Apsis Aerocom IPO Opens For Subscription Today; ₹35.77 Crore Fresh Issue Targets NSE SME Listing

Mumbai, March 11: Apsis Aerocom Limited has launched its SME initial public offering (IPO), opening the issue for public subscription from March 11 to March 13, 2026. The company plans to raise ₹35.77 crore through a fresh issue of equity shares and aims to list on the NSE SME platform.

Since the IPO consists entirely of a fresh issue, the capital raised will go directly to the company rather than existing shareholders selling their stakes.

Key Details of the Apsis Aerocom IPO

The IPO is structured as a book-building issue with a price band fixed between ₹104 and ₹110 per share. In total, the company is offering 32,52,000 equity shares to investors.

The tentative timeline for the public issue is as follows:

• IPO Opening Date: March 11, 2026
• IPO Closing Date: March 13, 2026
• Allotment Finalisation: March 16, 2026
• Refund Process Begins: March 17, 2026
• Shares Credited To Demat Accounts: March 17, 2026
• Expected Listing Date: March 18, 2026

The company plans to list its shares on the NSE SME exchange, which provides smaller and growing companies with access to public market funding.

Minimum Investment and Lot Size

The lot size for the IPO is 1,200 shares, but retail investors must apply for a minimum of two lots (2,400 shares).

Based on the upper price band of ₹110 per share:

• Minimum Retail Investment: ₹2,64,000 (2,400 shares)
• Minimum Investment For S-HNI Category: ₹3,96,000 (3,600 shares)

Investors can apply in multiples of 1,200 shares thereafter.

Investor Allocation and Anchor Investment

The issue is divided among different investor categories as per SME IPO guidelines.

The share allocation structure is:

• Qualified Institutional Buyers (QIB): 47.34%
• Non-Institutional Investors (NII/HNI): 14.28%
• Retail Investors: 33.28%
• Market Maker Portion: 5.09%

Before the IPO opened for public subscription, the company raised ₹10.07 crore from anchor investors on March 10, 2026, allocating 9,15,600 shares under the anchor portion.

About Apsis Aerocom Limited

Founded in 2022, Apsis Aerocom Limited operates in the precision engineering sector, focusing on manufacturing components for industries such as aerospace, defence, and healthcare.

The company runs its manufacturing facility in Peenya Industrial Area, Bengaluru. The facility is equipped with CNC machines capable of machining parts up to 1,200 mm in length, allowing the company to handle complex engineering components.

Its services include:

• Precision machining
• Surface finishing
• Assembly operations
• Quality control and final inspection

Apsis Aerocom provides end-to-end manufacturing support, producing components according to the technical designs and specifications supplied by its clients.

Financial Performance

According to the company’s restated financial statements, Apsis Aerocom has reported growth in both revenue and profitability over the past few years.

For the period ended September 30, 2025, the company reported:

• Total Income: ₹13.70 crore
• Profit After Tax: ₹3.12 crore
• Total Assets: ₹23.56 crore

In FY2025, the company recorded ₹20.57 crore in total income and ₹6.64 crore in profit after tax, compared with ₹16.88 crore revenue and ₹2.55 crore profit in FY2024.

As of September 2025, the company reported net worth of ₹13.69 crore and total borrowings of ₹2.33 crore.

Lead Manager and Registrar

The IPO is being managed by Oneview Corporate Advisors Private Limited, which is acting as the book running lead manager for the issue.

Integrated Registry Management Services Private Limited has been appointed as the registrar to the issue, while Basan Equity Broking Limited will serve as the market maker for the SME listing.

Source: https://www.nseindia.com/market-data/issue-information?symbol=APSISAERO&series=SME&type=Active