Apsis Aerocom IPO
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Apsis Aerocom IPO details
Schedule of Apsis Aerocom
| Issue open date | 11 Mar 2026 |
| Issue close date | 13 Mar 2026 |
| UPI mandate deadline | 13 Mar 2026 (5 PM) |
| Allotment finalization | 18 Mar 2026 |
| Refund initiation | 20 Mar 2026 |
| Share credit | 23 Mar 2026 |
| Listing date | 24 Mar 2026 |
| Mandate end date | 28 Mar 2026 |
| Lock-in end date for anchor investors (50%) | 13 Apr 2026 |
| Lock-in end date for anchor investors (remaining) | 12 Jun 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Apsis Aerocom
Apsis Aerocom Limited is a precision engineering company focused on manufacturing high-precision components for the aerospace, defence, and healthcare sectors. The company originated as a partnership firm, M/s Apsis Latitude, established in January 2012. It was later converted into Apsis Aerocom Private Limited in August 2022, and subsequently into Apsis Aerocom Limited in December 2024, marking its transition into a public company. The company is promoted by Basavaraju Kanakatte Shivakumar, Mihir Kumar Pradhan, and Vinod Kumar Mariyappan, who collectively guide its strategic and operational growth. Apsis operates from its manufacturing facility in Bangalore, Karnataka, where it delivers engineering and precision machining services. The company provides end-to-end solutions, including design support, CAD/CAM-based process development, precision machining, finishing, and final component delivery. Its products mainly consist of machined parts used in complex systems within aerospace, defence, and healthcare equipment, typically manufactured as per customer specifications. The business model centers on build-to-print precision manufacturing, enabling the company to serve niche, high-value industries with stringent quality requirements. Supported by AS9100D and ISO 9001:2015 certified quality systems, Apsis emphasises dimensional accuracy, reliability, and advanced manufacturing processes. Its key strengths lie in specialised engineering capabilities, modern machining infrastructure, and a focused presence in high-precision industrial segments.
Financials of Apsis Aerocom
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 35.77 |
| Fresh Issue – Proceeds go to the company | 35.77 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding Capital Expenditure (Purchase of Machinery) | 27.02 (75.54%) |
| General corporate purposes | 8.75 (24%) |
Strengths
- Strong focus on precision engineering for aerospace, defence, and healthcare sectors.
- Provides end-to-end solutions from design support to final component delivery.
- Certified quality systems aligned with AS9100D and ISO 9001:2015 standards.
- Modern manufacturing facility in Bengaluru with advanced CAD/CAM machining capabilities.
- Experienced promoters with strong industry knowledge and operational involvement.
Risks
- Any disruption at the manufacturing facility could impact operations and revenue.
- Dependence on a skilled workforce and key management for business continuity.
- Exposure to regulatory and policy changes in the aerospace and defence industries.
- Delay or failure in customer receivable collections could affect cash flows.
- Business performance may be influenced by macroeconomic and market conditions.