Apollo Techno Industries IPO Receives Exceptional Response, Subscribed 50.63x on Day 3

Apollo Techno Industries Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third day of subscription. The stock price band is set at ₹123-130 per share. The ₹47.96 crore IPO reached 50.63 times by 5:14:35 PM on day three. This indicates exceptional investor interest in this company specializing in trenchless technology and foundation equipment for the construction industry, offering products like horizontal directional drilling rigs, diaphragm drilling rigs, rotary drilling rigs, and spare parts, incorporated in 2016.

Apollo Techno Industries IPO subscription reached exceptional 50.63 times on day three. It was led by Non-Institutional Investors (98.00x), Individual Investors (44.81x), and Qualified Institutional Buyers Ex-Anchor (25.26x). Total applications reached 36,288.

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Subscription Status of Apollo Techno Industries IPO:

Here are the subscription details for Apollo Techno Industries IPO as of Day 3 (December 26, 2025, 5:14:35 PM):

Key Highlights - Day 3:

• Overall subscription reached exceptional 50.63 times, showing extraordinary improvement from day two's 6.49 times
• Individual investors showing exceptional confidence at 44.81 times, building substantially from day two's 6.93 times, indicating very strong retail demand for this SME IPO
• Qualified institutional buyers (ex-anchor) displaying exceptional performance at 25.26 times, building dramatically from day two's 1.66 times, indicating very strong institutional appetite
• Total applications reached 36,288, showing strong investor participation for this SME IPO
• Cumulative bid amount reached ₹1,615.29 crores, significantly exceeding the net offer size of ₹45.55 crores (excluding anchor and market maker portions) by over 35 times
• Anchor investors fully subscribed their allocation of ₹13.65 crores on December 22, 2025
• Market makers fully subscribed their allocation of ₹2.41 crores

Key Highlights - Day 2:

• Overall subscription reached strong 6.49 times, showing modest improvement from day one's 4.93 times
• Non-institutional investors displaying exceptional performance at 11.91 times, marginally improving from day one's 10.45 times
• Individual investors showing strong confidence at 6.93 times, building substantially from day one's 4.49 times
• Qualified institutional buyers displaying moderate performance at 1.66 times, marginally improving from day one's 1.55 times

Key Highlights - Day 1:

• Overall subscription reached strong 4.93 times, showing healthy initial investor interest
• Non-institutional investors displaying exceptional performance at 10.45 times, indicating strong HNI appetite
• Individual investors showing strong confidence at 4.49 times, indicating strong retail interest
• Qualified institutional buyers displaying moderate performance at 1.55 times, indicating measured institutional interest

About Apollo Techno Industries Limited

Incorporated in 2016, Apollo Techno Industries Limited is a company that operates in the manufacturing and technology sectors. The company specializes in trenchless technology and foundation equipment for the construction industry, offering products like horizontal directional drilling rigs, diaphragm drilling rigs, rotary drilling rigs, and spare parts. The company, with in-house design and engineering, offers quality products, refurbishment services, and sustainable solutions.