Unimech Aerospace shares make stellar debut, list at 90% premium on BSE - Unimech Aerospace
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Unimech Aerospace IPO listing:Shares of Unimech Aerospace and Manufacturing made a stellar debut on bourses on Tuesday, December 31, 2024, listing at Rs 1,491 per share, reflecting a premium of Rs 706, or 89.9 per cent, against the issue price of Rs 785 on the BSE. 

On the National Stock Exchange (NSE), Unimech Aerospace shares listed at Rs 1,460, commanding a premium of 85.99 per cent or Rs 675. Unimech Aerospace IPO listing was slightly above the market expectations. 

Ahead of the listing, Unimech Aerospace IPO shares were trading at Rs 1,410 per share, reflecting a grey market premium (GMP) of Rs 625, or 79.62 per cent, over the issue price, according to sources tracking grey market activities. With a listing premium of nearly 90 per cent, Unimech Aerospace IPO turned out to be a multibagger investment for investors who received the Unimech IPO allotment.  

Unimech Aerospace’s initial public offering (IPO) was a book-built issue of Rs 500 crore. It was a combination of a fresh issue of 3.2 million shares, aggregating to Rs 250 crore and an offer for sale of 3.2 million shares, aggregating to Rs 250 crore. The price band of the Unimech IPO was set at Rs 745 to Rs 785 per share, with a lot size of 19 shares. Unimech Aerospace IPO had received an overwhelming response from investors.

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