1,500 Per Cent Multibagger Returns: Defence Company Receives In-Principle Approval to issue 3,11,05,210 Equity Shares and 3,80,67,059 Convertible Equity Warrants

The stock gave multibagger returns of 1,030 per cent in just 3 years and a whopping 1,500 per cent in 5 years.

On Tuesday, shares of Apollo Micro Systems Ltd plunged 2.71 per cent to Rs 136.45 per share from its previous closing of Rs 140.25 per share. The stock’s 52-week high is Rs 157 per share and its 52-week low is Rs 88.10 per share.

Established in 1985, Apollo Micro Systems is at the forefront of creating, constructing, and validating crucial electronics and electromechanical solutions for sectors such as aerospace, defence, and space. The company is renowned for its commitment to research and development, resulting in notable projects such as torpedo-homing systems and underwater mines.

According to Quarterly Results, net sales increased by 62.5 per cent to Rs 148.39 crore and profit after tax (PAT) increased by 83.1 per cent to Rs 18.24 crore in Q3FY25 compared to Q3FY24 while in its nine-month results, the net sales increased by 69.5 per cent to Rs 400.30 crore and profit after tax (PAT) increased by 133.2 per cent to Rs 42.40 crore in 9MFY25 compared to 9MFY24. In its annual results, the net sales increased by 24.91 per cent to Rs 371.63 crore and profit after tax (PAT) increased by 66.01 per cent to Rs 31.11 crore in FY24 compared to FY23.

Apollo Micro Systems Limited has received in-principle approval from the National Stock Exchange of India Limited and BSE Limited for the preferential issue of 3,11,05,210 Equity shares and 3,80,67,059 Convertible Equity Warrants, as per Regulation 28(1) of the SEBI (LODR) Regulations, 2015. The equity shares, with a face value of Re 1 each, will be issued to non-promoters at a price not less than Rs 114, while the warrants, convertible into an equal number of equity shares of Re 1 each at a price not less than Rs 114, will be issued to both promoters and non-promoters. The exchanges have advised the company to strengthen internal controls and obtain undertakings from allottees to prevent insider trading.

Earlier, Apollo Defence Industries Pvt Ltd (ADIPL), a subsidiary of Apollo Micro Systems Ltd, acquired 100 per cent equity in IDL Explosives Ltd from the Hinduja Group for ₹107 crore in an all-cash deal. IDL Explosives, established in 1961 and now part of GOCL Corporation Limited, holds the distinction of being India's first-owned explosives company with 64 years of experience serving the mining and infrastructure sectors. This strategic acquisition merges the expertise of Apollo Micro Systems and IDL Explosives, creating a vertically integrated defence entity with over a century of combined experience, poised to deliver end-to-end solutions across the munitions and weapons value chain, reduce external dependencies, and expand its global market presence.

The company falls under the BSE Small-Cap Index with a market cap of over Rs 4,000 crore. In March 2025, FIIs bought 6,03,751 shares and increased their stake in AMS to 0.93 per cent from 0.74 per cent in December 2024. The stock gave multibagger returns of 1,030 per cent in just 3 years and a whopping 1,500 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.