
Apollo Techno SME IPO Subscription Status
The Apollo Techno SME IPO closed on 26 December 2025 with an overall subscription of 50.71x based on shares applied. QIB demand came in at 25.26x, NII at 98.36x, and retail at 44.81x.
Allotment will be finalised on 29 December 2025. The stock is scheduled to list on NSE and BSE on 31 December 2025.
Issue Price
Rs 130.00
GMP Today
Rs 9.00 (+6.92%)
Overall Subscription
50.71x
Issue Size
₹45.55 Cr
Allotment Date
29 Dec 2025
Listing Date
31 Dec 2025
Apollo Techno SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 130.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 9.10 Cr | Rs 229.83 Cr | 25.26x |
| FII | - | Rs 71.49 Cr | - |
| DFI | - | Rs 3.90 L | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 158.30 Cr | - |
| NII | Rs 6.84 Cr | Rs 672.56 Cr | 98.36x |
| bNII (above Rs 10L) | Rs 4.56 Cr | Rs 526.33 Cr | 115.46x |
| Corporate | - | Rs 18.60 Cr | - |
| Individual | - | Rs 500.76 Cr | - |
| Other | - | Rs 6.97 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.28 Cr | Rs 146.22 Cr | 64.15x |
| Corporate | - | Rs 2.95 Cr | - |
| Individual | - | Rs 139.49 Cr | - |
| Other | - | Rs 3.78 Cr | - |
| IND | Rs 15.96 Cr | Rs 715.31 Cr | 44.81x |
| Fixed price | - | Rs 715.31 Cr | - |
| Total | Rs 31.90 Cr | Rs 1,617.69 Cr | 50.71x |
Apollo Techno SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 700 | 28 | 0.04x |
| FII | - | 7 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | - | - |
| Other | - | 20 | - |
| NII | 175 | 8,632 | 49.33x |
| bNII (above Rs 10L) | 117 | 4,980 | 42.56x |
| Corporate | - | 143 | - |
| Individual | - | 4,770 | - |
| Other | - | 67 | - |
| sNII (Rs 2L to Rs 10L) | 58 | 3,652 | 62.97x |
| Corporate | - | 74 | - |
| Individual | - | 3,490 | - |
| Other | - | 88 | - |
| IND | 614 | 27,512 | 44.81x |
| Fixed price | - | 27,512 | - |
| Total | 1,489 | 36,172 | 24.29x |
What Do These Subscription Numbers Mean?
A subscription of 50.71x means the IPO received bids for 51 times the number of shares available. For every 51 applications, only 1 can receive an allotment.
Here is what each category number tells you:
QIB at 25.26x: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 25.26x, it reflects serious institutional conviction.
NII at 98.36x: NII includes high net worth individuals applying above Rs 2 lakh. At 98.36x, allotment probability for NII applicants is very low. The bNII segment came in at 115.46x and sNII at 64.15x.
Retail at 44.81x: Retail investors applying up to Rs 2 lakh saw 44.81x subscription. Allotment in the retail category is done by lottery when oversubscription exceeds 1x. At 44.81x applications received, roughly 1 in 45 retail applicants can expect an allotment (~2%).
Apollo Techno SME IPO Allotment Chances
Based on the final subscription data, here is a realistic view of allotment probability by category.
Retail Category: Retail subscription came in at 44.81x based on shares applied and 44.81x based on applications. In the retail category, SEBI mandates a minimum of one lot per applicant when possible. Allotment is done by lottery. At 44.81x applications received, approximately 1 in 45 retail applicants can expect an allotment. Applying from multiple accounts does not improve individual chances but increases household probability if each account is eligible.
NII Category: NII allotment is proportional, not by lottery. At 98.36x, an NII applicant applying for the minimum NII lot can expect a very small proportional allotment. Larger NII applications receive proportionally more shares but the effective return per rupee invested is diluted significantly at this oversubscription level.
QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.
Check the Apollo Techno SME IPO Allotment Status page from 29 December 2025 for your allotment result.
Apollo Techno SME IPO GMP After Subscription
GMP for Apollo Techno SME stands at Rs 9.00 today, giving an estimated listing price of Rs 139.00 per share.
A subscription of 50.71x combined with a GMP of 6.92% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Apollo Techno SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Apollo Techno SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Dec 2025 | 1.55x | 10.45x | 4.49x | 4.93x |
| Day 2 - 24 Dec 2025 | 1.66x | 11.91x | 6.93x | 6.49x |
| Day 3 - 25 Dec 2025 | 25.26x | 98.00x | 44.81x | 50.63x |
Apollo Techno SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 December 2025 |
| IPO Close Date | 26 December 2025 |
| Allotment Date | 29 December 2025 |
| Refund Initiation | 30 December 2025 |
| Share Credit to Demat | 30 December 2025 |
| Listing Date | 31 December 2025 |
| Minimum Investment | Rs 2,60,000.00 |
| Lot Size | 1000 shares |
About Apollo Techno SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Apollo Techno SME IPO Subscription FAQs
What is the current subscription status of Apollo Techno SME?
Apollo Techno SME IPO closed on 26 December 2025 with an overall subscription of 50.71x based on shares applied. QIB subscribed 25.26x, NII 98.36x, and retail 44.81x.
What are the allotment chances for retail investors?
At 44.81x applications received in the retail category, approximately 1 in 45 retail applicants can expect an allotment. Allotment is done by lottery in the retail category when oversubscribed.
When will Apollo Techno SME allotment be finalised?
Allotment will be finalised on 29 December 2025. You can check your allotment status on the Apollo Techno SME IPO Allotment Status page from that date.
What happens after subscription closes?
After the subscription closes, the registrar processes all applications and finalises allotment on 29 December 2025. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 31 December 2025.
Can I apply after subscription closes?
No. The subscription window closed on 26 December 2025. All applications must be submitted during the open period. Late applications are rejected automatically.
What is the difference between QIB, NII, and IND subscription?
QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. IND includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.
How does subscription affect allotment chances?
Higher oversubscription means fewer applicants receive allotment. In the retail category, allotment is by lottery. In the NII category, allotment is proportional. At 50.71x overall subscription, competition for shares is very high.
What is the issue size and lot size for Apollo Techno SME?
Issue size is ₹45.55 Cr. Lot size is 1000 shares. Minimum investment at the issue price of Rs 130.00 is Rs 2,60,000.00 per lot (minimum 2 lots for SME).
For allotment results from 29 December 2025, visit the Apollo Techno SME IPO Allotment Status page. For listing day updates on 31 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.