APOLLO TECHNO INDUSTRIES IPO
Key IPO Details at a Glance
| IPO Period | 23rd – 26th Dec 2025 |
|---|---|
| Listing on | 31 Dec 2025 |
| Price Band | ₹123 – ₹130 |
| Lot Size & Minimum Investment | 1000 shares — ₹130,000 |
| Total Issue Size | INR 48 Crores |
Dhan Kirti is pleased to bring you detailed insights into the upcoming Initial Public Offering (IPO) of Apollo Techno Industries Limited. This comprehensive guide aims to provide potential investors with a clear understanding of the company, its offering, and the investment opportunity it presents. Mark your calendars as Apollo Techno Industries prepares to list on the stock exchanges, inviting participation from both institutional and retail investors.
Important Dates for Investors
Understanding the key dates associated with an IPO is crucial for timely participation and tracking your investment. Here are the essential milestones for the Apollo Techno Industries IPO:
- Opening Date: 23 Dec 2025
- Closing Date: 26 Dec 2025
- UPI Payment Deadline: 26 Dec 2025 (5 PM)
- Allotment Announcement: 29 Dec 2025
- Refund Processing: 30 Dec 2025
- Demat Credit: 30 Dec 2025
- Stock Market Listing: 31 Dec 2025
- Mandate Validity End: 11 Jan 2026
- Anchor Investor Lock-in Release (50%): 28 Jan 2026
- Anchor Investor Lock-in Release (Remaining): 28 Mar 2026
*Dates may be revised as per official updates.
Exploring Apollo Techno Industries
Originally established in April 2016 as a private limited entity, Apollo Techno Industries Limited was converted into a public limited company in December 2024. Headquartered in Gujarat, India, the company operates robustly in the construction equipment segment, with a specific focus on trenchless technology and foundation equipment. Apollo Techno Industries specializes in the manufacturing of critical infrastructure machinery, including Horizontal Directional Drilling (HDD) rigs, Diaphragm Drilling Rigs, Rotary Drilling Rigs, and their associated spare parts. These specialized products are indispensable for the installation of underground utilities, essential foundation work for large-scale infrastructure projects, and high-rise construction across various sectors.
The company adheres to a strong manufacturing-led business model, underpinned by its comprehensive in-house engineering, design, and assembly capabilities. Beyond manufacturing, Apollo Techno Industries enhances its value proposition by offering extensive post-sales services, which include warranties, dedicated on-site support, and technical training for its clientele. This integrated approach highlights the company’s commitment to both product quality and customer satisfaction. The company caters to the demands of infrastructure development across domestic and select international markets, positioning itself as a key player in a growing industry.
Understanding the IPO’s Financial Structure
The Apollo Techno Industries IPO is structured to raise capital for the company’s growth initiatives. Below are the details regarding the funds being raised:
| Total Funds Raised | INR 47.96 Crores |
|---|---|
| Fresh Issue Component | INR 47.96 Crores |
| Offer for Sale Component | N/A |
The entire issue size of INR 47.96 Crores is a fresh issue, meaning all proceeds will directly flow into the company. This capital injection is intended to fuel the company’s strategic objectives and expansion plans.
Deployment of IPO Proceeds
The capital generated from the IPO will be strategically allocated to support Apollo Techno Industries’ operational and growth imperatives. Here’s a breakdown of how the funds are planned for utilization:
| Objective | Amount (INR Crores) | Allocation % |
|---|---|---|
| Working capital requirement | 38.50 | 80.26% |
| General corporate purposes | 9.46 | 19.74% |
A significant portion of the funds, over 80%, is earmarked for meeting the company’s working capital requirements, which is crucial for managing day-to-day operations and facilitating expansion. The remaining capital will be used for general corporate purposes, providing the company with flexibility for strategic initiatives and unforeseen contingencies.
Distinctive Advantages of Apollo Techno
Apollo Techno Industries possesses several competitive strengths that underpin its market position and growth potential:
- Specialised manufacturer of trenchless and foundation equipment critical for large-scale infrastructure projects.
- Diverse product portfolio encompassing Horizontal Directional Drilling (HDD) rigs, diaphragm drilling rigs, and rotary drilling rigs.
- Strong promoter experience, contributing extensive technical and operational expertise to the company’s management.
- Robust in-house manufacturing capabilities, supported by advanced engineering and design functions.
- Established presence in the dynamic domestic market, complemented by strategic sales exposure in international regions.
Key Risks for Consideration
While Apollo Techno Industries demonstrates compelling strengths, potential investors should also be aware of certain risk factors:
- High dependence on Horizontal Directional Drilling (HDD) machines, which constitute a significant portion of its revenue.
- Concentration of revenue from a limited number of states and specific geographic regions.
- Reliance on a small base of customers for a substantial share of its overall revenues.
- Exposure to the inherent cyclicality and demand fluctuations within the infrastructure and construction industry.
- Dependence on a limited set of suppliers for key raw materials and critical components.
Real-Time Investor Interest and Subscription Status
Investor interest in an IPO is often gauged by its subscription levels across various categories. The latest subscription data provides insights into the demand for Apollo Techno Industries shares:
| Investor Category | Shares Reserved (Lakhs) | Shares Applied (Lakhs) | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 7.00 | 10.84 | 1.55 |
| Non-Institutional Investors (NII) | 5.26 | 54.97 | 10.45 |
| Retail Individual Investors (RII) | 12.28 | 55.10 | 4.49 |
| Total | 24.54 | 120.91 | 4.93 |
As of 05:00 PM on December 23, 2025, the IPO has seen robust interest, with the total issue being subscribed 4.93 times. Non-Institutional Investors (NIIs) showed strong participation, subscribing over 10 times their reserved portion, while Retail Individual Investors (RIIs) also demonstrated healthy demand. Qualified Institutional Buyers (QIBs) have subscribed 1.55 times their allocated shares.
*Subscription statistics are based on the latest available information. GMP figures are unofficial and may vary; exchange data is more reliable.
Participate in the Apollo Techno Industries IPO
Apollo Techno Industries represents an opportunity to invest in a specialized manufacturer operating in India’s growing infrastructure sector. With its focus on trenchless technology and foundation equipment, supported by in-house manufacturing and strong promoter experience, the company is poised to capitalize on the ongoing infrastructure development. Investors can participate in this IPO via the official Dhan Kirti IPO platform before the subscription closes on December 26, 2025.
