The IPO market may be slowing its pace next week, but it’s far from silent. Bengaluru-based Unimech Aerospace is poised to launch a ₹500 crore public offering on December 23, while the SME segment will witness the entries of Solar91 Cleantech and Anya Polytech, keeping the primary market vibrant.
Unimech Aerospace IPO: Aiming for the Skies
Unimech Aerospace, a leading player in precision-engineered components for aerospace, defense, and semiconductors, is all set to capture investor attention with its ₹500 crore IPO. The price band is fixed at ₹745-₹785 per share, with the offering split evenly between a fresh equity issue of ₹250 crore and an offer for sale (OFS) of ₹250 crore by key promoters.
The proceeds from the fresh issue will be allocated towards:
- Capital Expenditures
- Working Capital Needs
- Debt Repayment
- General Corporate Purposes
This IPO highlights Unimech’s ambitious growth strategy, underscoring its pivotal role in India’s aerospace and defense sector.
SME IPOs: Fresh Entries with Diverse Offerings
The SME space will see two new players next week:
- Solar91 Cleantech:
- Price Band: ₹185-₹195 per share
- Opens: December 24
- Founded by a group of IIT graduates, the company aims to use proceeds for solar project development, working capital, and corporate needs.
- Anya Polytech:
- Price: ₹14 per share
- Opens: December 26
- A budget-friendly entry, focusing on small-scale investors in the SME segment.
Listings to Watch: A Week of Market Debuts
The coming week will also witness eight companies making their stock market debuts, including notable names such as Transrail Lighting, DAM Capital Advisors, Mamata Machinery, Sanathan Textiles, and Concord Enviro. Three SME companies will also list on the BSE SME and NSE SME platforms, offering diverse opportunities across market segments.
Diverse Opportunities in the IPO Landscape
From premium-priced aerospace IPOs to budget-friendly SME entries, next week promises a varied mix of opportunities for investors. Whether it’s Unimech’s ambitious space-tech plans or the innovative ventures in the SME sector, the IPO market continues to offer something for every kind of investor.
