Apsis Aerocom Limited
Bookbuilding IPO · NSE
- Price band
- ₹104 - ₹110
- Lot size
- 1,200 shares
- Issue amount
- ₹35.77 cr
- Total subscription
- 129.41×
- Opens
- 11 Mar 2026
- Closes
- 13 Mar 2026
- Allotment
- 16 Mar 2026
- Listing
- 18 Mar 2026
Offer at a glance
Issue overview
- Issue size
- 3,25,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,24,800
- Fresh issue
- ₹35.77 cr
- Offer for sale
- ₹0 cr
- Registrar
- Integrated Registry Management Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,32,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 87,99,921
- Shares after issue
- 1,20,51,921
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,64,000 |
| sHNI | 3 | 3,600 | ₹3,96,000 |
| bHNI | 8 | 9,600 | ₹10,56,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 13 Mar 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 74 |
| NIB | 0 | 14,064 |
| RETAIL | 451 | 45,207 |
| HNIs(10L +) | 86 | 9,117 |
| HNIs (2-10L) | 43 | 4,947 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 6.86 | 686.12 |
| FIIs | 0 | 106.06 |
| FIs | 0 | 0.11 |
| Others | 0 | 579.96 |
| RETAIL | 11.91 | 1,193.46 |
| HNIs 2+ | 1.7 | 206.86 |
| HNIs 10+ | 3.41 | 1,003.66 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 3.55 | 7.54 | 2.9 | 1.17 |
| ROE | 25.75 | 91.6 | 96.36 | 73.13 |
| ROCE | 25.62 | 65.79 | 64.04 | 42.18 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 14.58 | 0 | 0 |
| POST IPO(PE) | 19.97 | 0 | 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) (₹) |
|---|---|---|---|---|---|---|
| Unimech Aerospace And Manufacturing Limited | 225.90 | 908.10 | 5.00 | 102.87 | 3.65 | 4.02 |
| Apsis Aerocom Limited | 14.58 | 110.00 | 10.00 | 12.01 | 62.82 | 7.54 |
Company information
Company profile
Founded in 2022, APSIS Aerocom Limited operates in the precision engineering sector and focuses on manufacturing components and providing related services for the aerospace, defence, and healthcare industries. The company runs a manufacturing facility in the Peenya Industrial Area, Bangalore, divided into two sections, and equipped with advanced CNC machines capable of machining components up to 1,200 mm in length. It also supports CAD/CAM-based design, process development, and precision machining, allowing the company to deliver end-to-end production based on customer designs and specifications. APSIS Aerocom provides solutions such as precision machined components, surface finishing, assembly, quality control, and final inspection. The company has a presence in domestic markets including Karnataka, Telangana, and Maharashtra, and also serves international markets such as the United States, Netherlands, Spain, and Israel.
Strengths
- Advanced Manufacturing Infrastructure: The company operates advanced manufacturing facilities equipped with multi-axis CNC machines, Swiss-type lathes, and additive manufacturing technologies, enabling high-precision machining, rapid prototyping, and efficient production of complex components.
- Expertise in Complex Precision Machining: The company has strong capabilities in manufacturing intricate components with ultra-tight tolerances, superior surface finishes, and multi-material integration, catering to highly demanding industries.
- Approved Supplier to Tier-1 Aerospace Companies: Recognized as an approved supplier to global aerospace Tier-1 companies, the company adheres to AS9100D quality standards and consistently meets stringent requirements related to quality, compliance, and delivery reliability.
Risk factors
- Customer Grievance & Quality Risk: Customer complaints related to product quality, dimensional accuracy, or delivery timelines may arise. Any inability to resolve such grievances effectively could adversely affect revenue, client relationships, and the company’s reputation.
- Regulatory Approval Risk: Operations require multiple regulatory approvals and licenses, particularly for industries such as aerospace, defence, and healthcare. Delays or failure to obtain or renew these approvals may impact operations and future expansion plans.
- Customer Outsourcing Dependency Risk: The business model relies significantly on OEMs outsourcing precision manufacturing. Any shift by customers toward in-house production or alternative suppliers may negatively affect sales volumes and long-term growth prospects.
Promoters
Basavaraju Kanakatte Shivakumar
Vinod Kumar Mariyappan
Mihir Kumar Pradhan
Registrar & documents
Lead manager
Oneview Corporate Advisors Private Limited
Registrar & contacts
Integrated Registry Management Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No.392/1, 10th Cross Road IV Phase Peenya Industrial Area Bengaluru, Karnataka, 560058
+91 8049932834
[email protected]Company website ↗Understanding APSISAERO 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.