Apollo Techno Industries IPO Allotment Finalised Today After 47x Oversubscription
Apollo Techno Industries IPO allotment finalised December 29 after achieving 47.15x oversubscription, with applications for 12.44 crore shares against 26.39 lakh offered. All investor categories showed strong participation, led by NIIs at 72.76x subscription. Grey market premium of ₹12 per share suggests 9.23% potential listing gains on the ₹130 upper price band.
*this image is generated using AI for illustrative purposes only.
Apollo Techno Industries IPO allotment is expected to be finalised today, December 29, following remarkable investor interest that saw the issue oversubscribed by more than 47 times. The BSE SME offering, which concluded on December 26, demonstrated exceptional market appetite with applications received for over 12.44 crore shares against the total offering of 26.39 lakh shares.
Subscription Performance Across Categories
The IPO witnessed strong participation across all investor segments during its three-day bidding period from December 23-26. The subscription details reflect robust institutional and retail interest in the manufacturing and technology company.
| Investor Category: | Subscription Multiple |
|---|---|
| Qualified Institutional Buyers (QIBs): | 25.26x |
| Non-Institutional Investors (NIIs): | 72.76x |
| Retail Investors: | 44.81x |
| Overall Subscription: | 47.15x |
Allotment Status Check Process
Investors who participated in the IPO can verify their allotment status through two official channels: BSE and the issue registrar MUFG Intime India Pvt. Ltd.
BSE Allotment Check Steps:
- Access the BSE IPO allotment page
- Select "Equity" as the issue type
- Choose "Apollo Techno Industries" from the dropdown menu
- Enter application number or PAN details
- Complete captcha verification and click "Search"
MUFG Intime India Check Steps:
- Visit the MUFG Intime India IPO allotment page
- Select "Apollo Techno Industries" from company dropdown
- Choose identification method (PAN, Application Number, or DP ID/Client ID)
- Enter corresponding details and submit
Grey Market Premium and Listing Expectations
The grey market premium for Apollo Techno Industries shares stood at ₹12.00 per share as of December 29, according to market sources. Based on the upper price band limit of ₹130.00, this indicates an estimated listing price of ₹142.00, representing a potential premium of 9.23% per share.
Issue Structure and Key Details
Apollo Techno Industries, incorporated in 2016, operates primarily in manufacturing and technology sectors. The company's public offering comprised entirely fresh equity issuance worth ₹47.96 crore.
| IPO Parameter: | Details |
|---|---|
| Issue Size: | ₹47.96 crore |
| Share Offering: | 37.00 lakh shares (fresh issue) |
| Price Band: | ₹123.00 - ₹130.00 per share |
| Lot Size: | 1,000 shares |
| Minimum Investment: | ₹2,60,000 (2 lots) |
| Book-Running Lead Manager: | Beeline Capital Advisors Pvt. Ltd. |
| Registrar: | MUFG Intime India Pvt. Ltd. |
| Market Maker: | Spread X Securities Pvt. Ltd. |
The successful completion of this oversubscribed IPO reflects strong investor confidence in the BSE SME segment and Apollo Techno Industries' business prospects in the manufacturing and technology space.
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