Apollo Techno Industries IPO Subscription Day 3

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. 

Apollo Techno Industries IPO Details 

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. 

Apollo Techno Industries IPO Subscription Status

As of now, the Apollo Techno Industries IPO has been subscribed to 14.62 times. Of these, 12.77 times are subscribed by retail investors, 25.29 times by non-institutional investors, and 9.85 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 24th December 2025. 

The grey market premium for this IPO has surged to 9.23% or Rs 12.00 per share. It indicates that the estimated listing price per share is Rs 142.00. 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. 

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, provides 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. 

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.

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 9.23% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 142.

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

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

Recent Articles

Icodex Publishing Solutions IPO GMP: Day 1 IPO Live Updates

Bluestone Jewellery IPO GMP: Day 1 IPO Live Updates

Highway Infrastructure IPO Listing Preview: What to Expect Now in 2025?

Concord Biotech Q1 Results FY26: Q1 PAT Falls 26.07% to ₹44.06 Crore; Revenue Down 5.47% YoY

Action Construction Equipment Q1 Results FY26: Q1 PAT Rises 16.08% to ₹97.72 Crore; Revenue Down 11.19% YoY

Sawaliya Foods Products IPO Allotment Status Check Online: GMP, Subscription, Price, and More

Apollo Techno Industries IPO Allotment Status Check Online: GMP, Subscription, Price, and More

Mahendra Realtors IPO GMP & Review: Apply or Avoid?

Regaal Resources IPO GMP & Review: Apply or Avoid?

Icodex Publishing Solutions IPO GMP & Review: Apply or Avoid?