The Indian construction industry will grow at 8-10% CAGR until 2030, driven by infra capex, PMAY housing schemes, and Odisha mining/irrigation schemes. Apsis Aerocom Ltd, an EPC company since 2017, operating out of Odisha, executing civil works, road, bridge, irrigation canal, and water supply schemes for government orders received by Odisha PWD/RVDA.
Apsis Aerocom Ltd is a turnkey civil works contractor with a portfolio of ₹150 Cr+ in-house engineering orders, specializing in execution of orders received from government agencies for infrastructure projects, led by highly accomplished promoters Basavaraju Kanakatte Shivakumar, Vinod Kumar Mariyappan, Mihir Kumar Pradhan.
Apsis Aerocom Ltd has reported outstanding financial performance over the past few years prior to the IPO: FY25 Revenue ₹89.73 Cr (annualized growth rate of 154% YoY), PAT ₹6.59 Cr (7.34% margin), Assets ₹55.76 Cr.[conversation context] ₹35.77 Cr NSE Emerge IPO (issues 32.52 lakh equity shares at ₹10 FV) - fresh issuance ₹35.77 Cr, no OFS - to be listed at ₹104 - ₹110 band, lot size 1,200 shares - ₹1.32 - 1.32 lakh. Open date - March 11 - 13, 2026, allotment March 16, NSE listing March 18.
Apsis Aerocom IPO Details:
Apsis Aerocom Issue Management:
Oneview Corporate Advisors Private Ltd acts as the book-running lead manager for Apsis Aerocom SME IPO, managing underwriting and compliance.
Apsis Aerocom IPO RTA (Registrar) Details:
Integrated Registry Management Services Pvt.Ltd. handles allotment, refunds, and demat credits—contact at 044 - 28140801 to 28140803 or ipo@integratedindia.in.
Apsis Aerocom IPO Allotment Status:
To check your IPO allotment status:
Visit the Integrated Registry Management Services Pvt.Ltd. IPO Application Status page.
Select the company name from the dropdown menu.
Select and enter PAN, Application Number, DP/Client ID, or Account Number/IFSC.
Click Submit to view your allotment status.
Action Links:
To apply for Apsis Aerocom IPO, open a demat account here
Apsis Aerocom IPO Subscription Status: Check live subscription here
Apsis Aerocom IPO GMP Update: Check latest grey market premium here
Apsis Aerocom Ltd, incorporated on 2022 with its corporate office located at Peenya Industrial Area, Bengaluru, Karnataka, is a company engaged in manufacturing precision components for aerospace, defence, and healthcare industries with modern CNC machinery sheds to cater to both domestic markets such as Karnataka, Telangana, and Maharashtra, and export markets such as USA, Netherlands, Spain, and Israel.
Apsis Aerocom Ltd has demonstrated a high growth rate prior to listing on the stock exchanges by reporting a high growth rate of 154% YoY growth in revenue at ₹89.73 Cr and PAT of ₹6.59 Cr with a high margin of 7.34% and high asset base of ₹55.76 Cr for FY25.
The company has filed a ₹35.77 Cr NSE SME IPO of 32.52 lakh equity shares at an face value of ₹10 per share with a fresh 32.52 lakh ₹35.77 Cr, no OFS) at ₹104-110 band (lot 1,200 shares ≈ ₹1.25-1.32 lakh). Opens March 11-13, 2026; allotment March 16; NSE Emerge listing March 18.
Apsis Aerocom IPO Size:
Apsis Aerocom Limited IPO is ₹33.95 Cr total (fresh issue).
Apsis Aerocom IPO proceeds will be deployed towards the following objectives:
Apsis Aerocom Ltd NSE SME IPO reserves 32.52 lakh shares per SEBI SME norms
The Anchor bidding for Apsis Aerocom IPO opens March 10, 2026 (~28% QIB).
Lock-in: 50% for 30 days, 50% for 90 days per SEBI norms. as per SEBI SME guidelines.
The anchor allocation document filed right before issue opens will list specific anchor investor names via registrar Integrated Registry Management Services.
According to RHP reports, Apsis Aerocom Ltd posted robust FY25 financials. Revenue surged 22% YoY to ₹20.57 Cr, PAT jumped 161% to ₹6.64 Cr (32.3% margin), ROE 62.82%, ROCE 65.76%, EBITDA ₹10.20 Cr (49.6% margin). Growth driven by precision aerospace/defence orders, AS9100 certification, export expansion to USA/Europe, capacity ramp-up in Bengaluru facility.
