About the Company
The company works in aerospace, defense, and healthcare sectors. Products include machined parts for engines, weapons systems, and medical tools—everything from design help to final checks.
It sells to big manufacturers (OEMs) in India (Karnataka, Telangana, Maharashtra) and abroad (USA, Netherlands, Spain, Israel). Business model: Builds to customer specs or prints, with full in-house production.
READ FULL DRHP HERE: APIS AEROCOM LTD DRHP
IPO Details
| Detail | Information |
|---|---|
| IPO Name | Apsis Aerocom Ltd IPO |
| Exchange | NSE SME |
| IPO Type | Book Built |
| Issue Size | ₹36 Cr |
| Fresh Issue | ₹36 Cr |
| OFS | ₹0 Cr |
| Price Band | ₹104 – ₹110 |
| Lot Size | 1200 shares |
| Minimum Investment | ₹2,49,600 |
| Listing Date | March 18, 2026 |
| Registrar | Integrated Registry Management Services Pvt Ltd |
| Lead Managers | Oneview Corporate Advisors Pvt Ltd |
| SME/Mainboard | SME |
REGISTRAR: INTEGRATED REGISTRY INDIA
How the Company Will Use IPO Money
₹27.02 Cr to buy new machines and expand factory capacity. Rest for general business needs like daily operations.
Key Financial Metrics (Use DRHP Audited Financials)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue (₹ Cr) | 10.41 | 16.88 | 20.57 |
| EBITDA (₹ Cr) | 1.93 | 4.10 | 10.20 |
| EBITDA Margin % | - | - | 49.6 |
| PAT (₹ Cr) | 1.03 | 2.55 | 6.64 |
| PAT Margin % | 9.9 | 15.1 | 32.3 |
| EPS (₹) | - | - | 7.54 |
| Net Worth (₹ Cr) | 1.37 | 3.93 | 10.57 |
| Debt (₹ Cr) | 2.07 | 1.32 | 2.84 |
| Debt-to-Equity Ratio | 1.51 | 0.34 | 0.27 |
| ROE % | - | - | 62.82 |
| ROCE % | - | - | 25.62 |
| Assets (₹ Cr) | 7.22 | 11.93 | 18.58 |
Revenue grew 98% from FY23 to FY25. PAT surged 545% to ₹6.64 Cr, EBITDA 5x to ₹10.20 Cr with margins over 49%. Debt low, ROE exceptional at 63%.
Strengths
- Revenue doubled from ₹10 Cr to ₹21 Cr in two years.
- PAT grew 6x to ₹6.64 Cr, high ROE 63%.
- Certifications like AS9100D for quality in aerospace/defense.
- Exports to USA/Europe/Israel, growing markets.
- End-to-end production keeps control and speed.
Key Concerns & Risks
- New company since 2022, short history.
- Relies on few big clients for most sales.
- Raw metal prices can fluctuate.
- Needs constant certifications in regulated industries.
- Small debt but expansion risks with new machines.
IPO FAQS
What is an IPO?
- An IPO (Initial Public Offering) is when a private company sells its shares to the public for the first time to raise money.
- Example: If a well-known pizza company wants to grow, it can list its shares on the stock exchange so anyone can buy a piece of the company.
How can you apply for an IPO (using Zerodha or Upstox)?
- Make sure you have a Demat account and your bank account is linked.
- Steps:
- Log in to your broker’s app (e.g., Zerodha Kite, Upstox).
- Go to the IPO section.
- Select the company’s IPO you want to apply for.
- Enter how many shares (or ‘lots’) you want and the price you wish to bid.
- Enter your UPI ID, submit your application, and approve the UPI payment request.
How are IPO shares allotted?
- If more people want shares than are available, the company uses a lottery system to decide who gets them.
- If you don’t get shares, your money is simply returned.
What is GMP (Grey Market Premium)?
- GMP shows the extra price people are willing to pay for IPO shares before they officially start trading.
- Example: If IPO price is ₹100 and GMP is ₹20, people are unofficially ready to pay ₹120. It hints at the IPO’s popularity but isn’t a guarantee.
Where to check upcoming IPOs (IPO calendar)?
- Visit popular finance sites like Chittorgarh, IPOWatch, or official exchange websites (NSE, BSE) and look for the “Upcoming IPO” section.
What are IPO listing gains?
- If the share’s price rises on the first trading day, you can make instant profit.
- Example: You buy at ₹150, and it opens at ₹200, you gain ₹50 per share.
How can you make profit from an IPO?
- Quick gains on listing day (if the stock price goes up).
- Long-term: If the company grows, the share price could increase further.
Which IPO is best to buy?
- There is no single best IPO. Check the company’s background, current demand, and GMP, but always research before investing.
- High GMP or popularity doesn’t guarantee profits.
Are IPOs safe?
- IPOs can be profitable but also risky; prices can go up or down sharply.
- Only invest if you are ready for potential losses.
How to check IPO allotment status?
- After the IPO process, check on exchanges (BSE/NSE websites) or the IPO registrar’s site (like K-Fintech, Bigshare,or mufg-intime) by entering your PAN or application number to see if you got shares.
Important Tips for Retail Investors Applying for an IPO
- Use Only Your Own PAN Card:
Avoid using the same PAN card for multiple IPO applications. For example, if you have already applied using your PAN for one IPO, don’t try to apply again with the same PAN under different accounts or through others. - Apply in the Right Category:
Ensure you select the correct investor category (such as Retail Individual Investor) when filling out your application. Applying under a wrong category can lead to rejection or disqualification. - Maintain Sufficient Bank Balance:
Before applying, ensure your bank account linked to the application has enough funds to cover the full bid amount. For instance, if the IPO application requires a payment of ₹15000, make sure your account holds at least that amount. - Use Your Own Bank Account:
Always apply through your own bank account. Using someone else’s account can cause your application to be rejected during the verification process. - Avoid Last-Minute Applications:
Don’t wait until the deadline day or moments before to apply. Last-minute submissions may face technical glitches or processing delays, reducing the chances of success.