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Admach Systems IPO
3.65xsubscribed

Admach Systems IPO

Engineering
listed
₹2.72LMin. investment

Admach Systems Limited IPO Details

SectorEngineering
Price range₹227 – ₹239
IPO type
SME
Lot size600 shares
Issue size₹42Cr
Red Herring Prospectus
Read
Market cap
₹161.87CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹53.35CrLower than sector avg
Growth rate3Y CAGR
102%Higher than sector avg

Admach Systems IPO Subscription Status

Date
QIB
NII
Retail
Total
23-Dec-25
0.0 times (X)
0.05 times (X)
0.07 times (X)
0.04 times (X)
24-Dec-25
0.16X
1.59X
0.9X
1.12X
25-Dec-25
0.16X
1.59X
0.9X
1.12X
26-Dec-25
0.19X
7.27X
3.76X
3.65X

As on 23-Dec-25, 5:30 PM

Admach Systems IPO Timeline

  1. Pre-apply
    22 Dec 2025
  2. Bid start
    23 Dec 2025
  3. Bid end
    26 Dec 2025
  4. Allotment
    29 Dec 2025
  5. Release of funds
    30 Dec 2025
  6. Demat transfer
    30 Dec 2025
  7. Listing
    31 Dec 2025

About Admach Systems Limited

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.

Checklist

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Objectives of Admach Systems Limited IPO

Capital expenditure
38.66%
The company will utilise ₹16.47 crore to purchase new machinery and installation costs.
Working capital
36.38%
The company will utilise ₹15.50 crore towards funding the working capital requirements
General corporate purposes
24.96%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹53.35Cr102%₹6.09Cr₹161.87Cr19.010.48
This sector (avg.)₹342.41Cr0.01%₹38.53Cr₹1,862.48Cr31.540.53
₹10,670.1Cr---₹1,263.5Cr₹39,460.23Cr31.400.10
₹2,217.81Cr---₹423.66Cr₹10,977.95Cr26.730
₹3,087.59Cr---₹471.9Cr₹9,693.55Cr18.040.01

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Admach Systems IPO Contact Details

Company NameAdmach Systems Limited

How to apply for Admach Systems IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Admach Systems Limited IPO FAQs