| The initial public offer (IPO) of Apsis Aerocom received bids for 73,12,800 shares as against 23,36,400 on offer, as per NSE data as of 17:00 hours on Wednesday (11 March 2026). The issue was subscribed 3.13 times.
The issue opened for bidding on Wednesday (11 March 2026) and it will close on Friday (13 March 2026). The price band of the IPO is fixed between Rs 104 to Rs 110 per share. The minimum order quantity is 1,200 equity shares. The equity shares will list on NSE’s SME platform.
The IPO comprises fresh issue of 32,52,000 equity shares. About 1,65,600 equity shares will be reserved for subscription by market maker to the issue. The net issue comprises of 30,86,400 equity shares.
The company intends to utilize the net proceeds for funding capital expenditure towards purchase of machinery and general corporate purposes.
Ahead of the IPO, Apsis Aerocom on 10 March 2026, raised Rs 10.37 crore from anchor investors. The board allotted 9.15 lakh shares at Rs 110 per share to 7 anchor investors.
Apsis Aerocom operates in the precision engineering sector, primarily focusing on the manufacture of components and related services for the aerospace, defence and healthcare industries. The company leverages modern manufacturing technologies to deliver engineering and precision machining services, offering end-to-end solutions that range from design support to final product delivery. As of 30 September 2025, the company had a total workforce of 105 employees.
The company recorded revenue from operations of Rs 13.65 crore and net profit of Rs 3.12 crore for the period ended 30 September 2025.
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