Admach Systems Limited to Launch IPO for Strategic Expansion

Admach Systems Limited announces its Initial Public Offering (IPO) to raise ₹42.60 Crore, with shares to be listed on the BSE SME Platform. The proceeds from the IPO will fund capital expenditure, working capital, and general corporate purposes, supporting its growth in the engineering industry.


Devdiscourse News Desk | India | Updated: 23-12-2025 15:31 IST | Created: 23-12-2025 15:31 IST
Admach Systems Limited to Launch IPO for Strategic Expansion
  • Country:
  • United States

Admach Systems Limited is set to open its Initial Public Offering (IPO) on December 23, 2025, intending to raise ₹42.60 Crore. The company's shares will be listed on the BSE SME Platform, with a price band of ₹227 - ₹239 per share. The IPO issue size is 17,82,600 equity shares.

The net proceeds from the IPO will be allocated towards capital expenditure for new machinery, working capital requirements, and other corporate purposes. The allocation of equity shares includes anchor portion, qualified institutional buyers, and retail individual investors.

Managing Director Ajay Chamanlal Longani stated that this move is crucial for expanding Admach's operations in custom machinery and automation systems. The engineering industry is seeing a rise in automation demand, and Admach is well-positioned to capitalize on these favorable industry trends.

(With inputs from agencies.)

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