Apsis Aerocom was incorporated on August 16, 2022. The company operates in the precision engineering sector, primarily manufacturing components and providing related services for the aerospace, defence, and healthcare industries. It offers end-to-end engineering and precision machining solutions, from design support to final product delivery
| Bidding Dates |
|---|
| 11 Mar 2026 - 13 Mar 2026 |
| Subscription |
|---|
| 120.24x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,49,600 | 2 | 2 | 1200 | 3.3 M | ₹104 - ₹110 | 73.02 % | ₹338.2 M - ₹357.7 M | RHP DOC |
Apsis Aerocom IPO SUBSCRIPTION STATUS
13 Mar '26Apsis Aerocom IPO overall subscription rate was 120.24 times the total available shares
Apsis Aerocom IPO retail subscription rate was 132.68 times in the retail segment
Apsis Aerocom IPO non-institutional investor subscription rate was 314.01 times in the non-institutional investor category
Apsis Aerocom IPO Qualified Institutional Bidder subscription rate was 53.39 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
13 Mar 2026 (Day 3) | 132.68x | 314.01x | 53.39x |
12 Mar 2026 (Day 2) | 23.89x | 40.67x | 0x |
11 Mar 2026 (Day 1) | 5.46x | 8.13x | 0x |
Apsis Aerocom FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 13.7 | 3.1 | 2.9 | 0.4 | 35.0% |
| FY25 | 20.5 | 6.6 | 1.6 | -2.1 | 49.8% |
| FY24 | 16.9 | 2.6 | 5.8 | 0.8 | 24.3% |
| FY23 | 10.4 | 1.0 | 1.3 | 0.8 | 18.6% |
Apsis Aerocom IPO SUBSCRIPTION STATUS DETAILS
Apsis Aerocom had 3.3 M shares on offer
Apsis Aerocom IPO offer price was in the range ₹104 - ₹110
Apsis Aerocom IPO minimum Investment was ₹249600
Apsis Aerocom IPO issue size was ₹ 338.2 M - ₹ 357.7 M
Apsis Aerocom had a minimum lot size of 1200 Shares per application
Apsis Aerocom NUMBER OF SHARES ON OFFER
Apsis Aerocom IPO IMPORTANT DATES
| Issue Open Date | 11 Mar 2026 |
| Issue close Date | 13 Mar 2026 |
| Allotment Date | 16 Mar 2026 |
| Refund Date | 17 Mar 2026 |
| Demat Account Credit Date | 17 Mar 2026 |
| Listing Date | 18 Mar 2026 |
| Listing on Exchange(s) | NSE |
| Apsis Aerocom Allotment Status | Exchange/ Registrar |
Apsis Aerocom IPO subscription opened on 11 Mar 2026, and closed on 13 Mar 2026
IPO allotment for Apsis Aerocom was finalized on Monday, 16 Mar 2026
IPO listing for Apsis Aerocom was on NSE on Wednesday, 18 Mar 2026
Apsis Aerocom IPO LISTING GAINS
| Issue Price (adjusted) | 110.0 |
| Listing Open Price | 153.0 |
| Listing Close Price | 160.7 |
| Listing Gain% | 39.1% |
| Current Gain% | 323.7% |
Apsis Aerocom Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apsis Aerocom Ltd. | 466.1 | 561.7 | 74.8 | 5.7 | 18.3 | 15.4 | 11.9 | 30.8 | 49.5 | 7.5 | 13.2 | 6.2 | 13.2 |
| Cummins India Ltd. | 5426 | 150408.7 | 63.5 | 6 | 11.9 | 27.9 | 20.9 | 12660.5 | 16.8 | 2361.8 | 18.1 | 85.4 | 10.6 |
| GE Vernova T&D India Ltd. | 4299 | 110074.4 | 84.3 | 1.2 | 16.4 | 45.8 | 15.9 | 6297.2 | 44.6 | 1233.2 | 102.7 | 51 | 70.6 |
| 3M India Ltd. | 36035 | 40593.8 | 77.7 | 6.4 | 8 | 29.5 | 16.6 | 5138.5 | 13.8 | 522.3 | 9.7 | 463.7 | 12.2 |
| Kirloskar Oil Engines Ltd. | 2161.7 | 31457 | 57.6 | 3.7 | 4 | 15.9 | 5.3 | 7771.2 | 21.5 | 574.3 | 17.4 | 37.5 | 15.8 |
| Jyoti CNC Automation Ltd. | 784.3 | 17836.8 | 55.4 | -12.6 | 8.1 | 16.8 | 9.3 | 2153.6 | 17.5 | 336 | 6.3 | 14.1 | -4.4 |
Apsis Aerocom INFORMATION ON IPO ISSUE
About Apsis Aerocom
Apsis Aerocom was incorporated on August 16, 2022. The company operates in the precision engineering sector, primarily manufacturing components and providing related services for the aerospace, defence, and healthcare industries. It offers end-to-end engineering and precision machining solutions, from design support to final product delivery
