IPO (initial public offering) of Unimech Aerospace Ltd. has been concluded after a three-day bidding period on Thursday, December 26, 2024. The company has finalized the share allotment. The IPO saw a great overall subscription, reaching 175.31 times the available shares on the third day. As per the data, the issue received the bids for 82.46 crore shares, significantly exceeding the 47.04 lakh shares available. Here’s how different groups subscribed:
- Qualified Institutional Bidders (QIBs): 317.63 times.
- Non-institutional investors (NIIs): 263.78 times.
- Retail investors: 56.74 times their allotted quota.
- Employees Quota: 97.81 times.
The company’s IPO started on December 23, 2024, and concluded on December 26, 2024. The company aimed to raise Rs 500 crores from this share sale. Furthermore, the minimum investment requirement was 19 shares. The company offered 47.04 lakh shares for sale, with a price band of Rs 745 to Rs 785 apiece.
Unimech Aerospace IPO: GMP
In the grey market, Unimech Aerospace Ltd’s shares maintained a premium of Rs 631. Furthermore, this suggests a potential listing price of Rs 1,416, representing a significant 80.25% premium from the upper band of IPO price of Rs 785.
Simple Steps To Check Share Allotment Status
On Registrar’s Website
- Check into the Kfin Technologies website at https://ipostatus.kfintech.com/.
- Choose ‘Unimech Aerospace and Manufacturing Ltd’ from the ‘Select IPO’ menu.
- Enter one of the following: IPO application number, Demat account number, or PAN number.
- Enter the Captcha and click on the ‘Submit’ button.
On BSE’s Website
- Go to the BSE’s IPO allotment page – https://www.bseindia.com/investors/appli_check.aspx.
- Choose ‘Issue Type’ as ‘Equity’.
- Choose ‘Unimech Aerospace and Manufacturing’, from the ‘Issue name’ dropdown menu.
- Enter your application number or PAN number.
- Tab on ‘Search’.
NSE’s Website
- Go to the NSE’s bid verification page.
- Existing users have to log in, whereas new users will have to sign up.
- Choose ‘Unimech Aerospace and Manufacturing’ from the IPO dropdown list.
- Enter the details like PAN and application number.
- Click on the ‘Submit’ button and check your share allotment status.
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