Apollo Techno Industries IPO GMP  Price Analysis, And Details

Apollo Techno Industries IPO- Company Analysis

Apollo Techno Industries IPO under the SME IPO category is a bookbuild issue of Rs. 47.96 Cr by Apollo Techno Industries Limited and works in the technology and manufacturing industries. The company specializes in trenchless technology and foundation equipment for the construction industry and offers products such as horizontal directional drilling rigs, diaphragm drilling rigs, rotary drilling rigs, and replacement parts.

 With in-house design and engineering, the business offers premium goods, refurbishment services, and environmentally friendly solutions. Both domestic and international expansion are supported by its five-person design team.

Goods:

Horizontal Directional Drilling

Rotary Drilling Rigs

Diaphragm Drilling.

 

Apollo Techno Industries IPO Details

The Apollo Techno Industries IPO date of opening is 23 Dec 2025, its initial public offering will end on 26 Dec, IPO allotment on Dec 29 and refund initiation on Dec 30, 2025.

The Rs. 47.96 crore new SME IPO comprises a wholly fresh issue of 0.37 crore shares.

The Apollo Techno Industries IPO listing date (expected) might be on Wednesday, Dec 31, 2025, and listing at the BSE and SME. 

The Apollo Techno Industries IPO price band is Rs. 123 to Rs. 130.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Dec 23, 2025
IPO Closing Date	Dec 26, 2025
IPO Allotment Date	Dec 29, 2025
Refund Initiation	Dec 30, 2025
IPO Listing Date	Dec 31, 2025

 

Click to open demat account and apply for the IPO.

 

 

Company Financials

(Amount in Cr)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	76.25	67.03	65.09
Total Income	99.66	69.28	72.57
PAT	13.79	3.23	0.90
EBITDA	18.15	7.65	2.97
Net Worth	25.32	11.57	8.21
Reserves & Surplus	15.32	9.07	5.71
Total Borrowing	31.75	43.29	43.97

 

Cash Flows

(Amount in lac)

Net Cash Flow	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	1,446.07	280.35	-96.83
Net Cash Flow Investing Activities	-32.31	57.42	253.40
Net Cash Flow Financing Activities	-1,418.82	-324.86	-386.09

 

Revenue Bifurcation

(Rs. in Lac)

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• To meet working capital requirements. ~ Rs. 385 Mn.

• General Corporate Purposes.
  
  

Listed Peers of Apollo Techno Industries Ltd.

Name of the Company	Face Value (Rs.)	EPS (Rs.)	P/E Ratio (x)
Eimco Elecon (India) Limited	10	84.78	22.06

 

Valuation

KPI	Value
ROE	74.75%
ROCE	30.98%
Debt / Equity	3.74
RoNW	54.45%
PAT Margin	13.84%
EBITDA Margin	18.31%
Price to Book Value	11.27

 

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 13.79 from the last year, the resulting P/E ratio is 9.42x.

Explore the Luxury Time IPO.

IPO's Strengths

• Put quality and customer service first.

• Robust market presence driven by a customer-centric perspective.

• Promoters and a management team with experience.

• Internal Engineering and Design Skills.

IPO’s Weaknesses

• In India, the demand for construction equipment fluctuates between periods of expansion and stagnation.

• The demand for construction equipment may be negatively impacted by both policy gridlock and weak economic conditions.

• In some regions of the nation, the monsoon season may cause a brief decline in the need for construction equipment.

 

Apollo Techno Industries IPO GMP (Grey Market Premium)

Apollo Techno Industries IPO GMP today has not started yet as of 18 Dec 2025 while writing this information.

Apollo Techno Industries IPO Summary

IPO Opening & Closing Date	23 Dec, 2025 to 26 Dec, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 123 to Rs. 130 per Share.
Lot Size	1000 Shares
Issue Size	36,89,000 Shares (Rs. 47.96 Cr)
Offer for Sale	-
Fresh Issue	36,89,000 Shares (Rs. 47.96 Cr)
Listing at	BSE, SME
Issue Type	Bookbuild issue IPO
Registrar	MUFG Intime India Pvt. Ltd.

IPO Lot Details 

Retail investors can invest in a minimum of 2 Lots (2000 Shares) for Rs. 2,60,000, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (3000 Shares) for Rs. 3,90,000.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
HNI (Min)	3 Lots

 

Apollo Techno Industries IPO Allotment Status

To check the Apollo Techno Industries IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Apollo Techno Industries Ltd.

• Mr. Parth Rashmikant Patel

• Mr. Rashmikant Haribhai Patel

• Mrs. Manjulaben Rashmikant Patel

• Parth Patel (HUF)

• Rashmikant Haribhai Patel HUF. 

Pre-Issue Promoter Shareholding	100%
Post-Issue Promoter Shareholding	-

 

IPO Lead Managers

• Beeline Capital Advisors Pvt. Ltd.
  
  

Dividend Policy

The company has not paid a dividend during the last three financial years.

 

Conclusion

With robust revenue growth and outstanding profitability ratios like ROE and ROCE, Apollo Techno Industries IPO provides exposure to the specialized trenchless technology and construction equipment market. Supported by internal engineering capabilities and increasing operating cash flows, the IPO value seems appealing in comparison to its listed peer. Before making an investment, investors should take into account the cyclical nature of the construction equipment business and excessive leverage.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.