Apsis Aerocom IPO allotment: The basis of allotment of Apsis Aerocom is expected to be finalised on Monday, March 16. Investors who have applied for the IPO can check details on the websites of NSE and Integrated Registry Management Services.
The ₹35.77 crore initial public offer was solely a fresh issuance of 32.52 lakh shares, with no offer for sale (OFS) component. The money raised will be utilised for capital expenditure towards the purchase of machinery and general corporate purposes.
"We believe that listing will enhance our corporate image and visibility of brand name of our company. We also believe that our company will receive the benefits from listing of equity shares on the NSE Emerge Platform," the company said in its red herring prospectus (RHP).
The initial share sale was subscribed a total of 129.33 times, according to Chittorgarh.
With a price band of ₹104 to ₹110 per share, the application size for a lot was 1,200 shares. The minimum investment for an individual investor was two lots or 2,400 shares.
Apsis Aerocom provides precision engineering services, manufacturing components for the healthcare, defence and aerospace industries. It has a domestic presence in Telangana, Maharashtra and Karnataka, and an international footprint in the Netherlands, the USA, Spain, and Israel. The firm makes products according to the designs and requirements of customers.
Apsis Aerocom IPO allotment date and time
Apsis Aerocom IPO allotment status is likely to be finalised on Monday, March 16, by late evening.
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Apsis Aerocom IPO allotment status online on NSE; full steps
- Go to NSE's bid finalisation page in your browser: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Select 'Equity & SME IPO bid details'
- Choose 'APSISAERO' from the select symbol list
- Fill in details such as PAN card and application number
- Press the 'Submit' button
How to check Apsis Aerocom IPO allotment status online on Integrated Registry website
- Visit registrar's page: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
- On the screen, 'Link 1' and 'Link 2' will appear
- Choose any one
- Pick 'Apsis Aerocom' as the company name
- Identify yourself using your Client ID, application number, PAN
- Hit the 'Submit' button
Apsis Aerocom IPO GMP
According to investorgain.com and media reports, Apsis Aerocom's unlisted shares are trading at ₹128, reflecting a grey market premium (GMP) of 16.36% or ₹18 compared to the upper price band of ₹110.