The initial public offer (IPO) of Admach Systems received bids for 68,400 shares as against 15,72,000 shares on offer, as per BSE data as of 17:00 hours on Tuesday (23 December 2025). The issue was subscribed 0.04 times.

The issue opened for bidding on Tuesday (23 December 2025) and it will close on Friday (26 December 2025). The price band of the IPO was between Rs 227 to Rs 239 per share. The minimum order quantity is 600 equity shares. The equity shares will list on BSE’s SME platform.

The IPO comprises fresh issue of 17,82,600 equity shares. About 89,400 equity shares will be reserved for subscription by market maker to the issue. The net issue comprises of 16,93,200 equity shares. The issue and the net issue will constitute 26.32% and 25% respectively of the post offer paid up equity share capital of the company

The company intends to utilize the net proceeds for funding of capital expenditure requirements of company towards purchase of new machinery & installation cost thereon, funding working capital requirements of company and for general corporate purpose.

Ahead of the IPO, Admach Systems Polymers on Monday, 22 December 2025, raised Rs 5.03 crore from anchor investors. The board allotted 2.10 lakh shares at Rs 239 per share to 4 anchor investor.

Admach Systems Limited designs, manufactures, and supplies customized special-purpose machines and automation systems for the steel, automobile, food, tooling, and engineering industries. With a production capacity of 100 units per year and 100% utilization in FY 2024–25, the company offers solutions like Black Bar handling, Bar Chamfering and Straightening, Bright Bar processing, Grinding, and Super Finishing. Headquartered in Pune, Maharashtra, Admach Systems delivers innovative, efficient, and high-quality engineering solutions to clients in India and abroad. As of 31 March 2025, the company had 58 full-time employees.

The company recorded revenue from operations of Rs 23.04 crore and net profit of Rs 3.01 crore for the period ended 30 June 2025.