Unimech Aerospace IPO Highlights: Check The Details

Unimech Aerospace and Manufacturing's initial public offering began today, December 23, 2024. However, the maiden share offering of a major component manufacturer was oversubscribed within hours of its launch. According to the sources, the issue was subscribed 1.26 times, with bids totalling 59,26,271 shares versus 47,04,028 on offer.

In reality, prior to its IPO, the engineering solutions firm raised Rs. 149.5 crores through its anchor book, which began on December 20.

Unimech Aerospace and Manufacturing IPO Allotment Details and Listing Date

IPO Date: December 23, 2024 to December 26, 2024

Basis of Allotment: December 27, 2024

Initiation of Refunds: December 30, 2024

Price Band: ₹745 to ₹785 per share

Lot Size: 19 shares

In addition, the minimum amount of investment required by retail investors is ₹14,915. Furthermore, the minimum lot size investment for sNII is 14 lots (266 shares), amounting to ₹2,08,810, and for bNII, it is 68 lots (1,292 shares), amounting to ₹10,14,220.