Apollo Techno Industries IPO Subscription Day 1

Posted by : sachet | Tue Dec 23 2025

Here, the Apollo Techno Industries IPO launched on 23rd December 2025. Bidding for the issue will close today, 31st December 2025. The primary aim of the Apollo Techno Industries IPO is to raise ₹47.96 crores from the market. Also, the Apollo Techno Industries IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the Apollo Techno Industries IPO subscription and details.

Table of Contents

Apollo Techno Industries IPO Details

IPO Open Date	23rd December 2025
Face Value	₹10 per share
Price Band	₹123 to ₹130 per share
Lot Size	1,000 Shares
Issue Type	Bookbuilding Issue
Listing At	BSE & SME
IPO Close Date	26th December 2025
Listing Date	31st December 2025

The price band for Riddhi Display Equipment’s IPO has been set at ₹123 to ₹130 per share, and a total of 36,89,000 shares are being issued. Let’s segregate the share quota fixed for different categories of investors.

Investor Categories	Shares Offered	Shares Percentage
Market Maker Shares Offered	1,85,000	5.01%
QIB shares offered	17,50,000	47.44%
NII (HNI) Shares Offered	5,26,000	14.26%
Retail Shares Offered	12,28,000	33.29%
Total Shares Offered	36,89,000	100.00%

Apollo Techno Industries IPO Subscription Status

As of now, the Apollo Techno Industries IPO has been subscribed to 2.79 times. Of these, 2.19 times are subscribed by retail investors, 5.82 times by non-institutional investors, and 1.55 times by QII (Qualified Institutional Investors).

The healthy subscription status indicates that investors are expecting higher returns at the time of Apollo Techno Industries’ IPO listing on 31st December 2025. Apollo Techno Industries also has a positive outlook behind the fresh issue of 0.37 crore shares, which will raise around Rs 47.96 crores.

Apollo Techno Industries IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Apollo Techno Industries IPO GMP for 23rd December 2025.

The grey market premium for this IPO has surged to 7.69% or Rs 10.00 per share. It indicates that the estimated listing price per share is Rs 140.00. Numerous factors played a pivotal role in this jump in the GMP of Riddhi Display Equipment’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
23-12-2025	₹130.00	₹10.00	₹140.00	7.69%
22-12-2025	₹130.00	₹15.00	₹145.00	11.54%
21-12-2025	₹130.00	₹18.00	₹148.00	13.85%
20-12-2025	₹130.00	₹18.00	₹148.00	13.85%
19-12-2025	₹130.00	₹18.00	₹148.00	13.85%
18-12-2025	₹130.00	₹0.00	₹130.00	0.00%
17-12-2025	₹130.00	₹0.00	₹130.00	0.00%
16-12-2025	₹130.00	₹0.00	₹130.00	0.00%
15-12-2025	₹130.00	₹0.00	₹130.00	0.00%

About Apollo Techno Industries Ltd.

Apollo Techno Industries was established in 2016. Apollo Techno Industries Limited is a company that operates in the manufacturing and technology sectors. The company specialises in trenchless technology and foundation equipment for the construction industry, offering products like Horizontal Directional Drilling rigs, Diaphragm Drilling Rigs, Rotary Drilling Rigs, and spare parts. The company, with in-house design and engineering, offers quality products, refurbishment services, and sustainable solutions. Its design team consists of five members, supporting domestic and international growth. The company focuses on understanding customer needs, building long-term relationships, and expanding its market presence. Gujarat leads domestic sales with 34.52%, followed by Maharashtra and Haryana, driving customer growth.

Apollo Techno Industries Limited Financials

The company’s financial analysis is essential before applying for the Apollo Techno Industries IPO. Look at the table to learn about Apollo Techno Industries Limited’s financials.

Year Ended	30th June 2025 (in cr.)	31st March 2025 (in cr.)	31st March 2024	31st March 2023
Assets	75.06	76.25	67.03	65.09
Revenue	24.67	99.66	69.28	72.57
Profit After Tax	1.08	13.79	3.23	0.90
EBITDA	2.07	18.15	7.65	2.97
Net Worth	26.38	25.32	11.57	8.21
Reserves and Surplus	16.38	15.32	9.07	5.71
Total Borrowings	30.57	31.75	43.29	43.97

Explanation

Apollo Techno Industries Limited’s revenue increased by 44% from ₹69.28 crores in March 2024 to ₹99.66 crores in March 2025. Moreover, the company’s PAT increased by 327% from ₹3.23 crores in March 2024 to ₹13.79 crores in March 2025.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Apollo Techno Industries IPO.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	9.43
EPS (Earnings Per Share)	13.79
RoNW	54.45%
ROCE	30.98%
ROE	74.75%
EBITDA Margin	18.31%
Price to Book Value	11.27
Market Capitalisation	₹177.96 Cr

Apollo Techno Industries IPO Listing Expectations

Apollo Techno Industries IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 7.69% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 140.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation.

Apollo Techno Industries IPO Dates

IPO Open Date	23rd December 2025
IPO Close Date	26th December 2025
Allotment	29th December 2025
Refund Date	30th December 2025
IPO Listing Date	31st December 2025

Note: IPO GMP is volatile and depends on market sentiment. Hence, one should conduct their research before investing in it.