Apsis Aerocom IPO was launched through the Book Built SME route by Apsis Aerocom Limited. The public issue consisted entirely of a fresh issue of equity shares. The company proposed to utilise the funds raised through the IPO primarily for the purchase of machinery to expand its manufacturing capabilities and for general corporate purposes. The company’s equity shares were listed on the NSE Emerge platform after completion of the public issue process.
Apsis Aerocom Limited is engaged in precision manufacturing for highly regulated industries, including aerospace, defence, and healthcare. The company specialises in manufacturing precision-engineered components and assemblies that require high levels of dimensional accuracy, quality control, and process consistency.
Its manufacturing operations include precision machining, component manufacturing, engineering support, quality inspection, and customised production solutions for customers requiring high-performance components. The company focuses on maintaining international quality standards while serving customers in specialised engineering sectors.
The company continues to strengthen its manufacturing infrastructure through investment in advanced machinery, process improvement, technology adoption, and quality management systems to support future business growth.
India’s aerospace and defence manufacturing sector continues to grow with increasing domestic production, government support for indigenous manufacturing, expanding exports, and rising demand for precision-engineered components. These industry trends continue to create long-term opportunities for companies engaged in advanced manufacturing.
Since the IPO has already been completed and the shares are listed, investors should evaluate the company’s financial performance, manufacturing capabilities, order book, competitive position, and future growth prospects before making an investment decision.
Apsis Aerocom IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Apsis Aerocom IPO |
| Company Name | Apsis Aerocom Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹104 to ₹110 Per Share |
| Issue Price | ₹110 Per Share |
| Issue Size | ₹35.77 Crore |
| Fresh Issue | 32,52,000 Equity Shares (₹35.77 Crore) |
| Offer for Sale | Nil |
| Total Shares Offered | 32,52,000 Equity Shares |
| IPO Open Date | 11 March 2026 |
| IPO Close Date | 13 March 2026 |
| Basis of Allotment | 16 March 2026 |
| Refund Initiation | 17 March 2026 |
| Shares Credited to Demat Account | 17 March 2026 |
| Listing Date | 18 March 2026 |
| Listing Exchange | NSE Emerge |
| Lot Size | 1,200 Equity Shares |
| Minimum Retail Application | 2 Lots (2,400 Shares) |
| Registrar | Integrated Registry Management Services Private Limited |
| Book Running Lead Manager | Oneview Corporate Advisors Private Limited |
The IPO consisted entirely of a fresh issue of equity shares. The net proceeds were proposed to be utilised mainly for funding capital expenditure towards the purchase of machinery and for general corporate purposes.
Apsis Aerocom IPO Dates
| IPO Event | Date |
| IPO Opening Date | 11 March 2026 |
| IPO Closing Date | 13 March 2026 |
| Basis of Allotment | 16 March 2026 |
| Refund Initiation | 17 March 2026 |
| Shares Credited to Demat Account | 17 March 2026 |
| Listing Date | 18 March 2026 |
Following completion of the allotment process, successful applicants received their allotted shares in their demat accounts before trading commenced on NSE Emerge.
Apsis Aerocom IPO Reservation
| Investor Category | Reservation |
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
The final allocation under each investor category depended on the valid bids received during the subscription period.
Apsis Aerocom IPO Lot Size
| Application | Shares | Amount |
| Retail Minimum | 2 Lots (2,400 Shares) | ₹2,64,000 |
| Retail Maximum | 2 Lots (2,400 Shares) | ₹2,64,000 |
| HNI Minimum | 3 Lots (3,600 Shares) | ₹3,96,000 |
The investment values shown above are calculated using the issue price of ₹110 per equity share.
About Apsis Aerocom Limited
Apsis Aerocom Limited is a precision engineering and manufacturing company engaged in producing high-precision components and assemblies for industries that require strict quality standards and engineering accuracy. The company primarily serves sectors such as aerospace, defence, and healthcare by delivering customised manufacturing solutions that meet specific customer requirements.
Its manufacturing capabilities are supported by advanced machining technologies, skilled technical personnel, and quality-focused production processes. The company undertakes the complete manufacturing cycle, from engineering support and machining to inspection, assembly, and final delivery of finished components.
By focusing on precision manufacturing, process improvement, and consistent product quality, Apsis Aerocom Limited has built long-term relationships with customers operating in specialised engineering industries.
Business Operations
Apsis Aerocom Limited provides a range of precision manufacturing and engineering services across multiple industrial sectors.
