Admach Systems IPO
Admach Systems IPO
Overview
Admach Systems IPO is a book build issue of ₹42.60 crores. The issue is entirely a fresh issue of 0.18 crore shares of ₹42.60 crore. Admach Systems IPO opens for subscription on Dec 23, 2025 and closes on Dec 26, 2025. The allotment for the Admach Systems IPO is expected to be finalized on Dec 29, 2025. Admach Systems IPO will list on BSE SME with a tentative listing date fixed as Dec 31, 2025. Admach Systems IPO price band is set at ₹227.00 to ₹239.00 per share . The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹2,86,800.00 (1,200 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (1,800 shares), amounting to ₹4,30,200. Aftertrade Broking Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company areNNM Securities Pvt.Ltd., Aftertrade Broking Pvt.Ltd..
Total Shares
17,82,600
Issue Size
₹42.60 Cr
Price Band
₹227 – ₹239
Lot Size
600 shares
Min. Investment
₹2,86,800
Max. Investment
₹2,86,800
Open Date
23 Dec, 2025
Close Date
26 Dec, 2025
Allotment
29 Dec, 2025
Listing
31 Dec, 2025
Max. Investment
₹2,86,800
Announced
23 Dec, 2025
Opening Date
23 Dec, 2025
Closing Date
26 Dec, 2025
Basis of Allotment
29 Dec, 2025
Initiation of Refunds
30 Dec, 2025
Credit of Shares
30 Dec, 2025
Listing Date
31 Dec, 2025
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
About Admach Systems IPO
Incorporated in 2008, Admach Systems Limited is engaged in designing, manufacturing, exporting, and supplying customised special purpose machines and automation systems for the Indian and global engineering industry. Its offerings primarily cater to the steel, automobile, food, tooling, and other engineering industries.
The company specializes in special purpose machines, robotic material handling systems, automation, assembly machines, packaging machines, and product design. It operate
Admach Systems IPO Share Price
Issue Breakdown
Shareholding
Dilution: 35.7% increase in shares
Admach Systems IPO Financial Health
Admach Systems Ltd.'s revenue increased by 170% and profit after tax (PAT) rose by 82% between the financial year ending with March 31, 2025 and March 31, 2024.
Admach Systems IPO Lot Size
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1200 | ₹2,86,800 |
| Individual investors (Retail) (Max) | 2 | 1200 | ₹2,86,800 |
| S-HNI (Min) | 3 | 1800 | ₹4,30,200 |
| S-HNI (Max) | 6 | 3600 | ₹8,60,400 |
| B-HNI (Min) | 7 | 4200 | ₹10,03,800 |
(All values in CR)
Admach Systems IPO Valuations
KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 43.94 |
| ROCE | 44.00 |
| Debt/Equity | 0.48 |
| RoNW | 27.69 |
| PAT Margin | 11.43 |
| EBITDA Margin | 19.32 |
| Price to Book Value | 5.41 |
(All values in CR)
Admach Systems IPO Strength & Risk
Admach Systems IPO Strength:
• Operates in the specialised machinery and automation segment catering to multiple industries
• Offers customised solutions, enhancing customer stickiness and repeat business potential
• Presence in export markets provides revenue diversification beyond domestic demand
• Focus on quality control and in-house manufacturing capabilities supports product reliability
• Demonstrated improvement in revenues and profitability in recent years
Admach Systems IPO Risk:
• Significant dependence on the steel sector exposes the business to industry-specific slowdowns
• Customer concentration risk, where loss of a key client could impact revenues
• Exposure to raw material price fluctuations may pressure operating margins
• Limited geographic diversification could increase regional business risks
• SME listing may result in lower post-listing liquidity and higher price volatility
Admach Systems IPO Subscriptions Status
Admach Systems IPO subscribed 4.13 times. The public issue subscribed 3.77 times in the individual investors category, 1.55 times in QIB (Ex Anchor), and 7.40 times in the NII category by December 26, 2025 5:39:33 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 2,10,600 | 2,10,600 | 5.033 |
| Market Maker | 1.00 | 89,400 | 89,400 | 2.137 |
| QIB (Ex Anchor) | 1.55 | 3,81,600 | 5,91,000 | 14.125 |
| Non-Institutional Buyers | 7.40 | 3,79,800 | 28,11,600 | 67.197 |
| bNII (bids above ₹10L) | 9.21 | 2,53,800 | 23,37,599 | 55.869 |
| sNII (bids below ₹10L) | 3.76 | 1,26,000 | 4,74,000 | 11.329 |
| Individual Investors | 3.77 | 7,21,200 | 27,16,800 | 64.932 |
| Total | 4.13 | 14,82,600 | 61,19,400 | 146.254 |
Admach Systems IPO GMP
Admach Systems SME IPO last GMP is ₹0, last updated Dec 26th 2025 04:53 PM. With the price band of 239.00, Admach Systems SME IPO's estimated listing price is ₹239 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 26 Dec, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 26 Dec, 2025 | 239 | ₹0▼ | - | ₹239 (0.00%) | - | 26 Dec, 2025 |
| 25 Dec, 2025 | 239 | ₹5▲ | 2300 | ₹244 (2.09%) | 3000 | 25 Dec, 2025 |
| 24 Dec, 2025 | 239 | ₹0 | - | ₹239 (0.00%) | - | 24 Dec, 2025 |
| 23 Dec, 2025 | 239 | ₹0 | - | ₹239 (0.00%) | - | 23 Dec, 2025 |
| 22 Dec, 2025 | 239 | ₹0 | - | ₹239 (0.00%) | - | 22 Dec, 2025 |
| 21 Dec, 2025 | 239 | ₹0 | - | ₹239 (0.00%) | - | 21 Dec, 2025 |
| 20 Dec, 2025 | 239 | ₹0 | - | ₹239 (0.00%) | - | 20 Dec, 2025 |
| 19 Dec, 2025 | 239 | ₹0 | - | ₹239 (0.00%) | - | 19 Dec, 2025 |
| 18 Dec, 2025 | 239 | ₹0 | - | ₹239 (0.00%) | - | 18 Dec, 2025 |
| 17 Dec, 2025 | 239 | ₹0 | - | ₹239 (0.00%) | - | 17 Dec, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Admach Systems IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Admach Systems IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.