Allotment

The Admach Systems IPO will open for subscription on December 23, 2025, and will close on December 26, 2025. This IPO is a Book Building Issue, through which the company plans to raise approximately ₹42.60 crore. The issue consists of a fresh issue worth ₹42.60 crore, along with an offer for sale of up to [.] equity shares, each having a face value of ₹10.
The IPO price band has been fixed at ₹227 to ₹239 per share. The allocation structure includes 50% for Qualified Institutional Buyers (QIBs), 35% for Retail Investors, and 15% for HNI investors.
Admach Systems is expected to list on the BSE SME platform on December 31, 2025. The basis of allotment is likely to be finalized on December 29, 2025.
Financial Performance
The company reported a significant increase in revenue, reaching ₹53.52 crore in FY2025, compared to ₹19.80 crore in FY2024. Net profit also showed strong growth, rising to ₹6.10 crore in FY2025 from ₹3.35 crore in FY2024.
Based on its robust financial growth and operational performance, the IPO appears suitable for long-term investors.
₹2390%
Open
HIgh - Low
Previous Close
Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| IPO Date | 31 Dec |
| IPO Listing Date | 31 Dec |
| IPO Face Value | ₹10 Per Equity Share |
| IPO Price Range | ₹239.00 |
| IPO Issue Size | 17,82,600 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME Platform |
| Share Holding Pre Issue | 49,90,200 shares |
| 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 |
| Category | Offer |
|---|---|
| QIB Shares Offered | 2,56,200 Shares |
| NII (HNI) Shares Offered | 3,80,400 Shares |
| Retail Shares Offered | 7,20,600 Shares |
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 shares | ₹2,86,800 |
| Retail (Max) | 2 | 1,200 shares | ₹2,86,800 |
| S-HNI (Min) | 3 | 1,800 shares | ₹4,30,200 |
| S-HNI (Max) | 6 | 3,600 shares | ₹8,60,400 |
| B-HNI (Min) | 7 | 4,200 shares | ₹10,03,800 |
Incorporated in 2008, Admach Systems Limited is engaged in the designing, manufacturing, exporting, and supply of customized special purpose machines and automation systems for both the Indian and global engineering markets. The company primarily serves industries such as steel, automobile, food, tooling, and other engineering sectors.
Admach Systems specializes in special purpose machines (SPMs), robotic material handling systems, automation and assembly lines, packaging machines, and product design solutions. The company operates with an annual production capacity of 100 units and achieved 100% capacity utilization in FY 2024–25, demonstrating strong demand, operational efficiency, and consistent growth.
Product Portfolio
Black Bar Solutions – Efficient systems for handling and transporting raw iron black bars
Bar Chamfering Machines – Smoothens steel bar edges to prevent equipment damage and workplace injuries
Bar Straightener Machines – Ensures straightness of alloy steel bars post hot rolling
Bright Bar Solutions – Peeled and defect-tested bars with ultrasonic inspection and precise packaging
Grinding Solutions – One-pass or two-pass grinding for accurate sizing and superior surface finish
Super Finishing Solutions – Advanced belt polishing techniques for high-quality and specialized finishes
The company’s office and manufacturing facility are located in Pune, Maharashtra.
Competitive Strengths
Experienced promoters supported by a skilled management and execution team
Diversified and well-established customer base
Strong focus on quality control and inspection
| Assets | 60.22 | 55.9 | 35.78 |
| Total Income | 23.06 | 53.52 | 19.8 |
| Profit After Tax | 3.02 | 6.1 | 3.35 |
| EBITDA | 4.49 | 10.31 | 6.29 |
| NET Worth | 25.04 | 22.03 | 5.73 |
| Reserves and Surplus | 20.05 | 17.04 | 3.73 |
| Total Borrowing | 10.15 | 10.66 | 15.59 |
| ROE | 43.94% |
| ROCE | 44.00% |
| Debt/Equity | - |
| RoNW | 27.69% |
| PAT Margin | 11.43% |
| EBITDA Margin | 19.32% |
| Price to Book Value | 5.41 |
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 | 16.47 |
| 2 | To meet out the expenses of Working Capital Requirement | 15.5 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Admach Systems Limited.
Survey No. 122, Village
Nandoshi, Off Pune Sinhagad
Road, Khadakwasla R.S.,
Pune– 411 024, Maharashtra, India
Phone: +91-7020909040
Email: admach@admach.co.in
Website: https://www.admach.co.in/
IPO Registrar
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
The Admach Systems IPO will open on December 23, 2025, and close on December 26, 2025, with allotment expected on December 29, 2025, and listing on December 31, 2025.
The IPO price band is fixed between ₹227 and ₹239 per equity share, with a lot size of 600 shares, requiring a minimum retail investment of 1,200 shares.
Admach Systems shares are proposed to be listed on the BSE SME platform, making it an SME Book Building IPO aimed at growth-focused investors.
IPO proceeds will be used to fund capital expenditure for new machinery, meet working capital requirements, and support general corporate purposes to strengthen operations and future growth.
Admach Systems reported strong growth, with revenue increasing by 170% and profit after tax rising by 82% in FY2025, reflecting improved operational efficiency and demand.