Admach Systems Ltd

Admach Systems has received a purchase order from domestic customer in the non-destructive testing (NDT) industry, valued at Rs 94.35 lakhs (with GST), for the supply of the following equipment: Non-Destructive Testing Equipment. With this, the company's current order book stands at Rs 82.09 crore.

Under the terms of the contract, the company will receive a 30% advance along with the purchase order, while the balance payment will be made against dispatch of the equipment. The order is scheduled to be executed within 16 weeks from the date of the purchase order. The company said the contract has been awarded by a domestic entity. It also clarified that neither its promoters nor promoter group companies have any interest in the awarding entity, and the transaction does not fall under related-party transactions. Admach Systems specializes in the design, manufacture, and supply of customized special-purpose machines and automation systems for industries including steel, automotive, food processing, tooling, and engineering. The company offers solutions such as black bar handling, bar chamfering and straightening, bright bar processing, grinding, and super-finishing systems. The counter fell 3.97% to Rs 265.05 on the BSE. Powered by Capital Market - Live

Admach Systems has received a purchase order worth Rs 5.01 crore for supply of two roll straightening machine from a domestic steel company. With this, the company's current order book stands at Rs 81.71 crore.

Under the terms of the contract, payments will be made through a 100% irrevocable letter of credit (LC). The payment schedule includes 15% advance against submission of an Advance Bank Guarantee (ABG), 15% upon approval of the layout, 50% along with applicable taxes against equipment inspection, 10% upon receipt of material at the project site, and the remaining 10% after installation and commissioning against submission of a Performance Bank Guarantee (PBG). The company said the equipment will be manufactured as per the specified requirements and delivered within 8 to 10 months from the date of order confirmation on a door-delivery basis. The company further clarified that the transaction does not qualify as a related-party transaction and that neither its promoters nor promoter group entities have any interest in the contract. Admach Systems specializes in the design, manufacture, and supply of customized special-purpose machines and automation systems for industries including steel, automotive, food processing, tooling, and engineering. The company offers solutions such as black bar handling, bar chamfering and straightening, bright bar processing, grinding, and super-finishing systems. Headquartered in Pune, Maharashtra, Admach Systems has an annual production capacity of 100 units, which operated at full utilization during FY2024-25. As of March 31, 2025, the company employed 58 full-time personnel. The company recorded revenue from operations of Rs 5.41 crore and net profit of Rs 1.46 crore for the period ended 31 December 2025. The counter rose 0.01% to Rs 309.65 on the BSE. Powered by Capital Market - Live

Admach Systems will hold a meeting of the Board of Directors of the Company on 21 May 2026.

Admach Systems has received three purchase orders aggregating approximately Rs 9.46 crore (including GST) from reputed domestic industrial clients. With these order wins, the Company's cumulative order book now stands at approximately Rs 76.95 crore, further strengthening revenue visibility.Powered by Capital Market - Live

Admach Systems has received two orders from Jailaxmi Alloy Steels, Ch. Sambhajinagar. The orders are valued at approximately Rs. 18.11 crore (Incl. GST) (02 Orders) for Design, Engineering, Manufacturing, Installation, Integration, Commissioning & Supervision of Round & Square bar Complete Finishing Line and an Ultrasonic testing machine (NDT) mechanics. With this, the current order book of the company is 67.50 crore.Powered by Capital Market - Live

Admach Systems will hold a meeting of the Board of Directors of the Company on 19 January 2026.Powered by Capital Market - Live

The scrip was listed at Rs 191.20, a discount of 20% compared with the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price. The counter hit a high of Rs 200.75 and a low of Rs 191.20. About 9.29 lakh shares of the company changed hands at the counter. Admach Systems' IPO was subscribed 3.95 times. The issue opened for bidding on 23 December 2025 and it closed on 26 December 2025. The price band of the IPO was fixed between Rs 227 to Rs 239 per share. The IPO comprised fresh issue of 17,82,600 equity shares. The company intends to utilize the net proceeds for funding of capital expenditure requirements of company towards purchase of new machinery & installation cost thereon, funding working capital requirements of company and for general corporate purposes. Ahead of the IPO, Admach Systems Polymers on 22 December 2025, raised Rs 5.03 crore from anchor investors. The board allotted 2.10 lakh shares at Rs 239 per share to 4 anchor investors. Admach Systems designs, manufactures, and supplies customized special-purpose machines and automation systems for the steel, automobile, food, tooling, and engineering industries. With a production capacity of 100 units per year and 100% utilization in FY 2024'25, the company offers solutions like Black Bar handling, Bar Chamfering and Straightening, Bright Bar processing, Grinding, and Super Finishing. Headquartered in Pune, Maharashtra, Admach Systems delivers innovative, efficient, and high-quality engineering solutions to clients in India and abroad. As of 31 March 2025, the company had 58 full-time employees. The company recorded revenue from operations of Rs 23.04 crore and net profit of Rs 3.01 crore for the period ended 30 June 2025. Powered by Capital Market - Live