IPO Watch | New IPO will open for investment, lottery will be held on the first day, strong earning opportunity – IPO GMP
IPO Watch | The IPO of Unique Aerospace and Manufacturing Limited Company will open for retail investors from December 23 to December 26. The IPO share price band of Unimech Aerospace and Manufacturing Company has been fixed at Rs 745-785. In this IPO, investors will get 19 shares in one lot. This means that retail investors will have to invest at least Rs 14,915.
Company will raise Rs 500 crore through IPO
Unimech Aerospace and Manufacturing Company will raise Rs 500 crore through this IPO. Unimech Aerospace Company will issue 3.2 million new shares through IPO. Under OFS, Unimac Aerospace will issue 32 lakh shares worth Rs 250 crore. Unimech Aerospace Company IPO shares will be listed on BSE and NSE.
Grey-market status of IPO
Unimech Aerospace & Manufacturing Company's IPO stock is sending positive signals to the grey-market. According to InvestorsGain.com company report, the IPO share is trading at Rs 425 in the gray market. There has been an increase of Rs 20 in GMP on Saturday as compared to Friday. 50 per cent stake in the IPO of Unimech Aerospace and Manufacturing Company has been reserved for qualified institutional buyers. At least 35% stake has been reserved for retail investors. Also, 15 percent stake will be reserved for non-institutional investors.
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