Apollo Microsystems IPO

Apollo Microsystems IPOBusiness description from prospectus – Apollo Microsystems is an electronic, electro-mechanical, engineering designs, manufacturing and supplies company. It designs, develops and sells high-performance, mission and time critical solutions to Defence, Space and Home Land Security for Ministry of Defence, government controlled public sector undertakings and private sectors. Its customised solutions are developed using common hardware and software technology IP’s which can be re-configured to suit the end application and domain requirements of end customer. The repository of knowledge and technology base that the company has developed since inception is a strong base to outperform the competition and be abreast in the market. This supports the company to constantly upgrade the technologies to meet present and futuristic requirements of its customers.

The company offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers. The systems undergo various stages of approvals right from design, prototyping, functional acceptance, manufacturing and qualification testing. The company has its participation in several Indigenous Missile programmes, underwater electronic warfare, underwater missiles, surface to air missiles, nuclear missile programmes, surface to surface missile programmes, indigenous submarine programmes UAV’s long and short endurance, ships, space programmes.

Promoters of Apollo Microsystems – Karunakar Reddy Baddam
Apollo Microsystems IPO details
Subscription Dates 10 – 12 January 2018
Price Band INR270 – 275 per share (retail and employee discount of INR12 per share)
Fresh issue INR156 crore
Offer For Sale Nil
Total IPO size INR156 crore
Minimum bid (lot size) 50 shares
Face Value  INR10 per share
Retail Allocation 35%
Listing On NSE, BSE
Use of funds
  • Funding of working capital requirements – INR118.92 crore
  • General Corporate purposes – remaining amount
Apollo Microsystems’ financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 H1 FY2018
Total revenues 37.5 72.9 108.8 159.5 211.8 109.5
Total expenses 33.0 65.6 99.4 144.7 186.0 98.9
Profit after tax 3.0 5.3 7.4 10.0 18.6 7.1
Net margin (%) 8.0 7.3 6.8 6.3 8.8 6.5

Apollo Microsystems Limited 
Plot No 128/A, Road No. 12, BEL Road
IDA Mallapur, Uppal Mandal
Hyderabad – 500076

Phone: +91 40 2716 700 
Fax: 
+91 40 2715 0820 
Email:
[email protected]
Website: www.apollo-micro.com

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Earnings Per Share (EPS): INR13.54

Price/Earnings (P/E) ratio: 19.94 – 20.31

Return on Net Worth (RONW): 29.3%

Net Asset Value (NAV): INR46.22 per share

Apollo Microsystems IPO Subscription Details

Category Shares offered Subscription (no. of times, at 5 PM)
Day 1 Day 2 Day 3
QIB  1,151,875 0.32 3.25 101.92
NII  863,800 0.51 1.58 958.06
Retail  2,109,280 3.78 15.14 37.69
Employees  20,000 3.93 9.81 16.04
Total  4,144,955 2.14 8.98 247.24

Apollo Microsystems IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

IPO Opening Date: 10 January 2018

IPO Closing Date: 12 January 2018

Finalisation of Basis of Allotment: 17 January 2018

Initiation of refunds: 18 January 2018

Transfer of shares to demat accounts: 19 January 2018

Listing Date: 22 January 2018

Listing Price on NSE: INR465 per share (up 76.8% from retail IPO price)

Closing Price on NSE: INR441.75 per share (up 67.9% from retail IPO price)

136 COMMENTS

  1. Can any one provide a perfect analysis.. I checked fundamental are good and they have a good earning as well .. should we subscribe on Listing day .. Never been lucky to get IPO allotment

  2. Today i applied for this IPO through SBI after 2 PM but it told me that it will be lien n next day …Why?
    In this situation what are chances of allotment.

  3. I’m Dinesh Jain from Hyderabad. Plzzz pray for me to getting allotment of shares of appolo ipo. this my life’s first ipo. First time I’m investing.

  4. Its the fact that Any IPO gain (Irrespective of its fundamentals or analysts views) depends on Traders Mood on that Listing Day.. So Those who can wait for some more time in case of Fall on Listing day, just BUY this too.. I am Expecting (as per my previous Gains made in IPOs) a Listing Day gain of 60% Premium.. So Decide as per your financial Positions.

  5. This will be another Astron Paper for sure. Because it is very small issue, ppl can buy after listing too. Defense will continue to make money as long as Modi govt is here

  6. I’m Madan Arya from Sohna Distt Gurgaon (Haryana) Apply 5 Lot Apollo IPO getting allotment of shares of Apollo Micro System . this is my first IPO . now seen that will doing yes or no

  7. Until now (21.15 hrs) on 17-Jan, there is no Information about Allotment status in BSE as well as bigshare sites.. In fact, there is no Company name (Apollo Micro) included in Selection List in Bigshare website..!! Lets wait until Listing Date…that is 22-Jan.

  8. Fedup checking the big share site ….when will they display the allotments man …..18th jan is about to get over …hope they display it before 22nd jan listing …hahahahahs

  9. क्या यार कल से देख रहे है कोई भी जिम्मेदारी से इस IPO के ALLOTMENT के बारे मे कोई भी जानकारी नही दे रहा है.

  10. Ye Allotment dene wale hai k nahi Bhai.
    Inki wajah se dusre IPO bhi apply nahi ho pa rahe.
    Ya to allotment do ya paise to unblock karo kal to listing hona hai.

  11. Eagle Eye official Whats app group is now active.Now I am much active on Whats app. This group is for Secondary Market. It will also provide you Information about IPO, GMP, Allocation etc.

    Contact only on Whats app number 9122-18-29-78. Send Adding request with your name and City. Don’t call, Just Message only on Whats app and wait.

  12. I got no shares in 5 applications but hats off to this website for timely updates. Received message yesterday night at 11 about the allotment!!!

  13. Very difficulty in check status of allotment.
    Very bad sight of bigshare online.

    All are basis on private setting of ipo allotment

  14. I am the only unlucky or any one here faced same. Bought at 461 Rs still no buyers till date. can we expect any growth for this in future !

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