Admach Systems IPO: GMP Today, Price Band, Review & Subscription Status
26 December 2025 ·
A detailed analysis of Admach Systems Ltd IPO covering business model, financial growth, GMP trends, and investment outlook

Introduction to Admach Systems IPO
Admach Systems IPO is a BSE SME issue that has attracted investor interest due to the company’s strong revenue growth, full capacity utilization, and presence in the industrial automation and special purpose machinery segment. The company serves critical industries such as steel, automobile, food processing, and engineering, making it a key enabler in India’s manufacturing ecosystem.
With increasing focus on automation, precision engineering, and efficiency improvements in industrial production, companies like Admach Systems Limited stand to benefit from long-term structural demand. This article provides a comprehensive overview of Admach Systems IPO details, including GMP today, subscription status, financials, and a detailed IPO review to help investors evaluate the opportunity.
Admach Systems IPO Key Details
| Parameter | Details |
|---|---|
| IPO Opening Date | 23 December 2025 |
| IPO Closing Date | 26 December 2025 |
| Issue Type | Bookbuilding IPO |
| Listing Platform | BSE SME |
| Face Value | ₹10 per share |
| Price Band | ₹227 to ₹239 per share |
| Total Issue Size | ₹42.60 crore |
| Fresh Issue Size | 17,82,600 shares |
| Net Offer to Public | 16,93,200 shares |
Admach Systems IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | Tuesday, 23 December 2025 |
| IPO Closes | Friday, 26 December 2025 |
| Allotment Finalisation | Monday, 29 December 2025 |
| Refund Initiation | Tuesday, 30 December 2025 |
| Credit of Shares | Tuesday, 30 December 2025 |
| Listing Date | Wednesday, 31 December 2025 |
Admach Systems IPO Lot Size
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Minimum) | 2 | 1,200 | 2,86,800 |
| Retail (Maximum) | 2 | 1,200 | 2,86,800 |
| S-HNI (Minimum) | 3 | 1,800 | 4,30,200 |
| S-HNI (Maximum) | 6 | 3,600 | 8,60,400 |
| B-HNI (Minimum) | 7 | 4,200 | 10,03,800 |
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. The company caters to both Indian and international clients across various engineering-driven industries.
The company operates from Pune, Maharashtra, where it has its office and manufacturing facility. Admach Systems has achieved a production capacity of 100 units per year and reported 100% capacity utilization in FY 2024–25, highlighting strong demand for its solutions.
Products and Business Operations
Admach Systems offers a diversified range of high-precision engineering and automation solutions.
Black Bar Solutions: Systems for handling and transporting raw iron black bars efficiently.
Bar Chamfering Machines: Machines used to smooth steel bar edges, reducing equipment wear and safety risks.
Bar Straightener Machines: Designed to correct straightness issues after hot rolling.
Bright Bar Solutions: Peeled and defect-tested bars using ultrasonic testing and precision packaging.
Grinding Solutions: One-pass or two-pass grinding solutions to ensure accurate size and surface finish.
Super Finishing Solutions: Advanced belt polishing techniques for high-quality surface finishes.
These solutions support productivity, quality improvement, and automation across industrial processes.
Industry Overview and Growth Outlook
India’s manufacturing sector is undergoing a structural transformation driven by automation, Industry 4.0 adoption, and export-led growth. Demand for customized machinery and automation solutions is rising as industries aim to improve efficiency, reduce costs, and meet global quality standards.
Companies operating in special purpose machinery and automation, such as Admach Systems, are well-positioned to benefit from this trend, especially as capital expenditure in manufacturing increases.
Competitive Strengths of Admach Systems
Admach Systems has developed several competitive advantages over the years:
Experienced promoters with deep engineering expertise
Diversified customer base across multiple industries
Focus on quality control and customized solutions
Proven execution capabilities with full capacity utilization
Strong operational track record and repeat business
These strengths support scalability and long-term sustainability.
Objects of the Issue
As the IPO is entirely a fresh issue, the proceeds are expected to be utilized for:
Funding working capital requirements
Capital expenditure for business expansion
Strengthening manufacturing and automation capabilities
General corporate purposes
The objectives align with the company’s growth and capacity expansion strategy.
Admach Systems Financials (₹ Crore)
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Total Income | 23.06 | 53.52 | 19.80 | 13.18 |
| Profit After Tax | 3.02 | 6.10 | 3.35 | 0.10 |
| EBITDA | 4.49 | 10.31 | 6.29 | 1.00 |
| Net Worth | 25.04 | 22.03 | 5.73 | 2.38 |
| Total Borrowing | 10.15 | 10.66 | 15.59 | 8.45 |
Admach Systems IPO GMP Today
Admach Systems IPO GMP today reflects grey market sentiment ahead of listing. GMP trends change frequently based on demand, broader market conditions, and subscription data.
Investors should treat GMP as an informal indicator and not rely solely on it for investment decisions.
Admach Systems IPO Subscription Status
Admach Systems IPO subscription status will be updated daily during the bidding period. Subscription levels across retail and HNI categories provide insight into investor demand and market confidence.
High subscription levels generally indicate positive sentiment, but they do not guarantee listing gains.
Admach Systems IPO Review
From a fundamental perspective, Admach Systems IPO offers exposure to a growing automation and special purpose machinery player with strong recent financial performance.
Positives include full capacity utilization, diversified industry exposure, and improving balance sheet strength. However, SME liquidity risks and dependence on industrial capex cycles should be considered.
Key Risks to Consider
SME stocks may have limited post-listing liquidity
Business depends on capital expenditure cycles in manufacturing
Client concentration risks in specific industries
Working capital-intensive operations
Understanding these risks is essential before investing.
Should You Invest in Admach Systems IPO
Admach Systems IPO may be suitable for investors with a higher risk appetite who are comfortable with SME IPOs and medium- to long-term investment horizons. Short-term investors should closely track GMP trends and subscription data.
Long-term investors should focus on execution consistency, order inflow visibility, and capacity expansion.
Frequently Asked Questions (FAQs)
What is the price band of Admach Systems IPO?
The price band is ₹227 to ₹239 per share.
Where will Admach Systems IPO be listed?
The IPO will be listed on BSE SME.
Is Admach Systems IPO a fresh issue?
Yes, the IPO is entirely a fresh issue.
What is the minimum investment for retail investors?
The minimum investment is ₹2,86,800 at the upper price band.
Conclusion
Admach Systems IPO provides investors with an opportunity to participate in a growing automation and engineering solutions company with strong recent financial growth and full capacity utilization. While the business fundamentals appear solid, investors must weigh SME-specific risks and liquidity considerations.
As always, investment decisions should align with individual risk tolerance and financial goals. Ultra aims to deliver clear, structured, and unbiased IPO insights to support informed decision-making.