Unimech Aerospace and Manufacturing lists with 90% premium on the BSE
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Unimech Aerospace and Manufacturing has debuted at Rs 1491.00 on the BSE, up by 706 points or 89.94% from its issue price of Rs 785.00.
The scrip is currently trading at Rs 1382.15, up by 597.15 points or 76.07% from its issue price.
It has touched a high and low of Rs 1491.00 and Rs 1355.05 respectively. So far 4.37 lakh shares were traded on the counter.
The offering, which was open for subscription between December 23, 2024 and December 26, 2024 was subscribed 175.31 times. The issue price was fixed at Rs 785.00 per share i.e. at upper end of price band of Rs 745-785 apiece.
Unimech Aerospace and Manufacturing is engaging in the manufacturing of complex tools like mechanical assemblies, electro-mechanical systems, and components for aeroengine and airframe production.
