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Apollo Techno Industries SME IPO

Apollo Techno Industries came to market through an SME IPO that opened on 23 December 2025 and closed on 26 December 2025, and the shares listed on 31 December 2025 on BSE SME. The price band was ₹123 to ₹130 per share and one lot was 1000 shares, so the minimum application was ₹1,30,000. The issue size was ₹47.96 crore. The whole issue was fresh shares, so the money raised went to the company.

MUFG Intime India Pvt.Ltd was the registrar to the issue, and Beeline Capital Advisors Pvt.Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹123 to ₹130
Lot size
1000 shares
Minimum investment
₹1,30,000
Face value
₹10 per share
Issue size
₹47.96 crore
Fresh issue
36,89,000 shares (aggregating up to ₹47.96 crore)
Listing at
BSE SME
Registrar
MUFG Intime India Pvt.Ltd
Lead managers
Beeline Capital Advisors Pvt.Ltd

Timeline

Opens
23 December 2025
Closes
26 December 2025
Allotment
29 December 2025
Listing
31 December 2025

Subscription status by day

As of 26 December 2025.

Day
1
2
3

About Apollo Techno Industries

Incorporated in the year 2016, the Apollo Techno Industries Limited is an enterprise that falls under the manufacturing and technology category. The firm focuses on trenchless technology and foundation machinery, and their products include Horizontal Directional Drilling rigs, Diaphragm Drilling Rigs, Rotary Drilling Rigs, and spare parts. The company, with in-house designs and engineering, provides quality products, renovation services, and environmentally friendly solutions.

The company’s design personnel comprises a total of five staff.The company aims at meeting customer requirements, creating long-term associations, and increasing their market base. The prominent customers in the country are from Gujarat, contributing 34.52%, followed by customers from Maharashtra and Haryana. Products: Horizontal Directional Drilling: The company employs HDD technology in installing pipes, cables, and utilities while ensuring minimal environmental disturbance. Diaphragm Drilling:

The company employs the use of a diaphragm wall in the structural support of buildings during excavation and the prevention of flooding. Rotary Drilling Rigs: The company utilizes the piling rig to build piles that help in the development of infrastructure projects, namely the metro, bridges, and others. As of June 30, 2025, the company employed 154 Employees.

As described in the offer document.

Objects of the issue

  • To Meet Working Capital Requirements
  • General Corporate Purpose

Financials (₹ crore)

Metric30-Jun-2531-Mar-2531-Mar-2431-Mar-23

Promoters

and Rashmikant Haribhai Patel HUF.

Application sizes

Individual (min)
2 lots, 2000 shares, ₹2,60,000
Individual(max)
2 lots, 2000 shares, ₹2,60,000
sHNI(min)
3 lots, 3000 shares, ₹3,90,000
sHNI(max)
7 lots, 7000 shares, ₹9,10,000
bHNI(min)
8 lots, 8000 shares, ₹10,40,000

Valuation

ROE
74.75%
ROCE
30.98%
RoNW
54.45%
PAT Margin
13.84%
Debt/Equity
3.74
Price/Book
11.27
Market Cap
₹47.96 cr

Registrar and allotment status

Registrar
MUFG Intime India Pvt.Ltd
Allotment status
https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Phone
+91-22-4918 6270
Email
apollotechno.smeipo@in.mpms.mufg.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Apollo Techno Industries SME IPO

What is Apollo Techno Industries IPO?

Apollo Techno Industries IPO was a ₹47.96 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹123–₹130 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,60,000). The IPO was open from December 23 to December 26, 2025 and was subscribed 50.71x. Shares listed on BSE SME on December 31, 2025 at ₹145, a 11.5% premium to the issue price of ₹130. MUFG Intime India Pvt. Ltd.

is the registrar. Beeline Capital Advisors Pvt. Ltd. is the book running lead manager.

What is the price band of Apollo Techno Industries IPO?

The price band of Apollo Techno Industries IPO is ₹123 to ₹130 per share.

What is the lot size of Apollo Techno Industries IPO?

The lot size of Apollo Techno Industries IPO is 1000 shares.

What is the minimum investment for Apollo Techno Industries IPO?

The minimum investment for Apollo Techno Industries IPO is approximately ₹2,60,000 based on the upper price band.

What is the allotment date of Apollo Techno Industries IPO?

The allotment date of Apollo Techno Industries IPO is Dec 29, 2025.

What was the GMP of Apollo Techno Industries IPO before listing?

Apollo Techno Industries IPO's final recorded GMP before listing was ₹6 per share (a 5% premium over the ₹130 upper price band). The shares listed at ₹145. GMP is unofficial and does not forecast or guarantee the actual listing price.

How to check Apollo Techno Industries IPO allotment status?

You can check Apollo Techno Industries IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Apollo Techno Industries IPO allotment status on Rupix for quick and easy access.

What was the price band of the Apollo Techno Industries SME IPO?

₹123 to ₹130 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Apollo Techno Industries SME IPO?

One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,30,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Apollo Techno Industries SME IPO?

₹1,30,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Apollo Techno Industries SME IPO open and close?

It opened on 23 December 2025 and closed on 26 December 2025.

When was the allotment of the Apollo Techno Industries SME IPO?

The basis of allotment was published on 29 December 2025 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did Apollo Techno Industries list on BSE SME?

The shares listed on 31 December 2025 on BSE SME.

How large was the Apollo Techno Industries SME IPO?

The issue size was ₹47.96 crore. The fresh issue was 36,89,000 shares (aggregating up to ₹47.96 crore).