Unimech Aerospace & Manufacturing Ltd.

Incorporated in 2016, Unitech Aerospace and Manufacturing Limited is engaging in the manufacturing of complex tools like mechanical assemblies, electro-mechanical systems, and components for aeroengine and airframe production.The company is an engineering solutions provider specializing in the manufacturing of complex products with "build to print" and "build to specifications" offerings. This involves machining, fabrication, assembly, testing, and creating new products based on the specific requirements of clients in the aerospace, defense, energy, and semiconductor industries.Between Year 2022 and Year 2024, They have manufactured 2,356 SKUs in tooling and precision complex sub-assemblies category and 624 SKUs in the precision machined parts category, supplying to more than 26 customers across 7 countries.As of March 31, 2024, the company operates two manufacturing facilities in Bangalore, covering a total area of over 1,20,000 sq ft. Unit I, located in Peenya, spans over 30,000 sq ft, while Unit II, situated in a Special Economic Zone near Bangalore International Airport, covers over 90,000 sq ft. These facilities are registered with ISO.As of March 31, 2024, The Company had 384 employees.Products:Aero Engine tooling: Engine lifting and balancing beams,Oil Tubes Alignment Fixture, Radial Centering Support etc.Airframe tooling: Lateral Spar Assembly, Drill Jig, Airframe Assembly PlatformsPrecision Parts: Missile Component, Missile ComponentPrecision Sub System: Rocker Arm - HMC CDACompetitive Strenghths:Advanced manufacturing capabilities capable of delivering high precision engineering solutionsDigital-first manufacturing company with a robust infrastructure facilitating seamless integration of operationsEstablished player with unique capabilities in a sector with high barriers to entryExport driven player with a global delivery service modelRobust vendor ecosystem and strong sub-contractor management with proven execution capabilitiesExperienced and complementary management team with strong implementation skills and operational effectiveness

Unimech Aerospace & Manufacturing Ltd. proposes to utilise the net proceeds from the Issue for the following objects: