Apsis Aerocom IPO
Market Sentiment
Market Lot Size
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 10.41 | 16.88 | 20.57 |
| Expense | 9.04 | 13.46 | 11.63 |
| Profit (PAT) | 1.03 | 2.55 | 6.64 |
| Total Assets | 7.22 | 11.93 | 18.58 |
Promoters: Basavaraju Kanakatte Shivakumar, Vinod Kumar Mariyappan, and Mihir Kumar Pradhan
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 87,99,921 | 100.00% |
| Promoter Holding Post Issue | 1,20,51,921 | 73.02% |
Company Information
APSIS Aerocom, founded in 2022, is a precision engineering company that designs specialised components for the aerospace, defence, and healthcare industries. Its manufacturing facility is situated in Peenya Industrial Area, Bangalore, which consists of CNC machines that can make manufacturing parts up to 1,200 mm in length. It also incorporates CAD/CAM technology to design precision components as per clients requirement. From machining, surface finishing, assembly, quality checking, to final inspection, the firm provides various services to offer high-quality products. APSIS has both domestic and international presence in Karnataka, Telangana, and Maharashtra, and an international presence in the USA, Netherlands, Spain, and Israel. Moreover, the firm includes a staff of 101 employees as of March 31, 2025.
| Purpose | Amount (Cr) |
|---|---|
| Funding Capital Expenditure towards purchase of Machinery; and | 27.02 |
| General Corporate Purpose | - |
Resources & Documents
Apsis Aerocom Ltd., Plot No.392/1,, 10th Cross Road, IV Phase Peenya Industrial Area, Bengaluru, Karnataka, 560058
Apsis Aerocom has set a price band of Rs 104–Rs 110 per share for an issue size of Rs 36 crore. The stock listed with a 39.09% gain versus its issue price on March 18, 2026.
APSIS Aerocom, founded in 2022, is a precision engineering company that designs specialised components for the aerospace, defence, and healthcare industries. Its manufacturing facility is situated in Peenya Industrial Area, Bangalore, which consists of CNC machines that can make manufacturing parts up to 1,200 mm in length.
The issue is promoted by Basavaraju Kanakatte Shivakumar, Vinod Kumar Mariyappan, and Mihir Kumar Pradhan with Oneview Corporate Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding Capital Expenditure towards purchase of Machinery; and (Rs 27 crore) and General Corporate Purpose.
Grey market is quoting a premium of +Rs 18 (+16.4% over issue price), up Rs 12 from the previous session. Final subscription data records overall subscription at 129.41x, retail at 100.24x, QIB at 99.96x, NII at 236.97x.
On fundamentals, the company is posting revenue growth of 21.9%, a profit margin of 32.3%, return on equity of 91.6% in its most recent reported period. Listed peers in this segment include Unimech Aerospace and Manufacturing Ltd (market cap Rs 63 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
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