Incorporated in 1997, Apollo Micro Systems Limited is Hyderabad based company engaged in the business of electronic, electro-mechanical, engineering designs, manufacturing and supply. Company design, develop and sell high-performance, mission and time critical solutions to Defense, Space and Home Land Security for Ministry of Defense, government controlled public sector undertakings and private sectors.
Apollo Micro Systems Limited business lines:
- Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defense and space customers.
- Company has participated in several Indigenous Missile programs, underwater electronic warfare, underwater missiles, surface to air missiles, nuclear missile programs, surface to surface missile programs, indigenous submarine programs UAV’s long and short endurance, ships, space programs.
- Company's manufacturing facility is located at Hyderabad.
Company Strengths:
- . Company has participated in several Indigenous Missile programs, underwater electronic warfare, underwater missiles, surface to air missiles, nuclear missile programs, surface to surface missile programs, indigenous submarine programs UAV’s long and short endurance, ships, space programs.
Company Promoters:
- Mr. Karunakar Reddy Baddam is the promoter of the company.
Issue Detail:
- Issue Open: Jan 10 2018
- Issue Closes on: Jan 12 2018
- Issue Type: Book Built Issue IPO
- Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 156.00 Cr
- Face Value: Rs 10 Per Equity Share
- Issue Price:270 - 275 Per Equity Share
- Market Lot: 50 Shares
- Minimum Order Quantity: 50 Shares
- Listing At: BSE, NSE
Tentative timetable in respect of the Offer:
- Bid/Offer Opens On: Jan 10 2018
- Bid/Offer Closes On: Jan 12 2018
- Finalisation of Basis of Allotment: On or about Jan 17 2018
- Initiation of refunds: On or about Jan 18 2018
- Credit of Equity Shares to demat accounts:On or about Jan 19 2018
- Commencement of trading of the Equity Shares on the Stock Exchanges: On or about Jan 22 2018
