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ADMACH · BSE · Engineering
Admach Systems IPO listed on 31 Dec 2025 on BSE at ₹191.20, a loss of 20.00% over the issue price of ₹239.00. The IPO was subscribed 4.13x overall.
Admach Systems IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 23 Dec 2025 |
| IPO Close Date | 26 Dec 2025 |
| Basis of Allotment | 29 Dec 2025 |
| Initiation of Refunds | 30 Dec 2025 |
| Credit of Shares to Demat | 30 Dec 2025 |
| Listing Date | 31 Dec 2025 |
Listing day gain
-20%
Listed at ₹191.2 (issue ₹239)
Issue
₹239
Listing
₹191.2
Current
₹200.75
-16% vs issue
Day range
₹191.2 – ₹200.75
Issue Size
1,782,600 shares
(aggregating up to ₹42.60 Cr)
Issue Price
₹227 – ₹239
Face Value
₹10/share
Market Lot
600 shares
Retail Min Investment
₹286,800
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
[.]
Offer for Sale
[.]
Reserved for Market Maker
89,400 shares
(aggregating up to ₹2.14 Cr)
Issue Type
book building
Open Date
23 Dec
Close Date
26 Dec
Allotment
29 Dec
Listing
31 Dec
Last updated: 9 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 31 Dec 2025 Latest | ₹239 | ₹11 | ₹250 | ₹11 |
4.6%
|
12:00 PM |
| 30 Dec 2025 | ₹239 | ₹11 | ₹250 | ₹11 |
4.6%
|
12:00 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 26 Dec 2025
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 1.55x | - |
| NII | 7.39x | - |
| bNII (bids above ₹10L) | 9.21x | - |
| sNII (bids below ₹10L) | 3.76x | - |
| Retail Investors | 3.77x | - |
| Total | 4.13x | - |
Showing the latest subscription snapshot.
View full subscription historyAjay Chamanlal Longani, Rajni Ajay Longani, Mahesh Chamanlal Longani and Sonal Mahesh Longani are the company promoters.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹286,800 |
| Retail (Max) | 2 | 1,200 | ₹286,800 |
| S-HNI (Min) | 3 | 1,800 | ₹430,200 |
| S-HNI (Max) | 6 | 3,600 | ₹860,400 |
| B-HNI (Min) | 7 | 4,200 | ₹1,003,800 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 592,200 (33.22%) |
|
•
Anchor Investor Shares Offered
|
336,000 (18.85%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
256,200 (14.37%) |
| NII (HNI) Shares Offered | 380,400 (21.34%) |
| Retail Shares Offered | 720,600 (40.42%) |
| Market Maker Shares Offered | 89,400 (5.02%) |
| Total Shares Offered | 1,782,600 (100.00%) |
Admach Systems Limited is a Pune-based engineering company specializing in the design and manufacture of bespoke special purpose machines (SPMs), automation solutions, NDT equipment, and packaging systems on an order-specific basis. It serves sectors like steel (major revenue contributor), automobiles, and pipes, with end-to-end services including after-sales support. The company operates a single manufacturing facility in Pune with in-house capabilities.
Growth: Revenue grew from ₹13.10 Cr in FY23 to ₹53.36 Cr in FY25 (CAGR ~101%), driven by capacity expansion, new machinery, higher order execution, and increased production units (from 52 to 100). PAT surged from ₹0.10 Cr to ₹6.10 Cr over the same period.
Key Strengths: Customized high-precision solutions, experienced promoters (30+ years in machine tools), integrated in-house operations reducing costs/lead times, strong customer retention (top 10 customers contribute 94%+ revenue), focus on quality/sustainability, diversified product portfolio, and organic growth through repeat orders.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 13.18 | 19.8 | 53.52 |
| Profit After Tax (PAT) | 0.1 | 3.35 | 6.1 |
| EBITDA | 1 | 6.29 | 10.31 |
| Total Assets | 19.79 | 35.78 | 55.9 |
| Net Worth | 2.38 | 5.73 | 22.03 |
| Reserves & Surplus | 1.13 | 3.73 | 17.04 |
| Total Borrowing | 8.45 | 15.59 | 10.66 |
Revenue & Profit Trend
The basis of allotment for Admach Systems IPO was finalised on 29 Dec 2025. You can check your allotment status using your PAN number or application number on the Maashitla Securities Pvt. ltd. portal or BSE.
The Admach Systems IPO is expected to open in Dec 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Admach Systems IPO is ₹227.00 - ₹239.00 per share.
As per market sources, Admach Systems IPO GMP is currently ₹11.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Admach Systems IPO stands at 4.13x overall.
The listing date for Admach Systems IPO is 31 Dec 2025.
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