The Apollo Micro Systems IPO, with the price band of Rs270-275, saw huge subscription of 248.51 times in the share sale from 10-12 January. Mumbai: Apollo Micro Systems Ltd saw a firm stock market debut on Monday. The stock was listed at Rs478, up 73.81% on the BSE from its issue price of Rs275 a share. The issue, with the price band of Rs270-275, saw huge subscription of 248.51 times in the share sale from 10-12 January. Established in 1997 by Baddam Karunakar Reddy, Apollo Micro Systems offers integrated solutions to aerospace, defence, space, homeland security and transportation sectors.

Source: Mint January 22, 2018 04:52 UTC