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%.

Rahul Dev

Cricket Jounralist at Newsdesk

Leave a comment

Your email address will not be published. Required fields are marked *