Apsis Aerocom Limited, a company operating in the precision engineering and machining industry, has launched its Initial Public Offering (IPO) to raise funds from public investors.

The IPO will open for subscription on March 11, 2026, and will remain available for bidding until March 13, 2026.

Through this IPO, the company plans to raise ₹35.77 crore, and the shares are expected to list on the NSE SME platform on March 18, 2026, subject to regulatory approvals.

The offering is structured as a Book Built Issue, allowing investors to bid within a defined price range.

About Apsis Aerocom Limited

Apsis Aerocom Limited operates in the precision engineering sector, manufacturing high-precision mechanical components used in mission-critical industries.

The company primarily supplies components to sectors such as:

• Aerospace
• Defence
• Healthcare

These industries require components that meet extremely high standards of precision, quality, and reliability, as the parts are often used in critical systems and equipment.

Business Model and Services

Apsis Aerocom provides end-to-end engineering and machining services to its clients.

Its operations include multiple stages of production, including:

• Sourcing of raw materials
• Precision machining of components
• Finishing and surface treatment
• Mechanical assembly

The company manufactures components based on designs and specifications provided by clients, ensuring strict adherence to international quality and technical standards.

Such manufacturing processes are essential in industries like aerospace and defence where component accuracy and performance are critical for safety and operational reliability.

Manufacturing Capabilities

The company focuses on high-precision machining processes, which require advanced equipment and skilled engineering teams.

Its capabilities allow it to produce components with tight tolerances and high levels of accuracy, which are necessary for mission-critical applications.

Manufacturing companies in this segment typically operate under strict quality control procedures, ensuring that each component meets the required specifications before delivery.

Apsis Aerocom IPO Structure

The Apsis Aerocom IPO is being launched as a Book Built Issue.

Key details include:

• Total Issue Size: ₹35.77 crore
• Fresh Issue: ₹35.77 crore
• Offer for Sale: None
• Total Shares Offered: 0.33 crore shares

Since the issue consists entirely of a fresh issue of shares, the funds raised will go directly to the company.

These funds are generally used for business expansion, working capital requirements, technology upgrades, and general corporate purposes.

IPO Price Band and Valuation

The price band for the Apsis Aerocom IPO has been set between ₹104 and ₹110 per share.

At the upper price band of ₹110, the company’s post-listing market capitalisation is expected to be around ₹132.57 crore.

Investors can place bids within this price range during the IPO subscription period.

IPO Timeline

The key dates for the Apsis Aerocom IPO are as follows:

• IPO Opening Date: March 11, 2026
• IPO Closing Date: March 13, 2026
• Allotment Finalisation: March 16, 2026 (Expected)
• Listing Date: March 18, 2026 (Tentative)
• Stock Exchange: NSE SME

These timelines outline the expected schedule from subscription to listing.

Lot Size and Minimum Investment

The IPO has a specified lot size requirement, which determines the minimum number of shares that investors must apply for.

• Lot Size: 1,200 shares

Retail investors must apply for a minimum of two lots, which equals 2,400 shares.

At the upper price band of ₹110, the minimum investment required will be:

• ₹2,64,000

For High-Net-Worth Individuals (HNIs):

• Minimum Application: 3 lots
• Total Shares: 3,600 shares
• Minimum Investment: ₹3,96,000

Large lot sizes are common in SME IPOs, which are typically designed for investors comfortable with higher investment thresholds.

IPO Management and Registrar

The IPO process is managed by various financial intermediaries.

• Book Running Lead Manager: Oneview Corporate Advisors Private Limited
• Registrar to the Issue: Integrated Registry Management Services Private Limited
• Market Maker: Basan Equity Broking Limited

The lead manager oversees the IPO process, while the registrar manages investor applications, allotment of shares, and refund processing.

The market maker helps maintain liquidity in the stock once trading begins on the exchange.

Apsis Aerocom IPO Grey Market Premium

The Grey Market Premium (GMP) for the Apsis Aerocom IPO is currently around ₹0.

The grey market is an unofficial market where IPO shares are traded before they are officially listed on the stock exchange.

However, investors should keep in mind that:

• Grey market trading is unregulated
• Prices are not officially verified
• GMP reflects only informal demand and supply conditions

Because of these factors, GMP should be considered only an informal indicator and not a reliable prediction of listing performance.

Precision Engineering Industry in India

The precision engineering industry in India is gaining importance as sectors such as aerospace, defence, healthcare, and advanced manufacturing continue to grow.

These industries require components that meet very strict quality standards and technical specifications.

Companies involved in precision machining contribute to:

• Manufacturing specialised components
• Supporting defence and aerospace programs
• Supplying parts for medical and industrial equipment

As India continues to expand its manufacturing capabilities and defence production, companies in the precision engineering sector may see increasing demand for their services.

SME IPO Market in India

The Apsis Aerocom IPO is part of the SME IPO segment, which allows small and mid-sized companies to raise capital through public markets.

SME IPOs offer several advantages:

• Access to capital for expansion
• Greater corporate visibility
• Opportunity for investors to participate in emerging companies

However, SME IPOs can also involve higher risks due to smaller company size and relatively limited operating history.

Join our Telegram Channel for Latest News and Regular Updates.

Start your Mutual Fund Journey  by Opening Free Account in Asset Plus.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.