Apollo Techno
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Apollo Techno
Price 123 to 130
GMP Rumors ₹7
Lot size 2000
Issue size ₹47.96 Cr
Allotment 29-12-2025
Listing 31-12-2025
Suggestion May Apply
Allotment Status MUFG
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About

BSE List Price : ₹145.00

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Category Times
QIBs 25.26x
HNIs 98.36x
Retail 44.81x
Total : 50.71x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 2,000 ₹260,000
Retail Maximum 2 2,000 ₹260,000
S-HNI Minimum 3 3,000 ₹390,000
S-HNI Maximum 7 7,000 ₹910,000
B-HNI Minimum 8 8,000 ₹1,040,000

About the Company

Established in 2016, Apollo Techno Industries Limited operates in the manufacturing and technology segments.

The company specializes in trenchless technology and foundation equipment catering to the construction sector. Its product portfolio includes Horizontal Directional Drilling (HDD) rigs, Diaphragm Drilling Rigs, Rotary Drilling Rigs, along with related spare parts.

Supported by an in-house design and engineering setup, Apollo Techno Industries delivers high-quality machinery, refurbishment solutions, and environmentally sustainable offerings. The dedicated five-member design team plays a key role in driving the company’s expansion across domestic and international markets.

Financially, the company recorded strong growth, with revenue increasing by 44% and profit after tax (PAT) rising by 327% between the financial years ended March 31, 2024, and March 31, 2025.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2023 ₹72.57 ₹71.40 ₹0.90 ₹65.09
2024 ₹69.28 ₹64.67 ₹3.23 ₹67.03
2025 ₹99.66 ₹84.85 ₹13.79 ₹76.25
June 2025 ₹24.67 ₹23.25 ₹1.08 ₹75.06

Company Promoter

Mr. Parth Rashmikant Patel

Mr. Rashmikant Haribhai Patel

Mrs. Manjulaben Rashmikant Patel

Parth Patel (HUF)

Rashmikant Haribhai Patel HUF

Know before investing

  • • Strengths

    Favorable Government Support for Infrastructure Development: Major public infrastructure programs, including metro rail networks, ports, industrial corridors, and dedicated freight corridors, backed by approximately USD 1.4 trillion in planned investments, are fueling consistent demand for construction and foundation machinery.

    Supportive Domestic Demand Conditions: Accelerating urbanisation, increasing population, and growing requirements for infrastructure, affordable housing, and smart building projects are sustaining long-term expansion in the heavy construction equipment industry.

  • • Risks

    Cyclical Nature of Equipment Demand: Demand for construction equipment follows cyclical patterns, with periods of expansion and contraction, which may affect order volumes and revenue stability.

    Seasonal Impact of Monsoons: In some regions, monsoon periods can temporarily slow construction activities, resulting in short-term reductions in demand for equipment.

Objects of the Issue & Utilisation of proceeds

To Meet Working Capital Requirements.

General Corporate Purpose.

Company  Address

Apollo Techno Industries Limited.
Survey No. 60,
Ahmedabad-Mehsana Highway, Mandali,
Dist. Mahesana 384455,
Gujarat, India.
Phone: +91 9875170439
Email: cs@apollotechno.com
Website: http://www.apollotechno.com/

IPO Registrar

MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: apollotechno.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

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