SME

IPO ·

NSE SME

Apsis Aerocom Ltd

Listed

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.

Issue details

Price band

₹104 – ₹110

Face value

₹10

Lot size

1,200 shares

Minimum investment

₹2,64,000

Issue size

₹35.77 Cr

Fresh issue

₹33.95 Cr

Offer for sale

—

Issue type

Book Built

Exchange

NSE SME

Key dates

Opens

11 Mar 2026

Closes

13 Mar 2026

UPI mandate cut-off

5:00 PM on 13 Mar 2026

Allotment

16 Mar 2026

Refunds

17 Mar 2026

Shares in demat

17 Mar 2026

Listing

18 Mar 2026

Subscription and listing

Subscription

91.24x

Listing price

₹153

Registrar

Integrated Registry Management Services Pvt Ltd

Lead manager

Oneview Corporate Advisors

Subscription by category

Total

91.24x

Total applications

59,203

Anchor investors

Amount raised

₹10.07 Cr

Bid date

10 Mar 2026

50% lock-in ends

15 Apr 2026

Rest lock-in ends

14 Jun 2026

Listing day

Issue price

₹110

Open

₹153.00

High

₹160.65

Low

₹147.20

Day close

₹160.65

Listing gain at open

+39.09%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

15,39,600

47.34%

Anchor Investor Shares Offered

9,15,600

28.15%

QIB (Ex. Anchor) Shares Offered

6,24,000

19.19%

NII Shares Offered

4,64,400

14.28%

bNII > ₹10L

3,09,600

9.52%

sNII < ₹10L

1,54,800

4.76%

Retail Shares Offered

10,82,400

33.28%

Market Maker Shares Offered

1,65,600

5.09%

Total Shares Offered

32,52,000

100.00%

Finaccle’s quick read

Apply

FY25 income up 22%, PAT up 160%, ROE 25.75%, post-issue P/E 19.97x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

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.

Founded

2022

2022

Promoters

Basavaraju Kanakatte Shivakumar,

Basavaraju Kanakatte Shivakumar,

Promoter holding

100% pre-issue; 73.02% post-issue

100% pre-issue; 73.02% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Sep 2025

Sep 2025

13.70

13.70

4.78

3.12

3.12

13.69

2.33

2.33

23.56

FY25

FY25

20.57

20.57

10.20

6.64

6.64

10.57

2.84

2.84

18.46

FY24

FY24

16.88

16.88

4.10

2.55

2.55

3.93

1.32

1.32

11.93

FY23

FY23

10.41

10.41

1.93

1.03

1.03

1.37

2.07

2.07

7.22

ROE

25.75%

ROCE

25.62%

Debt / equity

—

PAT margin

22.88%

P/E post issue

19.97

Market cap

₹132.57 Cr

Use of IPO money

Funding Capital Expenditure towards purchase of Machinery

₹27.02 Cr

General Corporate Purposes

₹3.91 Cr

Issue Expenses

₹4.84 Cr

Strengths

✓

Revenue up 22% in FY25 to ₹20.57 Cr

✓

PAT up 160% in FY25 to ₹6.64 Cr

✓

PAT margin of 22.88%

✓

ROE of 25.75% and ROCE of 25.62%

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.