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Apsis Aerocom Limited IPO
Precision Engineering · Aerospace · Defence · Healthcare
⬡ SME IPO
NSE SME
₹110
Issue Price
₹35.77 Cr
Issue Size
Mar 18, 2026
Listing Date
₹132.57 Cr
Market Cap (Pre-IPO)
📅 IPO Timetable
All dates tentative
🔓
IPO Opens
Wednesday, 11 March 2026
Bidding starts — apply before close
🔒
IPO Closes
Friday, 13 March 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Monday, 16 March 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Tuesday, 17 March 2026
Unallotted funds returned; shares credited to demat
🏷️
Listing on NSE SME
Wednesday, 18 March 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date11 March 2026 (Wed)
IPO Close Date13 March 2026 (Fri)
Listing Date18 March 2026 (Wed)
Face Value₹10 per share
Price Band₹104 to ₹110 per share
Issue Price (Upper Band)₹110 per share
Issue TypeBook Build — Fresh Issue Only
Total Issue Size32,52,000 shares (₹35.77 Cr)
Fresh Issue32,52,000 shares (₹35.77 Cr)
Market Maker Reservation1,65,600 shares (₹1.82 Cr)
Net Offered to Public30,86,400 shares (₹33.95 Cr)
Pre-Issue Shares87,99,921
Post-Issue Shares1,20,51,921
Lot Size1,200 shares
Promoter Holding (Pre)100%
Promoter Holding (Post)73.02%
Market Cap (Pre-IPO)₹132.57 Cr
Listing ExchangeNSE SME
Lead ManagerOneview Corporate Advisors Pvt. Ltd.
RegistrarIntegrated Registry Management Services Pvt. Ltd.
💰 Lot Size & Minimum Investment
At issue price ₹110
| Investor Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min & Max) | 2 | 2,400 | ₹2,64,000 |
| S-HNI — Minimum | 3 | 3,600 | ₹3,96,000 |
| S-HNI — Maximum | 7 | 8,400 | ₹9,24,000 |
| B-HNI — Minimum | 8 | 9,600 | ₹10,56,000 |
👥 Investor Reservation
SEBI mandated allocation
Of the net public issue of 30,86,400 shares, SEBI mandates the following minimum allocation:
≥ 35%
Retail (RII)
Min & Max 2 lots
2,400 shares
≥ 15%
NII / HNI
sNII: 3–7 lots
bNII: 8+ lots
≤ 50%
QIB
Mutual funds
FIIs, banks
💡 Note: This is an SME IPO. Retail investors must apply for exactly 2 lots (2,400 shares at ₹2,64,000) — there is no separate minimum and maximum for retail; the application size is fixed at 2 lots.
📈 Company Financials
Restated · ₹ Crore
| Metric | FY 2024–25 | FY 2023–24 | FY 2022–23 |
|---|---|---|---|
| Total Assets | 18.58 | 11.93 | 7.22 |
| Total Income | 20.57 | 16.88 | 10.41 |
| PAT | 6.64 | 2.55 | 1.03 |
| EBITDA | 10.20 | 4.10 | 1.93 |
| Net Worth | 10.57 | 3.93 | 1.37 |
| Reserves & Surplus | 9.59 | 2.95 | 0.40 |
| Total Borrowings | 2.84 | 1.32 | 2.07 |
Revenue Growth
FY 2022–23₹10.41 Cr
FY 2023–24₹16.88 Cr
FY 2024–25₹20.57 Cr
🎯 Key Performance Indicators
91.60%
ROE
FY 2024–25
65.76%
ROCE
FY 2024–25
32.39%
PAT Margin
FY 2024–25
49.78%
EBITDA Margin
FY 2024–25
62.82%
RoNW
FY 2024–25
9.16x
Price to Book
FY 2024–25
⚖️ Valuation & EPS
Pre-IPO EPS
₹7.54
FY25 earnings + pre-issue shares
P/E: 14.58x
Post-IPO EPS
₹5.51
FY25 earnings + post-issue shares
P/E: 19.97x
Price to Book Value
9.16x
At issue price ₹110
Market Cap (Pre-IPO)
₹132.57 Cr
At issue price ₹110
ℹ️
Pre-IPO EPS uses pre-issue shares (87,99,921) and FY25 earnings. Post-IPO EPS uses post-issue shares (1,20,51,921) and FY25 earnings. Indicative figures from the DRHP.
🎯 Objects of the Issue
Net proceeds utilisation
1
Funding Capital Expenditure towards purchase of Machinery
₹27.02 Cr
2
General corporate purposes (balance of net proceeds)
Balance
🏢 About Apsis Aerocom Limited
Est. 2022 · Bengaluru
Incorporated in 2022, APSIS Aerocom Limited is engaged in precision engineering, specialising in the manufacture of components and related services for the aerospace, defence, and healthcare industries.
The company operates a manufacturing facility in Peenya Industrial Area, Bangalore, equipped with CNC machines capable of handling parts up to 1,200 mm in length. The facility supports CAD/CAM-based design, process development, and precision machining for end-to-end production.
The company has a domestic presence in Karnataka, Telangana, and Maharashtra, and an international footprint in the USA, Netherlands, Spain, and Israel.
As of March 31, 2025, the company employs 101 personnel (including promoters) and provides end-to-end manufacturing capabilities from client drawings to final product delivery for both domestic and global customers.
Key Highlights
✈️Aerospace, defence & healthcare precision component manufacturer
🏭State-of-the-art CNC facility in Peenya Industrial Area, Bangalore (Shed 1 & 2)
🌍International presence in USA, Netherlands, Spain, and Israel
📈Revenue grew 22% and PAT grew 160% between FY24 and FY25
🔧End-to-end capabilities: machined components, surface finishing, assembly, QC & final inspection
Company Promoters
BK
Basavaraju Kanakatte Shivakumar
Promoter, Apsis Aerocom Limited
VM
Vinod Kumar Mariyappan
Promoter, Apsis Aerocom Limited
MP
Mihir Kumar Pradhan
Promoter, Apsis Aerocom Limited
⚠️
Disclaimer: This page presents publicly available information from the Apsis Aerocom IPO DRHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
📅 Key Dates
IPO Opens11 Mar 2026
IPO Closes13 Mar 2026
Allotment16 Mar 2026
Refund & Credit17 Mar 2026
Listing Day18 Mar 2026
💡 Quick Summary
Price Band₹104 – ₹110
Issue Price₹110 / share
Lot Size1,200 shares
Min. Investment (Retail)₹2,64,000
Issue Size₹35.77 Cr
Issue TypeFresh Issue Only
Market Cap₹132.57 Cr
ListingNSE SME
🏦 Registrar & Lead Manager
Registrar
Integrated Registry Management Services Pvt. Ltd.
📞 044-28140801 to 28140803
ipo@integratedindia.in
ipo@integratedindia.in
Lead Manager
Oneview Corporate Advisors Pvt. Ltd.
📍 Company Address
Apsis Aerocom Limited
Plot No. 392/1, 10th Cross Road,
IV Phase, Peenya Industrial Area,
Bengaluru, Karnataka – 560058
📞 +91 8049932834
cs@apsisaerocom.com
Plot No. 392/1, 10th Cross Road,
IV Phase, Peenya Industrial Area,
Bengaluru, Karnataka – 560058
📞 +91 8049932834
cs@apsisaerocom.com
🛡️ Regulatory Note: SME IPO investments carry higher risk than mainboard IPOs. Always read the DRHP before applying. Consult a SEBI-registered advisor before investing.
📊
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