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AA

Apsis Aerocom IPO

Listed SME NSE SME · Aerospace & Defense

Price Band

₹104.0–110.0

Issue Size

₹35.77 Cr

Lot Size

1,200 shares

Min Investment

₹264,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹26.0 (23.64%)

Issue Price

₹110.0

Apsis Aerocom IPO AI Summary

  • Apsis Aerocom IPO is listed on NSE SME in the Aerospace & Defense sector.
  • Price band: ₹104.0–₹110.0 per share, lot size 1,200 shares (min. investment ₹264,000, 2 lots minimum).
  • Subscription window: 11 Mar–13 Mar 2026, listing on 18 Mar 2026.
  • Current GMP is +₹26.0 (23.64%), an estimated listing price of ₹136 — unofficial and can change daily.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Wed, 11 Mar 2026
IPO Close Date
Fri, 13 Mar 2026
Allotment Date
Mon, 16 Mar 2026
Refund Initiation
Tue, 17 Mar 2026
Credit of Shares
Tue, 17 Mar 2026
Listing Date
Wed, 18 Mar 2026
Listing Price
₹136.0 +23.64%

Subscription Status

Subscription data unavailable

Apsis Aerocom IPO Grey Market Premium (GMP) Today

GMP

+₹26.0

GMP %

+23.64%

Est. Listing

₹136.0

Updated: 14 Jul 2026 15:52

About the Company

Incorporated in 2022, APSIS Aerocom Limited is engaged in precision engineering, specialising in the manufacture of components and related services for the aerospace, defence, and healthcare industries. The company operates a manufacturing facility in Peenya Industrial Area, Bangalore, divided into Shed 1 (eastern portion) and Shed 2 (western portion), equipped with CNC machines capable of handling parts up to 1,200 mm in length. The facility supports CAD/CAM-based design, process development, and precision machining, enabling end-to-end production as per client-supplied designs and specifications. APSIS Aerocom Limited’s products cater to complex systems in aerospace, defence, and healthcare, offering solutions that include machined components, surface finishing, assembly, quality control, and final inspection. The company has established a domestic presence in Karnataka, Telangana, and Maharashtra, and an international footprint in the USA, Netherlands, Spain, and Israel. As of March 31, 2025, the company employs 101 personnel, including promoters, and provides end-to-end manufacturing capabilities from client-provided drawings to final product delivery for both domestic and global customers.

Company Financials (₹ Cr)

As of 2025-03-31

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 23.56 18.46 11.93 7.22
Total Income 13.70 20.57 16.88 10.41
Profit After Tax 3.12 6.64 2.55 1.03
EBITDA 4.78 10.20 4.10 1.93
NET Worth 13.69 10.57 3.93 1.37
Reserves and Surplus 4.89 9.59 2.95 0.40
Total Borrowing 2.33 2.84 1.32 2.07

Key Ratios

EPS

₹7.54

NAV

₹12.01

ROE

91.60%

ROCE

65.76%

RoNW

62.82%

P/B Value

9.16

P/E Ratio

14.58

Market Cap

₹132.57 Cr

PAT Margin

32.39%

Promoters

Basavaraju Kanakatte Shivakumar, Vinod Kumar Mariyappan and Mihir Kumar Pradhan

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 Capital Expenditure towards purchase of Machinery 27.02 2 General Corporate Purposes 3.91 3 Issue Expenses 4.84 Total 35.77

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹10.41 Cr in the year ending 31 Mar 2023, increasing to ₹16.88 Cr by 31 Mar 2024, and further rising to ₹20.57 Cr by 31 Mar 2025. However, for the period ending 30 Sep 2025, total income was ₹13.70 Cr, which is lower than the previous full year figure, though this is a 9-month figure, not a full year, so isn't directly comparable.

Profit Trend

Profit after tax was ₹1.03 Cr in the year ending 31 Mar 2023, growing to ₹2.55 Cr by 31 Mar 2024, and then reaching ₹6.64 Cr by 31 Mar 2025. For the period ending 30 Sep 2025, profit after tax was ₹3.12 Cr, which is lower than the previous full year figure, though this is a 9-month figure, not a full year, so isn't directly comparable.

Grey Market Premium, Explained

The Grey Market Premium (GMP) indicates the expected listing gains for an IPO. It reflects the price at which shares are likely to trade in the grey market before they are officially listed. A higher GMP suggests that investors expect the stock to list at a premium to 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. Factors such as the company's growth potential, market conditions, and financial health should be considered.

Who May Want to Wait

Investors who prefer stable returns and are risk-averse may want to avoid IPOs like this, which can be subject to high volatility and uncertainty in the initial trading period.

IPO Timeline, Explained

The IPO opens for subscription on 11 March 2026 and closes on 13 March 2026. Allotment of shares will be finalized by 16 March 2026, with the listing date set for 18 March 2026.

Listing Gains — The Risk

Listing gains refer to the profit made when shares are sold on the listing day at a price higher than the IPO price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-listing.

This evaluation is generated from Apsis Aerocom'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 Apsis Aerocom IPO GMP today?

Apsis Aerocom IPO GMP today is +₹26.0 (23.64%), indicating an estimated listing price of ₹136. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Apsis Aerocom IPO?

The price band of Apsis Aerocom IPO is ₹104.0–₹110.0 per share.

When does Apsis Aerocom IPO open and close?

Apsis Aerocom IPO opens on 11 March 2026 and closes on 13 March 2026.

When does Apsis Aerocom IPO list on the stock exchange?

Apsis Aerocom IPO listed on 18 March 2026 at ₹136.0.

What is the lot size for Apsis Aerocom IPO?

The lot size for Apsis Aerocom IPO is 1200 shares, requiring a minimum investment of ₹264,000 (2 lots).

What is the price band for the Apsis Aerocom IPO?

The price band for the Apsis Aerocom IPO is ₹104.0 to ₹110.0.

What is the minimum investment required for this IPO?

The minimum investment required is ₹264,000, which corresponds to a lot size of 1200 shares.

When does the Apsis Aerocom IPO open and close?

The IPO opens on 11 March 2026 and closes on 13 March 2026.

What is the expected listing gain percentage?

The expected listing gain percentage is 23.64%.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO shares in the grey market.

Issue Details

Issue Type SME Book Built
Issue Size ₹35.77 Cr
Price Band ₹104.0 – ₹110.0
Issue Price ₹110.0
Lot Size 1,200 shares
Min Investment ₹264,000 (2 lots minimum)
Exchange NSE SME
Sector Aerospace & Defense
Open Date 11 Mar 2026
Close Date 13 Mar 2026
Allotment 16 Mar 2026
Listing Date 18 Mar 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Integrated Registry Management Services Pvt.Ltd.

Lead Managers / Book Running

Oneview Corporate Advisors Pvt.Ltd.

IPO Timeline

Open

11 Mar 2026

Close

13 Mar 2026

Allotment

16 Mar 2026

Listing

18 Mar 2026

Community Sentiment

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