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₹1,120.00a day ago
₹1,159.80a day ago
Unimech Aerospace and Manufacturing Limited was originally incorporated as ‘Unimech Aerospace and Manufacturing Private Limited’ under the provisions of the Companies Act, 2013 pursuant to a certificate of incorporation dated August 12, 2016, issued by the Central Registration Centre, for and on behalf of the Jurisdictional Registrar of Companies, Karnataka at Bangalore (RoC). The name of the company was subsequently changed to ‘Unimech Aerospace and Manufacturing Limited’, upon conversion of the company from a private limited to a public limited company, pursuant to a board resolution dated February 14, 2024, and a shareholders’ resolution dated March 4, 2024. A fresh certificate of incorporation dated June 21, 2024, was issued by the RoC.Unimech Aerospace and Manufacturing is an engineering solutions company specializing in manufacturing and supply of critical parts such as aero tooling, ground support equipment, electro-mechanical sub-assemblies and other precision engineered components for aerospace, defence, energy, and semiconductor industries. It possesses ‘build to print’ capabilities, wherein it manufactures products based on client designs, and ‘build to specifications’ capabilities, wherein it assists clients in designing the products to be manufactured basis specifications. The company supplies high precision and critical components to major OEMs and their licensees worldwide. Its export-oriented business has a diverse product portfolio and strong focus on quality and timely delivery.The company’s product portfolio includes, inter alia, engine lifting and balancing beams, assembly, disassembly and calibration tooling, ground support equipment, airframe assembly platforms, engine transportation stands, mechanical electro-mechanical turnkey systems, and precision components. It is a key link in the global supply chain for global aerospace, defence, semi-conductor and energy OEMs and their licensees for the supply of critical parts like aero tooling, ground support equipment, electro-mechanical sub-assemblies and other precision engineered components. The company’s key clients include top global airframe and aero-engine OEMs and their approved licensees.The salient features of its products are complexity and a high-mix, low volume nature, characterized by high mix products which are not mass manufactured. It offers a wide range of products (SKUs) but produce relatively small quantities of each based on specific customer requirements. Its ability to efficiently manufacture even single units of a particular SKU provides it with the flexibility to optimize pricing and maintain high profit margins. Factors such as on-time delivery and product quality significantly influence its pricing strategy. It adheres to stringent quality standards and measures as per AS9100D BS EN ISO 9001:2015, being the industry norms for aerospace.Business area of the companyThe company is engaging in the manufacturing of complex tools like mechanical assemblies, electro-mechanical systems, and components for aeroengine and airframe production.Products of the companyAero engine toolingEngine lifting and balancing beamsFixture to lift and turn - hp compressor aft spoolOil tubes alignment fixtureFixture to torque nut of booster shaftRadial centering supportFixture to lift fan assemblyFixture - Installation HPT FWD Outer SeaStrongback fixture for LPT assemblyFixture - Hydraulic expanderHydraulic manifold kitHeater for adapter LPT shaft installationAirframe toolingLateral spar assemblyDrill JigAirframe assembly platformsPrecision PartHead end domeMissile componentPrecision sub systemRocker Arm - HMC CDAComplex Electro - Mechanical AssembliesSemiconductorMTG blockTCU blockTest assembly setup History and milestones2016: Incorporated as ‘Unimech Aerospace and Manufacturing Private Limited’, as a private limited company under the Companies Act.2017: Acquisition of business and business assets from M/s. Unimech Consulting Engineers.2018: Incorporated its Subsidiary, namely, Innomech Aerospace Toolings Private Limited.2024: Conversion into a public limited company under the name ‘Unimech Aerospace and Manufacturing Limited’.2024: Investment of Rs 2,500.00 million by ValueQuest SCALE Fund, Steadview Capital Mauritius Limited and Evolvence India Fund IV Ltd in the Company.2024: Entered into share subscription and shareholders agreement to subscribe compulsorily convertible preference shares of Dheya Engineering Technologies Private Limited (Dheya) amounting to 30% of the issued share capital of Dheya in three tranches.
