The much-awaited share allotment for the Admach Systems initial public offering (IPO) is set to be finalized today, December 29, 2025. Investors who applied for the ₹42.60 crore SME IPO can now check if they have been allocated shares. The process marks a key step before the stock's anticipated debut on the bourses.
How to Check Your Allotment Status
Successful and unsuccessful applicants have two primary portals to verify their allotment outcome. The official registrar for the issue, Maashitla Securities Private Limited, has a dedicated webpage for this purpose. Alternatively, investors can use the Bombay Stock Exchange (BSE) website.
To check on the registrar's site, visit the Maashitla website and navigate to the 'Check Application Status' page. From the drop-down menu, select 'Admach Systems' and enter your PAN, demat account number, or application number before submitting.
On the BSE platform, go to the investor allotment page, select 'Equity' under Issue Type, choose 'Admach Systems' from the Issue Name list, and input your PAN or application number. After completing the captcha, your status will be displayed.
Strong Investor Demand and Refund Timeline
The public offering, which was open for subscription from December 23 to December 26, witnessed a robust response. Overall, the IPO was subscribed 4.13 times, indicating healthy demand. A closer look reveals that the Non-Institutional Investor (NII) segment led the charge with a hefty 7.40 times oversubscription.
The Retail Individual Investor (RII) portion was oversubscribed 3.77 times, while Qualified Institutional Buyers (QIBs) booked 1.55 times the shares reserved for them. Due to the high retail oversubscription, shares for RIIs will be allocated on a proportional or lottery basis.
Investors who do not receive an allotment will see their refunds initiated from December 30, 2025. On the same day, the shares allotted to successful bidders will be credited directly to their demat accounts.
Listing Details and Company Profile
The tentative date for the listing of Admach Systems shares on the BSE SME platform is December 31, 2025. The IPO had a price band of ₹227 to ₹239 per equity share. The net proceeds from the fresh issue are earmarked to meet working capital requirements and for general corporate purposes.
As of today, the unofficial grey market premium (GMP) for the IPO is ₹6 per share. This suggests a potential listing price of around ₹245, based on the upper price band, reflecting a modest premium of approximately 2.5%. It is crucial for investors to remember that GMP is an unofficial indicator and can be volatile.
Admach Systems is engaged in the business of designing, manufacturing, exporting, and supplying customized special-purpose machines and automation systems. Its clientele spans critical sectors like steel, automobile, food processing, tooling, and various other engineering industries both in India and globally.