Defense/Aerospace - Listed on 07 January 2025
Unimech Aerospace (Defense/Aerospace) closed its IPO window in 2025 and listed on NSE and BSE on 07 January 2025 at an upper band issue price of Rs 785, opening at Rs 1460 for a listing gain of +86.0% and closing day one at Rs 1376.25 (+75.3% on closing basis). The IPO was subscribed 174.71x overall - QIB 317.63x, HNI/NII 263.11x, Retail 55.84x. The total issue size was Rs 500 Cr (Fresh Issue Rs 250 Cr, OFS Rs 250 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Defense/Aerospace
Unimech Aerospace operates in the Defense/Aerospace space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Unimech Aerospace issue was offered at an upper price of Rs 785 and raised approximately Rs 500 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 400 | +50.96% |
| Day 2 | Rs 400 | +50.96% |
| Day 3 | Rs 450 | +57.32% |
| Day 4 | Rs 500 | +63.69% |
| Day 5 | Rs 605 | +77.07% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Unimech Aerospace IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Unimech Aerospace IPO listed at +86.0% versus the upper issue price of Rs 785 on 07 January 2025.
Unimech Aerospace IPO was subscribed 174.71x overall. QIB portion was subscribed 317.63x, HNI / NII 263.11x and Retail 55.84x.
IPO GMP started at Rs 400 on Day 1 and moved to Rs 605 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.