Apsis Aerocom IPO is a book-built issue worth ₹36 Crore. The issue is entirely a fresh issue of 0.33 crore shares of ₹35.77 crore. The IPO will open for subscription on March 11, 2026, and close on March 13, 2026.
The basis of allotment is expected to be finalised on March 16, 2026, with tentative listing scheduled on BSE and NSE for March 18, 2026. The price band for the Apsis Aerocom IPO has been fixed at ₹104 to ₹110 per share.
Investors can bid for the Apsis Aerocom IPO with a minimum of 2 lots, having 2,400 Shares. For retail investors, the minimum investment required is ₹2,64,000. For high-net-worth investors (bHNI), the lot size stands at 8 lots, equal to 9,600 shares, amounting to ₹10,56,000.
Oneview Corporate Advisors Pvt Ltd is the book running lead manager (BRLM), and Integrated Registry Management Services Pvt Ltd is the registrar of the issue. Detailed information is available at the Apsis Aerocom IPO RHP.
Apsis Aerocom IPO Objectives
- Financing capex for the purchase of machinery.
- General corporate purposes.
About Apsis Aerocom Limited
Incorporated in 2022, Apsis Aerocom Limited is a precision engineering company specialising in the design and manufacture of high-quality components and related services for the aerospace, defence, and healthcare sectors.
The company’s state-of-the-art manufacturing facility, located in the Peenya Industrial Area, Bangalore, is organised into Shed 1 (eastern section) and Shed 2 (western section). Equipped with advanced CNC machinery capable of handling components up to 1,200 mm in length, the facility supports CAD/CAM-based design, process development, and precision machining, enabling comprehensive, end-to-end production in line with client specifications.
APSIS Aerocom Limited delivers solutions for complex systems across aerospace, defence, and healthcare industries. Its offerings include precision-machined components, surface finishing, assembly, quality assurance, and final inspection, ensuring that every product meets stringent performance and reliability standards.
The company has established a strong domestic presence across Karnataka, Telangana, and Maharashtra, alongside an expanding international footprint in the USA, Netherlands, Spain, and Israel.
Industry Outlook
- The Indian precision engineering market is expanding due to rising needs for high-precision components, especially in electric vehicles (EVs), advanced internal combustion engines, defence manufacturing, and aircraft production.
- Investments in high-tolerance machining, automation, CNC machining, laser cutting, and 3D printing are enabling the production of lightweight, high-strength parts that meet exacting industry standards.
- The Indian precision engineering component market is expected to grow from USD 536 million in 2025 to USD 759 million by 2030, reflecting a CAGR of 7.2%, driven by sectors requiring high-precision components, such as aerospace, defence, medical devices, and clean energy.
- Initiatives like Make in India, increased foreign direct investment (FDI), and focus on domestic manufacturing capabilities are strengthening the market and encouraging steady growth.
How To Apply for the Apsis Aerocom IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Apsis Aerocom IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Apsis Aerocom IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Apsis Aerocom IPO
Plot No.392/1, 10th Cross Road, IV Phase Peenya Industrial Area, Bangalore, Karnataka, India - 560058
Phone:+91 80 49932834
E-mail:cs@apsosaerocom.com
Apsis Aerocom IPO Reservation
| Investor Category | Shares Offered | Percentage (%) |
| Market Maker Shares Offered | 1,65,600 | 5.09 |
| QIB Shares Offered | 15,39,600 | 47.34 |
| – Anchor Investor Shares Offered | 9,15,600 | 28.15 |
| – QIB (Ex. Anchor) Shares Offered | 6,24,000 | 19.19 |
| NII (HNI) Shares Offered | 4,64,400 | 14.28 |
| – bNII > ₹10L | 3,09,600 | 9.52 |
| – sNII < ₹10L | 1,54,800 | 4.76 |
| Retail Shares Offered | 10,82,400 | 33.28 |
| Total Shares Offered | 32,52,000 | 100.00 |
Apsis Aerocom IPO Lot Size Details
| Investor Category | Lots | Shares | Amount (₹) |
| Retail (Min) | 2 | 2,400 | 2,64,000 |
| Retail (Max) | 2 | 2,400 | 2,64,000 |
| S-HNI (Min) | 3 | 3,600 | 3,96,000 |
| S-HNI (Max) | 7 | 8,400 | 9,24,000 |
| B-HNI (Min) | 8 | 9,600 | 10,56,000 |
Apsis Aerocom IPO Promoter Holding
Basavaraju Kanakatte Shivakumar, Vinod Kumar Mariyappan, and Mihir Kumar Pradhan are the promoters of the company.
