Apollo Micro Systems has successfully secured trading approval for equity shares issued through preferential allotment, marking a significant milestone for the smallcap defence company. The development has generated positive market sentiment, with the stock demonstrating upward momentum during trading.

Stock Performance and Market Response

The company's shares showed strong performance during the trading session, with notable price appreciation following the announcement.

The stock opened flat at ₹253.10 but gained momentum throughout the session, reaching a peak of ₹259.45, reflecting investor confidence in the company's strategic moves.

Preferential Share Listing Details

The company has received approval for trading of a substantial number of preferential shares, enhancing its market presence and providing additional liquidity.

Long-term Performance Track Record

Apollo Micro Systems has established itself as a notable performer in the defence sector, delivering exceptional returns to shareholders over an extended period. The company has generated returns exceeding 700% over the past three years, positioning it among the high-performing stocks in the smallcap defence segment.

Market Positioning

As a smallcap defence stock, Apollo Micro Systems operates in a sector that has witnessed significant attention from investors. The successful listing of preferential shares demonstrates the company's ability to execute corporate actions effectively while maintaining market confidence. The positive market response to the preferential share listing indicates investor appetite for the company's securities and confidence in its strategic direction.

Apollo Micro Systems Limited has secured trading approval for its preferential share issue worth ₹1,386.88 crores, marking a significant capital raising milestone for the defense technology company. The National Stock Exchange of India Limited (NSE) and BSE Limited granted trading approval on January 8, 2026, for 1,21,47,964 equity shares of ₹1 each issued at a premium of ₹113 per share.

Share Issue Details

The preferential issue comprises equity shares allotted to both promoters and non-promoters pursuant to conversion of warrants. Trading for these shares commenced on January 9, 2026, under the symbol APOLLO on NSE and scrip code 540879 on BSE.

Lock-in Period Structure

The issued shares are subject to different lock-in periods based on regulatory requirements. The majority of shares carry a longer lock-in period, reflecting the strategic nature of the preferential allotment.

Regulatory Approvals and Documentation

Both NSE and BSE have issued formal approvals for the listing and trading of these preferential shares. The exchanges confirmed that all regulatory requirements have been met for the conversion of warrants into equity shares. The company has been advised to use the NSE Electronic Application Processing System (NEAPS) for all future critical and price-sensitive information submissions under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Market Impact

The preferential issue represents a substantial capital infusion for Apollo Micro Systems, with the funds expected to support the company's growth initiatives in the defense and aerospace sectors. The staggered lock-in periods ensure controlled release of shares into the market, with approximately 88.00% of the issued shares locked until July 2027 and the remaining 12.00% available for trading from July 2026.

The successful completion of this preferential issue demonstrates investor confidence in Apollo Micro Systems' business prospects and strengthens the company's financial position for future expansion plans.