The Apsis Aerocom IPO 2026 is an upcoming SME IPO that has attracted the attention of investors looking for opportunities in the manufacturing and engineering sector. The company operates in the precision machining and manufacturing industry and has built a reputation for providing customized engineering solutions.

Through this IPO, the company aims to raise funds to expand its business and strengthen its production capabilities. In this article, we will discuss Apsis Aerocom IPO Details, Apsis Aerocom IPO GMP, company background, financial performance, objectives, and review in simple and easy-to-understand language.

Apsis Aerocom IPO Details

The Apsis Aerocom IPO Details show that the issue is a book-built IPO with a total size of around ₹36 crore. The entire issue consists of a fresh issue of shares, meaning the company will directly receive the funds raised from the IPO.

Here are the key details of the IPO:

  • IPO Open Date: March 11, 2026

  • IPO Close Date: March 13, 2026

  • Listing Date: March 18, 2026 (Tentative)

  • Price Band: ₹104 to ₹110 per share

  • Face Value: ₹10 per share

  • Total Issue Size: 32,52,000 shares (around ₹36 crore)

  • Lot Size: 1,200 shares

  • Listing Exchange: NSE SME

The IPO will be managed by Oneview Corporate Advisors Private Ltd. as the book-running lead manager, while Integrated Registry Management Services Private Ltd. will act as the registrar for the issue.

Apsis Aerocom IPO Timeline

Investors who want to apply for the IPO should be aware of the important dates.

  • IPO Opening Date: March 11, 2026

  • IPO Closing Date: March 13, 2026

  • Allotment Date: March 16, 2026 (Tentative)

  • Refund Initiation: March 17, 2026

  • Shares Credit to Demat: March 17, 2026

  • Listing Date: March 18, 2026

These dates help investors track the IPO process from application to listing.

Apsis Aerocom IPO Lot Size

The lot size for the IPO is 1,200 shares, which means investors must apply in multiples of this number.

Application details:

  • Retail Investors (Minimum): 2 lots – 2,400 shares – ₹2,64,000

  • Retail Investors (Maximum): 2 lots – 2,400 shares – ₹2,64,000

  • S-HNI (Minimum): 3 lots – 3,600 shares – ₹3,96,000

  • S-HNI (Maximum): 7 lots – 8,400 shares – ₹9,24,000

  • B-HNI (Minimum): 8 lots – 9,600 shares – ₹10,56,000

Investors should carefully consider their investment amount before applying.

Apsis Aerocom IPO GMP

The Apsis Aerocom IPO GMP (Grey Market Premium) is an important indicator that investors often track before the IPO listing.

What is GMP?

The Grey Market Premium is the extra price investors are willing to pay for IPO shares in the unofficial market before the shares are listed on the stock exchange.

For example:

  • If the IPO price is ₹110

  • And the grey market price is ₹130

Then the GMP would be ₹20.

However, investors should remember that GMP is not official and can change frequently. It should only be used as a reference and not as the sole factor for investment decisions.

Company Background

Apsis Aerocom Ltd. was originally started as a partnership firm in 2012 under the name M/s Apsis Latitude. Over the years, the company expanded its operations and converted into a private limited company in 2022.

Later, in November 2024, the company became a public limited company to enter the capital markets and raise funds through an IPO.

The company is headquartered in Peenya Industrial Area, Bangalore, Karnataka, which is one of the largest industrial zones in Asia. This location helps the company stay close to manufacturing supply chains and skilled engineering talent.

Business Operations

The main business of Apsis Aerocom Ltd. is precision machining and manufacturing services.

The company supports industries by providing:

  • Precision engineering solutions

  • CAD/CAM-based design support

  • Customized manufacturing services

  • High-quality machining processes

These services help clients manufacture parts and components based on exact technical specifications.

The company focuses on client-specific designs, meaning it produces products based on the requirements provided by its customers.

Manufacturing Facility

Apsis Aerocom operates a modern manufacturing facility in Bangalore.

The facility includes:

  • Advanced CAD/CAM design tools

  • Precision machining equipment

  • Process development tools

  • Engineering production systems

With the funds raised from the Apsis Aerocom IPO 2026, the company plans to purchase new machinery and upgrade technology to improve production capacity.

Market Presence and Industry Position

Apsis Aerocom Ltd. has built a strong reputation in the precision manufacturing industry.

Some factors that strengthen its position include:

  • Ability to provide end-to-end engineering solutions

  • Strong relationships with domestic clients

  • Customized turnkey manufacturing services

  • Strategic location in Bangalore’s industrial hub

The company is integrated into the domestic manufacturing supply chain and serves clients who require high-precision engineering solutions.

Financial Performance

The financial performance of the company has shown strong growth over the past few years. In FY2025, Apsis Aerocom reported a total income of ₹20.57 crore and a profit after tax (PAT) of ₹6.64 crore. In FY2024, the company recorded total income of ₹16.88 crore with a PAT of ₹2.55 crore. 

Earlier, in FY2023, the total income stood at ₹10.41 crore and the profit after tax was ₹1.03 crore. This steady increase in revenue and profitability indicates improving business operations and financial stability.

Key Performance Indicators

  • ROE: 91.60%

  • ROCE: 65.76%

  • PAT Margin: 32.39%

  • EBITDA Margin: 49.78%

  • EPS (Pre-IPO): ₹7.54

  • P/E Ratio (Post-IPO): 19.97

These indicators suggest strong profitability and operational efficiency.

Promoters and Management

The company is promoted by:

  • Basavaraju Kanakatte Shivakumar

  • Mihir Kumar Pradhan

  • Vinod Kumar Mariyappan

Before the IPO, promoters held 100% of the company shares. After the IPO, their shareholding will reduce to around 73.02%.

The company’s board also includes experienced independent directors who help guide the company’s strategy and growth.

Objectives of the IPO

The company plans to use the funds raised from the IPO for the following purposes:

  • Purchase of new machinery and equipment

  • Expansion of manufacturing capacity

  • General corporate purposes

These investments will help the company improve production efficiency and support future growth.

Apsis Aerocom IPO Review

The Apsis Aerocom IPO 2026 presents an interesting opportunity for investors interested in SME manufacturing companies.

Positive factors include:

  • Strong profit margins

  • Growing revenue

  • Strategic location in Bangalore

  • Specialized engineering services

  • Expansion plans through new machinery

However, investors should also consider that SME IPOs carry higher risks due to smaller business size and lower liquidity compared to mainboard IPOs.

Conclusion

The Apsis Aerocom IPO 2026 aims to raise around ₹36 crore through a fresh issue of shares. The company operates in the precision machining and engineering sector and has demonstrated consistent financial growth over the past few years.

Investors looking at Apsis Aerocom IPO Details and Apsis Aerocom IPO GMP should carefully review the company’s financials, industry position, and growth plans before applying. The funds raised will be used to expand manufacturing capacity and improve technology, which may support future growth.

Overall, the IPO offers investors an opportunity to participate in a growing engineering and manufacturing company in India’s SME sector.