What is the GMP of Apsis Aerocom IPO today?

The Grey Market Premium (GMP) for Apsis Aerocom IPO is currently ₹26. With an upper price band of ₹110, the estimated listing price is ₹136 per share, reflecting an expected listing gain of ~23.64%. Grey market premiums can fluctuate based on market sentiment and subscription demand.

What is the price band and lot size for Apsis Aerocom IPO?

The price band for Apsis Aerocom IPO is ₹104 to ₹110 per equity share. The minimum lot size is 1200 shares, which requires a minimum retail application investment of ₹1,32,000.

What are the important dates for Apsis Aerocom IPO?

Apsis Aerocom IPO opens for subscription on 2026-03-11T00:00:00 and closes on 2026-03-13T00:00:00. The basis of allotment is scheduled for 2026-03-16T00:00:00, and shares are expected to list on 2026-03-18T00:00:00 on BSE, NSE.

How can I check the allotment status for Apsis Aerocom IPO?

You can check Apsis Aerocom IPO allotment status on the registrar's official portal (Integrated Registry Management Services Pvt Ltd) or through the official BSE and NSE IPO allotment status pages using your PAN number or Application number.

How to apply for Apsis Aerocom IPO?

Investors can apply for Apsis Aerocom IPO online through ASBA (Application Supported by Blocked Amount) via their internet banking account, or via UPI using authorized stockbroking platforms like Zerodha, Groww, Angel One, and Upstox.

When does the Apsis Aerocom IPO open and close?

The IPO opens on 11 Mar 2026, and closes on 13 Mar 2026.

What is Apsis Aerocom IPO price band?

The issue price band is ₹104.00 to ₹110.00 per equity share.

What is the Apsis Aerocom IPO lot size?

The minimum lot size is 1200 shares per application.

What is the Apsis Aerocom IPO allotment date?

The allotment is scheduled on 16 Mar 2026.

Apsis Aerocom IPO Details - Dates, Price Band, Issue Size

All IPOs

Issue Size

36.00 Cr

Price Band

₹104.00 - ₹110.00

Lot Size

1200 Shares

Min Investment

₹2,64,000

GMP

₹26

Subscription

129.33x

₹3,088.29 Cr

11 Mar 2026

IPO Opens

COMPLETED

13 Mar 2026

IPO Closes

COMPLETED

16 Mar 2026

Basis of Allotment

COMPLETED

17 Mar 2026

Refunds

COMPLETED

17 Mar 2026

Demat Credit

COMPLETED

18 Mar 2026

Listing

COMPLETED

IPO Timeline

IPO OpensDONE

11 Mar 2026

IPO ClosesDONE

13 Mar 2026

Basis of AllotmentDONE

16 Mar 2026

RefundsDONE

17 Mar 2026

Demat CreditDONE

17 Mar 2026

ListingDONE

18 Mar 2026

About Apsis Aerocom IPO

Apsis Aerocom IPO open date is March 11, 2026 and the IPO will close on March 13, 2026. Apsis Aerocom IPO is a Book build Issue. The company to raise around ₹35.77 crores via IPO that comprises fresh issue of ₹35.77 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Apsis Aerocom IPO price band is ₹104 to ₹110 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Apsis Aerocom IPO to list on NSE SME on March 18, 2026. The allotment of Apsis Aerocom IPO date is March 16, 2026.

The company reported revenue of ₹20.57 crores in 2025 against ₹16.88 crores in 2024. The company reported profit of ₹6.64 crores in 2025 against profit of ₹2.55 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

IPO Details

Apsis Aerocom IPO Details and Specifications
IPO Date	11 Mar 2026 to 13 Mar 2026
Face Value	₹10 Per Share
Price Band	₹104.00 - ₹110.00
Lot Size	1200 Shares
Total Issue Size	Approx 36.00 Cr 32,52,000 Equity Shares
Fresh Issue	Approx 36.00 Cr 32,52,000 Equity Shares
Offer for Sale	Approx 0.00 Cr 0 Equity Shares
Retail Portion	35.07%
Sale Type	Fresh Issue
Issue Type	Bookbuilding IPO
Listing Date	18 Mar 2026
Listing At	NSE
Total Subscription Amount	₹3,088.29 Cr

