Apollo Micro Systems: Open Offer made to the Public Shareholders of Premier Explosives Limited – Update- Deposit of Purchase…
Apollo Micro Systems (APOLLO) filed a disclosure titled "Open Offer made to the Public Shareholders of Premier Explosives Limited – Update- Deposit of Purchase consideration of Rs.986.35 Crores into the Special Escrow Account – Reg". The company is valued at…
What happened
Apollo Micro Systems (APOLLO) filed a disclosure with the exchanges on 2 November 2026 at 08:02 AM titled "Open Offer made to the Public Shareholders of Premier Explosives Limited – Update- Deposit of Purchase consideration of Rs.986.35 Crores into the Special Escrow Account – Reg".
Company snapshot
Apollo Micro Systems is a small-cap company in the Capital Goods sector, with a market value of about ₹14,818 crore.
The stock last traded at ₹398.8, against a 52-week range of ₹179.5–₹466.5 (14.5% below the high).
Before this filing the shares had moved −1.0% over the month and +2.3% over three months. Average daily turnover over the last 20 sessions was about ₹457 crore.
Promoters held 49.98% at the end of Q2 FY27; 35.57% of promoter shares were pledged. Foreign institutions owned 5.95% and domestic institutions 1.49%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 225 | 31.1 | 0.93 |
| Q3 FY26 | 252 | 25.7 | 0.69 |
| Q4 FY26 | 293 | 37.9 | 1.09 |
| Q1 FY27 | 251 | 26.9 | 0.75 |
| Q2 FY27 | 388 | 48.4 | 1.32 |
What history shows
This is not the company's first open offer disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.7% on average the next trading day and was down 0.4% on average after five days (2 filings with price data).
Market-wide, 336 open offer filings with an impact score of 50 or more saw an average next-day move of +2.1%, with 55% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 5 Oct 2026 | Letter of Offer. | +3.6% | +1.9% |
| 23 Sept 2026 | Open offer | −2.2% | −2.6% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Apollo Systems subsidiary commissions new unit in Bengal, shares see profit booking
- Apollo Micro Systems to host Q2FY27 earnings call on Oct 26
- Apollo Micro Systems share price rallies 10% after record Q2 performance
- Apollo Micro Systems Ltd (BOM:540879) (Q2 2027) Earnings Call Highlights: Record Revenue, 34% ...
- Apollo Micro Systems share rises 12% on strong September quarter results
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.