Apollo Techno Industries IPO: GMP, Share Price, Dates & Lot Size

Apollo Techno Industries Ltd.

Apollo Techno Industries Ltd. (ATIL) is an Indian engineering company that manufactures construction and foundation equipment—especially trenchless technology machines such as Horizontal Directional Drilling (HDD) rigs, diaphragm wall drilling rigs, rotary drilling rigs, and associated spare parts. It serves infrastructure and construction sectors in India and abroad.

The company was incorporated in April 2016 and is based in Mehsana, Gujarat.

IPO Overview

Issue Size & Type

• Total Issue Size: ≈ ₹47.96 crore (fresh issue)
• Type: Book-built Public Issue – SME IPO

IPO Price & Lot Size

Price Band

• ₹123 to ₹130 per equity share.

Lot Size & Minimum Investment

• Lot Size: 1,000 shares per lot.
• Minimum Investment: ~₹1,23,000 (at upper band)

Some brokers/agents list a 2,000 shares as the effective minimum for full participation, which means investors may need to apply for a minimum of 1–2 lots depending on platform rules.

IPO Important Dates

Event	Date
IPO Opens	23 Dec 2025
IPO Closes	26 Dec 2025
Basis of Allotment Finalized	29 Dec 2025
Refunds Initiated	30 Dec 2025
Shares Credited	30 Dec 2025
Expected Listing	31 Dec 2025

This gives retail investors a short window to bid and expect listing by the end of December 2025.

IPO Allocation & Reservation

Apollo Techno’s IPO equity is split across investor categories:

• Anchor Investors
• Qualified Institutional Buyers (QIBs)
• Non-Institutional Investors
• Retail Individual Investors

Exact allocation percentages can vary per SME IPO norms.

Grey Market Premium (GMP)

GMP reflects informal market sentiment about how much the stock might trade above its IPO price on listing day. It’s an unofficial indication used by many retail investors in India.

Apollo Techno IPO Grey Market

• GMP has been active in grey markets in the days leading up to the IPO.
• Reports indicate the GMP ranged from ₹0 up to ₹18 in December 2025 before the IPO opens, suggesting moderate investor interest.

Market commentary also noted that a GMP ~₹18 against a ₹130 price band could reflect an expected ~14% listing day gain, although this is not guaranteed and actual performance may vary.

Important Note: GMP is speculative and not a guarantee of future performance. It should not be the sole reason to invest.

Company Financial (Key Metrics)

According to IPO prospectus and broker platforms:

• Revenue for FY ending Mar 2025 was reported around ₹99+ crore.
• The company has shown growth in recent years with increasing sales and profit after tax, indicating business expansion.

Investors should read the full RHP (Red Herring Prospectus) for detailed financials, risk factors, and business strategy.

How to Apply

Online

• Through ASBA using your bank’s net banking/UPI interface.
• Through brokers like Zerodha, Groww, Upstox, etc., using the IPO tab and entering bid details.

Offline

• Submit physical IPO form with ASBA at your bank branch or with stockbroker.

Make sure your demat account details and UPI/ASBA mandates are active before applying.

Pros & Cons

Pros

• SME IPO gives early entry into a niche engineering company.
• Potential listing gains suggested by grey market activity (subject to risk).
• Strong focus on infrastructure equipment with rising demand in construction.

Cons / Risks

• SME IPOs are generally less liquid and riskier than mainboard IPOs.
• Price performance can be volatile; GMP is not guaranteed.
• Short trading history and limited financial data compared to larger firms.

Always evaluate personal risk tolerance and investment horizon.

Should You Invest?

Whether to apply depends on:

• Your view on infrastructure/equipment sector growth
• Risk appetite (SME IPOs can be volatile)
• Long-term vs short-term investment goals
• Evaluation of company financials and fundamentals

Do your own diligence or consult a financial advisor.