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Invest in Apollo Micro Systems Ltd. IPO Rs 156-cr IPO opens today. Should you subscribe to the issue?

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IPO or an Initial Public Offering is the first sale of a company’s equity to the public. Invest in Apollo Micro Systems Ltd. IPO Rs 156-cr IPO opens today

Issue Open:
10th January, 2018 Wednesday

Issue Close:
12th January, 2018 Friday

Price Band:
Rs.270/- to Rs.275/-

Minimum Bid Size:
50 Equity Shares and Multiple Thereof

Issue Size:
Fresh Issue of Equity Shares aggregating up to Rs.156 Cr (Employee Reservation – 20,000 Equity Shares). Retail & Employee Discount of Rs. 12/- per Equity Share.

 

Apollo Micro Systems Limited

Incorporated on March 3, 1997 Apollo Micro Systems Limited is an Electronic, Electro-Mechanical, Engineering Designs, Manufacturing and Supplies company. The company Design, Develop and Sell High-performance, Mission and Time Critical Solutions to Defence, Space and Home Land Security for Ministry of Defence, government controlled public sector undertakings and private sectors.

Company’s customized solutions are developed using common hardware and software technology IP’s which can be re-configured to suit the end application and domain requirements of end customer. The company offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers.

Source : Axis Direct

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