- Precision Component Manufacturing – The company manufactures high-precision engineering components that require close dimensional tolerances and consistent product quality.
- Aerospace Manufacturing – It produces precision-engineered parts used in various aerospace applications where reliability and accuracy are essential.
- Defence Engineering Solutions – The company manufactures specialised engineering components for defence-related applications while maintaining stringent manufacturing standards.
- Healthcare Equipment Components – It supplies precision parts used in medical devices, diagnostic equipment, laboratory systems, and other healthcare applications.
- CNC Machining Services – Advanced CNC machining technology enables the company to manufacture complex components with high precision and repeatability.
- Mechanical Assembly – In addition to machining, the company provides assembly services for customer-specific engineering requirements.
- Engineering Support – Manufacturing operations are supported through production planning, process optimisation, technical assistance, and engineering solutions.
- Quality Inspection – Products undergo multiple inspection stages to ensure compliance with customer specifications and internal quality standards before dispatch.
- Integrated Manufacturing – The company manages the complete production process, including raw material handling, machining, inspection, assembly, finishing, and final delivery.
- Customer-Focused Manufacturing – The company works closely with customers to develop manufacturing solutions that meet their technical, quality, and delivery requirements.
Industry Overview
India’s precision engineering industry continues to grow with increasing demand from aerospace, defence, healthcare, industrial automation, electronics, and advanced manufacturing sectors. Rising investment in domestic manufacturing, infrastructure development, technology adoption, and high-value engineering products is creating new opportunities for precision manufacturing companies.
The continued focus on localisation of manufacturing, expansion of aerospace and defence production, and increasing demand for specialised engineering components are expected to support long-term growth across the precision engineering industry.
Business Strategy
Apsis Aerocom Limited focuses on strengthening its manufacturing capabilities through continuous investment in advanced machinery, production technology, quality systems, and operational efficiency. The company aims to expand its customer base while increasing production capacity to support growing demand from precision engineering industries.
Its long-term strategy includes improving manufacturing productivity, enhancing engineering capabilities, expanding value-added services, maintaining consistent product quality, and building long-term customer relationships. Through continuous operational improvement and technological advancement, the company seeks to strengthen its position in the precision manufacturing sector while supporting sustainable business growth.
Apsis Aerocom IPO Financial Information
A company’s financial performance helps investors evaluate its revenue growth, profitability, financial position, and operating efficiency. Analysing financial statements over multiple years provides a better understanding of how the business has expanded and how effectively it has generated profits from its operations.
Apsis Aerocom Financial Summary
| Particulars | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue from Operations | ₹10.37 Crore | ₹16.87 Crore | ₹20.49 Crore |
| Total Income | ₹10.42 Crore | ₹16.88 Crore | ₹20.57 Crore |
| EBITDA | ₹1.93 Crore | ₹4.10 Crore | ₹10.20 Crore |
| Profit Before Tax (PBT) | ₹1.38 Crore | ₹3.42 Crore | ₹8.94 Crore |
| Profit After Tax (PAT) | ₹1.03 Crore | ₹2.55 Crore | ₹6.64 Crore |
| Net Worth | ₹1.40 Crore | ₹4.02 Crore | ₹10.81 Crore |
| Total Borrowings | ₹2.07 Crore | ₹1.32 Crore | ₹2.84 Crore |
The company has demonstrated steady financial growth over the past three financial years. Revenue from operations has increased consistently, reflecting growth in manufacturing activities and business expansion. Profitability has also improved significantly during the same period, indicating better operational efficiency and improved utilisation of manufacturing capacity. The company’s net worth has strengthened over the years, while borrowings have remained at a manageable level. Investors should analyse these financial results together with future growth plans, industry opportunities, and valuation before making an investment decision.
Apsis Aerocom IPO Key Performance Indicators (KPIs)
Key Performance Indicators help investors assess the company’s profitability, capital efficiency, financial strength, and overall operating performance. These ratios provide additional insight into how efficiently the company utilises its resources to generate returns.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 91.60% |
| Return on Capital Employed (ROCE) | 65.79% |
| Return on Net Worth (RONW) | 61.41% |
| EBITDA Margin | 49.80% |
| PAT Margin | 32.39% |
| Debt-to-Equity Ratio | 0.26 |
| Earnings Per Share (EPS) | ₹67.89 |
| Net Asset Value (NAV) Per Share | ₹108.06 |
| Price to Earnings (P/E) | 1.62x |
The financial ratios indicate strong profitability, efficient utilisation of capital, and healthy operating performance. Return ratios reflect the company’s ability to generate earnings from shareholders’ investment, while operating margins indicate efficient cost management. The relatively low debt level supports a balanced financial structure. Investors should consider these financial indicators together with the company’s manufacturing capabilities, customer relationships, business strategy, and long-term growth potential before making an investment decision.
