Unimech Aerospace IPO: The initial public offering (IPO) of Unimech Aerospace and Manufacturing Limited will be listed on the primary market in India on December 23, 2024.
Domestic and foreign institutions participating in the anchor include Goldman Sachs India Equity Portfolio, ICICI Prudential Transportation & 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 provider of high-precision engineering solutions specializing in the manufacturing of complex products through Make-to-Print and Make-to-Spec products.
The company is involved in machining, manufacturing, assembly, testing and customizing new products according to customer requirements. Unimech’s customers come from the aerospace, defense, energy and semiconductor industries.
According to draft filings with the Securities and Exchange Board of India, Unimech Aerospace operates two manufacturing facilities, Unit I and Unit II, in Bengaluru, with a total area of over 120,000 sq. ft. as of March 31, 2024 (Securities and Exchange Board of India).