Admach Systems IPO Shows Strong Response, Subscribed 4.13x on Day 3

Admach Systems Limited's initial public offering (IPO) has demonstrated strong investor interest through its third day of subscription. The stock price band is set at ₹227-239 per share. The ₹42.60 crore IPO reached 4.13 times by 5:04:33 PM on day three. 

Admach Systems IPO subscription reached strong 4.13 times on day three. It was led by Non-Institutional Investors (7.40x), Individual Investors (3.76x), and Qualified Institutional Buyers Ex-Anchor (1.55x). Total applications reached 3,035.
 

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Subscription Status of Admach Systems IPO:

Here are the subscription details for Admach Systems IPO as of Day 3 (December 26, 2025, 5:04:33 PM):

Key Highlights - Day 3:

• Overall subscription reached strong 4.13 times, showing substantial improvement from day two's 1.22 times
• Non-institutional investors displaying strong interest at 7.40 times, building dramatically from day two's 1.61 times, indicating strong HNI demand for this special purpose machines manufacturer
• Individual investors showing strong confidence at 3.76 times, building substantially from day two's 0.90 times, indicating strong retail demand for this SME IPO
• Qualified institutional buyers (ex-anchor) displaying moderate performance at 1.55 times, marginally improving from day two's 1.44 times, indicating measured institutional interest
• Cumulative bid amount reached ₹146.17 crores, significantly exceeding the net offer size of ₹40.47 crores (excluding anchor and market maker portions) by approximately 3.6 times

Admach Systems IPO - Day 2 Subscription at 1.22 Times

Key Highlights - Day 2:

• Overall subscription reached moderate 1.22 times, showing substantial improvement from day one's 0.05 times
• Non-institutional investors showing moderate performance at 1.61 times, building substantially from day one's 0.05 times
• Qualified institutional buyers displaying moderate performance at 1.44 times, improving substantially from day one's 0.00 times
• Individual investors showing weak confidence at 0.90 times, building substantially from day one's 0.07 times

Admach Systems IPO - Day 1 Subscription at 0.05 Times

Key Highlights - Day 1:

• Overall subscription reached negligible 0.05 times, showing very cautious initial investor interest
• Individual investors displaying negligible confidence at 0.07 times, indicating very weak retail sentiment
• Non-institutional investors showing negligible performance at 0.05 times, indicating virtually no HNI interest
• Qualified institutional buyers showing negligible participation at 0.00 times, indicating no institutional interest

About Admach Systems Limited

Incorporated in 2008, Admach Systems Limited is engaged in designing, manufacturing, exporting, and supplying customised special purpose machines and automation systems for the Indian and global engineering industry. Its offerings primarily cater to the steel, automobile, food, tooling, and other engineering industries. The company specializes in special purpose machines, robotic material handling systems, automation, assembly machines, packaging machines, and product design. It operates at a production capacity of 100 units annually and achieved 100% capacity utilization in FY 2024-25, reflecting consistent growth in demand and efficiency.