Objects of the Apsis Aerocom IPO
The company proposed to utilise the net proceeds from the fresh issue for the following purposes:
- Purchase of additional plant and machinery.
- Expansion of manufacturing capacity.
- General corporate purposes.
The proposed utilisation of the IPO proceeds is expected to strengthen manufacturing capabilities, enhance production capacity, improve operational efficiency, and support the company’s long-term business growth plans.
Apsis Aerocom IPO Listing Performance
The listing performance reflects how the company’s shares traded when they were first listed on the stock exchange after the completion of the IPO. While listing gains indicate initial market sentiment, long-term investment performance depends on the company’s financial strength, operational execution, business growth, and future expansion.
| Particular | Value |
|---|---|
| Listing Exchange | NSE Emerge |
| Listing Date | 18 March 2026 |
| Issue Price | ₹110 Per Share |
| Listing Price | ₹138.00 Per Share |
| Listing Gain | ₹28.00 Per Share |
| Listing Gain (%) | 25.45% |
Apsis Aerocom Limited made a positive debut on the NSE Emerge platform by listing above its issue price. Although the shares delivered a healthy listing premium, investors should evaluate the company’s long-term financial performance, manufacturing capabilities, order pipeline, and future business prospects before making investment decisions.
Apsis Aerocom IPO Subscription Status
The subscription figures indicate the level of investor participation received during the IPO bidding period. While strong subscription generally reflects positive market interest, investors should also consider the company’s valuation, financial performance, and future growth opportunities before investing.
Apsis Aerocom IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 58.74 Times |
| Non-Institutional Investors (NII) | 186.39 Times |
| Retail Individual Investors (RII) | 128.52 Times |
| Total Subscription | 117.63 Times |
The IPO witnessed strong participation across all investor categories. Non-institutional investors recorded the highest subscription, while qualified institutional buyers and retail investors also showed healthy participation throughout the bidding period.
Apsis Aerocom IPO Review
Apsis Aerocom Limited operates in the precision engineering and advanced manufacturing sector, supplying high-precision components and assemblies for industries such as aerospace, defence, and healthcare. The company focuses on manufacturing products that require high levels of engineering accuracy, quality control, and process reliability.
Its operations include precision machining, engineering support, component manufacturing, assembly, inspection, and integrated manufacturing solutions. Continuous investment in advanced machinery and manufacturing technology enables the company to serve customers operating in highly regulated industries.
The company has reported significant improvement in revenue, profitability, and net worth over recent financial years, indicating growth in business operations and operational efficiency. Expansion in India’s aerospace, defence, and precision engineering sectors may continue to provide long-term business opportunities.
However, investors should also consider factors such as customer concentration, dependence on specialised industries, technological advancements, capital expenditure requirements, and competition within the precision engineering sector before making an investment decision.
Overall, Apsis Aerocom Limited operates in an industry supported by increasing demand for precision-engineered products and advanced manufacturing capabilities. Investors should carefully evaluate the company’s financial performance, manufacturing strengths, valuation, and long-term business strategy before investing.
Apsis Aerocom IPO Strengths
Apsis Aerocom Limited has established itself as a specialised precision manufacturing company serving high-value engineering industries.
- Specialised Manufacturing Expertise – The company manufactures precision-engineered components for aerospace, defence, and healthcare applications.
- Advanced Manufacturing Infrastructure – Modern machining facilities and production capabilities support high-precision manufacturing requirements.
- Diversified Industry Presence – The company serves multiple industries, reducing dependence on a single business segment.
- Strong Financial Growth – Revenue, profitability, and net worth have shown significant improvement in recent financial years.
- Focus on Quality Standards – Manufacturing processes are designed to maintain product quality and operational consistency.
- Growing Industry Opportunities – Expansion in aerospace, defence, and precision engineering sectors supports future business growth.
Apsis Aerocom IPO Risk Factors
Every manufacturing business is exposed to operational and industry-specific risks. Investors should carefully evaluate the following factors before making an investment decision.
- Industry Dependence – Business performance is influenced by demand from aerospace, defence, and healthcare industries.
- Customer Concentration – Revenue may depend on a limited number of customers or long-term contracts.
- Capital Intensive Operations – Precision manufacturing requires continuous investment in machinery, technology, and production facilities.
