Unlisted shares of Unimech Aerospace and Manufacturing Ltd are currently trading at Rs 1,415 per share in the grey market, which is Rs 630 or 80.25 per cent higher than the IPO issue price of Rs 785. It indicates a stellar listing on December 30.
Unimech Aerospace IPO Allotment Status: The allotment of the Unimech Aerospace IPO will be finalised today, December 27, in the evening. The initial public offering of Unimech Aerospace and Manufacturing Ltd closed on Thursday and received a whopping 184.34 times subscription. The Unimech Aerospace IPO listing will take place on Tuesday, December 31. The latest GMP currently stands at 80.25 per cent, signalling a robust listing.
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The initial public offering of Unimech Aerospace and Manufacturing Ltd, which was opened on between December 23 and December 26, received an overall 184.34 times subscription. The retail category recieved a 59.19 times subscription in total, the NII (non-institutional investors) portion got 277.55 times subscription. Its QIB (qualified institutional buyer) category has been subscribed by 334.68 times.
The price band of the IPO was fixed at Rs 745 to Rs 785 apiece.
The shares of Unimech Aerospace and Manufacturing Ltd are scheduled to be listed on both BSE and NSE on December 31, Tuesday.
The IPO allotment will be finalised on the Friday evening. Once allotted, investors will receive a bank debit message. They can also check the IPO allotment status on the websites of BSE and NSE, as well as on registrar Kfin Technologies’ portal.
Unimech Aerospace IPO GMP Today
According to market observers, unlisted shares of Unimech Aerospace and Manufacturing Ltd are currently trading at Rs 1,415 per share in the grey market, which is Rs 630 or 80.25 per cent higher than the IPO issue price of Rs 785. It indicates a stellar listing on December 31.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Unimech Aerospace IPO: How To Check Allotment Status Online?
The IPO allotment status can be checked online by following these steps:
1) Go to the official BSE website via the URL —https://www.bseindia.com/investors/appli_check.aspx.
2) Under ‘Issue Type’, select ‘Equity’.
3) Under ‘Issue Name’, select ‘Unimech Aerospace and Manufacturing Ltd’ in the dropbox.
4) Enter your application number, or the Permanent Account Number (PAN).
5) Then, click on the ‘I am not a robot’ to verify yourself and hit ‘Search’ option.
Your share application status will appear on your screen.
You can also visit direct Kfin Technologies Ltd’s portal — https://ipostatus.kfintech.com/ and check the Unimech Aerospace IPO allotment status.
Unimech Aerospace IPO: More Details
The IPO comprises a fresh issue of up to Rs 250 crore and an offer-for-sale (OFS) of up to Rs 250 crore. The price range of the offer was fixed at Rs 745-785 per share.
Shares of the firm will be listed on the BSE and NSE.
Anand Rathi Advisors Ltd and Equirus Capital Private Ltd are the book running lead managers to the offer.
Unimech Aerospace is a high-precision engineering solutions company specialising in complex manufacturing solutions for the aerospace, defence, energy and semiconductor industries.
