Unimech Aerospace IPO Receives Over 184x Subscription, Check GMP Today

Last Updated: December 26, 2024, 17:09 IST

Unimech Aerospace IPO: Unlisted shares of Unimech Aerospace Ltd are trading at Rs 1,415 each in the grey market, which is an 80.25% costs over the IPO concern rate of Rs 785, suggesting a durable listing gain for financiers on December 31.

Unimech Aerospace IPO: The first public deal (IPO) of Unimech Aerospace and Manufacturing Ltd, which is mosting likely to be shut at 5 pm today, December 26, has actually obtained a monstrous 184.03 times membership. Till 5:00 pm on the last day of bidding process on Thursday, the Rs 500-crore IPO obtained a 184.03 times membership getting quotes for 82,15,61,064 shares versus 44,64,332 shares available.

The non-institutional financiers (NII) group has actually obtained a 277.19 times membership, while the allocation for retail specific financiers (RIIs) obtained subscribed 58.73 times. The group for certified institutional purchasers (QIBs) brought a 334.68 times membership.

The IPO was opened up on Monday, December 23. It obtained a 4.05 times membership on Day 1 and a 9.6 times membership on Day 2 of bidding process.

Unimech Aerospace IPO GMP Today

According to market onlookers, non listed shares of Unimech Aerospace Ltd are trading at Rs 1,415 each in the grey market, which is an 80.25 percent costs over the IPO concern rate of Rs 785. It suggests a durable listing gain for financiers on December 31.

Unimech Aerospace IPO: More Details

The IPO consists of a fresh concern of approximately Rs 250 crore and an offer-for-sale (OFS) of approximately Rs 250 crore.

The rate variety of the deal has actually been dealt with at Rs 745-785 per share. For financiers, the minimal great deal dimension for an application is 19. So, retail financiers needs a minimal financial investment quantity of Rs 14,915 to get the IPO. The minimal great deal dimension financial investment for little NII is 14 whole lots (266 shares), totaling up to Rs 2,08,810, and for huge NII, it is 68 whole lots (1,292 shares), totaling up to Rs 10,14,220.

Shares of the company will certainly be detailed on the BSE and NSE.

The part of the IPO will certainly be settled on December 27, while its listing will certainly occur on December 31.

Anand Rathi Advisors Ltd and Equirus Capital Private Ltd are guide running lead supervisors to the deal.

Unimech Aerospace is a high-precision design services business being experts in complicated production services for the aerospace, support, power and semiconductor sectors.