Apsis Aerocom SME IPO
Apsis Aerocom IPO — date, price band, GMP & allotment 2026
Apsis Aerocom SME IPO opened for subscription from 11 March 2026 to 13 March 2026 and the shares are proposed to be listed on the NSE SME platform. The company was incorporated in 2022 and operates in the precision engineering sector. Its business model focuses on manufacturing high-precision components and providing related services for aerospace, defence and healthcare industries. The company mainly operates from its manufacturing facility in Bengaluru, Karnataka, supplying components to domestic and international clients
Stock price
Apsis Aerocom is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 15 September.
- Open 11 Mar 2026
- Close 13 Mar 2026
- Allotment 16 Mar 2026
- Refund/credit 17 Mar 2026
- Listing 18 Mar 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 11 to 13 Mar, 2026 |
|---|---|
| Price Band | ₹104 – ₹110 |
| Face Value | ₹10 |
| Lot Size | 1200 Shares |
| Issue Size | ₹35.77 Cr |
| Sale Type | book build |
| Listing On | NSE SME |
| Registrar | Integrated Registry Management Services Private Limited |
| Min Investment | ₹ 2,64,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1200 shares at the ₹110 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2,400 | ₹2,64,000 |
| Retail (max) | 2 | 2,400 | ₹2,64,000 |
| HNI (min) | 3 | 3,600 | ₹3,96,000 |
Three years of numbers
All figures in ₹ crore, as reported in the Apsis Aerocom offer document.
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 23.56 | 18.46 | 11.93 | 7.22 |
| Total Income | 13.70 | 20.57 | 16.88 | 10.41 |
| Profit After Tax | 3.12 | 6.64 | 2.55 | 1.03 |
| EBITDA | 4.78 | 10.20 | 4.10 | 1.93 |
| NET Worth | 13.69 | 10.57 | 3.93 | 1.37 |
| Reserves and Surplus | 4.89 | 9.59 | 2.95 | 0.40 |
| Total Borrowing | 2.33 | 2.84 | 1.32 | 2.07 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Apsis Aerocom RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Apsis Aerocom IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹5.51 |
| P/E Ratio (x) | 19.97 |
| Market Cap at Offer Price (₹ Cr) | ₹62.29 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹110 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹27.02 Cr of the issue is earmarked to named objects.
About the company
The company offers a range of products and services including aerocom communication systems, installation support, maintenance, and customised solutions based on client needs. Its business model is largely B2B, focusing on long-term contracts, project-based execution, and recurring service income. Apsis Aerocom aims to maintain quality and compliance standards while expanding its footprint across domestic markets and exploring opportunities in international aerospace supply chains.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 8049932834
044-28140801/28140803
Check allotment status
The bankers & the filings
Who is running the book, and the documents this page is built from.
Company contact
Frequently asked
What is the GMP of Apsis Aerocom?
The current Grey Market Premium is ₹20, or 18% over the issue price.
What is the Apsis Aerocom IPO price band?
₹104 to ₹110, on a face value of ₹10.
When is the allotment?
The basis of allotment is 16 March 2026, with listing on 18 March 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Integrated Registry Management Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
