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Apollo Techno Industries IPO Details

Bookbuilding IPO | ₹48 Cr | Listed at BSE SME | Tue, Dec 23, 2025 - Fri, Dec 26, 2025

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Apollo Techno Industries IPO Logo

Apollo Techno Industries IPO is a book build issue of ₹47.96 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹47.96 crore.

Apollo Techno Industries IPO bidding started from Dec 23, 2025 and ended on Dec 26, 2025. The allotment for Apollo Techno Industries IPO was finalized on Dec 29, 2025. The shares got listed on BSE SME on Dec 31, 2025.

Apollo Techno Industries IPO price band is set at ₹130 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,60,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,90,000.

Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Spread X Securities Pvt.Ltd..

Refer to Apollo Techno Industries IPO RHP for detailed Information.

IPO Open

Tue, Dec 23, 2025

IPO Close

Fri, Dec 26, 2025

Issue Price

₹130 per share

Market Cap (Pre-IPO)

₹177.96 Cr

IPO Details

IPO Date23 to 26 Dec, 2025
Listed onWed, Dec 31, 2025
Face Value₹10 per share
Price Band₹123 to ₹130
Issue Price₹130 per share
Lot Size1,000 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size36,89,000 shares
(agg. up to ₹48 Cr)
Reserved for Market Maker
1,85,000 shares
(agg. up to ₹2 Cr)
Spread X Securities Pvt.Ltd.
Fresh Issue
(Ex Market Maker)		35,04,000 shares
(agg. up to ₹46 Cr)
Net Offered to Public35,04,000 shares
(agg. up to ₹46 Cr)
Share Holding Pre Issue1,00,00,000 shares
Share Holding Post Issue1,36,89,000 shares
BSE Script Code 544671
ISININE0X4A01013

IPO Timetable

IPOs Timetable

Issue Reservation

Apollo Techno Industries IPO comprises a total issue size of 36,89,000 shares. The net offer to the public is 35,04,000 shares, after excluding 1,85,000 shares allotted on a firm basis. Of the Net offer 17,50,000 (49.94%) are allocated to QIB, 5,26,000 (15.01%) allocated to NII 12,28,000 (35.05%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 17,50,00049.94%47.44%
  − Anchor Investor Shares Offered 10,50,00028.46%
  − QIB (Ex. Anchor) Shares Offered 7,00,00018.98%
NII (HNI) Shares Offered 5,26,00015.01%14.26%
  − bNII > ₹10L 3,51,0009.51%
  − sNII < ₹10L 1,75,0004.74%
Retail Shares Offered 12,28,00035.05%33.29%
Firm Reservations
Market Maker Shares Offered 1,85,0005.01%
Total Shares Offered 36,89,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 2,000 ₹2,60,000
Individual investors (Retail) (Max) 2 2,000 ₹2,60,000
S-HNI (Min) 3 3,000 ₹3,90,000
S-HNI (Max) 7 7,000 ₹9,10,000
B-HNI (Min) 8 8,000 ₹10,40,000
IPO Subscription Details

IPO Anchor Investors

Apollo Techno Industries IPO raises ₹13.65 crore from anchor investors. Apollo Techno Industries IPO Anchor bid date is December 22, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateMon, Dec 22, 2025
Shares Offered10,50,000
Anchor Portion (₹ Cr.)13.65
Anchor lock-in period end date for 50% shares (30 Days)Tue, Jan 27, 2026
Anchor lock-in period end date for remaining shares (90 Days)Sat, Mar 28, 2026
IPO Anchor Investors List

About Apollo Techno Industries Ltd.

Incorporated in 2016, Apollo Techno Industries Limited is a company that operates in the manufacturing and technology sectors.

The company specializes in trenchless technology and foundation equipment for the construction industry, offering products like Horizontal Directional Drilling rigs, Diaphragm Drilling Rigs, Rotary Drilling Rigs, and spare parts.

The company, with in-house design and engineering, offers quality products, refurbishment services, and sustainable solutions. Its design team consists of five members, supporting domestic and international growth.

The company focuses on understanding customer needs, building long-term relationships, and expanding its market presence. Gujarat leads domestic sales with 34.52%, followed by Maharashtra and Haryana, driving customer growth.

Products:
  • Horizontal Directional Drilling: The company uses HDD technology for installing pipes, cables, and utilities with minimal environmental impact.
  • Diaphragm Drilling: The company uses diaphragm walls for structural support, deep excavation, and flood protection in construction.
  • Rotary Drilling Rigs: The company uses piling rigs for installing piles, supporting infrastructure projects like metro, bridges, and construction.
As of June 30, 2025, the company had 154 Employees.
 