| Share Holding Pre-Issue | 100% |
| Share Holding Post Issue | 73.02% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Apsis Aerocom IPO
| KPI (Sep 30, 2025) | Value |
| ROE (%) | 25.75 |
| ROCE (%) | 25.62 |
| RoNW (%) | 22.81 |
| PAT Margin (%) | 22.88 |
| EBITDA Margin (%) | 34.99 |
Apsis Aerocom IPO Registrar and Lead Managers
Apsis Aerocom IPO Lead Managers
Oneview Corporate Advisors Pvt Ltd.
Registrar for Apsis Aerocom IPO
Integrated Registry Management Services Pvt Ltd
Contact Number: 080-23460815
Email Address:smeipo@integratedindia.in
Financial Performance of Apsis Aerocom Limited
| Particulars | Period Ended on Sep 30, 2025 | Year ending on March 31, 2025 | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
| Revenue from Operations | 1,365.11 | 2,049.06 | 1,686.69 | 1,037.00 |
| EBITDA | 477.70 | 1,020.46 | 409.51 | 192.73 |
| EBITDA Margin | 34.99% | 49.80% | 24.28% | 18.59% |
| PAT | 312.28 | 663.76 | 255.43 | 102.52 |
| PAT Margin | 22.88% | 32.39% | 15.14% | 9.89% |
| RoE (%) | 25.75% | 91.60% | 96.36% | 73.13% |
| RoCE (%) | 25.62% | 65.79% | 64.04% | 42.18% |
| Debt | 232.66 | 283.72 | 132.23 | 207.14 |
Apsis Aerocom Peer Comparison
| Name of Company | Current Market Price (Rs.) | EPS (Basic & Diluted) | PE | RoNW (%) | NAV per Share (Rs.) |
| Apsis Aerocom Limited | [•] | 7.54 | [•] | 62.82% | 12.01 |
| Peer Company | |||||
| Unimech Aerospace and Manufacturing Ltd | 908.10 | 4.02 | 225.90 | 3.65% | 102.87 |
Strengths and Opportunities of Apsis Aerocom Limited
- Strong high-precision manufacturing capabilities support the production of complex components.
- Dual-sector focus enables the company to cater to multiple high-value industries.
- End-to-end capabilities provide integrated services from design to final delivery.
- Flexible production systems allow efficient handling of customised and varied order volumes
- Capitalise on growing demand for precision components across global industries.
- Expand export presence to tap international markets and diversify revenue.
- Enhance operational efficiency through digital integration and digital twin technologies.
- Build strategic partnerships with OEMs to strengthen market access and long-term orders.
- Leverage government incentives and PLI schemes in India to support capacity expansion and growth.
Risks and Threats of Apsis Aerocom Limited
- Being a relatively new entrant may limit track record and market credibility.
- Geographic concentration could expose the business to region-specific risks.
- Capital-intensive operations require significant ongoing investments.
- Dependence on suppliers may create vulnerabilities in the supply chain.
- Talent constraints could affect operational efficiency and growth plans
- Supply chain disruptions may impact production timelines and costs.
- Geopolitical uncertainties could affect global trade and export demand.
- Industry-wide talent shortages may make it difficult to attract skilled professionals.
- Intense competition from established players could pressure margins.
- Rising input costs may affect profitability and cost competitiveness.
