Status of Unimech Aerospace’s IPO Share Allotment: A Complete Guide with Important Details

The much anticipated share allocation status for Unimech Aerospace’s IPO has been made public. Investors from a wide range of backgrounds responded with enormous enthusiasm to the company’s initial public offering (IPO), which took place between December 23 and December 26, 2024.

Learn all you need to know about the IPO, including how to check your allocation status, the grey market premium, and subscription details.

 

IPO Synopsis and Important Information

Period of Subscription: December 23–December 26, 2024

Rs 500 crore in funds were raised.

Price range: 745 – 785 rupees per share

47.04 lakh shares are available for purchase.

19 shares is the minimum investment.

 

Details of Unimech Aerospace’s IPO Subscription

With a total subscription of 175.31 times the available shares, the IPO saw impressive participation. The breakdown is as follows:

QIBs (Qualified Institutional Buyers): 317.63 subscriptions

NIIs (non-institutional investors): 263.78 subscriptions

56.74 times were subscribed by retail investors.

Employee Quota: 97.81 subscriptions

Strong investor confidence in Unimech Aerospace’s growth potential and market positioning is demonstrated by this exceptional response.

 

The Stellar Response’s Causes

Market Potential: Unimech aircraft works in a rapidly expanding industry where there is a growing need for aircraft solutions and components.

Strong Fundamentals: Both institutional and individual investors have been drawn to the company due to its strong financials and inventive capabilities.

High GMP: Investor excitement was further stoked by the alluring grey market premium.

Sector Growth: Thanks to government programs and growing private sector involvement, India’s aerospace sector is well-positioned for growth.

 

How to Verify the Status of Unimech Aerospace’s IPO Allotment

The following services make it simple for investors to monitor their allocation status:

 

On the NSE website

Go to the website for NSE bid verification.

If you are an existing user, log in; if you are a new user, sign up.

From the list of IPOs, pick “Unimech Aerospace and Manufacturing.”

Enter information such as your application number and PAN.

Press “Submit” to view the allocation.

On the website of KFin Technologies

Check out the IPO status of KFin Technologies.

From the IPO dropdown, choose “Unimech Aerospace and Manufacturing Ltd.”

Enter your PAN, Demat account number, or application number.

After filling out the CAPTCHA, click “Submit.”

 

On the BSE website

On the BSE IPO Allotment Page, click.

Under Issue Type, select “Equity.”

Choose “Unimech Aerospace and Manufacturing” from the drop-down menu for the issue name.

Put in your PAN or application number.

To see your current status, click “Search.”

 

Premium Grey Market (GMP)

Unimech Aerospace’s shares have been trading at a substantial Rs 631 grey market premium (GMP).

This points to a possible listing price of Rs 1,416, which is a remarkable 80.25% increase above the Rs 785 maximum IPO pricing range. good market demand and expectations for good success after listing are reflected in such a high GMP.

 

In conclusion

The market attraction and growth potential of the Unimech Aerospace IPO are highlighted by its remarkable grey market premium and overwhelming subscription. Given the anticipated premium listing price, investors who have acquired allotments stand to gain a greater amount of money. Those who missed out may be able to find new investing possibilities by keeping an eye on the stock’s performance after listing.

To make wise investing choices, keep up with the most recent IPO and business news.