apollo micro system ltd IPO

Apollo Micro Systems Ltd | launch date | GMP | Price

Wealth Creation

Apollo Micro Systems is an electronic, electromechanical, engineering designs, manufacturing, and supplies company.They design, develop and sell high-performance, mission and time critical solutions to Defence, Space and Home Land Security for Ministry of Defence, government controlled public sector undertakings and private sectors.

Company’s manufacturing facility is located in Hyderabad.They are an ISO 9001: 2015 certified company in relation to design, development, and manufacturing of electronics and electro-mechanical systems including software.

The company develops customised solutions using common hardware and software technology IP’s which can be re-configured to suit the end application and domain requirements of the end customer.

The company has participated in several Indigenous Missile programmes, underwater electronic warfare, underwater missiles, surface to air missiles, nuclear missile programmes, surface to surface missile programmes, indigenous submarine programmes UAV’s long and short endurance, ships, space programmes.

Till date, they have developed over 100 On-Board Systems and more than 50 types of ground support equipment and more than 100 other designs in Defence and non-defense markets.

As on August 31, 2017, Company’s total Order Book was around Rs.79.74 crores excluding GST.

The defense systems supplied by the Company can be broadly classified as On-Board Systems and Ground support equipment.They offer both On-Board Systems as well as Ground support equipment.

Issue Open: Jan 10, 2018 – Jan 12, 2018
Issue Size: Rs 156 Cr
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 270– Rs 275 Per Equity Share
Minimum Lot: 50
Listing At: NSE & SME

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