Issue Reservation

Investor Category	Shares Offered	% Net Issue
QIB	15,39,600	49.88%
- Anchor	9,15,600	0.00%
- QIB (Ex. Anchor)	6,24,000	0.00%
NII	4,64,400	15.05%
- bNII > ₹10L	3,09,600	0.00%
- sNII < ₹10L	1,54,800	0.00%
Retail	10,82,400	35.07%
Market Maker	1,65,600	0.00%
Total	32,52,000	100.00%

IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	2	2,400	₹2,64,000
Individual investors (Retail) (Max)	2	2,400	₹2,64,000
S-HNI (Min)	3	3,600	₹3,96,000
S-HNI (Max)	7	8,400	₹9,24,000
B-HNI (Min)	8	9,600	₹10,56,000

About Company

APSIS Aerocom, founded in 2022, is a precision engineering company that designs specialised components for the aerospace, defence, and healthcare industries. Its manufacturing facility is situated in Peenya Industrial Area, Bangalore, which consists of CNC machines that can make manufacturing parts up to 1,200 mm in length.

It also incorporates CAD/CAM technology to design precision components as per clients requirement. From machining, surface finishing, assembly, quality checking, to final inspection, the firm provides various services to offer high-quality products. APSIS has both domestic and international presence in Karnataka, Telangana, and Maharashtra, and an international presence in the USA, Netherlands, Spain, and Israel. Moreover, the firm includes a staff of 101 employees as of March 31, 2025.

Contact Details

Apsis Aerocom Ltd.

Plot No.392/1,

10th Cross Road

IV Phase Peenya Industrial Area

Bengaluru, Karnataka, 560058

+91 8049932834

cs@apsisaerocom.com

Visit Website

Registrar

Integrated Registry Management Services Pvt Ltd

044 – 28140801

ipo@integratedindia.in

Lead Managers

Oneview Corporate Advisors Pvt Ltd

Day-wise GMP Trend

Date & Time	GMP (₹)	Est. Listing Price	Est. Gain (%)	Est. Profit / Lot (₹)
18-Mar-2026 12:00 PM	+₹26	₹136	+23.64%	₹31,200
17-Mar-2026 12:00 PM	+₹25	₹135	+22.73%	₹30,000
16-Mar-2026 12:00 PM	+₹20	₹130	+18.18%	₹24,000
15-Mar-2026 12:00 PM	+₹18	₹128	+16.36%	₹21,600
14-Mar-2026 12:00 PM	+₹18	₹128	+16.36%	₹21,600
13-Mar-2026 12:00 PM	+₹18	₹128	+16.36%	₹21,600
12-Mar-2026 12:00 PM	+₹25	₹135	+22.73%	₹30,000
11-Mar-2026 12:00 PM	+₹9	₹119	+8.18%	₹10,800
10-Mar-2026 12:00 PM	+₹0	₹110	+0.00%	₹0
08-Mar-2026 02:20 PM	+₹0	₹110	+0.00%	₹0
07-Mar-2026 10:25 AM	+₹0	₹110	+0.00%	₹0
06-Mar-2026 02:00 PM	+₹0	₹110	+0.00%	₹0
05-Mar-2026 02:00 PM	+₹0	₹110	+0.00%	₹0

Subscription Status

Category	Subscription (x)	Shares Offered	Shares bid for	Total Amount (₹ Cr)
QIB (Ex. Anchor)	99.96x	6,24,000	6,23,74,800	₹686.12 Cr
NII	236.61x	4,64,400	10,98,81,600	₹1,208.70 Cr
bNII > ₹10L	294.17x	3,09,600	9,10,76,400	₹1,001.84 Cr
sNII < ₹10L	121.48x	1,54,800	1,88,05,200	₹206.86 Cr
Retail	100.24x	10,82,400	10,84,96,800	₹1,193.46 Cr
Total	129.33x	21,70,800	28,07,53,200	₹3,088.29 Cr

