Admach Systems ₹42.60 crores IPO Opens Today; Price Band Set at ₹227.00 to ₹239.00 Per Share 

Mumbai, 23 December 2025: The ₹42.60 crores Admach Systems IPO opens today, 23 December 2025 for subscription and will close on 26 December 2025. The IPO is entirely a fresh issue of 0.18 crore shares with no offer for sale component.

Admach Systems Limited was established in 2008 and is focused on designing, manufacturing and exporting special purpose machines and automation solutions for the Indian and global engineering industries. Its products are mainly used in steel, automobile, food, tooling and other engineering industries. 

The company provides special purpose machines, robotic material handling system, automation and assembly machines, packaging machines and product design. The company has a production capacity of 100 units per year and attained 100% capacity utilization in FY 2024 – 25, manifesting steady growth in demand and efficiency.

Price Band Set at ₹227.00 to ₹239.00 Per Share; Lot Size 600 Shares

Admach Systems IPO is a book build issue of ₹42.60 crores. The issue is entirely a fresh issue of 0.18 crore shares of ₹42.60 crore.

Admach Systems IPO bidding opened for subscription on December 23, 2025 and will close on December 26, 2025. The allotment for the Admach Systems IPO is expected to be finalised on December 29, 2025. Admach Systems IPO will list on BSE SME with a tentative listing date fixed as December 31, 2025.

Admach Systems IPO price band is set at ₹227.00 to ₹239.00 per share. The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹2,86,800.00 (1,200 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (1,800 shares), amounting to ₹4,30,200.

Aftertrade Broking Pvt. Ltd. is the book running lead manager and Maashitla Securities Pvt. Ltd. is the registrar of the issue. The Market Maker of the company areNNM Securities Pvt. Ltd., Aftertrade Broking Pvt. Ltd.

Utilisation of Proceeds

The company proposes to utilise the net proceeds from the Issue towards funding of capital expenditure requirements towards purchase of new machinery and installation cost (₹16.47 crore), funding working capital requirements (₹15.50 crore), and general corporate purposes.

170% Revenue Growth, 82% PAT Rise and 44% ROCE Reflect Sharp FY25 Expansion

Admach Systems Ltd. has delivered strong numbers in FY25, with revenue growing 170% to ₹53.52 crore as compared to ₹19.80 crore in FY24. The company’s profit after tax grew by 82% to ₹6.10 crore, and the EBITDA rose from ₹6.29 crore to ₹10.31 crore indicating increased operating efficiency. The company’s net worth increased drastically to ₹22.03 crore with help of higher reserves of ₹17.04 crore. The total assets increased to ₹55.90 crore and the borrowings dropped to ₹10.66 crore from ₹15.59 crore, strengthening the balance sheet.

In terms of returns and valuation, Admach Systems had witnessed robust turnover ratios as on 31 March 2025. The ROCE of 44.00% and ROE of 43.94% showed a good utilization of capital. RoNW stood at 27.69% and the profitability margin was comfortable with a PAT margin of 11.43% and an EBITDA margin of 19.32%. A debt–equity ratio of 0.48 means that the company has reasonable leverage.

References : https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=4369&type=IPO&idtype=1&status=L&IPONo=7511&startdt=23/Dec/2025

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