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Published 15:08 IST, December 26th 2024

Unimech Aerospace IPO Listing Price Prediction: GMP Soars; Almost 80% Gain For Buyers? See Details

The IPO bidding process ends today, with the last Grey Market Premium (GMP) indicating a remarkable 80% potential gain for investors.

Reported by: Business Desk
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Record-Breaking Year for Indian IPOs
Record-Breaking Year for Indian IPOs | Image: Freepik

Unimech Aerospace and Manufacturing Limited, established in 2016, has gained a significant foothold in the aerospace industry.

Specializing in high-precision mechanical assemblies and electro-mechanical systems for aeroengines and airframes, the Bengaluru-based company’s IPO bidding process opened on December 23, 2024, and concludes today, December 26, 2024. Investors will soon know if they have been allotted shares.

According to market trackers, the tentative listing date for the IPO is December 31, 2024.

Unimech Aerospace IPO GMP Today
Today marked the final day for Unimech Aerospace IPO shares in the grey market. As per the market tracker website, the last Grey Market Premium (GMP) was recorded at Rs 630. 

With a price band of Rs 785, the IPO’s estimated listing price is Rs 1415. This signals an impressive 80.25% expected gain per share, making it a highly attractive proposition for investors.

Unimech Aerospace IPO Listing date

Although the official listing date is yet to be confirmed, December 31, 2024, has been tentatively marked as the day Unimech Aerospace makes its market debut.

Unimech Aerospace IPO Price Band and Lot Size
The IPO price band has been set at Rs 745 to Rs 785 per share, offering investors flexibility within this range.
Minimum Lot Size: 1 lot (19 shares).
Maximum Lot Size: 13 lots (247 shares).

Disclaimer

The views expressed in this article are purely informational and Republic Media Network does not vouch for, promote or endorse any opinions stated by any third party. Stock market and Mutual Fund investments are subject to market risks and readers are advised to seek expert advice before investing in stocks, derivatives and Mutual Funds

Updated 15:08 IST, December 26th 2024