Apollo Techno Industries IPO Details

SME

Apollo Techno Industries IPO opens for subscription on 23 Dec 2025 and closes on 26 Dec 2025. The IPO will be listed on BSE with the tentative listing date set for 31 Dec 2025.

Apollo Techno Industries IPO price band has been fixed at ₹123 – ₹130 per share.The face value is ₹10 per share with a lot size of 1000.

Apollo Techno Industries IPO total issue size comprises 36,89,000 shares (aggregating up to ₹47.96 Cr.). This includes a fresh issue of 1,85,000 shares (aggregating up to ₹2.41 Cr.). Offer for Sale consists of 35,04,000 shares (aggregating up to ₹45.55 Cr.). Pre-issue shareholding stands at 1,00,00,000, which will increase to 1,36,89,000 post-issue.

Apollo Techno Industries IPO carries a ₹9 (6.92%) GMP, reflecting investor sentiment.

Apollo Techno Industries IPO Lot Size : Individual Minimum is 2 lots (2,000 shares) amounting to ₹260,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹260,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹390,000. SHNI Maximum is 7 lots (7,000 shares) amounting to ₹910,000. BHNI Minimum is 8 lots (8,000 shares) amounting to ₹1,040,000.

The Lead Managers for Apollo Techno Industries IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Beeline Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Spread X Securities. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Apollo Techno Industries Limited RHP.

Apollo Techno Industries IPO Details

Listing Price : ₹145 at a Premium of 11.54%
Open Date
23 Dec 2025
Close Date
26 Dec 2025
Listing Date
31 Dec 2025
Issue Price
₹123 - ₹130
Face Value
₹10 per share
Lot Size
1000
GMP
₹9 (6.92%)
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
10000000
Share holding post issue
13689000
Total Issue Size
36,89,000 shares (aggregating up to ₹47.96 Cr.)
Fresh Issue
1,85,000 shares (aggregating up to ₹2.41 Cr.)
Offer for Sale
35,04,000 shares (aggregating up to ₹45.55 Cr.)

Apollo Techno Industries IPO Subscription

Apollo Techno Industries IPO Application Wise Breakup

Apollo Techno Industries IPO Dates

  • 23 Dec 2025
    Opening dateOpen
  • 26 Dec 2025
    Closing dateClose
  • 29 Dec 2025
    Allotment Date Allotment
  • 30 Dec 2025
    Initiation of RefundsRefund
  • 30 Dec 2025
    Credit of SharesCredit
  • 31 Dec 2025
    Listing dateListing

Apollo Techno Industries IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22000₹260,000
Individual Maximum22000₹260,000
SHNI Minimum33000₹390,000
SHNI Maximum77000₹910,000
BHNI Minimum88000₹1,040,000

Apollo Techno Industries IPO Reservation

Promoter Holding

Pre Issue:100.00%
Post Issue:73.05%
Promoter Names:
Mr. Parth Rashmikant Patel, Mr. Rashmikant Haribhai Patel, Mrs. Manjulaben Rashmikant Patel, Parth Patel (HUF), Rashmikant Haribhai Patel HUF

Apollo Techno Industries IPO Valuations

ROE:74.75%
ROCE:30.98%
DEBT/EQUITY:3.74
RONW:54.45%
PAT MARGIN:13.84%
PRICE TO BOOK VALUE:11.27
P/E Pre IPO:9.43
P/E Post IPO:41.16

Apollo Techno Industries Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets75.0676.2567.0365.09
Total Income24.6799.6669.2872.57
Profit After Tax1.0813.793.230.90
EBITDA2.0718.157.652.97
NET Worth26.3825.3211.578.21
Reserves and Surplus16.3815.329.075.71
Total Borrowing30.5731.7543.2943.97
Amount in ₹ Crore

About Apollo Techno Industries IPO

Incorporated in 2016, Apollo Techno Industries Limited operates in the manufacturing and technology segments, with a strong focus on providing advanced trenchless technology and foundation equipment solutions to the construction industry. The Company is engaged in the design, manufacture, supply, refurbishment, and servicing of specialized construction machinery used in infrastructure development.

