Apollo Micro Systems IPO gets a Subscribe rating from Rudra
Apollo Micro Systems designs, develops and sells high-performance, mission and time critical solutions to defense, space and home land security for Ministry of Defense, government-controlled public sector undertakings and private sector corporate.
Present Issue:- Fresh Issue aggregating up to 156.00 Cr
Taking into consideration, the current market opportunities in defense and Government of India’s initiative, ‘Make in India’ aims to boost the nation’s domestic manufacturing sector as well as to create market by targeting exports, the issue seems to be fairly priced. We recommend to SUBSCRIBE the IPO.