IPO Issue Details
Issue Price / Price Band₹275 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size50 Shares per Lot
Total Issue Size57,63,886 shares (aggregating up to ₹156.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 10 Jan 2018
Subscription CloseFri, 12 Jan 2018
Anchor AllotmentTue, 09 Jan 2018
Basis of AllotmentWed, 17 Jan 2018
Initiation of RefundsThu, 18 Jan 2018
Credit of Shares to DematFri, 19 Jan 2018
Listing DateMon, 22 Jan 2018
UPI Mandate Deadline2018-01-12
Application & Investment Details
Retail — Min (1 Lots)₹13,750 — 50 shares
Retail — Max (13 Lots)₹178,750 (13 Lots)
HNI — Min (15 Lots)₹2,06,250 — 750 shares
Pre-IPO Promoter Holding1,50,00,000 shares
Post-IPO Promoter Holding2,07,43,886 shares
About Apollo Micro Systems Ltd.
Incorporated in 1997, Apollo Micro Systems Limited is Hyderabad based company engaged in the business of electronic, electro-mechanical, engineering designs, manufacturing and supply. Company design, develop and sell high-performance, mission and time critical solutions to Defense, Space and Home Land Security for Ministry of Defense, government controlled public sector undertakings and private sectors.Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defense and space customers. Company has participated in several Indigenous Missile programs, underwater electronic warfare, underwater missiles, surface to air missiles, nuclear missile programs, surface to surface missile programs, indigenous submarine programs UAV’s long and short endurance, ships, space programs.Company's manufacturing facility is located at Hyderabad.
Objects of the Issue
Apollo Micro Systems Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet additional working capital requirement of the Company
1,189.20
2
2 General corporate purposes
266.70
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,50,00,000 shares
Post-IPO Promoter Holding
2,07,43,886 shares
Lock-in Period (30%)February 16, 2018
Lock-in Period (50%)April 17, 2018