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flag Unimech Aerospace & Manufacturing Ltd files draft papers for a Rs 500 crore IPO, including a fresh issue and OFS by promoters.

flag Unimech Aerospace & Manufacturing Ltd, a Bengaluru-based precision engineering firm, filed draft papers with Sebi for a Rs 500 crore IPO. flag The IPO comprises a fresh issue of Rs 250 crore and an OFS of up to Rs 250 crore by promoters. flag Funds will be used for expansion, working capital, debt repayment, and general purposes. flag Unimech recently raised Rs 250 crore from investors in private placement financing. flag Anand Rathi Advisors and Equirus Capital are the book-running lead managers.

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