Unimech Aerospace and Manufacturing Limited IPO

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They are an engineering solutions company specializing in the manufacturing and supply of critical components for industries such as aerospace, defence, energy, and semiconductors. Their expertise spans both “build-to-print” (manufacturing based on client designs) and “build-to-specifications” (design assistance based on client requirements) capabilities, enabling us to meet diverse and complex customer needs.

Core Offerings

Their product portfolio includes:
i. Aero Tooling and Ground Support Equipment
ii. Electro-Mechanical Sub-Assemblies
iii. Precision Engineered Components

They focus on complex, high-mix, low-volume products, where each product is often customized to meet specific customer requirements.

Diverse Portfolio:

i. Between Fiscal 2022 and the six months ended September 30, 2024, they have produced:
a. 2,999 SKUs in tooling and precision complex sub-assemblies.
b. 760 SKUs in precision machined parts.

ii. Supplied to 26+ customers globally, reinforcing our strong market presence.

Conclusion

As an engineering solutions company with build-to-print and build-to-specifications capabilities, they specialize in critical components for aerospace, defence, energy, and semiconductor industries. Their ability to manufacture complex, high-mix, low-volume products positions them as a preferred supplier to top global OEMs. By maintaining quality standards and ensuring on-time delivery, they continue to strengthen their role as an integral part of the global supply chain.

Objects of the Unimech Aerospace and Manufacturing Limited IPO:

The Company intends to utilise the Net Proceeds from the Fresh Issue towards funding the following objects: i. Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company ii. Funding working capital requirements of the Company iii. Investment in the Material Subsidiary for: (i) purchase of machineries and equipment; (ii) funding its working capital requirements; and (iii) repayment / prepayment, in full or part, of certain borrowings availed by their Material Subsidiary iv. General corporate purposes. Total number of share issue :- i. Fresh issue is 31,84,712 shares, ii. Offer for sale is 31,84,712 shares.
DRHP of Unimech Aerospace and Manufacturing Limited IPO
RHP of Unimech Aerospace and Manufacturing Limited IPO

Unimech Aerospace and Manufacturing Limited IPO Details:

Open Date: Dec 23 2024
Close Date: Dec 26 2024
Total Shares: 63,69,424
Face Value: ₹ 5 Per Equity Share
Issue Size: 500.00 Cr.
Lot Size: 19 Shares
Issue Price: ₹ 745 - 785 Per Equity Share
Listing At: NSE,BSE
Listing Date: Dec 31 2024

Promoters And Management:

Anil Kumar P, Chairman, Managing Director, and Promoter of the Company, has been associated with the Company since September 1, 2018. He holds a diploma in mechanical engineering from the Board of Technical Examinations, Karnataka, and a B.Tech in mechanical engineering (CIM) from IGNOU, New Delhi. With over 20 years of experience in the manufacturing sector, he previously held roles at Quality Engineering & Software Technologies, CIM Tools Private Limited, and INCITE CAM Centre. He currently oversees business development functions in the Company. Ramakrishna Kamojhala, Whole-time Director, Chief Financial Officer, and Promoter of the Company, has been associated with the Company since July 31, 2017. He oversees finance and compliance functions and is a fellow member of ICAI, ICWAI, and ICSI. He holds an MBA from the National Institute of Business Management, Chennai, and completed the Middle Management Programme at IIM Ahmedabad. With over 13 years of experience in the financial and secretarial fields, he previously served as Company Secretary at International Aerospace Manufacturing Private Limited. Mani P, Whole-time Director and Promoter of the Company, has been associated with the Company since September 1, 2018. He oversees business operations and holds a B.Tech in Mechanical Engineering (CIM) from IGNOU, New Delhi, and an MBA from Toulouse Business School, France. With over 19 years of experience in business operations, he previously held roles at International Aerospace Manufacturing, Goodrich Aerospace Services, and Maini Precision Products.

Financials of Unimech Aerospace and Manufacturing Limited IPO:

In Cr.
Particulars Sep 30, 2024 March 31, 2024 March 31, 2023 March 31, 2022
Revenue from Operations 120.65 208.77 94.16 36.34
Revenue Growth - 121.71% 159.06% -
EBITDA Margins 40.47% 37.93% 36.70% 21.25%
PAT Margins 32.06% 27.85% 24.23% 9.33%
ROCE - 54.36% 42.87% 10.34%
CFOA 50.02 23.63 1.35 1.52

Comparison With Peers:

Companies Revenue EBITDA Margins PAT Margins D/E Ratio MCap P/E
Unimech Aerospace and Manufacturing         (FY 2024) 208.77 37.93% 27.85% 0.19 3,992.27 Cr 68.68
MTAR Technologies (TTM) 580 Cr. 16% 6.72% 0.26 5,173 Cr. 133
Azad Engineering (TTM) 392 Cr. 35% 17.86% 0.24 9,921 Cr. 142
Paras Defence & Space Technologies (TTM) 315 Cr. 23% 13.33% 0.15 4,033 Cr. 95.40
Dynamatic Technoologies      (TTM) 1,424 Cr. 12% 6.46% 0.79 5,719 Cr. 114
Data Patterns (India) (TTM) 517 Cr. 43% 35.78% 0.00 13,977 Cr. 75.50

Recommendation on Unimech Aerospace and Manufacturing Limited IPO:

Review and Recommendation of Unimech Aerospace and Manufacturing IPO by team IZ is 5/10.

Lead Manager of Unimech Aerospace and Manufacturing Limited IPO:

  1. Anand Rathi Securities Limited
  2. Equirus Capital Private Limited

Registrar of Unimech Aerospace and Manufacturing Limited IPO:

  1. Kfin Technology Private Limited

Company Address:

Unimech Aerospace and Manufacturing Limited 538, 539, 542 & 543, 7 th Main of Peenya IV Phase Industrial Area, Yeshwanthpur Hobli, Bangalore North Taluk - 560058 Phone: 080-4204 6782 Email: investorrelations@unimechaerospace.com Website: https://unimechaerospace.com/

Discussion on Unimech Aerospace and Manufacturing Limited IPO:

1 Comment

    Applied along with all friends and family members. No one got allotment. Will buy it and keep for long term. Look good

    Reply

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