Apollo Techno Industries IPO

Apollo Techno Industries is a manufacturing company that specialises in trenchless technology and foundation equipment for the construction industry. The products offered by the firm are horizontal directional drilling (HDD) rigs, diaphragm drilling rigs, rotary drilling rigs, and spare parts. The HDD rigs supplied by the company are deployed for laying main utilities, including gas, water, sewerage, optical fibre, and electricity cables, whereas the diaphragm and rotary drills are utilised for foundation purposes involving deep basements, metro rail projects, airport projects, skyscrapers, and bridge construction jobs. Apart from these, the company offers warranties, support services, and training to the customers.

As of March 31, 2025, exports to the UAE and the Middle East accounted for 18.45% of the company's total revenue from operations, up from 4.63% in FY23. As of June 2025, Gujarat accounted for 39.05% of domestic revenue, followed by Delhi at 12.70% and Haryana at 12.06%. As of June 2025, 62.69% of revenue came from horizontal directional drilling rigs, 33.33% from diaphragm drilling rigs, and 3.98% from other products.