- Technology Upgradation – Ongoing investment in advanced manufacturing technology is necessary to remain competitive.
- Raw Material Availability – Changes in raw material prices or supply disruptions may affect production costs and profitability.
- Competitive Environment – The company operates in a competitive precision engineering market with several domestic and international manufacturers.
Apsis Aerocom IPO Promoters
Apsis Aerocom Limited is promoted by experienced professionals with backgrounds in precision engineering, manufacturing, and business management. The promoters have played an important role in establishing the company’s manufacturing capabilities, expanding customer relationships, strengthening quality systems, and supporting long-term business growth.
Apsis Aerocom IPO Promoters Details
| Promoter | Designation |
|---|---|
| Ashish Kumar Gupta | Promoter |
| Poonam Gupta | Promoter |
Apsis Aerocom IPO Management Team
The company is managed by professionals with experience in precision manufacturing, engineering, production management, finance, quality assurance, and corporate governance. The management team focuses on improving manufacturing efficiency, expanding production capacity, maintaining quality standards, and supporting sustainable business growth.
| Name | Designation |
|---|---|
| Ashish Kumar Gupta | Managing Director |
| Poonam Gupta | Whole-Time Director |
| Deepak Kumar | Chief Financial Officer |
| Priyanka Sharma | Company Secretary & Compliance Officer |
Apsis Aerocom IPO Registrar Details
The registrar was responsible for processing IPO applications, finalising the basis of allotment, crediting shares to successful applicants, initiating refunds, and handling investor-related services during the IPO process.
| Particular | Details |
|---|---|
| Registrar Name | Integrated Registry Management Services Private Limited |
| Website | https://www.integratedindia.in |
| IPO Allotment Status | https://www.integratedindia.in |
| Email ID | [email protected] |
| Contact Number | +91-44-2814 0801 |
Apsis Aerocom IPO Lead Manager Details
The Book Running Lead Manager coordinated the public issue, managed regulatory compliance, and assisted the company throughout the IPO process.
| Particular | Details |
|---|---|
| Lead Manager | Oneview Corporate Advisors Private Limited |
| Website | https://www.oneviewadvisors.com |
| Email ID | [email protected] |
| Contact Number | +91-22-4055 8999 |
Apsis Aerocom Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Apsis Aerocom Limited |
| Registered Office | Bengaluru, Karnataka, India |
| Website | https://www.apsisaerocom.com |
| Email ID | [email protected] |
How to Check Apsis Aerocom IPO Allotment Status
Investors could check the IPO allotment status after the basis of allotment was finalised through either the registrar’s website or the NSE IPO portal.
Through Integrated Registry Management Services Private Limited
- Visit the official Integrated Registry Management Services IPO allotment portal.
- Select Apsis Aerocom IPO from the available IPO list.
- Choose PAN Number, Application Number, or DP/Client ID.
- Enter the required details correctly.
- Click Submit to view the allotment status.
Through NSE
- Visit the official NSE IPO allotment page.
- Select Apsis Aerocom IPO from the IPO list.
- Enter your PAN Number or Application Number.
- Complete the verification process if required.
- Click Search to check the allotment status.
Frequently Asked Questions (FAQs)
What is the Apsis Aerocom IPO?
Apsis Aerocom IPO was a Book Built SME public issue consisting entirely of a fresh issue of equity shares.
What was the price band of the Apsis Aerocom IPO?
The IPO was offered at a price band of ₹104 to ₹110 per equity share.
What was the total issue size of the Apsis Aerocom IPO?
The total issue size was ₹35.77 crore.
When did the Apsis Aerocom IPO open and close?
The IPO opened on 11 March 2026 and closed on 13 March 2026.
On which stock exchange are Apsis Aerocom shares listed?
The company’s equity shares are listed on NSE Emerge.
Who was the registrar for the Apsis Aerocom IPO?
Integrated Registry Management Services Private Limited acted as the registrar to the issue.
Who was the lead manager for the Apsis Aerocom IPO?
Oneview Corporate Advisors Private Limited served as the Book Running Lead Manager.
What was the minimum lot size for the Apsis Aerocom IPO?
The minimum application size was 2 lots consisting of 2,400 equity shares.
What does Apsis Aerocom Limited do?
The company manufactures precision-engineered components and assemblies for aerospace, defence, and healthcare industries.
What were the objectives of the Apsis Aerocom IPO?
The IPO proceeds were proposed to be utilised for the purchase of plant and machinery, expansion of manufacturing capacity, and general corporate purposes.
