Unimech Aerospace IPO has a fresh issue of up to ₹250 crore and an offer-for-sale (OFS) of up to ₹250 crore. Price band for the offer has been fixed at ₹745-785 per share. The firm is a high-precision engineering solutions company.

Bengaluru-based Unimech Aerospace and Manufacturing sold its shares in the price band of Rs 745-785 apiece, which could be applied for a minimum of 19 shares and its multiples to raise Rs 500 crore.

The ₹500-crore IPO, which was open for subscription from December 23 to December 26, witnessed robust demand, being oversubscribed by 175 times.

Unimech Aerospace IPO allotment status online check can be done through the websites of BSE and NSE along with the official portal of IPO registrar. Kfin Technologies is Unimech Aerospace IPO registrar.

The initial public offering (IPO) of Unimech Aerospace & Manufacturing scheduled to list on 31 December after receiving nearly 200 times bid in three days.  The Rs 500 crore IPO consisted of fresh issue worth Rs 250 crore and an equivalent offer-for-sale (OFS) component worth Rs 250 crore with the price band fixed at Rs 745 to 785 per equity share.

Once the Unimech Aerospace IPO share allotment is finalised, investors can check their allotment status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue

According to stock market observers, shares of the company are available at a premium of ₹511 in the grey market today

Unimech Aerospace and Manufacturing Ltd's initial public offering (IPO) gained remarkable traction, being subscribed 174.93 times its initial bid. The Rs 500-crore offer attracted significant interest from Qualified Institutional Buyers,

Unimech Aerospace shares were quoted at Rs 1,415 apiece, reflecting a grey market premium (GMP) of Rs 630, or 80.25 per cent against the upper end of the IPO price

Investors must apply for at least 19 shares, which translates to a minimum investment of ₹14,915. For small Non-Institutional Investors (NIIs), the minimum application size is 14 lots or 266 shares, which will require an investment of ₹2,08,810. Meanwhile, large NIIs have to apply for at least 68 lots or 1,292 shares, which will cost ₹10,14,220.