Apollo Techno Industries IPO 2025 – Complete IPO Review, Financials, Dates, Strengths, Risks & FAQs

- December 22, 2025

Apollo Techno Industries IPO 2025,

Apollo Techno IPO Overview

Apollo Techno Industries Limited has announced its SME Initial Public Offering (IPO), aiming to raise funds for business expansion and working capital requirements. The company operates in the construction equipment manufacturing sector, with a strong focus on trenchless technology and foundation equipment.

The Apollo Techno IPO is expected to attract investor interest due to its strong profit growth, in-house engineering capabilities, and presence across multiple Indian states, while also carrying SME-specific risks.

This article provides a complete and detailed analysis of Apollo Techno Industries IPO, including company profile, IPO details, financial performance, strengths, risks, application details, FAQs, and disclaimer.

Apollo Techno IPO Key Details

Particulars	Details
IPO Name	Apollo Techno Industries Ltd IPO
IPO Type	SME IPO
Exchange	BSE SME
Issue Size	₹47.96 Crore
Price Band	₹123 – ₹130 per share
Lot Size	1,000 shares
Minimum Investment	₹2,46,000
Issue Opens	23 December 2025
Issue Closes	26 December 2025
Tentative Allotment Date	29 December 2025
Tentative Listing Date	31 December 2025
Face Value	₹10 per share
Registrar	To be announced

About Apollo Techno Industries Limited

Apollo Techno Industries Limited is a construction equipment manufacturer specializing in trenchless technology and foundation equipment used in infrastructure development projects. The company caters to the growing demand for non-disruptive underground construction solutions.

Key Business Areas

Trenchless drilling machines
Foundation equipment
Horizontal directional drilling (HDD) machines
Customized construction machinery

Company Details

Founded: 2016
Managing Director & CEO: Mr. Parth Rashmikant Patel
Parent Organization: Apollo Techno Industries Ltd

Manufacturing Facilities & Operations

Apollo Techno has a pan-India operational footprint, with factory and service presence in:

Mehsana, Gujarat
Bhopal, Madhya Pradesh
Chennai, Tamil Nadu
Kolkata, West Bengal
Ghaziabad, Uttar Pradesh

The company claims this multi-location presence helps it serve customers efficiently across different regions of India.

Apollo Techno IPO – Strengths

✅ ISO Certified Operations

The company is ISO 9001:2015 certified, reflecting adherence to quality management standards.

✅ In-House Engineering & Design

Strong in-house R&D and engineering capabilities support continuous product innovation.

✅ Product Innovation Track Record

Apollo HDD 80 HDD machine launched in 2017
Apollo 1200 HDD machine launched in 2019
Diaphragm Wall Drilling Rig introduced in 2023

✅ Customer-Centric Approach

Focus on customized solutions and after-sales support across multiple Indian states.

✅ Consistent Profit Growth

The company has reported a strong increase in profit after tax over the last three financial years.

Apollo Techno Financial Performance

(All figures are in ₹ Crore and based on IPO disclosures)

Revenue from Operations

FY 2023: ₹71.77 Cr
FY 2024: ₹69.81 Cr
FY 2025: ₹88.14 Cr

Profit After Tax (PAT)

FY 2023: ₹0.90 Cr
FY 2024: ₹3.23 Cr
FY 2025: ₹13.79 Cr

Financial Highlights

Significant jump in profitability in FY25
Improved operational efficiency
Strong leverage from infrastructure demand

Risks Associated with Apollo Techno IPO

⚠️ Geographical Revenue Concentration

A large portion of revenue comes from Gujarat and Haryana. Any regional slowdown could impact financials.

⚠️ Customer Concentration Risk

Top customers contribute a significant share of total revenue. Loss of major clients may affect earnings.

⚠️ Working Capital Intensive Business

Construction equipment manufacturing requires high working capital, impacting cash flows.

⚠️ Raw Material Price Volatility

Steel and imported components account for a major share of costs. Price fluctuations may affect margins.

⚠️ Negative Operating Cash Flow (Past)

The company reported negative cash flow from operations in FY23, indicating reliance on external funding.

⚠️ Outstanding Borrowings

As of June 30, 2025, the company had outstanding financial indebtedness. Failure to service debt may affect operations.

⚠️ SME IPO Risks

Lower liquidity, higher volatility, and limited public information compared to mainboard IPOs.

Who Should Invest in Apollo Techno IPO?

✔ Investors with high risk appetite
✔ Long-term investors looking at infrastructure growth
✔ Investors familiar with SME IPO dynamics

❌ Not suitable for conservative investors seeking stable returns

Apollo Techno IPO Application Details

Category	Details
Investor Type	Individual / Retail
Lot Size	1,000 shares
Minimum Lots	1
Investment Amount	₹2.46 – ₹2.60 Lakhs (approx)

Investors can apply via UPI through stockbroker platforms.

Top Apollo Techno IPO FAQs

Q1. What is the issue size of Apollo Techno IPO?

The IPO issue size is ₹47.96 crore.

Q2. What is the price band of Apollo Techno IPO?

The price band is ₹123 to ₹130 per share.

Q3. What is the lot size of Apollo Techno IPO?

The lot size is 1,000 shares.

Q4. When will Apollo Techno IPO open and close?

The IPO opens on 23 December 2025 and closes on 26 December 2025.

Q5. When is the allotment date of Apollo Techno IPO?

Tentative allotment date is 29 December 2025.

Q6. Where will Apollo Techno IPO be listed?

The shares will be listed on BSE SME.

Q7. Who is the registrar of Apollo Techno IPO?

The registrar is yet to be announced.

Apollo Techno IPO – Final Verdict

Apollo Techno Industries IPO offers exposure to India’s growing infrastructure and trenchless technology segment, backed by strong profit growth and in-house engineering expertise. However, investors must carefully evaluate working capital risks, customer concentration, and SME market volatility.

This IPO may be suitable for experienced investors with a long-term investment horizon.

Disclaimer

This article is for informational and educational purposes only and does not constitute investment advice. Investors should read the Red Herring Prospectus (RHP) carefully and consult their financial advisor before investing. Stock market investments are subject to market risks, and past performance does not guarantee future returns.