Apsis Aerocom IPO Overview
Apsis Aerocom Limited is an Indian precision engineering company specializing in the manufacturing of high-precision components used in aerospace, defence, RF communication, and healthcare equipment. The company provides CNC machining, fabrication, and complete component manufacturing solutions for critical industries requiring tight tolerances and high reliability.
The company is launching its SME IPO on the NSE SME platform, aiming to raise approximately ₹35.77 crore through a fresh issue of equity shares. The price band is ₹104–₹110 per share, and the lot size is 1,200 shares, making the minimum retail investment around ₹1.32 lakh.
The IPO opens on 11 March 2026 and closes on 13 March 2026, with listing expected around 18 March 2026.
IPO DETAILED INFORMATION
Issue Details
| Parameter | Details |
| IPO Type | Book Built – SME |
| Listing Exchange | NSE SME |
| IPO Open Date | 11 March 2026 |
| IPO Close Date | 13 March 2026 |
| Allotment Date | 16 March 2026 (Expected) |
| Refund Initiation | 17 March 2026 |
| Credit to Demat | 17 March 2026 |
| Listing Date | 18 March 2026 (Tentative) |
| Price Band | ₹104 – ₹110 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,200 shares |
| Minimum Investment | ₹1,32,000 (approx) |
| Issue Size | ₹35.77 crore |
| Fresh Issue | 32.52 lakh shares |
| Offer For Sale | Nil |
Note: Entire IPO is fresh issue, meaning no promoter exit.
Issue Break-up
| Category | Allocation |
| Qualified Institutional Buyers (QIB) | ~50% |
| Non-Institutional Investors (NII) | ~15% |
| Retail Investors | ~35% |
| Market Maker | Reserved Portion |
Selling Shareholders (OFS)
There is no Offer For Sale (OFS) in this IPO.
All funds raised will go directly to the company for business expansion and operational growth.
Objects of the Issue (Fund Utilization)
The company plans to use the IPO proceeds for:
- Purchase of new advanced CNC machines and equipment
- Capacity expansion of manufacturing facilities
- Working capital requirements
- General corporate purposes
These investments will help the company increase production capability and meet growing demand from aerospace and defence sectors.
Lead Managers & Registrar
- Book Running Lead Manager: Oneview Corporate Advisors Pvt Ltd
- Registrar to the Issue: Integrated Registry Management Services Pvt Ltd
Promoters & Management
The company is promoted by:
- Mr. Anil Kumar
- Mr. Suresh Kumar
The promoters bring technical and manufacturing expertise in precision engineering and aerospace component manufacturing.
Promoter Holding: Expected to remain strong after IPO.
Company Details
Apsis Aerocom Ltd operates in the precision manufacturing and aerospace components sector, producing high-tolerance components using advanced CNC machining technology.
The company serves industries such as:
- Aerospace
- Defence
- RF communication
- Medical devices
Key Capabilities
- Multi-axis CNC machining
- Aerospace-grade manufacturing standards
- High-precision component manufacturing
- Design-to-manufacturing solutions
Certifications
- AS9100D (Aerospace Quality Standard)
- ISO 9001:2015
These certifications help the company qualify for aerospace and defence contracts.
Financial Snapshot
| Period | Revenue (₹ Cr) | PAT (₹ Cr) |
| FY25 | ~20.57 | ~6.64 |
| FY24 | ~16.88 | ~2.55 |
Key Financial Metrics
- ROE: ~91%
- EBITDA Margin: ~49%
The company has shown strong profit growth and high margins, which is uncommon for many SME companies.
Company Strengths
- Growing aerospace and defence manufacturing sector in India
- High profit margins and strong ROE
- Specialized precision engineering capabilities
- Advanced CNC machining infrastructure
- Certified aerospace manufacturing standards
Key Risks & Challenges
- Very young company (founded recently)
- High dependence on aerospace and defence sector demand
- SME IPO liquidity risk
- Capital-intensive machinery investments
Disclaimer
This document is for informational purposes only and should not be considered as investment advice. Investors should read the Red Herring Prospectus (RHP) carefully and consult a financial advisor before investing in any IPO. Market investments are subject to risk.
