Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Admach Systems IPO
Price Band
₹227.0–239.0
Issue Size
₹42.6 Cr
Lot Size
600 shares
Min Investment
₹286,800
2 LOTS MIN
GMP
+₹11.0 (4.6%)
Issue Price
₹239.0
Subject to Sauda
₹5000
Paid only if allotted
Admach Systems IPO AI Summary
- Admach Systems IPO is listed on BSE SME in the Industrial Products sector.
- Price band: ₹227.0–₹239.0 per share, lot size 600 shares (min. investment ₹286,800, 2 lots minimum).
- Subscription window: 23 Dec–26 Dec 2025, listing on 31 Dec 2025.
- Current GMP is +₹11.0 (4.6%), an estimated listing price of ₹250 — unofficial and can change daily.
Admach Systems Limited is an SME engaged in the manufacturing of specialized machines for various industries. With a strong growth trajectory and a well-defined use of IPO proceeds, the company presents an interesting opportunity for investors looking at the industrial sector.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Admach Systems IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 26 Dec 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Admach Systems IPO Grey Market Premium (GMP) Today
GMP
+₹11.0
GMP %
+4.6%
Est. Listing
₹250.0
Updated: 25 Jul 2026 14:15
About the Company
Incorporated in 2008, Admach Systems Limited is engaged in designing, manufacturing, exporting, and supplying customised special purpose machines and automation systems for the Indian and global engineering industry. Its offerings primarily cater to the steel, automobile, food, tooling, and other engineering industries. The company specializes in special purpose machines, robotic material handling systems, automation, assembly machines, packaging machines, and product design. It operates at a production capacity of 100 units annually and achieved 100% capacity utilization in FY 2024–25, reflecting consistent growth in demand and efficiency. Products: Black Bar Solutions – Efficient handling and transport of raw iron black bars. Bar Chamfering Machine – Smooths steel bar edges to avoid equipment damage or injuries. Bar Straightener Machine – Ensures straightness of alloy steel bars after hot rolling. Bright Bar Solutions – Peeled and defect-tested bars with ultrasonic testing and precise packaging. Grinding Solutions – One or two-pass grinding to maintain size and surface finish. Super Finishing Solutions – Belt polishing techniques for high-quality, specialized finishes. The company has its office and manufacturing plant in Pune, Maharashtra. Competitive Strengths: Experienced Promoters supported by a management and execution team Diversified Customer Base Quality Check
Company Financials (₹ Cr)
As of 2025-06-30
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 60.22 | 55.90 | 35.78 | 19.79 |
| Total Income | 23.06 | 53.52 | 19.80 | 13.18 |
| Profit After Tax | 3.02 | 6.10 | 3.35 | 0.10 |
| EBITDA | 4.49 | 10.31 | 6.29 | 1.00 |
| NET Worth | 25.04 | 22.03 | 5.73 | 2.38 |
| Reserves and Surplus | 20.05 | 17.04 | 3.73 | 1.13 |
| Total Borrowing | 10.15 | 10.66 | 15.59 | 8.45 |
Key Ratios
EPS
₹12.22
NAV
₹44.14
ROE
43.94%
ROCE
44.00%
RoNW
27.69%
P/B Value
5.41
P/E Ratio
19.56
Market Cap
₹161.87 Cr
PAT Margin
11.43%
Debt/Equity
0.48
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Bemco Hydraulics Ltd | 313.9 | 15% | 2.52 | 42.09 | 42.09 |
| Affordable Robotic & Automation Ltd | 98.97 | 5.38% | 41.72 | 5.32 | 5.32 |
| Admach Systems Ltd. This IPO | 44.14 | 27.69% | — | 12.57 | 12.57 |
Promoters
Ajay Chamanlal Longani, Rajni Ajay Longani, Mahesh Chamanlal Longani and Sonal Mahesh Longani
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of capital expenditure requirements of Company towards purchase of new machinery and installation cost thereon 16.47 2 Funding working capital requirements of the Company 15.50 3 General Corporate Purposes 6.38 4 Issue Expenses 4.25 Total 42.60
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹13.18 Cr in the year ending 31 Mar 2023, increasing to ₹19.80 Cr by 31 Mar 2024, and further rising to ₹53.52 Cr by 31 Mar 2025. However, for the latest period ending 30 Jun 2025, total income was ₹23.06 Cr, which is not directly comparable to the previous full year figure as it reflects only a 9-month period.
Profit Trend
Profit after tax was ₹0.10 Cr in the year ending 31 Mar 2023, increasing to ₹3.35 Cr by 31 Mar 2024, and further rising to ₹6.10 Cr by 31 Mar 2025. In the most recent period ending 30 Jun 2025, profit after tax was ₹3.02 Cr, though this is a 9-month figure and not a full year, so isn't directly comparable.
Valuation
Priced at roughly 19.56 times trailing earnings, versus peers trading at a P/E range of 2.52 to 41.72.
Grey Market Premium, Explained
The grey market premium (GMP) indicates the expected listing gain of an IPO based on unofficial trading in the shares before they are listed. A positive GMP suggests that investors anticipate the stock will list at a higher price than the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It is essential to consider the company's growth prospects and market conditions.
Who May Want to Wait
Conservative investors or those with a low-risk appetite may want to avoid IPOs in sectors with high competition or economic uncertainty, as they can be more volatile.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While a positive GMP may indicate potential gains, market conditions on the listing day can affect the stock's performance. Investors should be prepared for the possibility of volatility.
This evaluation is generated from Admach Systems's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Admach Systems IPO GMP today?
Admach Systems IPO GMP today is +₹11.0 (4.6%), indicating an estimated listing price of ₹250. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Admach Systems IPO?
The price band of Admach Systems IPO is ₹227.0–₹239.0 per share.
When does Admach Systems IPO open and close?
Admach Systems IPO opens on 23 December 2025 and closes on 26 December 2025.
When does Admach Systems IPO list on the stock exchange?
Admach Systems IPO listed on 31 December 2025 at ₹250.0.
What is the lot size for Admach Systems IPO?
The lot size for Admach Systems IPO is 600 shares, requiring a minimum investment of ₹286,800 (2 lots).
What is the price band for the Admach Systems IPO?
The price band for the Admach Systems IPO is ₹227.0 to ₹239.0.
What is the minimum investment required?
The minimum investment required is ₹286,800.
When does the IPO open and close?
The IPO opens on 23 December 2025 and closes on 26 December 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing gain based on unofficial trading before the stock is listed.
When is the listing date for Admach Systems?
The listing date for Admach Systems is 31 December 2025.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
23 Dec 2025
Close
26 Dec 2025
Allotment
29 Dec 2025
Listing
31 Dec 2025
Similar IPOs in Industrial Products
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Admach Systems?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.