Apsis Aerocom Limited is a precision engineering company specializing in the manufacturing of high-precision components and related services for the aerospace, defence, and healthcare industries.
The company operates a manufacturing facility in Peenya Industrial Area, Bengaluru, a major industrial hub for aerospace and engineering manufacturing in India. The facility is divided into Shed 1 (eastern portion) and Shed 2 (western portion) and is equipped with advanced CNC machining centers capable of handling components up to 1,200 mm in length.
APSIS Aerocom integrates CAD/CAM-based design, process development, and precision machining, enabling it to provide end-to-end manufacturing solutions based on client-provided drawings and specifications.
The company manufactures high-precision machined components used in complex systems across its key industries. Its capabilities include:
- Precision CNC machining
- Surface finishing and treatment
- Component assembly
- Quality control and inspection
- Final product validation and delivery
APSIS Aerocom serves customers across Karnataka, Telangana, and Maharashtra in India and internationally in the United States, Netherlands, Spain, and Israel.
As of September 30, 2025, APSIS Aerocom had 105 employees, supporting the complete manufacturing process from customer drawings to final delivery of precision components.
Apsis Aerocom IPO – Details
| IPO Opening Date | 11 March 2026 |
| IPO Closing Date | 13 March 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 32,52,000 Shares Worth ₹35.77 Crore Fresh Issue: 32,52,000 Shares Worth ₹35.77 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹104 – ₹110 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Integrated Registry Management Services Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Apsis Aerocom IPO – Date Schedule
| IPO Open Date | 11 March 2026 |
| IPO Close Date | 13 March 2026 |
| Basis of Allotment | 16 March 2026 |
| Initiation of Refund | 17 March 2026 |
| Credit of Shares to Demat | 17 March 2026 |
| IPO Listing Date | 18 March 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 13, 2026 |
Apsis Aerocom IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,64,000 |
| Retail (Max) | 2 | 2,400 | ₹2,64,000 |
| S-HNI (Min) | 3 | 3,600 | ₹3,96,000 |
| S-HNI (Max) | 7 | 8,400 | ₹9,24,000 |
| B-HNI (Min) | 8 | 9,600 | ₹10,56,000 |
Competitive Strength
- Versatile supplier with domestic and international reach.
- Strong Customer Relationships.
- Modern manufacturing facility with focus on quality and capacity.
- Experienced and complementary management team with strong implementation skills and operational effectiveness.
- Reliable Power Backup through Uninterrupted Power Supply (UPS).
Company Promoters
- Basavaraju Kanakatte Shivakumar
- Vinod Kumar Mariyappan
- Mihir Kumar Pradhan
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹10.41 Cr | ₹9.04 Cr | ₹1.03 Cr | ₹2.07 Cr |
| 31 March 2024 | ₹16.88 Cr | ₹13.46 Cr | ₹2.55 Cr | ₹1.32 Cr |
| 31 March 2025 | ₹20.57 Cr | ₹11.63 Cr | ₹6.64 Cr | ₹2.84 Cr |
| 30 September 2025 | ₹13.70 Cr | ₹9.53 Cr | ₹3.12 Cr | ₹2.33 Cr |
Key Performance Indicator
| KPI | Values (Sep 30, 2025) |
|---|---|
| ROE | 25.75% |
| ROCE | 25.62% |
| RoNW | 22.81% |
| PAT Margin | 22.88% |
| EBITDA Margin | 34.99% |
| Price to Book Value | 7.07 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.54 | 5.51 |
| P/E (x) | 14.58 | 19.97 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding Capital Expenditure towards purchase of Machinery; and | ₹27.02 |
| General Corporate Purpose. | – |
✅Strengths
- Precision engineering expertise in aerospace, defence, and healthcare components.
- Advanced CNC-based manufacturing facility in Peenya, Bengaluru.
- End-to-end manufacturing capability from design support to final inspection.
- Domestic and international customer base including USA, Netherlands, Spain, and Israel.
- Experienced promoters and technical team.
⚠️Risks
- High dependence on aerospace and defence sectors.
- Customer concentration risk from limited key clients.
- Single manufacturing facility in Bengaluru.
- Strict quality requirements; defects may lead to order rejection.
- Competitive precision engineering industry.
Apsis Aerocom IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.02% |
Apsis Aerocom IPO Prospectus
Company Contact Information
| Apsis Aerocom Ltd. Plot No.392/1, 10th Cross Road, IV Phase Peenya Industrial Area, Bengaluru, Karnataka, 560058 Phone: +91 8049932834 Email: cs@apsisaerocom.com Website: https://apsisaerocom.com/ |
Apsis Aerocom IPO Registrar
| Integrated Registry Management Services Pvt. Ltd. Phone: 044 – 28140801 to 28140803 Email: ipo@integratedindia.in Website: https://www.integratedregistry.in/IRMS_V2/IPOlink_v3.aspx |
Apsis Aerocom IPO Lead Manager(s)
| 1. Oneview Corporate Advisors Pvt. Ltd. |
Apsis Aerocom IPO FAQ
| What is the Apsis Aerocom IPO? Apsis Aerocom IPO is an SME IPO. The issue is priced at ₹104 – ₹110 per equity share. The IPO is to be listed on NSE SME. |
| When will Apsis Aerocom IPO open? The IPO is to open on 11 March 2026 for QIB, NII, and Retail Investors. |
| What is Apsis Aerocom IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Apsis Aerocom IPO Size? Apsis Aerocom IPO size is ₹35.77 Crore. |
| What are the Apsis Aerocom IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,64,000, while the maximum bid is 2400 Shares for ₹2,64,000. |
| What is the Apsis Aerocom IPO Allotment Date? Apsis Aerocom IPO allotment date is 16 March 2026. |
| What is the Apsis Aerocom IPO Listing Date? Apsis Aerocom IPO listing date is 18 March 2026. The IPO is to be listed on the NSE SME. |
