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HomeIPO ConnectUnimech Aerospace Makes Big Bang Debut, Lists At 90% Premium

Unimech Aerospace Makes Big Bang Debut, Lists At 90% Premium

Unimech management team at BSE listing.

Unimech is a key link in the global supply chain for global aerospace, defence, semi-conductor and energy OEMs and their licensees.

MUMBAI, Jan 1 (The CONNECT) – Closing the year 2024 with a big bang,  shares of Unimech Aerospace and Manufacturing Limited made an exceptional debut on the exchange listing at a 90% premium yesterday.

The scrip listed Rs 1491 per share on BSE, a premium of 90% and Rs 1,460 per share on NSE, a premium of 86%. The company’s share price closed at Rs 1373.20 per share on the BSE, a 76% premium, and at Rs 1,385 per share on the NSE, a 74% premium.

As per NSE, the total quantity traded stood at 84.21 lakh shares, on BSE the total Quantity stood at 6.97 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1268.2 crore.

Anil Kumar Puthan, Chairman & Managing Director, – Unimech Aerospace and Manufacturing Ltd said the milestone reflects the company’s shared passion for advancing cutting-edge technologies and shaping the future of aerospace.

The Market Capitalization of the Company at Tuesday’s closing price stood at Rs. 6,983.67 Crore as per BSE and Rs. 7,043.68 Crore as per NSE.

“We look forward to achieving greater heights together and continuing to make a meaningful impact in this dynamic industry,” Puthan said.

Incorporated in the year 2016, Unimech Aerospace and Manufacturing Limited is an engineering solutions company specializing in manufacturing and supply of critical parts such as aero tooling, ground support equipment, electro-mechanical sub-assemblies and other precision engineered components for aerospace, defence, energy, and semiconductor industries.

The company possess “build to print” capabilities and “build to specifications” capabilities and supply high precision and critical components to major OEMs and their licensees around the globe.

Unimech’s product range includes engine lifting and balancing beams, assembly, disassembly and calibration tooling, ground support equipment, airframe assembly platforms, engine transportation stands, mechanical and electro-mechanical turnkey systems, as well as precision components.

Based in Bengaluru, the Company is a key link in the global supply chain for global aerospace, defence, semi-conductor and energy OEMs and their licensees for the supply of critical parts like aero tooling, ground support equipment, electro-mechanical sub-assemblies and other precision engineered components. Its key clients include some of the world’s top airframe and aero-engine OEMs and their approved licensees.

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