The Unimech Aerospace and Manufacturing IPO has captured the market’s attention with an overwhelming subscription of 175.31 times. If you’re among the eager investors awaiting allotment results, this guide will walk you through the process of checking your Unimech IPO allotment status seamlessly.
We’ll also delve into the IPO’s highlights, financials, and what this means for stakeholders.
IPO Allotment:
The allotment status for the Unimech Aerospace IPO will be finalized on Friday, December 27, 2024.
Investors can check their allotment details on platforms like NSE, BSE, and Kfin Technologies. With shares set to list on December 31, the IPO has already made waves as one of the most sought-after offerings this year.
How to Check Unimech IPO Allotment Status
1. On the NSE Website:
- Visit the NSE bid verification page.
- Log in or create an account.
- Select “Unimech Aerospace and Manufacturing” from the dropdown menu.
- Enter your PAN and application number.
- Click “Submit” to view your allotment details.
2. On the BSE Website:
- Go to the BSE IPO allotment page: bseindia.com.
- Choose “Equity” under Issue Type.
- Select “Unimech Aerospace and Manufacturing” from the dropdown.
- Input your application number or PAN.
- Hit “Search” to check the status.
3. On the Kfin Technologies Website:
- Navigate to Kfin Technologies IPO Status Page.
- Choose “Unimech Aerospace and Manufacturing Ltd” from the dropdown.
- Enter your IPO application number, Demat account number, or PAN.
- Complete the CAPTCHA verification and click “Submit.”
Unimech Aerospace IPO Highlights
- Subscription Breakdown:
- Qualified Institutional Buyers (QIBs): Subscribed 317.63 times.
- Non-Institutional Investors: Subscribed 263.78 times.
- Retail Investors: Subscribed 56.74 times.
- Employees: Subscribed 97.81 times.
- Financials:
- Revenue surged from ₹36.35 crore in FY22 to ₹208.78 crore in FY24.
- Net profit jumped from ₹3.39 crore in FY22 to ₹58.13 crore in FY24.
- IPO Details:
- Total Issue Size: ₹500 crore (₹250 crore fresh issue and ₹250 crore offer-for-sale).
- Price Band: ₹745-₹785 per share.
- Minimum Investment: 19 shares (₹14,915).
Potential Impacts and Insights
Short-Term:
- With a listing date of December 31, analysts predict a strong debut for Unimech Aerospace, potentially commanding a significant premium.
- High subscription figures, particularly among QIBs, indicate robust institutional confidence.
Long-Term:
- The IPO proceeds will fund machinery acquisitions, subsidiary investments, working capital, and other corporate purposes.
- Unimech’s focus on aerospace, defense, and semiconductors positions it well for growth in industries with increasing demand for precision engineering solutions.
Opportunities:
- Retail investors could benefit from potential listing gains.
- Long-term stakeholders might see returns as Unimech capitalizes on its niche expertise.
Risks:
- Market volatility may impact the stock’s performance post-listing.
- Dependency on defense and aerospace contracts could pose risks if demand fluctuates.
The Unimech Aerospace IPO has marked a significant milestone in India’s equity market, attracting widespread interest across investor categories.
With the allotment status now imminent, it’s time to check if you’ve secured a piece of this promising venture.
Follow the steps outlined to access your allotment details, and keep an eye on the listing day for potential gains. Unimech’s solid financials and strategic focus make it a stock to watch.
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