IPO GMP | New IPO open for investment, multibagger returns on first day, strong earning opportunity – IPO Watch
IPO GMP | The IPO of Unimac Aerospace Limited Company opened for investment on December 23, 2024. The IPO will remain open for investment till December 26. Unimac Aerospace Limited Company IPO is being talked about in the grey-market.
IPO shares rise in gray market
The IPO shares of Unimac Aerospace Limited Company are trading in the gray market at a premium of more than 60 percent. Unimac Aerospace Limited will raise Rs 500 crore through this IPO. Shares of Unimac Aerospace Limited will be listed on NSE and BSE.
The stock will be listed at ₹1265 as per GMP
The IPO share price band of Unimac Aerospace has been fixed at Rs 785. However, in the unlisted market i.e. gray market, the shares of the IPO company were trading at a premium of Rs 480. This means that there are indications that Unimac Aerospace Company may be listed at Rs 1,265 per share. This means that investors can get returns of more than 61 percent on the first day of listing of the share. Shares of Unimac Aerospace Company will be listed on the stock exchange on 31 December 2024. The allotment of Unimac Aerospace Company IPO shares will be finalized on December 27, 2024.
Investors can bid for a minimum of one lot and a maximum of 13 lots
Retail investors can bid for a minimum of one lot and a maximum of 13 lots in Unimac Aerospace Limited Company IPO. A total of 19 shares will be given in one lot of IPO. This means that retail investors will have to invest Rs 14,915 for 1 lot.
About the company
Unimac Aerospace Limited Company was established in 2016. Unimac Aerospace Ltd manufactures mechanical assemblies, electro-mechanical systems and aeroengine and air-frame related products.
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