Company Overview
Established in 2016, Unimech Aerospace and Manufacturing is a prominent provider of precision-engineered solutions for industries like aerospace, defense, energy, and semiconductors.
Core Expertise
- Specialized in aero tooling, ground support equipment, and electro-mechanical sub-assemblies.
- Offers customized solutions through “build to print” and “build to specifications” approaches.
Operations
- Two state-of-the-art facilities in Bangalore, India.
- Serves global Original Equipment Manufacturers (OEMs) across seven countries.
Quality Standards
- Certified with AS9100D and ISO 9001:2015.
- Focused on high-mix, low-volume production with rigorous quality control.
Export-Driven Revenue
- More than 90% of revenue is export-based.
- Renowned for timely delivery and meeting customer-specific needs.
As of September 2024, the company’s order book stood at ₹807.52 million, showcasing its robust market presence and operational efficiency.
Product Portfolio
- Aero Engine Tooling: Lifting beams, oil tube fixtures, radial centering support.
- Airframe Tooling: Spar assemblies, drill jigs, assembly platforms.
- Precision Parts: Missile components.
- Sub-Systems: Rocker arms and other critical components.
IPO Objectives
- Fund capital expenditure for purchasing machinery and equipment.
- Meet the company’s working capital requirements.
- Address general corporate needs.
Summary of Financial Information:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 509.27 | 175.63 | 93.34 | 56.88 |
| Revenue | 127.58 | 213.79 | 94.93 | 37.08 |
| Profit After Tax | 38.68 | 58.13 | 22.81 | 3.39 |
| Net Worth | 390.1 | 108.6 | 48.85 | 27.66 |
| Reserves and Surplus | 113.71 | 86.59 | 47.8 | 26.62 |
| Total Borrowing | 74.71 | 28.86 | 22.26 | 17.12 |
Comparison with Listed Peers:
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|---|
| Unimech Aerospace and Manufacturing Limited | 8.49 | 8.49 | 85.65 | - | 9.92 | - |
| MTAR Technologies Limited | 7.54 | 7.54 | 227.42 | 237.09 | 3.32 | 7.87 |
| Azad Engineering Limited | 273.47 | 273.47 | 115.5 | 145.37 | 5.57 | 15.33 |
| Paras Defence and Space Technologies Limited | 147.98 | 147.98 | 120.45 | 146.89 | 5.71 | 9.07 |
| Dynamatic Technologies Ltd. | 230.12 | 230.12 | 1,038.98 | 37.34 | 3.32 | 7.65 |
| Data Patterns (India) Limited | 223.67 | 223.67 | 241.07 | 89.98 | 4.67 | 10.46 |
Key IPO Details:
- IPO Dates: 23 to 26 December, 2024
- Price Band: Rs. 745 to Rs. 785 per share
- Lot Size: 19 shares
- Issue Size: Rs. 500 Crores (Fresh Issue: 250 Cr.)
- Retail Quota: 35%
- Listing Date: 31st Dec, 2024
- GMP: 50%+ (for informational purposes only)
Note: For additional information & risk factors please refer to the Red Herring Prospectus
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Disclaimer: We are not SEBI registered. All the views are personal and only for educational purposes. Do your due diligence before making any trading or investing decisions. The data provided in this blog post is for illustrative purposes only and does not constitute financial advice. Always consult with a qualified financial advisor before making investment decisions.
