Apsis Aerocom IPO Day 1: Key Details and Performance Metrics

Apsis Aerocom IPO Update

IPO Details

• Issue Size: ₹36 crore (32.52 lakh shares of ₹10 each)
• Price Band: ₹104 to ₹110 per equity share
• IPO Date: Opened for subscription on Wednesday, March 11, and will close on Friday, March 13
• Listing Date: Proposed for listing on the NSE SME on Wednesday, March 18

Subscription Status

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• As of 11:35 am on Wednesday, the SME IPO had seen an overall subscription of nearly 0.51 times
• Retail portion booked 0.70 times
• Segment reserved for NIIs subscribed to 0.80 times
• QIB's portion had not seen any subscription till that time

Grey Market Premium

• The Apsis Aerocom IPO GMP (grey market premium) was ₹8 on Wednesday
• Indicates the SME stock could list at a premium of 7% at ₹118 on the NSE SME

Allocation and Listing

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• The company is expected to finalise the share allotment on Monday, March 16
• Successful bidders can expect shares of the company to be credited to their demat accounts on the next business day, Tuesday, March 17
• Bidders who fail to receive the allocation may receive a refund on the same day

Business Overview

• Apsis Aerocom is engaged in the field of precision engineering, with primary focus on the manufacture of components and allied services for the aerospace, defence, and healthcare industries
• The company earned a profit of ₹2.55 crore in FY24, which rose to ₹6.64 crore in FY25
• For the first six months in FY26, the company's profit stood at ₹3.12 crore
• Revenue from operations in FY24 was ₹16.87 crore, and in FY25, it was ₹20.49 crore

IPO Raising

• The company has raised over ₹10 crore from anchor investors by allocating 9,15,600 shares at a price of ₹110 per share