Unlisted shares of Unimech Aerospace were trading at Rs 1,265 apiece, reflecting a grey market premium (GMP) of Rs 480 or 61.
The brokerage emphasised the company’s experienced management team and growth potential as it prepares to launch its IPO."With two ISO-certified facilities in Bengaluru spanning 1,20,000 sq.ft.and a skilled workforce of 384 employees, Unimech is equipped to deliver advanced engineering solutions.
Incorporated in 2016, Unimech Aerospace and Manufacturing specialises in the production of complex tools, including mechanical assemblies, electromechanical systems, and components for aero-engine and airframe production.
The story "Unimech Aerospace IPO opens today: GMP up 61%; Should you subscribe?" has 853 words across 39 sentences, which will take approximately 4 - 8 minutes for the average person to read.
Which news outlet covered this story?
The story "Unimech Aerospace IPO opens today: GMP up 61%; Should you subscribe?" was covered 7 hours ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 210 news stories per day.
It's most recent story was published 3 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
