Unimech Aerospace Share Price: Share List at a 90% premium; Check Current Price and Key Details

Unimech Aerospace and Manufacturing Limited made a tremendous listing on the Indian markets. Unimech Aerospace shares were listed with a 90% premium on the Bombay Stock Exchange, followed by a listing on the National Stock Exchange at a premium of 86% over the IPO price.

The shares of Unimech Aerospace and Manufacturing Limited were listed at a price of Rs 1491 a share on the BSE and Rs 1460 a share on the NSE, providing substantial listing gain to its investors today.

However, a substantial portion of the gains were wiped out quickly. At 10:02 AM today, i.e., 31st December 2024, the share price of Unimech Aerospace was Rs 1372, indicating a steep slump of 8.7% over the listing price of Rs 1490 on the BSE. A similar decline of around 6% was seen on the NSE in Umitech Aerospace share prices between 9:30 AM and 10:02 AM.

Know the Key Details About The Umitech Aerospace Share IPO 

The public offer of Umitech Aerospace and Manufacturing Limited was opened for bidding on 23rd December 2024, and the final bid was placed on 26th December 2024. The IPO is a book-built issue that has a fresh issue portion and offer for sale component of 0.32 crore shares, each aggregating to a total IPO size of 500 crores. For more information about the Umitech Aerospace IPO and listing details, refer to the table below:

Opening Date	23rd December 2024
Closing Date	26th December 2024
Refund Initiation and Share Credit	30th December 2024
Listing Date	31st December 2024
Price Band	Rs 745 – Rs 785
Minimum Lot Size	19 shares
Face Value	Rs 5
IPO Size	Rs 500 crores

About Umitech Aerospace and Manufacturing Limited

Umitech Aerospace and Manufacturing Limited is an engineering solution company that supplies critical parts such as aero tooling, ground support equipment, electro-mechanical sub-assemblies, and other precision engineering components for the aerospace, defence, energy, and semiconductor industries.

The key client of Umitech Aerospace includes the top glocal airframe and aero-engine OEMs and their approved licensees. Along with the domestic supply, it has also established itself as a strong exporter of aerospace and other related critical products, which is evident in its export figures of Rs 331.01 million, Rs 896.45 million, and Rs 2,038.49 million, contributing to a significant portion of its total revenue for Fiscal year 2022, 2023 and 2024 and six month period ended September 2024.

As per the official data, the company also has two manufacturing facilities in Bangalore spread across an area of 1,20,000 sq. ft. Both of these manufacturing facilities are accredited with AS 9001D, BS EN ISO 9001 and ISO 45001: 2018.