Shares of Apollo Micro Systems, a prominent player in the defence sector, witnessed a notable uptick in Friday's trading session. The small-cap stock gained nearly 2.5% after the company announced it had secured crucial trading approvals from both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for a recent preferential share allotment.
Exchange Approval and Share Listing Details
The company, in a filing to the exchanges, confirmed it has received the green light for trading in 1,21,47,964 equity shares of ₹1 each. These shares were issued and allotted on a preferential basis to both promoters and non-promoters of Apollo Micro Systems.
Following this approval, the equity shares have been officially listed and admitted for trading with effect from January 9, 2026. On the exchanges, these shares are traded under the symbol "APOLLO." The distinctive numbers for this preferential allotment batch range from 342,243,737 to 354,391,700.
Lock-in Periods and Regulatory Compliance
In compliance with the regulations set by the Securities and Exchange Board of India (SEBI) for preferential issues, a significant portion of the allotted shares is subject to lock-in requirements. This means these shares cannot be sold in the open market for a specified period.
Out of the total allotment, a substantial 1,06,86,200 equity shares are locked in until July 9, 2027. The remaining 14,61,764 equity shares will be under lock-in until July 9, 2026. This structure is designed to align the interests of the allottees with the long-term growth of the company.
Robust Financial Performance and Stock Trajectory
The approval news comes on the back of a stellar financial performance by the company. For the second quarter of the financial year 2025-26 (Q2 FY26), Apollo Micro Systems reported a staggering 98.15% surge in consolidated net profit, which stood at ₹31.11 crore compared to ₹15.7 crore in the same quarter last year.
The company's revenue also saw impressive growth, climbing 40.2% year-on-year to ₹225.3 crore. This strong top-line performance was driven by robust execution of its order book and the successful ramp-up of several high-value systems into production. Operational metrics were equally strong, with EBITDA jumping 82.7% to ₹59.59 crore and margins expanding to 26.45%.
The stock has proven to be a remarkable multibagger for long-term investors. Despite market volatility, Apollo Micro Systems shares have gained about 5.27% in one month and 34% over the last six months. Most impressively, the share price has soared over 1,845% in the past five years, massively multiplying investor wealth. The stock hit its 52-week high of ₹354.65 on September 17, 2025, and a 52-week low of ₹101.05 on April 7, 2025.
In Friday's session, the defence stock opened in negative territory but quickly pared its early losses. It managed to touch an intraday high of ₹259 per share, reflecting positive market sentiment following the exchange approval announcement.