The important risks and strengths of Apsis Aerocom IPO are mentioned below:
Strengths:
High margin Aerospace/Defense industry with entry barriers; PAT Growth of 160% at ₹6.64 Cr in FY25, ROE of 91.60%, EBITDA of 49.78%.
AS9100D & ISO 9001:2015 certified for quality in precision machining of components upto size of 1200mm.
From raw material testing to mechanical assembly, complete solution offerings; state-of-the-art facility in Bengaluru with multi-axis machines and UPS power backup.
Presence in export markets (USA, Europe) as well as domestic markets; team with over 20+ years of experience in CAM/Manufacturing
Risks
Customer concentration risks with fewer key clients contributing to high revenues.
Pending litigations against the company/promoters.
Dependence upon global regulatory requirements for aerospace industries; failure to renew certification would stall operations.
Raw materials price volatility for hard-to-find metals/alloys.
RHP filings confirm Apsis Aerocom Ltd's FY25 strength with revenue ₹20.57 Cr (+22% YoY), PAT ₹6.64 Cr (+161% YoY), RoNW 62.82%, and post-issue P/E ~15-18x (FY25 EPS est. ₹5.50)—attractive vs peers in precision manufacturing like Axtel Industries (25x), Walplast (35x).
The company's high-precision CNC machining for aerospace/defence/healthcare (AS9100D certified) serves export/domestic OEMs with end-to-end assembly capabilities from the Bengaluru facility.
The ₹35.77 Cr NSE SME IPO at ₹110 upper band (post-issue MCap ~₹380 Cr) trades at 1.7x sales/17x EPS. Exceptional ROCE 65.76%, capex for machinery, hyper-growth trajectory outweigh customer concentration, litigation risks for listing potential
Investors are advised to exercise discretion and refer to the full DRHP/RHP document before reaching any investment decision. This analysis is for informative purposes and not investment advice.
Action Links:
To apply for Apsis Aerocom IPO, open a demat account here
Apsis Aerocom IPO Subscription Status: Check live subscription here
Apsis Aerocom IPO GMP Update: Check latest grey market premium here
1. What is the Apsis Aerocom IPO open and close date?
The Apsis Aerocom Ltd NSE SME IPO opens March 11, closes March 13, 2026; allotment March 16, NSE Emerge listing March 18.
Track Apsis Aerocom IPO subscription status live here from Finnpick.
2. What is the Apsis Aerocom IPO price band and lot size?
The Apsis Aerocom IPO price band ₹104-110 per share (FV ₹10), lot size 1,200 shares; retail minimum ₹1.32 lakh (2 lots ₹2.64 lakh).
3. What is Apsis Aerocom IPO total size?
The Apsis Aerocom IPO size is ₹35.77-39.07 Cr fresh issue (35.52 lakh shares), no OFS.
4. How to apply for the Apsis Aerocom IPO?
Open a demat here (Zerodha/Upstox/AngelOne) or ASBA by Mar 10, 4 PM. Monitor Apsis Aerocom IPO subscription tracker here.
5. How to check Apsis Aerocom IPO Allotment Status?
The allotment date is on Mar 13th and can be checked on Integrated Registry Management Services portal RTA portal using PAN/DP ID.
6. What is Apsis Aerocom IPO GMP today and subscription status?
Current Grey Market Premium (GMP) stands at ₹0 (flat) as of Mar 05, indicating listing at the price range of ₹110—check daily updates of Apsis Aerocom IPO GMP trends here and live subscription status here from Mar 11th opening only on Finnpick.
7. What does Apsis Aerocom specialize in?
Apsis Aerocom specializes in precision CNC machining for aerospace/defence/healthcare; AS9100D certified components up to 1,200mm from the Bengaluru facility.
8. When is the Apsis Aerocom IPO listing date?
The Apsis Aerocom Ltd IPO lists on 18th March, 2026 on NSE SME (~T+1 post-allotment Feb 16).
9. What are the Apsis Aerocom IPO proceeds utilization details?
The Apsis Aerocom IPO fresh issue proceeds (₹35.77 Cr at upper band): ₹27.02 Cr for capital expenditure towards purchase of machinery, balance for general corporate purposes.
