Admach Systems Limited
Bookbuilding IPO · BSE
- Price band
- ₹227 - ₹239
- Lot size
- 600 shares
- Issue amount
- ₹42.6 cr
- Total subscription
- 4.57×
- Opens
- 23 Dec 2025
- Closes
- 26 Dec 2025
- Allotment
- 29 Dec 2025
- Listing
- 31 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 17,82,600 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,36,200
- Fresh issue
- ₹42.6 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,43,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 49,90,200
- Shares after issue
- 67,72,800
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 1,200 | ₹2,86,800 |
| sHNI | 3 | 1,800 | ₹4,30,200 |
| bHNI | 7 | 4,200 | ₹10,03,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 26 Dec 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 3 |
| NIB | 0 | 765 |
| RETAIL | 601 | 2,264 |
| HNIs(10L +) | 141 | 505 |
| HNIs (2-10L) | 70 | 260 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 6.12 | 14.12 |
| FIIs | 0 | 4 |
| Others | 0 | 10.12 |
| RETAIL | 17.22 | 64.93 |
| HNIs 2+ | 3.03 | 11.33 |
| HNIs 10+ | 6.06 | 58.01 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 6.05 | 12.57 | 7.45 |
| ROE | 51.28 | 43.94 | 82.57 |
| ROCE | 68.49 | 44 | 68.59 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 19.56 | 0 |
| POST IPO(PE) | 13.41 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Affordable Robotic & Automation Ltd | 41.72 | 221.95 | 10.00 | 98.97 | 5.38 | 5.32 |
| Admach Systems Ltd | 19.56 | 0 | 10.00 | 44.14 | 27.69 | 12.57 |
| Bemco Hydraulics Ltd | 2.52 | 106.15 | 10.00 | 313.90 | 15.00 | 42.09 |
Company information
Company profile
Incorporated in 2008, Admach Systems Limited is engaged in the design, manufacture, export, and supply of customised special purpose machines and automation systems for the Indian and global engineering industry, catering to sectors such as steel, automobile, food, tooling, and other engineering segments. The company operates from its office and manufacturing facility located at Sanas Nagar Nandoshi, Pune, Maharashtra, and specialises in special purpose machines, robotic material handling systems, automation and assembly machines, packaging machines, and product design. Admach Systems has an annual production capacity of 100 units and achieved 100% capacity utilisation in FY 2024–25, reflecting strong demand and operational efficiency, with a product portfolio that includes black and bright bar solutions, bar chamfering and straightening machines, grinding solutions, and super finishing solutions for high-quality surface finishes.
Strengths
- Experienced Leadership: Promoters and execution team bring strong technical and managerial expertise for customised engineering solutions.
- Diverse Customer Base: Serves multiple engineering industries, reducing dependence on any single client.
- Quality Focus: Strong quality checks ensure reliable delivery and repeat business.
Risk factors
- Industry Concentration Risk: Heavy reliance on the steel and NDT equipment sectors makes the business vulnerable to industry downturns.
- Product Concentration Risk: A large share of revenue comes from steel machines, NDT equipment, and packaging machines, making performance sensitive to changes in demand.
- Geographic Concentration Risk: Significant revenue from Maharashtra increases exposure to regional disruptions.
Promoters
Ajay Chamanlal Longani
Rajni Ajay Longani
Mahesh Chamanlal Longani
Sonal Mahesh Longani
Registrar & documents
Lead manager
Aftertrade Broking Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Survey No 122, Village Nandoshi, Off Pune Sinhagad Road, Khadakwasla R.S., Pune, Maharashtra, 411024
+91-7020909040
[email protected]Company website ↗Understanding ADMACH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.