Competitive Strengths:
  • Focus on quality and customer service
  • Strong Market Presence Driven by Customer-Centric Approach
  • Experienced promoters and management team
  • In-House Engineering and Design Capabilities
  • Strong Market Presence Across Key Regions

Company Financials (Restated Consolidated)

Apollo Techno Industries Ltd.'s revenue increased by 44% and profit after tax (PAT) rose by 327% between the financial year ending with March 31, 2025 and March 31, 2024.

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

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 To Meet Working Capital Requirements 38.50
2 General Corporate Purpose 3.52
3 Public Issue Expenses 5.93

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE74.75%
ROCE30.98%
Debt/Equity3.74
RoNW54.45%
PAT Margin13.84%
EBITDA Margin18.31%
Price to Book Value11.27
Check IPO Peer Comparison here.
Pre IPOPost IPO
EPS (₹)13.793.16
P/E (x)9.4341.16
Promoter Holding100%73.05%
Market Cap₹177.96 Cr.
Mr. Parth Rashmikant Patel, Mr. Rashmikant Haribhai Patel, Mrs. Manjulaben Rashmikant Patel, Parth Patel (HUF), and Rashmikant Haribhai Patel HUF are the promoters of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2025 available in RHP.

IPO Review

[Dilip Davda]
ATIL is a manufacturer specializing in trenchless technology and foundation equipments for construction industry. It has certain critical products that are having high demand. The company posted erratic financial performances for the reported periods. Though it marked a setback in top line for FY24, it posted higher bottom line, that surprises all. Record performance for FY25 (a pre-IPO year) raises eyebrows and concern over its sustainability. Based on its recent financial data, the issue appears fully priced. Well-informed/cash surplus investors may park moderate funds for long term.
Read detail review...

Apollo Techno Industries IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0000
Members0000

IPO Subscription Status

The Apollo Techno Industries IPO is subscribed 50.63 times on December 26, 2025 6:19:36 PM (Day 3). The public issue subscribed 44.81 times in the individual investors category, 25.26 times in the QIB category, and 98.00 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for Total Application
QIB (Ex Anchor)25.267,00,0001,76,79,0000
NII* 98.005,26,0005,15,50,0000
    bNII (bids above ₹10L)114.823,51,0004,03,02,000
    sNII (bids below ₹10L)64.271,75,0001,12,48,000
Individual Investor44.8112,28,0005,50,24,0000
Total50.6324,54,00012,42,53,00036,289

Total Application : 36,289

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees and commissions payable to the BRLM (including any underwriting commission, brokerage and selling commission) 4.33
2 Fees Payable to Registrar to the Issue 0.02
3 Fees payable to Legal Advisor 0.03
4 Fees Payable Advertising, Marketing Expenses 0.96
5 Printing Expenses 0.02
6 Fees Payable to Regulators including Stock Exchanges and other Intermediaries 0.14
7 Fees payable to Secretarial work 0.04
8 Fees payable to Peer Review Auditor 0.02
9 Fees Payable to Market Maker (for Three Years) 0.24
10 Escrow bank fees, Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Issue. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDP 0.02
11 Other miscellaneous expenses 0.12

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price₹130.00
Open₹145.00
Low₹140.00
High₹152.25
Last Trade₹151.95

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

  • +91-22-4918 6270
  • apollotechno.smeipo@in.mpms.mufg.com
  • Visit Website

Contact Details

Apollo Techno Industries Ltd. Address
Survey No. 60,
Ahmedabad - Mehsana Highway,
Mandali,
Mehsana, Gujarat, 384455
Open an Instant Account with Zerodha

IPO FAQs

Apollo Techno Industries IPO is a SME IPO of 36,89,000 equity shares of the face value of ₹10 aggregating up to ₹48 Crores. The issue is priced at ₹130 per share. The minimum order quantity is 1000.

The IPO opens on Tue, Dec 23, 2025, and closes on Fri, Dec 26, 2025.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Apollo Techno Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Apollo Techno Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Apollo Techno Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Apollo Techno Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Apollo Techno Industries IPO opens on Tue, Dec 23, 2025 and closes on Fri, Dec 26, 2025.

Apollo Techno Industries IPO lot size is 1000, and the minimum amount required for application is ₹2,60,000, with 2 lots being the minimum application size.

You can apply in Apollo Techno Industries 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 Techno Industries IPO will be done on Monday, December 29, 2025, and the allotted shares will be credited to your demat account by Tue, Dec 30, 2025. Check the Apollo Techno Industries IPO allotment status.

The Apollo Techno Industries IPO listing date is on Wed, Dec 31, 2025.

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