Apollo Techno Industries offers a comprehensive range of products, including Horizontal Directional Drilling (HDD) rigs, Diaphragm Drilling Rigs, Rotary Drilling Rigs, and related spare parts. These products are widely used in the installation of underground utilities, deep excavation works, piling, and large-scale infrastructure projects such as metros, bridges, highways, and urban construction.

The Company follows an integrated business model supported by in-house design and engineering capabilities, enabling it to deliver customized, high-quality, and sustainable solutions tailored to customer requirements. Its design and engineering team, comprising five professionals, plays a key role in product development and supports both domestic and international business expansion.

Apollo Techno Industries emphasizes customer-centricity, long-term relationships, and continuous innovation. Geographically, Gujarat contributes the largest share of domestic sales at 34.52%, followed by Maharashtra and Haryana, reflecting a growing customer base across key industrial regions.

As of June 30, 2025, the Company employed 154 personnel, supporting its manufacturing, engineering, sales, and operational activities.

Strength Of Apollo Techno Industries IPO

  • Focus on quality and customer service.
  • Strong Market Presence Driven by Customer-Centric Approach.
  • Experienced promoter and management team.
  • In house engineering and design capabilities.
  • Strong Market Presence Across Key Regions.

Risk Of Apollo Techno Industries IPO

  • Geographically, the company revenues are highly dependent on its operations in the India more particularly in few selected States. Any adverse development affecting its operations in these regions could have an adverse impact on the company business, financial condition and results of operations.
  • The company derives a substantial portion of its revenue from the sale of Horizontal Directional Drilling (HDD) machines, representing 62.69%, 59.34%, 79.41% and 97.39% of the company total sale of finished goods for the three months period ended on June 30, 2025 and financial years ended on March 31, 2025, 2024 and 2023, respectively and loss of sales dues to a reduction in demand for these products would have a material adverse effect on its business, financial condition, results of operations and cash flows.
  • The company business is dependent on few numbers of clients. Its Top 10 customers contributed 67.01%, 58.03%, 54.36% and 57.35% of revenue from operations for the three months period ended on June 30, 2025 and the financial years ended on March 31, 2025, 2024 and 2023, respectively. The loss of any of these clients could have an adverse effect on the company business, financial condition, results of operations and cash flows.
  • Several of the company key raw materials and components are sourced from a limited group of suppliers, which exposes its to supplier concentration risks. Any restriction in supply or defects in quality could cause delays in project construction or implementation and impair the company ability to provide its products to clients at a price that is profitable to the company, which could have a material adverse effect on its business, financial condition and results of operations.
  • The Company has experienced negative cash flow in the past and may continue to does so in future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
  • The company are subject to strict compliance of quality requirements by its customers. Any failure in maintaining the company quality accreditations and certifications may negatively impact its brand and reputation which may adversely affect the company business, results of operations, financial condition, cash flows and future prospects.
  • The company Restated Financial Statements are prepared and signed by the Peer Review Auditor who is not Statutory Auditors of its Company.
  • The company business is dependent on its manufacturing units and the company are subject to certain related risks. Unplanned slowdowns, unscheduled shutdowns or prolonged disruptions in its manufacturing operations, as well as an inability to effectively utilize the company production capacity, could adversely affect its business, operations results, cash flows, and financial condition.
  • The company does not have long term agreements with any of its customers, and hence may not realize all of the revenue expected from the company existing or new customers and may not be able to accurately forecast demand for its products and plan production schedules in advance. If the company are unable to predict customer demands and maintain optimal inventory level, there may be an adverse effect on its results of operations, financial condition, and cash flows.
  • The company have entered into a number of related party transactions and may continue to enter into such transactions under Ind AS 24 in the future. However, there can be no assurance that its could not have achieved more favourable terms had such transactions not been entered into with related parties.

Objectives Apollo Techno Industries IPO

1. To Meet Working Capital Requirements

2. General Corporate Purpose

Company Contact Details

Apollo Techno Industries Ltd.

Survey No. 60, Ahmedabad - Mehsana Highway, Mandali,

Dist. Mahesana 384455 Mehsana, Gujarat, 384455

Phone: +91 9875170439

Email: cs@apollotechno.com

Website: http://www.apollotechno.com/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

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