Apollo Micro Systems Limited IPO, Apollo Micro Systems IPO Detail

By | January 16, 2018
Apollo Micro Systems Limited IPO, Apollo Micro Systems IPO Detail, Apollo Micro Systems Allotment, Date, Listing Date, Prospectus, DRHP, Apollo Micro Systems IPO Price, Review, Apollo Micro Systems IPO Subscription, Financials and other details.

Apollo Micro Systems IPO

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.

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

  • To meet additional working capital requirement of the Company
  • General corporate purposes.

Apollo Micro Systems IPO Grey Market Price, Rates, GMP Premium

DateGMPKostak RateSauda
16 January 2018Rs. 210Rs. 250Rs. 9000

IPO Updates

  1. IPO subscribed 248.51 times, a new record in recent years.
  2. IPO subscribed 8.99 times on day 2.
  3. Issue Subscribed 1.47 Times On Day 1.
  4. IPO is open for the subscription on 10 January 2018.
  5. Apollo Micro Systems raises Rs 47 cr from anchor investors, It has allotted 16,96,050 shares to four anchor investors at Rs. 275.
  6. The anchor investors are Sundaram Mutual Fund A/C Sundaram Infrastructure Advantage Fund and Jupiter South Asia Investment Company Ltd – South Asia Access Fund.
  7. 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

NameApollo Micro Systems Private Limited
Open Date10 January 2018
Close Date12 January 2018
Allotment Date17 January 2018
Refund Date
Listing Date
Issue PriceRs. 270 - Rs. 275 Per Equity Share
DiscountRs. 12 for RII (Retail Individual Investors) and to eligible employees.
Lot Size50 Shares
Minimum Order Quantity50 Shares
Issue TypeBook Built Issue IPO
Issue Size[.] Equity Shares of Rs 10 aggregating up to Rs 156 Crore
Lead ManagerAryaman Financial Services Limited
RegistrarBigshare Services Pvt. Ltd
Listing atNSE / BSE
IPO Poll

Would you apply to the Apollo Micro Systems IPO?

  • Yes (93%, 732 Votes)
  • No (7%, 59 Votes)

Total Voters: 791

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What would be the listing price of Apollo Micro Systems IPO?

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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.

Financials

DateTotal RevenueTotal ExpensesProfit after Tax
31 March 2017Rs. 211.8Rs. 186.0Rs. 18.6
31 March 2016Rs. 159.5Rs. 144.7Rs. 10.0
31 March 2015Rs. 108.8Rs. 99.4Rs. 7.4
31 March 2014Rs. 72.9Rs. 65.6Rs. 5.3
31 March 2013Rs. 37.5Rs. 33.0Rs. 3.0
**(All Figures in Rs. Crores)
Valuations

  • 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

CategorySHARES OFFERED10 January 201811 January 201812 January 2018
RII21092803.7815.1440.19
NII8638000.511.58958.07
QIB11518750.323.25101.93
Employees200003.949.8216.04
Total41449552.148.99248.51

Lead Managers

As per the Draft Red Herring Prospectus of the IPO, Aryaman Financial Services Limited is the Book running lead manager of the IPO.

Registrar

The company has selected Bigshare Services Pvt. Ltd as the registrar to the issue.

Bigshare Services Pvt. Ltd

  • Telephone: +91-22-40430200
  • Fax: +91-22-2847 5207
  • Email: [email protected]
  • Website: www.bigshareonline.com

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.

Apollo Micro IPO Allotment

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

Registered Office and Corporate Office: Plot No 128/A, Road No. 12,
BEL Road, IDA Mallapur, Uppal Mandal,
Hyderabad– 500 076, Telangana, India

Telephone: +91-40-2716 7000 – 99
Fax: +91-40-2715 0820
E-mail: [email protected]
Website: www.apollo-micro.com

Download IPO DRHP / Prospectus

Download Now – Click Here.

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