Unimech Aerospace, a leading manufacturing company that specializes in complex tools and engineering solutions, made its much-awaited debut in the stock market on Tuesday. With its shares trading at a premium of almost 90 per cent against the issue price, the firm's market entry was met with overwhelming response and investor interest. Despite a slight dip in the share's gains, Unimech Aerospace's maiden issue has been declared a huge success, with its IPO being oversubscribed 175.31 times. The funds raised from the IPO are slated to be utilized towards expanding the firm's production facilities and meeting its working capital needs.