Apsis Aerocom Lists At ₹153 On NSE SME, Up 39.09% Over Issue Price On Debut

Mumbai, March 18: Apsis Aerocom Limited listed at ₹153.00 on the NSE SME platform on Wednesday, reflecting a premium of ₹43.00 or 39.09% over its issue price of ₹110 per share, according to exchange data at 09:36:41 IST. The listing follows strong subscription demand for the IPO, which closed earlier in the week with robust investor participation across categories.

The positive debut appears aligned with the IPO’s oversubscription levels, with the issue witnessing significant traction particularly in the non-institutional and retail segments, as per bid data.

Listing Price and Early Trade Snapshot

At 09:36:41 IST, the stock traded at ₹153.00, which also marked the day’s high and low so far, indicating a flat opening trade post listing. The volume-weighted average price (VWAP) stood at ₹153.00.

The pre-open session recorded an indicative equilibrium quantity (IEQ) of 12,15,600 shares, suggesting initial demand visibility before the stock commenced trading.

IPO Structure and Issue Details

Apsis Aerocom IPO was a book-built issue aggregating ₹35.77 crore, comprising entirely a fresh issue of 0.33 million shares. The IPO was priced at ₹110 per share within a price band of ₹104–₹110.

The minimum application size for retail investors was 2,400 shares, amounting to ₹2,64,000 at the upper price band. The shares were listed on the NSE SME platform on March 18, 2026.

Subscription Demand Across Categories

The IPO witnessed an overall subscription of 129.33 times by the close of bidding on March 13, 2026.

Non-institutional investors (NII) led the demand, subscribing 236.61 times, while the retail individual investor (RII) portion was subscribed 100.24 times. Qualified institutional buyers (QIBs) subscribed 99.96 times, according to consolidated bid data.

Share Price Context and Allocation Structure

The total issue size comprised 32,52,000 shares, with allocations distributed across investor categories, including QIBs (47.34%), NIIs (14.28%), and retail investors (33.28%). Anchor investors accounted for 28.15% of the allocation within the QIB portion.

The strong listing premium reflects the demand observed during the subscription phase, consistent with SME IPO trends where limited float and concentrated bidding often influence listing-day pricing.

Closing Note

The stock has commenced trading on the NSE SME platform following allotment finalisation on March 16, 2026. Further price movement will depend on secondary market participation and liquidity conditions during the trading session.

Source: https://www.nseindia.com/get-quote/equity/APSISAERO/Apsis-Aerocom-Limited