On Friday, the allocation status for the Unimech Aerospace and Manufacturing IPO will be finalised. According to the consolidated bid data on the NSE, the Rs 500 crore initial share sale got 175.31 times subscription, with bids for 82.46 crore equity shares against 47.04 lakh shares on offer.
Due to the fact that their portion was subscribed 317.63 times, QIBs led the demand. 42.50 crore shares were bid on in this category, out of the 13.38 lakh shares that were up for grabs.
Subscription across all categories
In contrast to the 10.03 lakh equity shares reserved, bids for 26.47 crore shares were received for the non-institutional investors’ quota, resulting in a 263.78 times subscription.
Due to their subscription of 13.28 crore shares out of the 23.41 lakh shares available, the retail investors’ portion was booked 56.74 times.
Additionally, the company’s employees’ portion was subscribed for 97.81 times, resulting in 19.69 lakh bids out of the 20,134 shares that were offered.
Allocation status
The final allocation status for Unimech Aerospace and Manufacturing’s initial public offering (IPO) is scheduled for December 27th, following the astounding subscription.
The websites of the NSE and BSE, allow investors to view finalisation details.
How to check the online allocation status of Unimech Aerospace and Manufacturing’s IPO?
Go to the NSE’s bid verification page.
New users must create an account if they don’t already have one.
From the IPO dropdown menu, select “Unimech Aerospace and Manufacturing.”
Enter information such as your application number and PAN.
Click the “Submit” button to view the status of your share allocation.
Steps to check allocation status on BSE
Visit BSE’s IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx
Select ‘Issue Type’ as ‘Equity’
From the ‘Issue name’ dropdown list, select ‘Unimech Aerospace and Manufacturing’
Enter your application number or PAN card number
Click on ‘Search’
Listing date of IPO
The secondary market will see Unimech Aerospace and Manufacturing Ltd. shares on Tuesday, December 31. At 10 am, the stock will go live on the BSE and NSE.
Size, price band & minimum bid
A new issuance of Rs 250 crore and an offer-for-sale (OFS) of up to Rs250 crore were issued by Unimech Aerospace and Manufacturing. Rs 745–Rs 785 per share was the set price range. The lot size was 19 shares, and Rs 14,915 was required as an investment.
