Apollo Micro Systems Private Limited, a Hyderabad-based company, is coming with an initial share-sale offer. Apollo Micro Systems is in the business of design, development, and manufacturing of electronics and electro-mechanical systems including software. The company had filed the IPO papers with SEBI in September 2017. The IPO of Apollo Micro Systems got approved in November 2017. Now, in 2018, the company is ready to float its IPO. As per the sources, the company has scheduled its IPO from 10 January 2018 to 12 January 2018. The price band of IPO is set at Rs. 270 to Rs. 275 Per Equity Share.
The company wants to raise Rs. 156 crore through this share sale. The prospectus/DRHP can be downloaded from the link given below. Those who are interested in applying to the Apollo Micro Systems IPO must see the Draft Red Herring Prospectus of the IPO. The other important details about the IPO such as Apollo Micro Systems IPO Allotment, Subscription, Financials etc. should check the given space of this page. Candidates will be provided all relevant information about the IPO.
- 1 Apollo Micro Systems IPO
- 2 Apollo Micro Systems IPO, Allotment, Price, Date, Subscription, Grey Market, GMP, Listing Date
- 2.1 Apollo Micro Systems IPO Price
- 2.2 Apollo Micro Systems IPO Date
- 2.3 Apollo Micro Systems IPO Allotment
- 2.4 IPO Listing Date
Apollo Micro Systems IPO
About the company: Apollo Micro Systems Private Limited is an electronic, electromechanical, engineering designs, manufacturing, and supplies company. It is based in Hyderabad. The company was incorporated in 1997. The company design, develop and sell high-performance, mission and time critical solutions to its client. The company sells its product to Ministry of Defence, Government controlled public sector undertakings and private sectors, Defence and Space and Home Land Security.
The company provides COTS (Commercially off-the-shelf) solutions using common hardware and software technology IP’s to its defense and space customers. The company has given solutions to the various Missile programmes, surface to air missiles, nuclear missile programmes, underwater electronic warfare, underwater missiles, surface to surface missile programmes, indigenous submarine programmes UAV’s long and short endurance, ships, space programmes.
Company Promoters: Mr. Karunakar Reddy Baddam
Objects of the Issue
Apollo Micro Systems IPO Grey Market Price, Rates, GMP Premium
|16 January 2018||Rs. 210||Rs. 250||Rs. 9000|
- IPO subscribed 248.51 times, a new record in recent years.
- IPO subscribed 8.99 times on day 2.
- Issue Subscribed 1.47 Times On Day 1.
- IPO is open for the subscription on 10 January 2018.
- Apollo Micro Systems raises Rs 47 cr from anchor investors, It has allotted 16,96,050 shares to four anchor investors at Rs. 275.
- The anchor investors are Sundaram Mutual Fund A/C Sundaram Infrastructure Advantage Fund and Jupiter South Asia Investment Company Ltd – South Asia Access Fund.
- The IPO will open for Anchor Investors subscription on 09 January 2018.
Apollo Micro Systems IPO, Allotment, Price, Date, Subscription, Grey Market, GMP, Listing Date
|Name||Apollo Micro Systems Private Limited|
|Open Date||10 January 2018|
|Close Date||12 January 2018|
|Allotment Date||17 January 2018|
|Issue Price||Rs. 270 - Rs. 275 Per Equity Share|
|Discount||Rs. 12 for RII (Retail Individual Investors) and to eligible employees.|
|Lot Size||50 Shares|
|Minimum Order Quantity||50 Shares|
|Issue Type||Book Built Issue IPO|
|Issue Size||[.] Equity Shares of Rs 10 aggregating up to Rs 156 Crore|
|Lead Manager||Aryaman Financial Services Limited|
|Registrar||Bigshare Services Pvt. Ltd|
|Listing at||NSE / BSE|
Apollo Micro Systems IPO Price
Hyderabad based Apollo Micro Systems set its IPO price between Rs. 270 to Rs. 275 per equity share. The company is planning to raise Rs. 156 crores from the share sale.
Discount for Retail Investors
The company has announced Rs. 12 discount for the RII (Retail Individual Investors) and to eligible employees.
Apollo Micro Systems IPO Date
The company has issued the notification regarding the IPO dates. The IPO of Apollo Micro Systems is going to open from 10 Jan 2018 to 12 Jan 2018.
|Date||Total Revenue||Total Expenses||Profit after Tax|
|31 March 2017||Rs. 211.8||Rs. 186.0||Rs. 18.6|
|31 March 2016||Rs. 159.5||Rs. 144.7||Rs. 10.0|
|31 March 2015||Rs. 108.8||Rs. 99.4||Rs. 7.4|
|31 March 2014||Rs. 72.9||Rs. 65.6||Rs. 5.3|
|31 March 2013||Rs. 37.5||Rs. 33.0||Rs. 3.0|
|**(All Figures in Rs. Crores)|
- Earnings Per Share (EPS): Rs. 13.54
- Price/Earnings (P/E) ratio: Rs. 19.94 – 20.31
- Return on Net Worth (RONW): 29.3%
- Net Asset Value (NAV): Rs. 46.22
Apollo Micro Systems IPO Subscription Details
|Category||SHARES OFFERED||10 January 2018||11 January 2018||12 January 2018|
As per the Draft Red Herring Prospectus of the IPO, Aryaman Financial Services Limited is the Book running lead manager of the IPO.
The company has selected Bigshare Services Pvt. Ltd as the registrar to the issue.
Apollo Micro Systems IPO Allotment
The allotment of Apollo Micro Systems will be announced by Bigshare Services Pvt. Ltd and the expected allotment date of the IPO will be 17 January 2017. The direct allotment link of this IPO will be displayed here on our website. Investors need to check the link here on the expected allotment date.
IPO Listing Date
The listing is expected on 22 January 2018. The actual listing date will be announced here on this page on the allotment date. Please check this page later for the date of the listing.
Apollo Micro Systems Ltd Address
Download IPO DRHP / Prospectus
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