Enter any of the following: IPO application number, Demat account number, or PAN.
- Verify the Captcha and click ‘Submit’.
IPO Listing Details:
- Listing Date: December 31, 2024.
- Stock Exchanges: NSE and BSE.
- Listing Time: 10:00 AM.
IPO Objectives:
Proceeds from the issue will be utilised for:
- Capital expenditures through machinery and equipment purchase.
- Investment in material subsidiaries.
- Funding working capital requirements.
- General corporate purposes.
About Unimech Aerospace:
Unimech Aerospace specialises in complex engineering solutions, catering to sectors like defence, aerospace, energy, and semiconductors. The company’s ₹250 crore fresh issuance and ₹250 crore Offer-for-Sale (OFS) were priced in a range of ₹745-₹785 per share, with a lot size of 19 shares.
Investors can now prepare for the stock’s debut in the secondary market, anticipating strong performance based on the IPO’s massive subscription and market interest.
Check Latest IPO News
Disclaimer:
CurrencyVeda provides this news article for informational purposes only. We do not offer investment advice or recommendations. Before making any investment decisions, please conduct thorough research, consult with financial experts, and carefully consider your financial situation, risk tolerance, and investment goals. Investing in the stock market carries risks, and it’s essential to make informed choices based on your individual circumstances. CurrencyVeda is not liable for any actions taken based on the information provided in this article.
