Apsis Aerocom IPO.
New Delhi/Bengaluru, March 20, 2026 — Legacy Law Offices acted as legal counsel in the successful initial public offering (IPO) of Apsis Aerocom Limited, which saw overwhelming investor demand and strong market debut gains.
The IPO, comprising a fully book-built issue of 32.52 lakh fresh shares, raised approximately ₹35.77 crore. The offering was managed by Oneview Corporate Advisors Private Limited as the Book Running Lead Manager.
Strong investor response and listing performance
The issue garnered significant traction in the market, being oversubscribed by an impressive 129 times—highlighting robust investor confidence in the company’s business model and growth prospects.
On listing, the stock delivered a gain of 39%, making it one of the top-performing SME IPOs of the year and the third-best in terms of listing gains so far in 2026.
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Legal advisory team
The transaction was led by Pradyun Chakravarty, Associate Partner at Legacy Law Offices. He was supported by Naman Anand (Counsel), along with associates Gayatri Bansal, Samiksha Gawali, and Pallash Pamnani.
The firm advised both Apsis Aerocom and the lead manager on legal and regulatory aspects of the transaction, ensuring compliance with capital markets regulations.
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About Apsis Aerocom
Headquartered in Bengaluru, Apsis Aerocom operates in the precision engineering sector, focusing on manufacturing components and providing allied services for aerospace, defence, and healthcare industries.
Its positioning in high-growth sectors such as aerospace and defence has contributed to strong investor interest, especially amid increasing emphasis on domestic manufacturing and supply chain resilience.
Growing momentum in SME IPO market
The strong subscription numbers and listing performance of Apsis Aerocom underscore the continued momentum in India’s SME IPO segment, where niche manufacturing and technology-driven companies are attracting significant investor attention.
Market observers note that companies aligned with strategic sectors like defence and aerospace are particularly well-placed to benefit from policy support and rising demand, trends that are increasingly reflected in IPO performance.
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