The initial public offering (IPO) of Apollo Techno Industries Ltd commenced its subscription journey today, witnessing a powerful response from investors right from the opening bell. The public issue, which aims to raise ₹48 crore, will remain open for bidding until 26 December 2025. The company has set a price band of ₹123 to ₹130 per equity share for the offer, which is slated for listing on the BSE SME platform.
Robust Subscription and Grey Market Buzz
Market sentiment around the Apollo Techno Industries IPO appears highly positive. By the afternoon of the first day, at around 2:50 PM, the public issue had already been oversubscribed by 3.37 times. A closer look at the category-wise subscription reveals strong interest across investor classes. The retail investor portion was booked 2.96 times, while the Non-Institutional Investors (NII) segment saw an even stronger demand, getting subscribed 5.86 times. The Qualified Institutional Buyers (QIB) portion was filled 1.55 times.
This enthusiastic reception has spilled over into the unofficial grey market. According to market observers, shares of Apollo Techno Industries are commanding a premium of ₹18 in the grey market today. This represents a significant jump from the previous day's premium of ₹15, indicating heightened speculative interest following the strong institutional and retail response.
Key Details of the Public Offer
For investors considering an application, here are the essential facts about the Apollo Techno Industries SME IPO. The lot size for the application is 1,000 shares, meaning the minimum investment amount would be based on the upper end of the price band.
The company has appointed MUFG Intime India Private Limited as the official registrar for the issue, responsible for the allotment process. Beeline Capital Advisors Private Limited is acting as the lead manager to the offer.
Important Dates for Investors
Investors should mark their calendars for the following critical timelines. The allotment of shares is tentatively scheduled for 27 December 2025. However, if there is a delay because 27th December is a Saturday, the allotment is expected to be finalized by 29 December 2025. Following the allotment, the shares are likely to be listed on the BSE SME exchange on 31 December 2025.
Disclaimer: This news article is for informational and educational purposes only. The views and market data mentioned are from individual analysts and market observers. Readers are strongly advised to consult with certified financial experts before making any investment decisions.