Object of the Issue
- Funding capital expenditure towards purchase of machinery
- General corporate purposes
Apsis Aerocom - PROMOTERS
| Name |
|---|
| Basavaraju Kanakatte Shivakumar |
| Mihir Kumar Pradhan |
| Vinod Kumar Mariyappan |
Apsis Aerocom - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Basavaraju Kanakatte Shivakumar | Managing Director |
| Vinod Kumar Mariyappan | Whole-Time Director |
| Mihir Kumar Pradhan | Chairman & Executive Director |
| Aniruddh Kumar | Independent Director |
| Jayanthi Amarnath Bhagath | Independent Director |
| Dayananda Swamy Mallikarjunappa | Independent Director |
Apsis Aerocom Book Running Lead Manager
Oneview Corporate Advisors Private Limited
mbd@oneviewadvisors.com
Apsis Aerocom Registrar to the issue
Integrated Registry Management Services Private Limited
smeipo@integratedindia.in
Apsis Aerocom Strengths
Versatile supplier with domestic & international reach
The company manufactures and supplies aerospace, defence, and healthcare components to both domestic and international customers, including those in the USA, Netherlands, Spain, and Israel. Its diversified market presence reduces geographic dependence and supports long-term business resilience by leveraging opportunities across global markets
Reliable power backup
The company’s manufacturing operations are supported by UPS systems that provide backup power during outages, enabling safe shutdown of equipment and protection of sensitive machinery. Backup is also available for computers and office systems, ensuring data safety and continuity of administrative functions
Modern manufacturing facility
The company maintains stringent quality systems supported by certifications such as AS 9100D and ISO 9001:2015 to meet the rigorous requirements of its customers. By combining advanced technology with skilled workforce training, it ensures the production of high-precision components with consistent quality and performance
Apsis Aerocom Risks
Approvals & licenses
The company’s operations depend on obtaining and renewing various regulatory approvals and licenses, particularly in the aerospace, defence, and healthcare sectors. Any delay, non-compliance, or regulatory changes could adversely affect its operations, expansion plans, and financial performance
Counterparty credit risk
The company faces counterparty credit risk, and delays or defaults in customer payments could negatively affect its cash flows and financial condition. Macroeconomic challenges or inability to fulfill contractual obligations may also lead to delayed billing, increased receivables, and adverse operational impact
Inventory management risks
The company must maintain adequate inventory to meet customer demand and ensure timely order fulfilment. Excess or insufficient inventory could increase costs, disrupt supply, and negatively impact operations and financial performance
IPO FAQs
The promoters of the company are Basavaraju Kanakatte Shivakumar, Mihir Kumar Pradhan and Vinod Kumar Mariyappan.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 104.0 - 110.0.
The IPO application opens on Mar 11, 2026 and closes on Mar 13, 2026.
The minimum lot size for the IPO is 2400. The maximum lot size for the IPO is 2400.
For all category investors, the minimum application amount for this IPO is Rs. 249,600.0, the maximum value for this IPO is Rs 264,000.0.
This IPO will be allotted on Mar 16, 2026.
The refund will be credited to your account on Mar 17, 2026.
The allotted shares will be credited to your demat on Mar 17, 2026.
Apsis Aerocom Ltd.’s shares listed on the stock exchanges on Mar 18, 2026.