Apollo Micro Systems Limited IPO Detail
Issue Open Date
|Jan 10th , 2018||Price Band :||
Rs 270 – Rs 275
Issue Open Date
|Jan 12th , 2018||Minimum Bid Qty :||
Discount of Rs 12 is offered to RII and Employee.
Issue Structure: 50% QIB, 15% NII, and 35% Retail.
The objects of the issue are:
1. To meet additional working capital requirement of the Company
2. General corporate purposes
Business Description :
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.
Mr. Karunakar Reddy Baddam is the promoter of the company.
|Particulars||For the year/period ended (in Rs. million)|
|Profit After Tax||185.71||100.01||74.48||53.34||
Company Contact Information :
Apollo Micro Systems Limited
Plot No 128/A, Road No. 12,
BEL Road, IDA Mallapur, Uppal Mandal,
Hyderabad– 500 076
Phone: +91 40 2716 7000
Fax: +91 40 2715 0820
IPO Registrar :
Bigshare Services Pvt. Ltd
E-2 & 3,
Ansa Industrial Estate, Saki-Vihar Road,
Sakinaka, Andheri(E), Mumbai – 400 072
Fax: 91-22-2847 5207
IPO Lead Manager(s) :
- Aryaman Financial Services limited