What is the price band of the Apollo Micro Systems IPO?

The price band is ₹270–275 per share, and the final issue price is ₹275.

What is the lot size of the Apollo Micro Systems IPO?

One lot is 50 shares, so the minimum retail bid is ₹13,750 at the upper end of the price band.

When is the Apollo Micro Systems IPO listing date?

The shares listed on 22 January 2018.

How many times was the Apollo Micro Systems IPO subscribed?

It was subscribed 249x overall: QIB 102x, NII 958x and retail 40.2x (NSE and BSE together).

Apollo Micro Systems IPO

Apollo Micro Systems Limited (APOLLO) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 22 January 2018.

Listed 22 Jan Subscribed 249x Listing gain +69.1%

Issue details

Price band

₹270–275

Issue price

₹275

Lot size

50 shares

Min. retail bid

₹13,750

Max. retail bid

14 lots (₹1,92,500)

Issue size

₹162 Cr

Face value

₹10

Bidding

10 Jan – 12 Jan 2018

Listing

22 Jan 2018

Retail quota

35%

Registrar

Bigshare Services Private Limited

Discount

Rs. 12 per Equity Share to Retail and Eligible Employees category

Listing day

Listed at

₹465

+69.1% vs issue price ₹275

Day's high

₹480

+74.5% · low ₹442 (+60.6%)

Day's close

₹442

+60.6% · traded ₹47.5 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	11,51,875	11,74,06,000	102x
NII (HNI) total	8,63,800	82,75,79,050	958x
Retail	21,09,280	8,47,66,500	40.2x
Employees	20,000	3,20,700	16.0x
Total	41,44,955	1,03,00,72,250	249x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 7% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Apollo Micro Systems's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
Central Depository Services (India)Jun 2017	149x	563x	23.8x	170x	₹524 Cr	+67.8%	+81.2%
Capacit'e InfraprojectsSep 2017	131x	638x	17.6x	183x	₹408 Cr	+59.6%	+59.6%
Astron Paper & Board MillsDec 2017	103x	397x	77.9x	243x	₹80.0 Cr	+130.0%	+141.5%
Quess CorpJul 2016	59.0x	392x	34.1x	144x	₹411 Cr	+57.7%	+60.7%
MAS Financial ServicesOct 2017	148x	379x	16.0x	128x	₹464 Cr	+43.8%	+48.5%
Advanced Enzyme TechnologiesJul 2016	94.0x	393x	11.7x	116x	₹413 Cr	+35.0%	+38.8%

Lead managers and their listing record

Book running lead manager	Mainboard IPOs since 2019	Avg listing gain	Listed at a premium
Aryaman Financial Services	4	+11.8%	100%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the Apollo Micro Systems IPO price band and lot size? ₹270–275 per share, with a lot of 50 shares, so the smallest retail bid is ₹13,750.

How many times has it been subscribed? 249x overall: QIB 102x, NII 958x, retail 40.2x, employees 16.0x.

How did it list? It opened at ₹465, +69.1% against the issue price of ₹275, and closed its first day +60.6%.

Other IPOs of 2018

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Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.