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Apollo Micro Systems IPO Prospectus
What Are Analysts Saying?
All that you need to know about Apollo Micro Systems IPO
Rudra Shares and Stock Brokers, 10 Jan 2018
Taking into consideration, the current market opportunities in defense and Government of India’s initiative, ‘Make in India’ aims to boost the nation’s domestic manufacturing sector as well as to create market by targeting exports, the issue seems to be fairly priced. We recommend to SUBSCRIBE the IPO .
Issue Details
Open Date: 10 Jan 18
Close Date: 12 Jan 18
Offer Price: Rs. 270
Issue Size: Rs. 156 Cr
Min Application Amount:
Rs. 13500
Min bid (No. of shares): 50
Listing Exchanges: BSE, NSE
About the Company
"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.warehousing, distribution and other logistics solutions.

They offers contract logistics such as warehousing and distribution services as well as other value-added services including kitting and bundling, unit cartonisation and packaging solutions, express logistics such as point-to-point, less-than truck-load and time-definite transportation services; and temperature-controlled logistics comprising cold-chain warehousing, transportation solutions, and long-haul distribution services for perishable products.

They serves customers in various sectors which includes retail, fashion and apparel, automotive and engineering, food and beverage, fast-moving consumer goods, e-commerce, healthcare, electronics and technology, home and furniture and ATMs."
Objective of the Issue
"Objects of the Issue:

The objects of the issue are:
1. To meet additional working capital requirement of the Company
2. General corporate purposes"
Subscription Details
Investor Category No of times
Qualified Institutional Investor -
Non Institutional Investor -
Retail Investor -
Total -