Unimech Aerospace IPO: Check Out Important Dates, GMP, Lot Size, And Other Key Details Here

Unimech Aerospace IPO: Unimech Aerospace is set to launch its Initial Public Offering (IPO) with a total issue size of Rs 500 crores. The IPO consists of a fresh issue of 0.32 crore shares worth Rs 250.00 crores and an offer for sale (OFS) of 0.32 crore shares, also aggregating to Rs 250.00 crores. 

Here are some of the critical details of the Unimech Aerospace IPO, including its price band, bidding dates, and listing schedule.

Unimech Aerospace IPO Details

The Unimech Aerospace IPO will be conducted as a book-built issue, offering shares priced within a range of Rs 745 to Rs 785 per share. The bidding process opened on Monday, December 23, 2024, and will close on Thursday, December 26, 2024. Investors can participate in this IPO through BSE and NSE, with the tentative listing date set for Tuesday, December 31, 2024.

Unimech Aerospace IPO Important Dates

Open Date: Monday, December 23, 2024

Close Date: Thursday, December 26, 2024

Basis of Allotment Finalisation: Friday, December 27, 2024

Initiation of Refunds: Monday, December 30, 2024

Credit of Shares to Demat Accounts: Monday, December 30, 2024

Listing Date: Tuesday, December 31, 2024

Unimech Aerospace IPO GMP

The Unimech Aerospace IPO is highly anticipated by the market and currently trades 61.15 per cent higher than its IPO price in the grey market. The grey market premium or GMP of the Unimech Aerospace IPO currently stands at Rs 480, taking the price per equity share to Rs 1,265 against the IPO price of Rs 785.00 This marks a 61.15 per cent uptick in the price for the IPO. 

Unimech Aerospace IPO Lot Size and Investment Requirements

The IPO offers different investment options based on investor categories. Here are the details:

Retail Investors:

Minimum Lot Size: 1 lot (19 shares)

Investment Amount: Rs 14,915

Maximum Lot Size: 13 lots (247 shares)

Investment Amount: Rs 1,93,895

Non-Institutional Investors (NIIs)

Small NII (sNII):

Minimum Lot Size: 14 lots (266 shares)

Investment Amount: Rs 2,08,810

Maximum Lot Size: 67 lots (1,273 shares)

Investment Amount: Rs 9,99,305

Big NII (bNII):

Minimum Lot Size: 68 lots (1,292 shares)

Investment Amount: Rs 10,14,220

Unimech Aerospace IPO Allotment and Listing Timeline

The basis of allotment is expected to be finalised on Friday, December 27, 2024. Refunds will be initiated and shares credited to successful applicants’ demat accounts on Monday, December 30, 2024. The company’s shares are expected to be listed on both the BSE and NSE on Tuesday, December 31, 2024.