Business Standard

Unimech Aerospace and Manufacturing Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

500.00 cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Unimech Aerospace and Manufacturing Ltd News

    Unimech Aerospace and Manufacturing Ltd IPO Details

    Initial public offer of up to [*] equity shares of face value of Rs. 5 each (Equity Shares) of Unimech Aerospace and Manufacturing Limited (The Company or the Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (the Offer Price) aggregating up to Rs. 500.00 crores (the Offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 5 each by the company aggregating up to Rs. 250.00 crores (the Fresh Issue) and an offer for sale of up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 250.00 crores (the Offer for Sale), comprising up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 45.00 crores by Ramakrishna Kamajhola, up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 45.00 crores by Mani P, up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 45.00 crores by Rajanikanth Balaraman, up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 30.00 crores by Preetham S V and up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 85.00 crores by Rasmi Anil Kumar (referred to as the Selling Shareholders and such equity shares offered by the selling shareholders, the Offered Shares). The offer includes a reservation of up to [*] equity shares of face value of Rs. 5 each, aggregating up to Rs. [*] crores, for subscription by eligible employees not exceeding 5% of its post-offer paid-up equity share capital (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute [*]% and [*]%, respectively, of the fully diluted post-offer paid-up equity share capital of the company. The face value of the equity share is Rs. 5 each and the offer price is [*] times the face value of equity share. The employee discount (if any) price band and the minimum bid lot will be determined by the company.

    Objective of issue

    Funding od capital exp for expansion through purchase of machinery and equipment by the company. Funding working capital requirements of the company. Funding of capital exp for expansion through purchase of machinery and equipment. Funding working capital requirements. Repayment/prepayment in full or part of certain borrowings. General corporate purposes.

    Unimech Aerospace and Manufacturing Ltd Contact Details

    Unimech Aerospace and Manufacturing Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investorrelations@unimechaerospace.com

    Website - www.unimechaerospace.com