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Apsis Aerocom SME IPO

Apsis Aerocom came to market through an SME IPO that opened on 11 March 2026 and closed on 13 March 2026, and the shares listed on 18 March 2026 on NSE SME. The price band was ₹104 to ₹110 per share and one lot was 1200 shares, so the minimum application was ₹1,32,000. The issue size was ₹35.77 crore. The whole issue was fresh shares, so the money raised went to the company.

Integrated Registry Management Services Pvt.Ltd was the registrar to the issue, and Oneview Corporate Advisors Pvt.Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹104 to ₹110
Lot size
1200 shares
Minimum investment
₹1,32,000
Face value
₹10 per share
Issue size
₹35.77 crore
Fresh issue
32,52,000 shares (aggregating up to ₹35.77 crore)
Listing at
NSE SME
Registrar
Integrated Registry Management Services Pvt.Ltd
Lead managers
Oneview Corporate Advisors Pvt.Ltd
Promoter holding before the issue
100%
Promoter holding after the issue
73.02%

Timeline

Opens
11 March 2026
Closes
13 March 2026
Allotment
16 March 2026
Listing
18 March 2026

Subscription status by day

As of 13 March 2026.

Day
1
2
3

About Apsis Aerocom

Established in 2022, APSIS Aerocom Limited is a precision engineering company specializing in providing components and associated services for various applications in the aerospace, defense, and healthcare sectors. The company has a manufacturing unit located in Peenya Industrial Area, Bangalore. It is sub-divided into Shed 1, which is the eastern portion of the facility, and Shed 2, which is the western portion. The facility is equipped with CNC machines that can accommodate parts up to a length of 1,200 mm.

It provides CAD/CAM-based design and development services for precision engineering applications. The products offered by APSIS Aerocom Limited include solutions for various complex systems in the aerospace, defense, and healthcare sectors. It provides machined parts, surface finish, assembly, inspection, and quality control. The company has a domestic presence in Karnataka, Telangana, and Maharashtra. It also has an international presence in the USA, Netherlands, Spain, and Israel. As of March 31, 2025, the company employs 101 people, including promoters.

It provides end-to-end manufacturing solutions from drawings supplied by clients to delivering products to customers in India and abroad.

As described in the offer document.

Objects of the issue

  • Funding Capital Expenditure towards purchase of Machinery
  • General Corporate Purposes.

Financials (₹ crore)

Metric30-Sep-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Basavaraju Kanakatte Shivakumar, Vinod Kumar Mariyappan, Mihir Kumar Pradhan. Promoter holding 100% before the issue and 73.02% after.

Application sizes

Individual (min)
2 lots, 2400 shares, ₹2,64,000
Individual(max)
2 lots, 2400 shares, ₹2,64,000
sHNI(min)
3 lots, 3600 shares, ₹3,96,000
sHNI(max)
7 lots, 8400 shares, ₹9,24,000
bHNI(min)
8 lots, 9600 shares, ₹10,56,000

Valuation

EPS Pre IPO
₹7.54
EPS Post IPO
₹5.51
P/E Pre IPO
14.58
P/E Post IPO
19.97
ROE
91.60%
ROCE
65.76%
RoNW
62.82%
PAT Margin
32.39%
Price/Book
9.16
Market Cap
₹35.77 cr

Registrar and allotment status

Registrar
Integrated Registry Management Services Pvt.Ltd
Allotment status
https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
Email
ipo@integratedindia.in

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 Apsis Aerocom SME IPO

What is Apsis Aerocom IPO?

Apsis Aerocom IPO was a ₹35.77 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹104–₹110 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,64,000). The IPO was open from March 11 to March 13, 2026 and was subscribed 129.41x. Shares listed on NSE SME on March 18, 2026 at ₹153, a 39.1% premium to the issue price of ₹110. Integrated Registry Management Services Pvt. Ltd.

is the registrar. Oneview Corporate Advisors Pvt. Ltd. is the book running lead manager.

What is the price band of Apsis Aerocom IPO?

The price band of Apsis Aerocom IPO is ₹104 to ₹110 per share.

What is the lot size of Apsis Aerocom IPO?

The lot size of Apsis Aerocom IPO is 1200 shares.

What is the minimum investment for Apsis Aerocom IPO?

The minimum investment for Apsis Aerocom IPO is approximately ₹2,64,000 based on the upper price band.

What is the allotment date of Apsis Aerocom IPO?

The allotment date of Apsis Aerocom IPO is Mar 16, 2026.

What was the GMP of Apsis Aerocom IPO before listing?

Apsis Aerocom IPO's final recorded GMP before listing was ₹21 per share (a 19% premium over the ₹110 upper price band). The shares listed at ₹153. GMP is unofficial and does not forecast or guarantee the actual listing price.

How to check Apsis Aerocom IPO allotment status?

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

What was the price band of the Apsis Aerocom SME IPO?

₹104 to ₹110 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 Apsis Aerocom SME IPO?

One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,32,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Apsis Aerocom SME IPO?

₹1,32,000, for one lot of 1200 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 Apsis Aerocom SME IPO open and close?

It opened on 11 March 2026 and closed on 13 March 2026.

When was the allotment of the Apsis Aerocom SME IPO?

The basis of allotment was published on 16 March 2026 by Integrated Registry Management Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did Apsis Aerocom list on NSE SME?

The shares listed on 18 March 2026 on NSE SME.

How large was the Apsis Aerocom SME IPO?

The issue size was ₹35.77 crore. The fresh issue was 32,52,000 shares (aggregating up to ₹35.77 crore).