Objects of the Issue

01 Funding Capital Expenditure towards purchase of Machinery; and : 27.02 Cr
02 General Corporate Purpose : 3.91 Cr
03 Issue Expenses : 4.84 Cr

Company Financials

Period Ended	30 SEPT 2025	31 MAR 2025	31 MAR 2024
Total Income	13.70	20.57	16.88
Profit After Tax	3.12	6.64	2.55
EBITDA	4.78	10.20	4.10
NET Worth	13.69	10.57	3.93
Reserves and Surplus	4.89	9.59	2.95
Total Borrowing	2.33	2.84	1.32

Amount in ₹ Crore

IPO Valuation - KPI

KPI	31 Mar 2025
ROCE	65.79%
Return on Net Worth (RoNW)	62.82%
PAT Margin	32.39%
EBITDA Margin	49.80%
Net Asset Value (NAV)	₹12.01
Earning Per Share (EPS)	₹7.54
Price/Earning P/E Ratio	-

Peer Comparison

Company Name	EPS (₹)	P/E (x)	NAV (₹)	RoNW (%)	Income (₹ Cr)
Unimech Aerospace and Manufacturing Ltd	7.54	-	12.01	62.82	20.57

IPO Anchor Investors

Anchor Investors Letter (PDF)

Promoters and Holding Pattern

Basavaraju Kanakatte Shivakumar, Vinod Kumar Mariyappan, Mihir Kumar Pradhan are the company's promoters of Apsis Aerocom.

Particular	Pre IPO	Post IPO
Promoter and Promoter Group	100.00%	73.02%
Others*	0.00%	26.98%

Strengths

1. The company operates a manufacturing facility equipped with advanced machining capabilities, including 3-axis to 5-axis CNC machines, Swiss-type lathes, and additive manufacturing technologies. These capabilities enable the production of complex, high-precision components with tight tolerances and consistent quality.
2. The company has experience manufacturing complex machined components for the aerospace, defence, and healthcare industries. It can process specialised materials such as titanium, stainless steel, high-temperature alloys, Inconel, and engineering polymers to meet demanding technical requirements.
3. The company is recognised as an approved supplier to certain Tier-1 aerospace companies. Its capabilities include compliance with aerospace quality standards such as AS9100D, quality assurance, production control, and delivery performance, creating opportunities to participate in long-term supply chains.
4. The company offers flexible manufacturing capabilities to support different production volumes, ranging from prototypes and research and development components to batch manufacturing and regular supply programmes. This flexibility helps meet varying customer requirements and quick turnaround timelines.
5. The company has experience working in highly regulated industries, including aerospace, defence, and healthcare. Its knowledge of quality standards, documentation, traceability, and compliance requirements supports collaboration with customer engineering teams and adherence to technical specifications.

Risks

1. The company, its promoters, and directors are involved in tax proceedings. Any adverse judgment could negatively affect the company's operations and financial position.
2. The company has a high customer concentration, with its top five customers contributing approximately 94.60%, 97.68%, and 94.22% of revenue in FY25, FY24, and FY23, respectively. The loss of a major customer, reduced order volumes, or changes in procurement strategies could adversely affect revenue and profitability.
3. The company's manufacturing operations depend on the availability and pricing of specialised raw materials, including aluminium, steel, copper, and other aerospace-grade metals and alloys. Global commodity price fluctuations, currency movements, geopolitical developments, and changes in import or export duties could increase input costs and disrupt production.
4. Raw material consumption represents a significant portion of the company's expenses. The company primarily purchases materials against purchase orders without maintaining long-term supply agreements, exposing it to supply chain disruptions, procurement delays, and raw material price increases that could affect production capacity and order fulfilment.
5. The company depends on a limited number of suppliers for key raw materials. Its top five suppliers accounted for approximately 47.33%, 62.41%, and 59.71% of total purchases in FY25, FY24, and FY23, respectively. The top ten suppliers accounted for approximately 61.85%, 79.44%, and 71.14%, respectively. Supplier concentration may create risks related to material availability, pricing, production schedules, and operational continuity.
6. The company reported negative cash flows from investing activities of ₹3.66 crore in FY25, ₹4.91 crore in FY24, and ₹0.45 crore in FY23. It also reported negative cash flows from financing activities of ₹0.81 crore in FY24 and ₹0.36 crore in FY23. Continued cash outflows could create liquidity challenges in the future.

