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Apollo Micro Systems IPO is a book build issue of ₹156.00 crores. The issue is entirely a fresh issue of 0.58 crore shares of ₹156.00 crore.
Apollo Micro Systems IPO bidding started from Jan 10, 2018 and ended on Jan 12, 2018. The allotment for Apollo Micro Systems IPO was finalized on Jan 17, 2018. The shares got listed on BSE, NSE on Jan 22, 2018.
Apollo Micro Systems IPO price band is set at ₹275.00 per share . The lot size for an application is 50. The minimum amount of investment required by an retail is ₹13,500 (50 shares). The lot size investment for sNII is 15 lots (750 shares), amounting to ₹2,06,250, and for bNII, it is 73 lots (3,650 shares), amounting to ₹10,03,750.
The issue includes a reservation of up to 20,000 shares for employees offered at a discount of ₹12.00 to the issue price.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Apollo Micro Systems IPO RHP for detailed Information.
| IPO Date | January 10, 2018 to January 12, 2018 |
| Listing Date | January 22, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹270 to ₹275 per share |
| Issue Price Final | ₹275 per share |
| Lot Size | 50 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 57,63,886 shares (aggregating up to ₹156.00 Cr) |
| Retail Discount | Rs 12.00 per share |
| Employee Discount | ₹12.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,50,00,000 shares |
| Share Holding Post Issue | 2,07,43,886 shares |
Apollo Micro Systems IPO offers total 57,63,886 shares. Out of which 28,26,800 (49.04%) allocated to QIB, 11,30,720 (19.62%) allocated to QIB, 8,48,040 (14.71%) allocated to NII, 20,69,046 (35.90%) allocated to RII and 16,96,080 (29.43%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 28,26,800 (49.04%) | NA |
| − Anchor Investor Shares Offered | 16,96,080 (29.43%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 11,30,720 (19.62%) | NA |
| NII (HNI) Shares Offered | 8,48,040 (14.71%) | NA |
| Retail Shares Offered | 20,69,046 (35.90%) | 41,380 |
| Employee Shares Offered | 20,000 (0.35%) | NA |
| Total Shares Offered | 57,63,886 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Apollo Micro Systems IPO opens on January 10, 2018, and closes on January 12, 2018.
| IPO Open Date | Wed, Jan 10, 2018 |
| IPO Close Date | Fri, Jan 12, 2018 |
| Tentative Allotment | Wed, Jan 17, 2018 |
| Initiation of Refunds | Thu, Jan 18, 2018 |
| Credit of Shares to Demat | Fri, Jan 19, 2018 |
| Tentative Listing Date | Mon, Jan 22, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jan 12, 2018 |
Investors can bid for a minimum of 50 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹13,750 |
| Retail (Max) | 14 | 700 | ₹1,92,500 |
| S-HNI (Min) | 15 | 750 | ₹2,06,250 |
| S-HNI (Max) | 72 | 3,600 | ₹9,90,000 |
| B-HNI (Min) | 73 | 3,650 | ₹10,03,750 |
Incorporated in 1997, Apollo Micro Systems Limited is Hyderabad based company engaged in the business of electronic, electro-mechanical, engineering designs, manufacturing and supply. Company design, develop and sell high-performance, mission and time critical solutions to Defense, Space and Home Land Security for Ministry of Defense, government controlled public sector undertakings and private sectors.
Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defense and space customers. Company has participated in several Indigenous Missile programs, underwater electronic warfare, underwater missiles, surface to air missiles, nuclear missile programs, surface to surface missile programs, indigenous submarine programs UAV’s long and short endurance, ships, space programs.
Company's manufacturing facility is located at Hyderabad.
| Particulars | For the year/period ended (in Rs. million) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 2,458.57 | 2,029.58 | 1,347.19 | 849.16 | 458.10 | |
| Total Revenue | 2,117.99 | 1,595.32 | 1,087.68 | 728.82 | 374.58 | |
| Profit After Tax | 185.71 | 100.01 | 74.48 | 53.34 | 29.59 | |
The Company Apollo Micro Systems IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To meet additional working capital requirement of the Company | 1,189.20 |
| 2 | General corporate purposes | 266.70 |
[Dilip Davda] Investment may be considered in aggressively priced issue for long term as being first mover in the specific segment in defense sector, it may create fancy going forward. (Subscribe). Read detail review...
Issue Structure: 50% QIB, 15% NII, and 35% Retail.
| Listing Date | January 22, 2018 |
| BSE Script Code | 540879 |
| NSE Symbol | APOLLO |
| ISIN | INE713T01010 |
| Final Issue Price | ₹275 per share |
| BSE Listing Group | T |
Apollo Micro Systems Ltd.
Plot No 128/A, Road No. 12,
BEL Road, IDA Mallapur, Uppal Mandal,
Hyderabad– 500 076
Hyderabad, Telangana
Phone: +91 40 2716 7000
Email: cs@apollo-micro.com
Website: http://apollo-micro.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Apollo Micro Systems IPO is a main-board IPO of 57,63,886 equity shares of the face value of ₹10 aggregating up to ₹156.00 Crores. The issue is priced at ₹275 per share. The minimum order quantity is 50.
The IPO opens on January 10, 2018, and closes on January 12, 2018.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Apollo Micro Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Apollo Micro Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Apollo Micro Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Apollo Micro Systems IPO opens on January 10, 2018 and closes on January 12, 2018.
Apollo Micro Systems IPO lot size is 50, and the minimum amount required for application is ₹13,750.
You can apply in Apollo Micro Systems IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Apollo Micro Systems IPO will be done on Wednesday, January 17, 2018, and the allotted shares will be credited to your demat account by Friday, January 19, 2018. Check the Apollo Micro Systems IPO allotment status.
The Apollo Micro Systems IPO listing date is on Monday, January 22, 2018.
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