Published:
December 26, 2024Why is there hype about Unimech Aerospace IPO
Lets understand the terms IPO. What is IPO..IPO stands for Initial Public Offering. It is the process through which a private company offers its shares to the public for the first time by listing them on a stock exchange. Essentially, an IPO transforms a privately-owned company into a publicly traded one.
Why do company release their IPO..The reason is To raise capital for growth, expansion, or debt repayment and second main reason is To provide an opportunity for early investors and founders to monetize their investments.
The initial public offering (IPO) of Unimech Aerospace has garnered massive attention, with strong subscriptions across investor categories. As of the latest update on December 26, 2024, the IPO was subscribed 132.26 times, highlighting strong interest from retail, institutional, and non-institutional investors.
The IPO has seen heavy demand across all categories. The retail portion was subscribed 48.62 times, the qualified institutional buyers (QIB) category 210.46 times, and the non-institutional investors (NII) category an impressive 224.07 times.
The global commercial aircraft fleet is projected to grow significantly, with the Asia-Pacific region expected to add 11,925 aircraft by 2042, driven by the demand for low-cost carriers and economic growth in the area.