Unimech Aerospace and Manufacturing Limited has released its Monitoring Agency Report for the quarter ended March 31, 2026. The report details the status of ₹250 crore raised through its Initial Public Offering. Key updates include the successful reallocation of funds toward new growth initiatives, including Mergers & Acquisitions, Greenfield Projects, and Joint Ventures, following shareholder approval received via postal ballot in December 2025.
Utilization of IPO Proceeds
As of March 31, 2026, Unimech Aerospace continues to manage its IPO proceeds with a focus on capital expansion and long-term growth. While portions of the funds have been fully utilized for capital expenditure in machinery and equipment, the company has strategically reallocated ₹61.29 crore toward a newly established object focused on Mergers & Acquisitions (M&A), Greenfield Projects, and Joint Ventures. This reallocation was formally approved by shareholders on December 19, 2025.
Status of Planned Investments
The company maintains a steady trajectory for its capital allocation. Funding for working capital requirements remains on track for utilization in FY2026-27. Projects related to M&A and Greenfield initiatives are currently ongoing, with management planning for significant activity in April 2026. Capital expenditure for machinery upgrades at the company and its material subsidiary has been largely completed, meeting the operational capacity expansion goals set forth in the original prospectus.
Deployment of Surplus Funds
The company continues to hold its unutilized proceeds in secure, interest-bearing instruments. As of the end of the quarter, surplus funds totaling ₹96.70 crore are deployed in fixed deposits across ICICI Bank and Axis Bank. These investments are yielding stable returns, with maturity dates ranging through May 2026, ensuring the company maintains liquidity while awaiting the deployment of funds for future strategic acquisitions and operational requirements.
Source: BSE
