Apollo Techno Industries Limited Link 
Allotment
Apollo Techno Industries IPO is a book-built issue with a total size of ₹47.96 crore. The IPO consists entirely of a fresh issue of 0.37 crore equity shares, aimed at raising the full amount through new share issuance.
The IPO opened for subscription on December 23, 2025, and will close on December 26, 2025. The allotment is expected to be completed by December 29, 2025, while the shares are likely to be listed on the BSE SME platform on December 31, 2025.
The price band for the issue has been fixed at ₹123 to ₹130 per share. Each application lot contains 1,000 shares. Retail investors need to apply for at least 2 lots (2,000 shares), which requires a minimum investment of ₹2,60,000, calculated at the upper price band. For HNI investors, the minimum application size is 3 lots (3,000 shares), with an investment value of ₹3,90,000.
The IPO is being managed by Beeline Capital Advisors Pvt. Ltd. as the book-running lead manager, while MUFG Intime India Pvt. Ltd. has been appointed as the registrar to the issue. Spread X Securities Pvt. Ltd. will act as the market maker for the IPO.
₹130
0%
Open
₹130
HIgh - Low
₹130
Previous Close
₹130
Total Traded Value
0
52 Weeks High
₹130
52 Weeks Low
₹130
Updates On
Dec 20, 2025
IPO. Open
Dec 23, 2026
IPO. Close
Dec 26, 2026
IPO. Price
₹130.00
IPO Market price
₹177.96 Cr
IPO Details
| IPO Date | 31 Dec |
| IPO Listing Date | 31 Dec |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹130.00 |
| IPO Issue Size | 36,89,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Book Building IPO |
| IPO Listing | BSE SME Platform |
| hare Holding Pre Issue | 1,00,00,000 shares |
IPO Timeline
| IPO Open Date | 23 Dec |
| IPO Close Date | 26 Dec |
| IPO Allotment (Tentative) | 29 Dec |
| Refunds | 30 Dec |
| Credit to Demat Account | 30 Dec |
| IPO Listing Date | 31 Dec |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 17,50,000 Shares |
| NII (HNI) Shares Offered | 5,26,000 Shares |
| Retail Shares Offered | 12,28,000 Shares |
IPO Lot Size
Investors can bid for a minimum of 2,000 shares, with additional shares in multiples of 1,000.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,60,000 |
| Retail (Max) | 2 | 2,000 | ₹2,60,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,90,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,10,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,40,000 |
Apollo Techno Industries Limited was established in 2016 and operates in the manufacturing and technology segment. The company mainly serves the construction and infrastructure industry by providing advanced equipment based on trenchless and foundation technologies.
The company manufactures and supplies equipment such as Horizontal Directional Drilling (HDD) rigs, Diaphragm Drilling Rigs, Rotary Drilling Rigs, along with related spare parts. With its in-house design and engineering setup, Apollo Techno delivers reliable products, refurbishment services, and environmentally responsible solutions. Its design and engineering team includes five professionals, supporting both domestic operations and international expansion.
Apollo Techno follows a customer-first approach, focusing on understanding client requirements and building long-term business relationships. The company continues to grow its market reach across India, with Gujarat contributing around 34.52% of domestic sales, followed by Maharashtra and Haryana, which are key growth regions.
Product Portfolio
Horizontal Directional Drilling (HDD): Used for installing pipelines, cables, and utilities underground with minimal surface disturbance.
Diaphragm Drilling: Applied in deep excavation projects, offering strong structural support and flood protection.
Rotary Drilling Rigs: Used for piling work in large infrastructure projects such as metros, bridges, and commercial construction.
As of June 30, 2025, the company employed 154 people, supporting its manufacturing, engineering, and operational activities.
Competitive Strengths
Strong focus on product quality and customer satisfaction
Customer-driven strategy supporting steady market growth
Experienced promoters and management team
In-house design and engineering capabilities
Solid presence across major domestic markets
Company Financials (Consolidated)
| Assets | 75.06 | 76.25 | 67.03 |
| Total Income | 24.67 | 99.66 | 69.28 |
| Profit After Tax | 1.08 | 13.79 | 3.23 |
| EBITDA | 2.07 | 18.15 | 7.65 |
| NET Worth | 26.38 | 25.32 | 11.57 |
| Reserves and Surplus | 16.38 | 15.32 | 9.07 |
| Total Borrowing | 30.57 | 31.75 | 43.29 |
Key Performance Indicator (KPI)
| 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 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 3.52 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Apollo Techno Industries Limited
Survey No. 60,
Ahmedabad–Mehsana Highway,
Mandali, Mehsana, Gujarat – 384455
Phone: +91 98751 70439
Email: cs@apollotechno.com
Website: www.apollotechno.com
Detail Registrar
IPO Registrar
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
Apollo Techno Industries IPO is a book-built issue of ₹47.96 crore, consisting entirely of a fresh issue to raise funds for business expansion and strengthen its manufacturing capabilities.
The IPO opens on December 23, 2025, and closes on December 26, 2025. Investors can apply online or through their brokers during this subscription window.
The issue price band is ₹123 to ₹130 per share, with each lot containing 1,000 shares. Retail investors must apply for a minimum of 2 lots, while HNIs have higher minimums.
Retail investors need a minimum investment of ₹2,60,000 for 2 lots, while HNI investors must apply for at least 3 lots, amounting to ₹3,90,000, with additional multiples permitted.
Beeline Capital Advisors Pvt. Ltd. is the book-running lead manager, MUFG Intime India Pvt. Ltd. is the registrar, and Spread X Securities Pvt. Ltd. will act as the market maker.
The tentative allotment is scheduled for December 29, 2025. Refunds will initiate on December 30, 2025, and shares are expected to list on BSE SME on December 31, 2025.
The company focuses on trenchless and foundation technology equipment, with in-house engineering, strong customer relationships, domestic market presence, and experienced promoters driving steady growth and operational efficiency.
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