Apsis Aerocom IPO

About Apsis Aerocom IPO

The offer consists of a fresh issue component. The fresh issue will include up to 0.33 crore shares of ₹35.77 crores. The total number of shares and aggregate amount are 32,52,000 shares (aggregating up to ₹36 crores).

The Apsis Aerocom IPO opens on Wednesday, March 11, 2026 and closes on Friday, March 13, 2026. The allotment of shares will take place on Monday, Mar 16, 2026. The credit of shares to the demat account will take place on Tuesday, March 17, 2026. The initiation of refunds will take place on Tuesday, Mar 17, 2026. The listing of shares will take place on Wednesday, March 18, 2026.

Apsis Aerocom is a premier engineering solutions provider, specialising in the manufacturing of high-precision and complex mechanical components for the aerospace and healthcare industries (Source: Infomerics Report). The company delivers comprehensive, end-to-end machining and engineering solutions—starting from sourcing raw materials through certified vendors to precision machining, cleanroom-compatible finishing, surface treatment, and mechanical assembly.

Objectives of Apsis Aerocom IPO

• Funding capital expenditure towards the purchase of machinery.

• General corporate purposes.

Industry Outlook

The global precision mechanical component industry plays a pivotal role in enabling technological advancement and industrial efficiency across multiple sectors. It is a foundational element in the supply chains of critical industries such as aerospace, automotive, electronics, medical devices, and industrial automation.

The global precision mechanical components market is projected to reach a value of USD 19,803 crores in CY2025 and is expected to grow at a CAGR of 9.10% to approximately USD 30,609 crores by CY2030 (Source: Infomerics Report). This robust growth is driven by increasing demand from high-precision industries such as aerospace, medical devices, automotive, and industrial automation (Source: Infomerics Report).

About Apsis Aerocom

Apsis Aerocom is engaged in the field of precision engineering, with their primary focus on the manufacture of components and allied services for the aerospace, defence and healthcare industries. Driven by modern manufacturing techniques, they provide engineering and precision machining services, offering end-to-end solutions ranging from design support to final product delivery.

Their manufacturing processes have consistently demonstrated significant levels of dimensional accuracy over the last three fiscal years. They maintain quality systems aligned with AS9100D and ISO 9001:2015 certifications, which are widely recognised standards in their industries of operation.

Strengths of Apsis Aerocom

• Versatile supplier with domestic and international reach.

• Strong customer relationships with a diverse and well-recognised customer base across their operating industries.

• Modern manufacturing facility with robust capacity and focus on quality.

• Experienced and complementary management team with strong implementation skills and operational effectiveness.

• Reliable power backup through an uninterrupted power supply (UPS).

Risks of Apsis Aerocom

• Loss of relationship with any of their key customers.

• If their customers reduce or discontinue outsourcing precision manufacturing, or shift to in-house production or alternate suppliers.

• Any increase in the cost or shortage in the supply of raw materials, including volatility in the pricing and availability of aerospace-grade metals and alloys.

• Any disruption in the continuous operation of their manufacturing facilities.

• Any disruptions in the services of their third-party transportation and logistics providers.

*All the financial information for Apsis Aerocom above is derived from the Restated Financial Statements.

Considering the nature and size of operations of the Company, the peer Company is not strictly comparable. However, the same have been included for broader comparison.

*Source: All the financial information (Standalone) for Unimech Aerospace and Manufacturing Ltd. for the F.Y. 2024-25 has been sourced from its Annual Report as available on the website of NSE and the closing price has been taken from the website of NSE as on February 23, 2026.

(1) The Price-to-Earnings (P/E) ratio for the listed peer company has been computed based on closing market price of its equity share on NSE as on February 23, 2026, divided by the Basic and Diluted EPS as at March 31, 2025. (2) Basic and Diluted EPS figures are sourced from the Annual Report of the listed peer company for the FY 2024-25. (3) Return on Net Worth (RONW %) has been computed as Net Profit After Tax for the financial year ended March 31, 2025 divided by Total Equity as on March 31, 2025. (4) Net Asset Value (NAV) per share has been calculated as Total Equity as on March 31, 2025 divided by the number of outstanding equity share as on March 31, 2025.

Anchor Investor Bidding Date:

March 10, 2026, Tuesday*

*The company may, in consultation with the Book Running Lead Manager, consider participation by Anchor Investors in accordance with the SEBI ICDR Regulations. The Anchor Portion Issue pens/Closes on shall be one Working Day prior to the Bid/Issue Opening Date.

• Registrar: Integrated Registry Management Services Private Limited

• Book Running Lead Managers: Oneview Corporate Advisors Private Limited

Business Model

The company earns its revenue through the following:

Manufacturing high-precision and complex mechanical components for the aerospace and healthcare industries (Source: Infomerics Report). The company delivers comprehensive, end-to-end machining and engineering solutions—starting from sourcing raw materials through certified vendors to precision machining, cleanroom-compatible finishing, surface treatment, and mechanical assembly.

Apsis Aerocom Growth Trajectory

Apsis Aerocom’s Total Income for FY25 was ₹20.567 crores, whereas in FY24 and FY23 it was ₹16.877 crores and ₹10.413 crores, respectively.

The Profit After Tax for FY25 was ₹6.638 crores, whereas in FY24 and FY23 it was ₹2.554 crores and ₹1.025 crores, respectively.

Their EBITDA for FY25 was ₹10.205 crores, whereas in FY24 and FY23 it was ₹4.095 crores and ₹1.927 crores, respectively .

Apsis Aerocom Market Position

In India, Apsis Aerocom has established a market presence in Karnataka, Telangana, and Maharashtra, where they have developed ongoing business relationships with their clients.

Internationally, the company has strategically focused its efforts on select global markets, with a presence in the United States of America (USA), the Netherlands, Spain, and Israel.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹20.567 crores, ₹6.638 crores, and ₹10.205 crores, respectively.

How to apply for Apsis Aerocom IPO?

• Step 1:  Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.

• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.

• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

• Step 4:  Mandate Notification. Your UPI app will receive a mandate notification to block funds.

• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.