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MBA Investmentwala

16th Sep · SEBI Registration INH000011185

Unimech Aerospace Plans ₹750 Crore QIP This Month

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.

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