Admach Systems
Book Building issueSMEBSE₹42.60 Cr issue
-20.00%
Listing gain over issue price
Issue size
₹42.60 Cr
1 lot at cut-off
₹1,43,400
Lot size
600shares
Open
23 Dec 2025
Close
26 Dec 2025
Allotment
29 Dec 2025
Listing
31 Dec 2025
Listing performance
Issue price
₹239
Listed at
₹191.20
Listing-day close
₹200.75
Latest price
₹438
Close on 04 Nov 2026
Listing gain
-20.00%
Return since issue
+83.26%
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 23 Dec 2025 – 26 Dec 2025
- Listing date
- 31 Dec 2025
- Face value
- ₹1 per share
- Issue price
- ₹239 per share
- Lot size
- 600 shares
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹42.60 Cr
- Market cap at offer price
- ₹162 Cr
- Promoter holding
- 71.87% → 52.95% pre-issue → post-issue
- ISIN
- INE0XLO01010
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead managers
- Aftertrade Broking Pvt.Ltd.
- Registered office
- Survey No 122, Village Nandoshi, Off Pune Sinhagad Road, Khadakwasla R.S., Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 2,10,600 | — | — |
| Market maker | 89,400 | — | — |
Application size
Minimum 600 shares per lot, in multiples, at ₹239
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,43,400 |
| S-HNI (min) | 2 | 1,200 | ₹2,86,800 |
| S-HNI (max) | 6 | 3,600 | ₹8,60,400 |
| B-HNI (min) | 7 | 4,200 | ₹10,03,800 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Shares allocated
2,10,600
Anchor portion
₹5.03 Cr
at ₹239 per share
Valuation and performance
Valuation at offer price
₹239 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 12.22 | 17.82 |
| P/E (×) | 19.56 | 13.41 |
| Price to book (×) | 5.41 | — |
| Market cap | — | ₹162 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 27.69%
- ROCE
- 44.00%
- Debt / equity
- 0.48
- PAT margin
- 11.43%
- EBITDA margin
- 19.32%
- NAV per share
- ₹44.14
- Price to book
- 5.41
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
Offer documents
Admach Systems IPO FAQs
What is the lot size of Admach Systems IPO?
The minimum lot size of Admach Systems IPO is 600 shares. One lot costs ₹1,43,400 at the cut-off price.
When does Admach Systems IPO open and close?
Admach Systems IPO opened for subscription on 23 Dec 2025 and closed on 26 Dec 2025.
What is the listing date of Admach Systems IPO?
Admach Systems IPO listed on 31 Dec 2025.