Fri Dec 27 08:30:00 UTC 2024: **Unimech Aerospace IPO Allotment Begins; Shares Command 80% Grey Market Premium**

**MUMBAI, INDIA – December 27, 2023** – The highly oversubscribed Unimech Aerospace IPO, which closed yesterday with a staggering 174.93 times subscription, is now allotting shares to successful bidders. The Rs 500-crore initial public offering saw a massive demand, with investors booking over 82.28 crore shares against the 47.04 lakh shares available. The shares were priced between Rs 745 and Rs 785.

Investors can check their allotment status through several channels: the registrar KFin Technologies’ website (https://evault.kfintech.com/ipostatus/), the National Stock Exchange of India (NSE) website (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp), or the Bombay Stock Exchange (BSE) website. Detailed instructions on how to check allotment status on each platform are provided in the original release.

Before listing on the BSE and NSE on December 31, Unimech Aerospace shares are already commanding a significant grey market premium (GMP) of over 80 percent, according to market observers. One source quoted a GMP of Rs 630, suggesting a potential listing gain of nearly 80.25 percent.

This high demand reflects investor confidence in Unimech Aerospace, a high-precision engineering solutions company. However, potential investors are advised to consult with certified financial experts before making any investment decisions.

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