- Issue price
- ₹130per share
- Issue size
- ₹47.96 Cr36,89,000 shares
- Face value
- ₹10per equity share
- Lot size
- 1,000 sharesMin. ₹1.3 L at the upper price
- Anchor biddingMon, 2025
- OpensTue, 2025
- ClosesFri, 2025
- AllotmentTue, 2025Refunds and Demat credit same day
- ListingWed, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 36,89,000 shares (₹47.96 Cr)
- Offer for sale
- None
- Total issue
- 36,89,000 shares (₹47.96 Cr)
- Market maker portion
- 1,85,000 shares
- Face value
- ₹10
- Listing at
- BSE SME
- Promoter holding
- 100.00% → 73.07%
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail41.1%
- Anchor35.1%
- NII17.6%
- Market maker6.2%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 12,28,000 | 43.79% | 35% |
| Non-institutional investors (NII) | 5,26,000 | 18.76% | 15% |
| Qualified institutional buyers (QIB) | 17,50,000 | 62.41% | 50% |
| Anchor investors | 10,50,000 | 37.45% | — |
| Market maker | 1,85,000 | — | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹130 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 2 | 2,000 | ₹2.6 L |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2024-25- EPS (basic)
- ₹13.79
- P/E (FY 2024-25 at issue price)
- 9.43×
- RoNW
- 54.45%
- NAV per share
- ₹25.32
- NAV per share (After the issue at issue price)
- ₹54.31
- ROCE
- 30.98%
- EBITDA margin
- 18.31%
- PAT margin
- 13.84%
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 30 Jun 20253 months | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 | 31 Mar 2023FY 2022-23 |
|---|---|---|---|---|
| Revenue from operations | 24.54 | 99.14 | 68.98 | 71.73 |
| Total income | 24.67 | 99.66 | 69.28 | 72.57 |
| EBITDA | 2.07 | 18.15 | 7.65 | 2.97 |
| Profit after tax | 1.08 | 13.79 | 3.23 | 0.90 |
| Net worth | 26.38 | 25.32 | 11.57 | 8.21 |
| Reserves and surplus | 16.38 | 15.32 | 9.07 | 5.71 |
| Total assets | 75.06 | 76.25 | 67.03 | 65.09 |
| Total borrowing | 30.57 | 31.75 | 43.29 | 43.97 |
FY 2024-25 vs FY 2023-24: revenue +43.7%, profit after tax +326.8%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: ProspectusUpdated
About the company
The company manufactures trenchless and foundation drilling equipment for the construction industry. Its range covers horizontal directional drilling rigs, diaphragm drilling rigs, rotary drilling rigs and spare parts. It also offers warranties, on-site support and technical training to customers.
- Incorporated
- 2016
- Industry
- Construction Equipment
- CIN
- U29100GJ2016PLC091682
- Website
- apollotechno.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Rashmikant Haribhai Patel | Promoter | 35.00% | 25.57% | 0 |
| Manjulaben Rashmikant Patel | Promoter | 35.00% | 25.57% | 0 |
| Parth Rashmikant Patel | Promoter | 29.20% | 21.33% | 0 |
| Rashmikant Haribhai Patel HUF | Promoter | 0.20% | 0.15% | 0 |
| Parth Patel (HUF) | Promoter | 0.20% | 0.15% | 0 |
| Puja Amarkumar Patel | Promoter group | 0.20% | 0.15% | 0 |
| Palak Parth Patel | Promoter group | 0.20% | 0.15% | 0 |
| Public (IPO investors) | Public | — | 26.95% | 36,89,000 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Meeting working capital requirements | 38.50 |
| General corporate purposes | 3.52 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Apollo Techno Industries LimitedIssuer | ₹13.79 | 9.43× | 54.45% | ₹25.32 |
| Eimco Elecon (India) Limited | ₹84.78 | 22.06× | 11.32% | ₹748.81 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Niche manufacturer of trenchless and foundation drilling rigs.
- Quality focus backed by ISO 9001:2015 certification.
- Promoters and management with long experience in construction drilling equipment.
- In-house engineering and design capability.
- Customer base spread across several Indian states and export markets.
Risks
- High revenue concentration among top customers.
- Working capital intensive business with high inventory and receivable days.
- Significant contingent liabilities, including bank guarantees and tax matters.
- Promoter group holds almost all pre-issue shares and will keep substantial control after the issue.
- Auditor qualification in the FY 2022-23 audit reports and pending litigation against the company and promoters.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹130) appear here after the shares list on BSE SME.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Apollo Techno Industries IPO open and close?
According to the Prospectus, the issue opens on Tuesday, 23 December 2025 and closes on Friday, 26 December 2025.
What is the Apollo Techno Industries IPO price band?
The final issue price is ₹130 per share.
What is the lot size of the Apollo Techno Industries IPO?
One lot is 1,000 shares, which is ₹1.3 L at ₹130 per share.
Where will Apollo Techno Industries shares list?
On BSE SME. The tentative listing date is Wednesday, 31 December 2025.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Apollo Techno Industries IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 30 December 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited) or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹38.5 Cr for meeting working capital requirements, ₹3.52 Cr for general corporate purposes.
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