Unimech Aerospace and Manufacturing IPO Details, Financials, Valuation & Peers
Explore Unimech Aerospace and Manufacturing IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Unimech Aerospace and Manufacturing Limited is a high-precision engineering solutions provider specializing in "build-to-print" and "build-to-specification" manufacturing for the aerospace, defense, energy, and semiconductor industries. With expertise in machining, fabrication, assembly, testing, and new product development, the company caters to the specific requirements of its clients. Unimech is a recognized leader in producing complex tooling, mechanical assemblies, electro-mechanical turnkey systems, and precision components, extensively used in aeroengine and airframe tooling for production, maintenance, and repair activities. Unimech serves a global client base across the USA, Germany, and the UK, with exports contributing over 95% of its revenue. With a strong focus on innovation, customization, and timely deliveries, the company continues to strengthen its position as a key player in the global supply chain for critical aerospace and defense components.
Key Points:
- Core Expertise:
- Specializes in manufacturing complex tooling, precision components, and electro-mechanical systems for aerospace, defense, energy, and semiconductor sectors.
- Offers "build-to-print" (client-provided designs) and "build-to-specification" (custom-designed) manufacturing solutions.
- Product Portfolio:
- Engine lifting beams, calibration tooling, airframe assembly platforms, and ground support equipment.
- Advanced precision components and electro-mechanical sub-assemblies.
- Global Presence:
- Export-oriented company with key clients in the USA, Germany, and the UK.
- Exports contributed 97.64% of total revenue in FY 2024.
- Manufacturing Facilities: Two facilities in Bangalore (Peenya and Devanahalli SEZ) covering over 120,000 sq. ft.
- Comprehensive Capabilities:
- Design and engineering, machining, fabrication, special processes, assembly, and quality assurance.
- Advanced capabilities include turning, milling, electro-discharge machining, and non-destructive testing (NDT).
- Client Base:
- Supplies to leading global airframe and aeroengine OEMs and their licensees.
- Delivered 2,980+ SKUs to 26+ customers across 7 countries between FY 2022 and FY 2024.
Objects of the Issue
- 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 the Material Subsidiary
- General corporate purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 23 Dec - 26 Dec 2024 |
| IPO Price Band | ₹745 - ₹785 per share |
| Fresh Issue | ₹250 crore |
| Offer For Sale | ₹250 crore |
| Total IPO Size | ₹500 crore |
| Face Value | ₹5 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 23 Dec 2024 |
| IPO Closing Date | 26 Dec 2024 |
| Basis Of Allotment | 27 Dec 2024 |
| Refunds | 30 Dec 2024 |
| Demat Transfer | 30 Dec 2024 |
| IPO Listing Date | 31 Dec 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 37.08 | 94.93 | 213.79 | 127.58 |
| Total Expenses | 33.36 | 65.57 | 137.29 | 77.77 |
| Net Profit/Loss | 3.39 | 22.81 | 58.13 | 36.68 |
| NPM (*) | 9.33 | 24.23 | 27.85 | 32.06 |
| Total Assets | 56.88 | 93.34 | 175.63 | 509.27 |
| Total Liabilities | 29.22 | 44.50 | 67.04 | 119.17 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 0.77 | 5.19 | 13.23 | 8.49 |
| ROE (%) | 12.26 | 46.70 | 53.53 | 9.92 |
| ROCE (%) | 10.34 | 42.87 | 54.36 | 9.69 |
| D/E Ratio | 2.61 | 0.81 | 0.32 | 0.64 |
| Current Ratio | 1.27 | 1.91 | 2.08 | 4.00 |
| EBITDA MARGIN (%) | 21.25 | 36.70 | 37.93 | 40.47 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Unimech Aerospace and Manufacturing Limited | 120.66 | 92.46 | 8.49 | 9.92 | 85.65 |
| MTAR Technologies Limited | 318.45 | 237.09 | 7.54 | 3.32 | 227.42 |
| Azad Engineering Limited | 209.94 | 273.47 | 6.45 | 5.57 | 115.50 |
| Paras Defence & Space Technologies Limited | 170.66 | 147.98 | 7.36 | 5.71 | 120.45 |
| Dynamatic Technoologies Limited | 707.70 | 230.12 | 34.49 | 3.32 | 1,038.98 |
| Data Patterns (India) Limited | 195.10 | 223.67 | 11.27 | 4.67 | 241.07 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not less than 50% |
| Non-Institutional Investor (NII/HNI) | Not less than 15% |
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 334.68 |
| Non-Institutional Investor (NII/HNI) | 277.55 |
| Retail Individual Investor (RII) | 59.19 |
| Total | 184.34 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- ANIL KUMAR P
- RAMAKRISHNA KAMOJHALA
- MANI P
- RAJANIKANTH BALARAMAN
- PREETHAM S V
Lead Managers
- Anand Rathi Advisors Limited
- Equirus Capital Private Limited
Company Address
Unimech Aerospace and Manufacturing Limited
538, 539, 542 & 543, 7th Main of Peenya IV Phase Industrial Area, Yeshwanthpur Hobli, Bangalore, North Taluk - 560058, Bangalore, Karnataka, India
Phone: 080-4204 6782
Email: investorrelations@unimechaerospace.com
Website: www.unimechaerospace.com
FAQs
- What is the issue size of the Unimech Aerospace and Manufacturing IPO?The Unimech Aerospace and Manufacturing IPO has an issue size of ₹500 crore. This includes a fresh issue of ₹250 crore and an offer for sale (OFS) of ₹250 crore.
- What is the price band of the Unimech Aerospace and Manufacturing IPO?The price band for the Unimech Aerospace and Manufacturing IPO is ₹745 - ₹785 per share.
- What are the bidding dates for the Unimech Aerospace and Manufacturing IPO?The Unimech Aerospace and Manufacturing IPO will open for bidding on 23 Dec 2024 and close on 26 Dec 2024.
- What is the allotment date for the Unimech Aerospace and Manufacturing IPO?The allotment date for the Unimech Aerospace and Manufacturing IPO is 27 Dec 2024.
- What is the minimum lot size and investment required for the Unimech Aerospace and Manufacturing IPO?The minimum lot size for the Unimech Aerospace and Manufacturing IPO is 19 shares and the minimum investment required is ₹14,915.
- What is the listing date for the Unimech Aerospace and Manufacturing IPO?The listing date for the Unimech Aerospace and Manufacturing IPO is 31 Dec 2024.
- What is the Unimech Aerospace and Manufacturing IPO grey market premium?The grey market premium (GMP) for the Unimech Aerospace and Manufacturing IPO is currently at ₹625, with an expected listing gain of approximately 79.62%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.