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About Apsis Aerocom IPO

IPO Details

Apsis Aerocom IPO Details and Specifications
IPO Date	11 Mar 2026 to 13 Mar 2026
Face Value	₹10 Per Share
Price Band	₹104.00 - ₹110.00
Lot Size	1200 Shares
Total Issue Size	Approx 36.00 Cr 32,52,000 Equity Shares
Fresh Issue	Approx 36.00 Cr 32,52,000 Equity Shares
Offer for Sale	Approx 0.00 Cr 0 Equity Shares
Retail Portion	35.07%
Sale Type	Fresh Issue
Issue Type	Bookbuilding IPO
Listing Date	18 Mar 2026
Listing At	NSE
Total Subscription Amount	₹3,088.29 Cr

Investor Category

Shares Offered

% Net Issue

QIB

15,39,600

49.88%

- Anchor

9,15,600

0.00%

- QIB (Ex. Anchor)

6,24,000

0.00%

NII

4,64,400

15.05%

- bNII > ₹10L

3,09,600

0.00%

- sNII < ₹10L

1,54,800

0.00%

Retail

10,82,400

35.07%

Market Maker

1,65,600

0.00%

Total

32,52,000

100.00%

Application

Lots

Amount

Individual investors (Retail) (Min)

2,400

₹2,64,000

Individual investors (Retail) (Max)

2,400

₹2,64,000

S-HNI (Min)

3,600

₹3,96,000

S-HNI (Max)

8,400

₹9,24,000

B-HNI (Min)

9,600

₹10,56,000

About Company

Contact Details

Apsis Aerocom Ltd.

Plot No.392/1,

10th Cross Road

IV Phase Peenya Industrial Area

Bengaluru, Karnataka, 560058

+91 8049932834

cs@apsisaerocom.com

Visit Website

Date & Time

GMP (₹)

Est. Listing Price

Est. Gain (%)

Est. Profit / Lot (₹)

18-Mar-2026 12:00 PM

+₹26

₹136

+23.64%

₹31,200

17-Mar-2026 12:00 PM

+₹25

₹135

+22.73%

₹30,000

16-Mar-2026 12:00 PM

+₹20

₹130

+18.18%

₹24,000

15-Mar-2026 12:00 PM

+₹18

₹128

+16.36%

₹21,600

14-Mar-2026 12:00 PM

+₹18

₹128

+16.36%

₹21,600

13-Mar-2026 12:00 PM

+₹18

₹128

+16.36%

₹21,600

12-Mar-2026 12:00 PM

+₹25

₹135

+22.73%

₹30,000

11-Mar-2026 12:00 PM

+₹9

₹119

+8.18%

₹10,800

10-Mar-2026 12:00 PM

+₹0

₹110

+0.00%

₹0

08-Mar-2026 02:20 PM

+₹0

₹110

+0.00%

₹0

07-Mar-2026 10:25 AM

+₹0

₹110

+0.00%

₹0

06-Mar-2026 02:00 PM

+₹0

₹110

+0.00%

₹0

05-Mar-2026 02:00 PM

+₹0

₹110

+0.00%

₹0

Apsis Aerocom IPO Details

About Apsis Aerocom IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Apsis Aerocom IPO open and close?

What is Apsis Aerocom IPO price band?

What is the Apsis Aerocom IPO lot size?

What is the Apsis Aerocom IPO allotment date?

What is the Apsis Aerocom IPO listing date?

What is the minimum investment required in Apsis Aerocom IPO?

Join the discussion

Apsis Aerocom IPO Details

About Apsis Aerocom IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Apsis Aerocom IPO open and close?

What is Apsis Aerocom IPO price band?

What is the Apsis Aerocom IPO lot size?

What is the Apsis Aerocom IPO allotment date?

What is the Apsis Aerocom IPO listing date?

What is the minimum investment required in Apsis Aerocom IPO?

Join the discussion