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Unimech Aerospace

Defence · Bengaluru, India · Founded 2016 · IPO 2024

Unimech Aerospace and Manufacturing Ltd. is a precision engineering solutions company headquartered in Bengaluru, India, that specializes in complex manufacturing for the aerospace, defense, energy, and semiconductor industries. The company was incorporated as a private limited entity on August 12, 2016, and later converted to a public limited company on June 21, 2024. It was founded by a team of five professionals: Anil Kumar P (technology), Ramakrishna Kamojhala (finance), Rajanikanth Balaraman (software), Mani P (operations), and Preetham S.V. (leadership). Unimech operates on a "build-to-print" and "build-to-specifications" business model, focusing on high-mix, low-volume production of intricate products that require high precision and are not mass-produced. Its revenue is generated through the manufacturing and supply of these critical parts. The company serves major global original equipment manufacturers (OEMs) and their licensees, with over 90% of its sales coming from exports to markets in the USA, Germany, and the United Kingdom. Key clients include prominent names in the aerospace and aero-engine sectors, such as Boeing and Collins Aerospace, as well as clients in the energy sector like the Nuclear Power Corporation of India (NPCIL). The company's offerings are divided into two main segments: Aero-Tooling and Precision Engineered Components. The product portfolio includes aero-engine and airframe tooling, ground support equipment, electro-mechanical sub-assemblies, and other precision-engineered components. Specific products range from engine lifting and balancing beams, assembly and disassembly tooling, and engine transportation stands to missile guidance system components and parts for armored vehicles. Unimech has established two manufacturing facilities in Bengaluru, with a combined area of over 120,000 square feet, to support its operations. In July 2024, the company raised INR 250 crore (USD 30 million) in its first funding round from investors including Steadview Capital Mauritius Limited, ValueQuest Scale Fund, and Evolvence India Fund IV Ltd. Keywords: precision engineering, aerospace manufacturing, defense components, semiconductor solutions, aero-tooling, ground support equipment, electro-mechanical sub-assemblies, build-to-print, build-to-specifications, high-mix low-volume, global supply chain, aircraft engine tooling, airframe tooling, precision components, complex manufacturing, CNC machining, export-oriented, defense contracting, energy sector components, nuclear power components