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Reading: Unimech Aerospace raises ₹149.5 crore from anchor buyers for ₹500-crore IPO forward of subscription
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StockWaves > Market Analysis > Unimech Aerospace raises ₹149.5 crore from anchor buyers for ₹500-crore IPO forward of subscription
Market Analysis

Unimech Aerospace raises ₹149.5 crore from anchor buyers for ₹500-crore IPO forward of subscription

StockWaves By StockWaves Last updated: December 21, 2024 1 Min Read
Unimech Aerospace raises ₹149.5 crore from anchor buyers for ₹500-crore IPO forward of subscription
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Unimech Aerospace IPO: The preliminary public providing (IPO) of Unimech Aerospace and Manufacturing Restricted is all set to hit the Indian main market on twenty third December 2024.

Overseas and Home Establishments who participated within the anchor included Goldman Sachs India Fairness Portfolio, ICICI Prudential Transportation and Logistics Fund, Tata India Innovation Fund, Motilal Oswal, Edelweiss Trusteeship, Ashoka India Funding Fund, Abakkus Diversified Alpha Fund-2, VQ Fastercap Fund HSBC Flexi Cap, Copthall Mauritius, Clarus Capital and many others.

Unimech Aerospace is a world high-precision engineering options supplier specializing within the manufacturing of advanced merchandise by “construct to print” and “construct to specs” choices.

The corporate is concerned in machining, fabrication, meeting, testing, and the creation of recent merchandise tailor-made to consumer necessities. Unimech has shoppers from the aerospace, defence, power, and semiconductor industries.

As of March 31, 2024, Unimech Aerospace operated two manufacturing amenities, Unit I and Unit II, positioned in Bangalore, spanning a complete space of over 120,000 sq. ft., in keeping with the draft papers filed with the Securities and Exchanges Board of India (SEBI).

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