About Admach Systems IPO

The offer consists of a fresh issue component. The fresh issue will include 17,82,600 shares (aggregating up to ₹42.60 crores). The total number of shares and aggregate amount is 17,82,600 shares (aggregating up to ₹42.60 crores).

Admach Systems price band is set at ₹227 to ₹239 per share. The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹2,86,800.00 (1,200 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (1,800 shares), amounting to ₹4,30,200.

The Admach Systems IPO opens on Tuesday, Dec 23, 2025 and closes on Friday, Dec 26, 2025. The allotment of shares will take place on Monday, Dec 29, 2025. The credit of shares to the demat account will take place on Tuesday, Dec 30, 2025. The initiation of refunds will take place on Tuesday, Dec 30, 2025. The listing of shares will take place on Wednesday, Dec 31, 2025.

Admach Systems specialise in designing and manufacturing customised machines for the Indian and global engineering sectors, primarily serving the steel, automobile, food, tooling and other engineering industries. Their expertise spans special purpose machines, automation, assembly systems, packaging solutions, product design, and robotic material handling.

Objectives of Admach Systems

• Funding of the capital expenditure requirements of the company towards the purchase of new machinery and its installation costs.
• Funding of the working capital requirements of the company.
• General corporate purposes.

Industry Outlook

India’s engineering sector stands as the backbone of its industrial prowess, playing a critical role across industries such as construction, infrastructure, consumer goods, and manufacturing. Accounting for 27% of India's total factories and representing 63% of overall foreign collaborations, the sector forms a vital part of the country's economic framework.

Driven by capacity expansion in industries like infrastructure, electricity, mining, oil and gas, and automobiles, the demand for engineering services continues to surge. India's competitive advantages— cost-effective manufacturing, deep market knowledge, technological expertise, and innovation capabilities—have propelled its engineering sector to remarkable growth in recent years.

Admach Systems Company Information

Admach Systems design and build machines for the Indian and global engineering industry. They offer customised solutions tailored to meet the unique needs of various industries, primarily the steel industry, automobile industry, food industry, tooling industry, and other engineering industries.

Their areas of specialisation are special purpose machines, automation, assembly machines, packaging machines, product design, and robotic material handling systems. They manufacture, export, and supply a range of customised special purpose machines. Additionally, they provide comprehensive after-sales support, including maintenance, repair, and technical services, to ensure their products perform optimally throughout their lifecycle.

Strengths of Admach Systems

• Experienced promoters supported by a management and execution team.
• Diversified customer base.
• Multi-level quality checks.

Risks of Admach Systems

• Any downturn in the performance of the steel and non-destructive testing equipment industry.
• Any adverse developments affecting their operations in the region of Maharashtra.
• Any loss of business from one or more of their top ten customers.
• Any slowdown or interruption to their manufacturing operations.
• Competition from organised and unorganised players.

*Source: www.nseindia.com, www.bseindia.com Notes: (1) The figures for Admach Systems are based on Restated Financial Statements for the year ended March 31, 2025. (2) The figures for the Peer Group are based on the Standalone Financial Statements filed for the financial year ended March 31, 2025. (3) P/E Ratio has been computed based on their respective closing market price on 22nd November , 2025 as divided by the Basic EPS as on March 31, 2025. (4) CMP is the closing prices or the last traded price of respective scripts as 22nd November,2025. (5) The Price Band determined by Admach Systems in consultation with the Book Running Lead Manager is justified by Admach Systems in consultation with the Book Running Lead Manager on the basis of the above parameters.

Anchor Investor Bidding Date: Monday, December 22, 2025

The company in consultation with the BRLM, may consider participation by Anchor Investors, in accordance with the SEBI ICDR Regulations. The Anchor Investor Bidding Date shall be one Working Day prior to the Bid/Issue Opening Date.

Registrar: Maashitla Securities Private Limited Book Running Lead Managers: Aftertrade Broking Private Limited

Admach Systems Business Model

The company earns its revenue through the following: Designing and building machines for the Indian and global engineering industry. They offer customised solutions tailored to meet the unique needs of various industries, primarily the steel industry, automobile industry, food industry, tooling industry, and other engineering industries.

Admach Systems Growth Trajectory

(Restated Data)

The total income of Admach Systems for the financial year 2024-25 stood at ₹53.52 crores, whereas in the financial year 2023-24 the same stood at ₹19.80 crores, representing an increase of 170.30%.

Their profit after tax for the year 2024-25 increased by 82.14% from a net profit of ₹3.35 crores in the financial year 2023-24 to a net profit of ₹6.10 crores in the financial year 2024-25.

Their EBITDA increased from ₹6.29 crores in the financial year 2023-24 to ₹10.31 crores in the financial year 2024-25.

Company Market Position

Admach Systems have successfully expanded their global presence, exporting to several countries, including China, Italy, South Korea, Dubai, and Russia.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹53.516 crores, ₹6.098 crores, and ₹10.309 crores, respectively.

How to apply for Admach Systems IPO?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.