Unimech Aerospace and Manufacturing Limited IPO Allotment Status: Check Allotment Status Online on BSE, NSE & Kfin Technologies

Use of Proceeds

The company plans to use the net proceeds from the fresh issue to fund several objectives, including capital expenditure for expansion through the purchase of machinery and equipment, meeting its working capital requirements, and investing in its material subsidiary. The investment in the subsidiary will be used for purchasing machinery and equipment, funding its working capital needs, and partially or fully repaying certain borrowings. Additionally, a portion of the funds will be allocated for general corporate purposes. However, the company will not receive any proceeds from the offer for sale by the selling shareholders, as these will not be part of the net proceeds.

Checking the Allotment Status

Steps to Check Allotment Status on BSE 

1. Log on to the IPO allotment page on the BSE website here. 
2. Click on 'Equity' under the Issue Type dropdown menu. 
3. Select 'Unimech Aerospace and Manufacturing Limited’ under the issue name. 
4. Enter your application number or PAN. 
5. Clear the 'Captcha' to verify that you are not a robot. 
6. Select the 'Search' option to view your allotment status.

Steps to Check Allotment Status on NSE

1. Visit NSE’s IPO bid verification page here.
2. Register on the website if you are a new user.
3. Select 'Unimech Aerospace and Manufacturing Limited’.
4. Enter details such as your application number.
5. Click on ‘Get Data’.

Steps to Check Allotment Status on Kfin Technologies

1. Visit the IPO allotment status page on the official website of KFin Technologies here. 
2. Select ‘Unimech Aerospace and Manufacturing Limited’ from the list of companies. 
3. Choose any of these— Application Number, Demat account number or PAN. 
4. Enter details on the basis of your selection. 
5. Clear Captcha to proceed. 
6. Click Submit to check the allotment status.

Unimech Aerospace and Manufacturing Business Overview

Founded in 2016, Unitech Aerospace and Manufacturing Limited specializes in producing advanced tools such as mechanical assemblies, electro-mechanical systems, and components for aero engines and airframes. The company offers engineering solutions, including "build to print" and "build to specifications" manufacturing, serving aerospace, defense, energy, and semiconductor industries.

From 2022 to 2024, the company produced 2,356 SKUs in tooling and sub-assemblies and 624 SKUs in precision machined parts, catering to 26+ customers across seven countries.

As of March 31, 2024, Unitech operates two ISO-certified manufacturing units in Bangalore, spanning over 1,20,000 sq ft. Unit I (30,000 sq ft) is in Peenya, while Unit II (90,000 sq ft) is in a Special Economic Zone near Bangalore International Airport.

Unimech Aerospace and Manufacturing IPO Day 3 Subscription Status 

(December 26, 2024, End of Day)

By the third day of bidding, Unimech Aerospace and Manufacturing Limited had been subscribed 175.31 times the total number of shares available. The Non-Institutional Investors (NIIs) segment subscribed 263.78 times their allotted portion, while the Retail Investors segment subscribed 56.74 times the shares reserved for them. The Qualified Institutional Buyers (QIBs) category recorded a subscription of 317.63 times, and the Employees category saw a subscription of 97.81 times.