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Unimech Aerospace gets SEBI's nod for Rs 500 crore IPO

26 Nov 2024 Evaluate

Unimech Aerospace and Manufacturing has received the Securities and Exchange Board of India’s (SEBI's) approval to raise Rs 500 crore through an initial public offering (IPO). The company’s proposed IPO is a combination of a fresh issue of equity shares worth Rs 250 crore and an offer of sale (OFS) of up to Rs 250 crore by promoter and the promoter group. The offer also includes a reservation for a subscription by eligible employees.

Funds raised from the fresh issue will be used for expansion through the purchase of machinery and equipment, funding working capital requirements, investment in its material subsidiary, payment of debt and general corporate purposes. The equity shares are proposed to be listed on BSE and NSE. 

Unimech Aerospace is a high-precision engineering solutions company specialising in complex manufacturing solutions for the aerospace, defence, energy and semiconductor industries. 


Unimech Aerospace Share Price

918.80 2.15 (0.23%)
16-Apr-2026 16:59 View Price Chart
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