Admach Systems IPO
smelistedAbout the company
Admach Systems Limited designs and builds machines for the Indian and global engineering industry. The company offers customised solutions tailored to meet the unique needs of various industries, including the Steel Industry, the Automobile Industry, the Food Industry and more. Admach Systems manufactures special-purpose machines, automation, assembly and packaging machines, product design, and robotic material handling solutions. Its product line includes Black Bar Solutions, Bar Chamfering Machine, Grinding Solutions, MPI and more. Additionally, the company offers maintenance, repair, and technical services for the machines it manufactures and supplies in both domestic and foreign markets. It has served over 34 clients in the past year, and more than 13 clients have been with the company for more than 15 years as of FY25. With an installed production capacity of 100 units annually, the company produced 100 units in FY25, 80 units in FY24, and 52 units in FY23. As of June 2025, non-destructive testing equipment accounted for 16.40% of industry revenue, packaging machines for 7.52%, and steel machines for 76.11%. Domestic revenue accounted for 95.33% of revenue, with export sales accounting for 4.67% as of June 2025. Within the Indian market, the company serves SPEMS (Special Purpose equipment and Machines) manufacturers. It has also established its reach in foreign countries, including China, Italy, South Korea, Dubai, and Russia, among others. Its order book stands at ₹44.22 crores, as on the date of filing of RHP.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed23 Dec 2025Bidding starts for all investor categories
IPO Closes
Completed26 Dec 2025Last day to place your bid
Basis of Allotment
Completed29 Dec 2025Share allotment finalised
Refund Initiation
Completed30 Dec 2025Refunds credited for non-allottees
Credit to Demat
Completed30 Dec 2025Allotted shares credited to demat account
Listing on Exchange
Completed31 Dec 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 600 | ₹143,400 | 1 | ₹143,400 | 1 lot only |
| HNI | 2 | 1200 | ₹286,800 | 2 | ₹286,800 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 901,288 | 21 | 0 | 0.00x | 100% |
| NII | 15% | 270,386 | 6.3 | 0 | 0.00x | 100% |
| Retail | 35% | 630,901 | 14.7 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
