Apollo Techno IPO Details
The key details of Apollo Techno Industries’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹47.96 Cr |
| Price Range | ₹123 - ₹130 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 2,000 |
| Investment (cut-off price) | ₹2,60,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Apollo Techno IPO Timelines
The IPO process for Apollo Techno Industries 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 DateApollo Techno IPO Lot Size
The Apollo Techno Industries IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹130 per share. For retail investors, the minimum and maximum application is 2,000 shares (2 lots) amounting to ₹2,60,000. For Small HNI (S-HNI) investors, the minimum application is 3,000 shares (3 lots) worth ₹3,90,000, while the maximum is 7,000 shares (7 lots) amounting to ₹9,10,000. Big HNI (B-HNI) investors need to apply for at least 8,000 shares (8 lots), totaling ₹10,40,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2000 | ₹2,60,000 |
| Retail Maximum | 2 | 2000 | ₹2,60,000 |
| S-HNI Minimum | 3 | 3000 | ₹3,90,000 |
| S-HNI Maximum | 7 | 7000 | ₹9,10,000 |
| B-HNI Minimum | 8 | 8000 | ₹10,40,000 |
Apollo Techno IPO Subscription Status
The subscription status for Apollo Techno Industries 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 |
|---|---|---|---|---|
| 25.26x | 98.00x | 44.81x | -- | 50.63x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Apollo Techno IPO Company Financials
Apollo Techno Industries reports robust performance in FY2025 with Total Income of ₹99.66 crores, managing expenses at ₹84.85 crores, and achieving a strong PAT (Profit After Tax) of ₹13.79 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹72.57 | ₹71.40 | ₹0.90 |
| FY 2024 | ₹69.28 | ₹64.67 | ₹3.23 |
| FY 2025 | ₹99.66 | ₹84.85 | ₹13.79 |
| FY 2026 (3 M) | ₹24.67 | ₹23.25 | ₹1.08 |
About Company
Apollo Techno Industries Limited, incorporated in 2016, operates in the manufacturing and technology sectors with a focus on providing advanced equipment for the construction industry. The company specializes in trenchless technology and foundation equipment, supported by in house design and engineering capabilities. It delivers quality products, refurbishment services, and sustainable solutions, with a dedicated design team of five members enabling both domestic and international expansion. The company emphasizes understanding customer requirements, fostering long term relationships, and strengthening its market presence.
Its product portfolio includes Horizontal Directional Drilling systems used for installing pipes, cables, and utilities with minimal environmental impact, diaphragm drilling solutions for structural support, deep excavation, and flood protection, and rotary drilling rigs for piling applications in large infrastructure projects such as metros, bridges, and buildings. Gujarat accounts for the highest share of domestic sales at 34.52 percent, followed by Maharashtra and Haryana, reflecting strong regional demand. As of June 30, 2025, the company employed 154 people.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2016 | Engineering | Parth Patel |
Know Before Investing
Apollo Techno IPO Strengths
- Apollo Techno Industries is India’s only domestic manufacturer of Horizontal Directional Drilling (HDD) rigs, Diaphragm Wall Drilling rigs, and among few makers of Rotary Drilling rigs, serving diverse infrastructure sectors.
- Benefits from sustained government capex on roads, metro, urban infra, and foundation work requiring trenchless and specialised drilling solutions.
- Serves pan-India customers across key states with potential for export growth in specialised drilling equipment.
- Multi-year project pipelines in highways (Bharatmala), metro projects, and urban development ensure sustained equipment demand.
- Revenue on annualised basis reached ₹98.48 crore with EBITDA of ₹18.18 crore, reflecting robust scaling and operational leverage in FY25.
Apollo Techno IPO Risks
- Revenue showed setbacks in FY24 despite FY25 recovery, indicating volatility in order execution and project cycles.
- Drilling rig production requires heavy machinery investments with long gestation periods and execution risks.
- Significant revenue likely tied to public sector contracts vulnerable to tender delays, policy changes, and payment cycles.
- Faces global and domestic players in HDD/rotary rigs, potentially pressuring pricing and market share.
- Infra equipment involves upfront material costs and milestone billing, straining cash flows during project execution.
- Steel, hydraulics, and components expose margins to commodity cycles without full pass-through.
Swot Analysis for Apollo Techno IPO
Strengths
Niche Trenchless Leadership, Comprehensive Product Range, Strong Financial Momentum
Weaknesses
Revenue Concentration, Limited Geographic Diversification, Seasonal Monsoon Impact
Opportunities
Infrastructure Megatrends, Aftermarket Growth, Rental & Leasing Model
Threats
Intense Global Competition, Execution & Technology Risks, Import Substitution Challenges
Company Details
Apollo Techno Industries Ltd.
Survey No. 60, Ahmedabad – Mehsana Highway, Mandali, Mehsana, Gujarat, 384455
Phone: +91 9875170439
Email: cs@apollotechno.com
Website: http://www.apollotechno.com/
IPO Registar Details
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: apollotechno.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
FAQs
The key objectives of Apollo Techno SME IPO are:
- Fees and commissions payable to the BRLM (including any underwriting commission, brokerage and selling commission)
- Fees Payable to Registrar to the Issue
- Fees payable to Legal Advisor
- Fees Payable Advertising, Marketing Expenses and Printing Expenses
- Fees Payable to Regulators including Stock Exchanges and other Intermediaries
- Fees payable for Financial Due Diligence
- Fees payable to Secretarial work
- Fees payable to Peer Review Auditor
- Fees Payable to Market Maker (for Three Years)
- Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees and miscellaneous expenses.)
- Escrow Bank Fees
Beeline Capital Advisors Pvt. Ltd. is the book-running lead managers for the Apollo Techno IPO.
Apollo Techno IPO shows growth potential from India’s rising power and infrastructure capex of about ₹2.5 lakh crore annually, supporting demand for transformers and switchgear. In-house design, SAP enabled operations, ISO certification, and working capital support position the company to scale domestic and export orders sustainably.
The issue price for the Apollo Techno IPO is set between ₹123 to ₹130 per share.
To invest in two lot of Apollo Techno IPO, you need ₹2,46,000 at the lower price band (₹123 per share) or ₹2,60,000 at the upper price band (₹130 per share) for a lot size of 2000 shares.
Apollo Techno IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on December 31, 2025.
Refund/unblocking of funds for Apollo Techno IPO will begin on December 30, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Apollo Techno 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.