Admach Systems IPO opens for subscription from December 23 to 26, 2025, with listing on BSE SME scheduled for December 31, 2025. The book-built issue aggregates to ₹42.60 crore via a 100% fresh issue of 17,82,600 equity shares. Admach Systems is an industrial automation and material-handling solutions company that designs and manufactures conveyors, special-purpose machines, and automated systems for sectors like FMCG, pharma, and manufacturing. Admach Systems IPO offers exposure to India’s factory automation and industrial efficiency theme amid rising capex and Make in India initiatives.
₹11
₹239
₹
Expert Opinions
Market sentiment for Admach Systems IPO remains constructive amid rising industrial automation investments and India’s manufacturing resurgence. Company strengths encompass specialized expertise in designing conveyors, special-purpose machines, and automated systems for FMCG, pharma, and manufacturing sectors, backed by consistent order execution and client diversification. Risks involve project execution delays, technology obsolescence, customer concentration, and cyclical industrial capex patterns.
Valuation analysis of Admach Systems IPO in 2025 reveals a Return on Equity (ROE) of 43.94%, ROCE of 44.00%, and Net Asset Value (NAV) of ₹44.14, reflecting superior capital efficiency and robust profitability metrics. Long-term investment perspective favors sustained growth from factory automation demand, PLI schemes, and expanding industrial footprint, positioning Admach Systems to benefit from structural shifts toward higher productivity and operational efficiency.
Investor Considerations
Investors considering Admach Systems IPO should review the company’s stellar trajectory, with revenue leaping 170% to ₹53.52 crore and PAT climbing 82% to ₹6.10 crore in FY 2025 from FY24, underpinned by expertise in conveyors and automation systems for FMCG/pharma sectors. Sector outlook is buoyant amid PLI incentives, factory modernization, and industrial capex surge.
Valuation analysis of Admach Systems IPO in 2025 indicates a Price to Book Value of 5.41, PAT Margin of 11.43%, and Debt/Equity ratio of 0.48, balancing growth premium with prudent leverage. Growth prospects center on IPO-funded working capital and capex, fueling order book expansion and client acquisition. Risk factors comprise execution delays, tech upgrades, and cyclical manufacturing demand. Long-term investors capitalize on automation tailwinds and scale benefits, whereas short-term strategies face order volatility and peer competition.
| Date | GMP | Trend |
|---|---|---|
| 30 Dec 2025 19.22 | ₹11 | Up |
| 29 Dec 2025 20.01 | ₹00 | --- |
| 26 Dec 2025 21.23 | ₹00 | --- |
| 25 Dec 2025 20.02 | ₹00 | --- |
| 24 Dec 2025 19.46 | ₹00 | --- |
| 23 Dec 2025 19.32 | ₹00 | --- |
| 22 Dec 2025 19.44 | ₹00 | --- |
FAQs
Admach Systems IPO Current GMP is ₹11.
Admach Systems IPO Expected Returns is 4.60%.
Admach Systems IPO estimated listing price is ₹250.