About Unimech Aerospace and Manufacturing
Incorporated in 2016, Unimech Aerospace and Manufacturing is an engineering solutions company specializing in manufacturing and supplying precision-engineered components for aerospace, defense, energy, and semiconductor industries. Expertise includes aero tooling, ground support equipment, and electro-mechanical sub-assemblies, with both “build to print” and “build to specifications” capabilities for customized solutions. Operating from two advanced facilities in Bangalore, the company serves leading global OEMs and licensees across seven countries. Products adhere to stringent quality standards (AS9100D & ISO 9001:2015), emphasizing high-mix, low-volume production tailored to specific requirements. Over 90% of revenue is export-driven, with a focus on timely delivery and quality assurance. As of September 2024, the order book stood at ₹807.52 million, showcasing operational strength and global reach.
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | ₹500 crores |
| Fresh Issue | ₹250 crores |
| Offer for sale | ₹250 crores |
Financial Snapshot
| Financial Year Ended | March 2022 | March 2023 | March 2024 | September 2024 |
|---|---|---|---|---|
| Total Assets | 56.88 | 93.34 | 175.63 | 509.27 |
| Revenue | 37.08 | 94.93 | 213.79 | 127.58 |
| Profit After Tax | 3.39 | 22.81 | 58.13 | 38.68 |
*All figures are in ₹ Crores.
Strengths
- Advanced manufacturing capabilities for high-precision engineering solutions.
- Unique dual capabilities: build-to-print and build-to-specifications.
- Expertise in machining, fabrication, assembly, and special processes.
- Strong assembly and testing capabilities meeting diverse customer needs.
- Certified quality standards including AS9100D and BS EN ISO 9001.
- Extensive global customer base across aerospace and related industries.
- Robust vendor ecosystem ensuring flexibility and supply chain resilience.
- Export-oriented focus with significant revenue from international markets.
- Experienced management team with deep industry expertise and leadership.
Risks
- Heavy dependency on the aerospace sector impacts revenue diversification.
- High reliance on the top five customers for revenue generation.
- Long gestation periods affect working capital and cash flow.
- Export dependency exposes operations to global market uncertainties.
- Significant reliance on operations of material subsidiary Innomech Aerospace.
- Negative cash flows from past activities affect financial stability.
- Leased facility dependency risks operational continuity and relocation issues.
IPO Schedule
| Issue Period | 23rd December to 26th December 2024 |
|---|---|
| Price band | ₹ 745 - 785 |
| Minimum Bid quantity | 19 shares |
| UPI Mandate Deadline | 5 PM, 26 December 2024 |
| Allotment Finalization | 27 December 2024 |
| Refund Initiation | 30 December 2024 |
| Share Credit | 30 December 2024 |
| Listing Date | 31 December 2024 |
| Mandate end date | 10 January 2025 |
| Lock-In End Date for Anchor Investors (50%) | 26 January 2025 |
| Lock-In End Date for Anchor Investors (Remaining) | 27 March 2025 |