
n a rare move for a bootstrapped company, Unimech Aerospace and Manufacturing has granted 98,526 stock options to employees — signaling a mature shift toward inclusive growth and institutional governance.
At a time when employee stock ownership plans (ESOPs) are largely the domain of VC-funded startups or large conglomerates, Unimech Aerospace and Manufacturing has taken a progressive leap. On 13 May 2025, the company’s Nomination and Remuneration Committee approved the grant of 98,526 stock options under the “Unimech Employee Stock Option Plan 2024” (ESOP 2024), as disclosed in the regulatory filings.
Notably, Unimech is a bootstrapped company—growing organically without external equity capital. In such firms, ESOPs are uncommon due to dilution sensitivity and lean capital structures. This grant, therefore, isn’t just a corporate action—it’s a strategic signal.
A Multibagger for Investors
With a listing premium of nearly 90%, the IPO turned into a multi-bagger investment for those who secured allotments during the subscription period. Analysts tracking the grey market had forecast a positive debut, but the near-90% surge exceeded most predictions.