Unimech Aerospace & Manufacturing Ltd has raised ₹149.50 crore from anchor investors ahead of its IPO. This IPO was open to anchor investors on 20 December. The company has allotted 19,05,094 shares to 18 anchor investors at a price of ₹785 per share.
IPO details
- Opening dates (for retail investors): December 23 to December 26.
- Price band: ₹745 to ₹785 per share.
- Lot Size: 19 shares.
- Minimum investment: ₹14,915.
List of Anchor Investors
Unimec Aerospace’s IPO was participated by a number of leading foreign and domestic investors, including:
- Goldman Sachs.
- India Equity Portfolio.
- ICICI Prudential Transportation.
- Tata India Innovation Fund.
- Motilal Oswal.
- Ashoka India Investment Fund.
Size and objective of IPO
- Total size: ₹500 crore.
- Fresh issue: ₹250 crore (32 lakh shares).
- Offer for Sale: ₹250 crore (32 lakh shares).
- Listing Platform: BSE and NSE.
Unimac Aerospace’s performance in the gray market
Gray Market Premium (GMP):
- Unimac Aerospace’s IPO is trading at the level of ₹ 425 per share.
- Today’s situation: GMP has increased by ₹20.
- This is the highest GMP has ever been, indicating positive interest among investors.
Reservation Details
- Qualified Institutional Buyers (QIBs): 50%.
- Retail investors: At least 35%.
- Non-Institutional Investors (NIIs): At least 15%.