
Industrials · BSE
Incorporated in 2008, Admach Systems Limited is engaged in the design, manufacture, export, and supply of customised special purpose machines and automation systems for the Indian and global engineering industry, catering to sectors such as steel, automobile, food, tooling, and other engineering segments. The company operates from its office and manufacturing facility located at Sanas Nagar Nandoshi, Pune, Maharashtra, and specialises in special purpose machines, robotic material handling systems, automation and assembly machines, packaging machines, and product design. Admach Systems has an annual production capacity of 100 units and achieved 100% capacity utilisation in FY 2024–25, reflecting strong demand and operational efficiency, with a product portfolio that includes black and bright bar solutions, bar chamfering and straightening machines, grinding solutions, and super finishing solutions for high-quality surface finishes.
Price Band
₹227 – ₹239
Issue Size
₹42.60 Cr
Lot Size
600 shares
GMP
+3.8%
Est. Listing
₹248
at current GMP
Subscribed
4.57x
overall
Open
23 Dec 2025
Close
26 Dec 2025
Allotment
29 Dec 2025
Refund
30 Dec 2025
Demat Credit
31 Dec 2025
Listing
31 Dec 2025
Overall Subscription
4.57x
Total Demand
QIB Multiplier
2.31x
Institutions & Funds
NII / HNI
7.63x
High Net-Worth
Retail (RII)
3.77x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 256,200 | 591,000 | 2.31x |
| NIB | 380,400 | 2,901,000 | 7.63x |
| HNIs(10L +) | 253,600 | 2,427,000 | 9.57x |
| HNIs (2-10L) | 126,800 | 474,000 | 3.74x |
| RETAIL | 720,600 | 2,716,800 | 3.77x |
| Total | 1,737,600 | 9,109,800 | 4.57x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 3 | 0.00x |
| NIB | — | 765 | 0.00x |
| RETAIL | 601 | 2,264 | 3.77x |
| HNIs(10L +) | 141 | 505 | 3.58x |
| HNIs (2-10L) | 70 | 260 | 3.71x |
| Total Applications | 812 | 3,797 | 4.68x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Admach Systems Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹42.6 Crores. The shares are offered at a price band of ₹227 to ₹239 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-12-26, the basis of allotment is scheduled to be finalized on 2025-12-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Admach Systems Limited IPO is ₹9 per equity share. Based on the upper price band of ₹227 to ₹239 per equity share, the estimated listing price is ₹248 (+3.8% expected listing gain).
With a lot size of 600 shares and current GMP of ₹9, the expected profit per application lot is approx ₹5,400 (+3.8% gain). Minimum application cost is approx ₹1,43,400.
The Admach Systems Limited IPO aggregate issue size is ₹42.6 Crores with an equity price band set at ₹227 to ₹239 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,43,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.57x (Retail: 3.77x, QIB: 2.31x, NII: 7.63x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-12-29. Investors can verify status using PAN card or application number.
Admach Systems Limited shares are scheduled to list on BSE on 2025-12-31.