Admach Systems IPO Details
The key details of Admach Systems’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹42.60 Cr |
| Price Range | ₹227 - ₹239 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1,200 |
| Investment (cut-off price) | ₹2,86,800 |
| Pre IPO Promotor Holding | 71.87% |
| Post IPO Promotor Holding | 52.95% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Admach Systems IPO Timelines
The IPO process for Admach Systems includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
23/12/2025
Start Date26/12/2025
End Date30/12/2025
Refund Initiation30/12/2025
Credit of Shares to Demat Ac31/12/2025
Listing DateAdmach Systems IPO Lot Size
The Admach Systems IPO has a fixed lot size of 600 shares, at an upper price band of ₹239 per share. For retail investors, the minimum and maximum application is 1,200 shares (2 lots) amounting to ₹2,86,800. For Small HNI (S-HNI) investors, the minimum application is 1,800 shares (3 lots) worth ₹4,30,200, while the maximum is 3,600 shares (6 lots) amounting to ₹8,60,400. Big HNI (B-HNI) investors need to apply for at least 4,200 shares (7 lots), totaling ₹10,03,800.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 1200 | ₹2,86,800 |
| Retail Maximum | 2 | 1200 | ₹2,86,800 |
| S-HNI Minimum | 3 | 1800 | ₹4,30,200 |
| S-HNI Maximum | 6 | 3600 | ₹8,60,400 |
| B-HNI Minimum | 7 | 4200 | ₹10,03,800 |
Admach Systems IPO Subscription Status
The subscription status for Admach Systems IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.55x | 7.40x | 3.77x | -- | 4.13x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Admach Systems IPO Company Financials
Admach Systems reports robust performance in FY2025 with Total Income of ₹53.52 crores, managing expenses at ₹45.37 crores, and achieving a strong PAT (Profit After Tax) of ₹6.10 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹13.18 | ₹13.10 | ₹0.10 |
| FY 2024 | ₹19.80 | ₹15.33 | ₹3.35 |
| FY 2025 | ₹53.52 | ₹45.37 | ₹6.10 |
| FY 2026 (3 M) | ₹23.06 | ₹19.03 | ₹3.02 |
About Company
Admach Systems Limited, incorporated in 2008, designs, manufactures, exports, and supplies customized special purpose machines and automation systems for the Indian and global engineering industry. The company serves a wide range of sectors including steel, automobile, food, tooling, and other engineering industries. Based in Pune, Maharashtra, it operates both its office and manufacturing plant from the same location. With an annual production capacity of 100 units, the company achieved full capacity utilization in FY 2024-25, demonstrating strong demand for its solutions and steady operational efficiency.
The company specializes in special purpose machines, robotic material handling systems, automation and assembly machines, packaging systems, and product design. Its product portfolio includes black bar solutions for efficient handling of raw iron bars, bar chamfering and straightening machines to improve safety and precision, and bright bar solutions offering peeled and defect tested bars with ultrasonic testing. It also provides grinding solutions for size and surface finish control, along with super finishing solutions using advanced belt polishing techniques to achieve high quality specialized finishes.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2008 | Engineering | Ajay Longani |
Know Before Investing
Admach Systems IPO Strengths
- Specialisation in special purpose machines (SPMs) and robotic automation for steel and non-destructive testing (NDT) industries creates competitive moats through customisation and fewer direct rivals.
- Exports jumped from near-zero to ₹6.7 crore in FY25, proving global competitiveness and diversification beyond domestic markets.
- SPMs command premium pricing due to bespoke engineering, supporting sustained profitability versus commodity machinery.
- Rising demand for Industry 4.0, robotics, and precision manufacturing in steel/NDT sectors provides structural growth opportunities.
- ROCE remains strong with full capacity utilisation supporting high-margin custom automation orders in steel and NDT sectors.
Admach Systems IPO Risks
- Dependence on limited industrial clients in steel and NDT exposes revenues to order fluctuations or key client losses.
- Custom SPM orders involve upfront engineering and material costs before billing, straining cash flows during execution.
- Delays, technical challenges, or cost overruns in robotic/SPM delivery can erode margins and damage reputation.
- Imported components for robotics expose margins to commodity prices and currency fluctuations without full hedging.
- Steel and heavy industry clients are sensitive to economic cycles, potentially delaying orders during slowdowns.
Swot Analysis for Admach Systems IPO
Strengths
Custom SPM Expertise, End-to-End Capabilities, Diversified Industry Reach
Weaknesses
Extended Debtor Days, Geographic Concentration, Capex Dependence
Opportunities
Industry 4.0 & Automation, Export Market Expansion, Aftermarket Services
Threats
Intense Competition, Raw Material Volatility, Execution Risks
Company Details
Admach Systems Ltd.
Survey No 122, Village Nandoshi, Off Pune Sinhagad Road, Khadakwasla R.S., Pune, Maharashtra, 411024
Phone: +91-7020909040
Email: admach@admach.co.in
Website: http://www.admach.co.in/
IPO Registar Details
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Admach Systems SME IPO are:
- Funding of capital expenditure requirements of our Company towards purchase of new machinery and installation cost thereon
- Funding Working Capital Requirements of Company
- General corporate purposes
Aftertrade Broking Pvt. Ltd. is the book-running lead managers for the Admach Systems IPO.
Admach Systems IPO has growth potential driven by rising industrial automation demand under Industry 4.0 and manufacturing revival. Full capacity utilisation of 100 units in FY25 highlights strong order traction. Integrated design to build capabilities and exposure to automation and robotics support scalable expansion across industrial sectors.
The issue price for the Admach Systems IPO is set between ₹227 to ₹239 per share.
To invest in two lot of Admach Systems IPO, you need ₹2,72,400 at the lower price band (₹227 per share) or ₹2,86,800 at the upper price band (₹239 per share) for a lot size of 1200 shares.
Admach Systems IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on December 31, 2025.
Refund/unblocking of funds for Admach Systems IPO will begin on December 30, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Admach Systems IPO shares on listing day (December 31, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.