Unimech Aerospace IPO: The initial public offering (IPO) of Unimech Aerospace and Manufacturing Limited is all set to hit the Indian primary market on December 23, 2024.
Foreign and domestic institutions that participated in the anchor included Goldman Sachs India Equity Portfolio, ICICI Prudential Transportation and Logistics Fund, Tata India Innovation Fund, Motilal Oswal, Edelweiss Trusteeship, Ashoka India Investment Fund, Abakkus Diversified Alpha Fund-2, VQ Fastercap Fund HSBC Flexi Cap, Copthall Mauritius, Clarus Capital etc.
Unimech Aerospace is a global supplier of high-precision technical solutions, specialized in the production of complex products via “build to print” and “build to specifications”.
The company is engaged in machining, manufacturing, assembly, testing and creating new products tailored to customer requirements. Unimech has customers from the aerospace, defense, energy and semiconductor industries.
As of March 31, 2024, Unimech Aerospace was operating two manufacturing facilities, Unit I and Unit II, located in Bangalore, with a total area of over 120,000 square meters, according to the draft documents filed with the Securities and Exchanges Board of India (SEBI).
