Popular topics to explore
UNIMECH
QIP Could Support Growth and Public Shareholding:
- Unimech Aerospace is likely to launch a ₹750 crore Qualified Institutional Placement (QIP) this month, according to reports. The issue could be launched this week or next, depending on market conditions and investor demand.
- The company has already received shareholder approval for the proposed QIP of up to ₹750 crore.
- The QIP is expected to help Unimech meet the minimum public shareholding requirement of 25%, with promoter holding currently around 79.82%.
- Management has indicated that the capital-raise resolution also provides flexibility to fund capacity expansion and capture strong demand opportunities across aerospace, defence, semiconductor and energy markets.
- Q1 FY27 consolidated revenue increased 71% YoY to ₹107.62 crore, while net profit rose 45.86% to ₹27.86 crore.#WatchOutFor#StockInNews
554 likes·43 comments



















