Unimech Aerospace IPO GMP: Key Insights for Investors
Unimech Aerospace IPO has created a buzz among investors, with significant demand from retail and non-institutional investors. From IPO GMP trends to detailed financials, this article provides an in-depth look into Unimech Aerospace’s much-anticipated public offering.
Overview of Unimech Aerospace IPO
Key IPO Details
- Issue Size: ₹500 crores (₹250 crores fresh issue + ₹250 crores offer for sale)
- IPO Price Band: ₹745 to ₹785 per share
- Lot Size: 19 shares
- IPO Bidding Dates: December 23–26, 2024
- Listing Date: December 31, 2024
- Listing Exchange: BSE, NSE
Reservation Details
- QIB: 19.94%
- NII: 14.96%
- Retail Investors: 34.89%
- Employees: 0.3%
- Anchor Investors: 29.91%
Minimum Investment
- Retail Investors: ₹14,915 (1 lot)
- sNII Investors: ₹2,08,810 (14 lots)
- bNII Investors: ₹10,14,220 (68 lots)
What is Unimech Aerospace IPO GMP?
The Grey Market Premium (GMP) is a crucial indicator of market sentiment. As of now, the GMP for Unimech Aerospace IPO fluctuates between ₹90 and ₹120, suggesting positive investor confidence.
GMP reflects the premium amount buyers are willing to pay over the issue price in the unregulated market. A strong GMP often hints at a robust listing performance.
Timeline of Unimech Aerospace IPO
| Event | Date |
|---|---|
| IPO Open Date | December 23, 2024 |
| IPO Close Date | December 26, 2024 |
| Allotment Finalization | December 27, 2024 |
| Refunds Initiation | December 30, 2024 |
| Shares Credit to Demat | December 30, 2024 |
| Listing Date | December 31, 2024 |
Financial Highlights of Unimech Aerospace
Unimech Aerospace has showcased impressive financial growth:
- Revenue: ₹213.79 crores in FY24, up from ₹94.93 crores in FY23
- Profit After Tax: ₹58.13 crores in FY24, a 155% rise from FY23
Such growth underscores the company’s strong operational efficiency and promising future.
What is IPO Flipping?
IPO Flipping refers to the practice of selling IPO shares immediately after listing to gain quick profits. With Unimech Aerospace IPO’s positive GMP, flipping could be a lucrative strategy for short-term investors.
Key Considerations for IPO Flipping:
- Monitor the GMP closely.
- Be aware of the lock-in periods (if applicable).
- Factor in listing gains and potential market volatility.
Should You Invest in Unimech Aerospace IPO?
Why Consider This IPO?
- Robust Financial Growth: The company has reported a substantial increase in revenue and profits.
- Positive GMP: A high GMP reflects strong market demand.
- Industry Potential: Operating in aerospace, the company stands to benefit from government initiatives promoting defense and manufacturing.
Risks to Consider
- Market volatility on listing day.
- Dependence on specific clients or sectors.
FAQs
1. What is the GMP for Unimech Aerospace IPO?
The GMP is currently trending between ₹90 and ₹120, indicating strong investor interest.
2. What are the Unimech Aerospace IPO dates?
The IPO opens on December 23, 2024, and closes on December 26, 2024. Listing is scheduled for December 31, 2024.
3. What is the price band for Unimech Aerospace IPO?
The price band is set at ₹745 to ₹785 per share.
4. How can I check Unimech Aerospace IPO allotment status?
Investors can check the allotment status on the registrar’s website (KFin Technologies) or through the NSE/BSE IPO allotment section.
5. What is the minimum investment amount?
Retail investors need to invest a minimum of ₹14,915 for one lot (19 shares).
6. Is Unimech Aerospace IPO suitable for flipping?
Yes, given the positive GMP, flipping could be profitable for short-term investors. However, consider the risks involved.
Conclusion
The Unimech Aerospace IPO offers a promising opportunity for investors, thanks to its strong financials and positive market sentiment. Whether you’re a seasoned investor or a newcomer, understanding IPO dynamics, GMP trends, and flipping strategies can help you make informed decisions.
Stay tuned for more investment insights on Tap Invest.
