Admach Systems Ltd. has opened its Initial Public Offering (IPO) on the BSE SME platform. The public issue is being offered through the book-building route and follows the timelines and structure disclosed in the company’s offer documents.
Admach Systems Ltd. is engaged in the design, manufacturing, and supply of customised industrial machinery and automation solutions. The company provides special-purpose machines, automation systems, assembly lines, packaging machinery, and robotic material-handling solutions.
Its solutions are supplied to clients across engineering-led industries such as automobile, steel, tooling, and other industrial manufacturing segments. The company undertakes design, fabrication, testing, installation, and commissioning of systems as per customer specifications, as outlined in its Red Herring Prospectus.
The Admach Systems Ltd. IPO subscription status reflects bids received across investor categories during the public issue period. The IPO opened for subscription on 23rd December 2025 and is scheduled to close on 26 December 2025.
The issue is being offered at a price band of ₹227–₹239 per equity share.
Subscription data is released by the stock exchange at periodic intervals during the bidding window.
Based on exchange data available, the IPO recorded an overall subscription of 0.03× by the end of Day 1. Within this, Retail Investors (RII) subscribed 0.05×, Non-Institutional Investors (NII) subscribed 0.01×, while Qualified Institutional Buyers (QIB) stood at 0.00×.
| Investor Category | Subscription Status (As of 4:00 PM on Day 1) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.00× |
Retail Individual Investors (RII) |
0.01× |
Non-Institutional Investors (NII) |
0.05× |
Total |
0.03× |
The Admach Systems IPO subscription on Day 1 remained subdued across all categories, with retail showing interest and QIB and NII at near-zero levels post-market close.
On the second day of bidding, Admach Systems Ltd. IPO was subscribed 0.91× overall. The IPO saw limited interest, with the majority of subscriptions coming from Non-Institutional Investors (NII). Retail Individual Investors (RII) and Qualified Institutional Buyers (QIB) showed minimal participation.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
1.44× |
Retail Individual Investors (RII) |
0.54× |
Non-Institutional Investors (NII) |
1.04× |
Total |
0.91× |
The Admach Systems Ltd. IPO is experiencing weak demand, particularly from QIBs and RIIs, which could impact its performance in the coming days. NII participation remains low but is a contributing factor to the overall subscription numbers.
The price band and lot structure for the Admach Systems Ltd. IPO are as follows:
Price Band: ₹227 – ₹239 per equity share
Face Value: ₹10 per equity share
Lot Size: 600 equity shares per lot
Based on the upper end of the price band:
Minimum Application Size: 1,200 shares (2 lots)
Minimum Investment Value: ₹2,86,800 (1,200 shares × ₹239)
For detailed issue information and official disclosures, refer to the Admach Systems Ltd. IPO section on Bajaj Markets.
The key milestones for the Admach Systems Ltd. IPO are outlined below, subject to revisions based on official announcements.
| Event | Date | Description |
|---|---|---|
IPO Opening Date |
23rd December 2025 |
Public subscription begins |
IPO Closing Date |
26th December 2025 |
Subscription window ends |
Basis of Allotment Finalisation |
29th December 2025 (Tentative) |
Registrar finalises allotment |
Refunds Initiation / Shares Credited to Demat |
30th December 2025 (Tentative) |
Funds refunded or shares credited |
Listing Date (Tentative) |
31st December 2025 |
Shares proposed to list on BSE SME |
Applications for the IPO can be submitted using ASBA or UPI through authorised bank and broker/trading platforms.
To apply via ASBA, follow the steps below:
Step 1: Ensure you have a Demat account and a bank account linked to a Self Certified Syndicate Bank (SCSB)
Step 2: Log in to your net banking portal
Step 3: Navigate to the IPO / ASBA section
Step 4: Select Admach Systems Ltd. IPO. Enter your bid details (lot size, number of lots) and Demat account information
Step 5: Confirm your application. The amount gets blocked (not debited) until allotment
Step 6: If shares are allotted, your account is debited; otherwise, blocked funds are released back
If you prefer applying through a broker or trading app, follow these steps:
Step 1: Log in to your broker/trading app
Step 2: Go to the IPO or ‘Bids’ section. Select Admach Systems Ltd. IPO
Step 3: Enter the lot quantity and your UPI ID. Ensure the quantity is a multiple of 600 shares
Step 4: Submit your bid. A mandate request will pop up in your UPI app. Approve it
Step 5: The application money will be blocked via UPI. It will be debited only if shares are allotted; otherwise, the block is released after the issue closes
Both methods are accepted under current regulations.
Check other Upcoming IPOs here: Upcoming IPO
The information provided above is based on publicly available disclosures, exchange data, and offer documents related to the Admach Systems Ltd. IPO. Subscription figures are subject to change during the bidding period and are updated based on official exchange releases.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner