Apollo Micro Share: Apollo Micro Systems, a leading company in designing and manufacturing electronic and electromechanical solutions, has been making headlines in the stock market. In the last 5 years its shares have delivered an incredible 2450% return, making it a multibagger stock. On Friday, March 21, 2025, the company announced some important updates that have kept investors excited.
Debentures Issued by Subsidiary
Apollo Micro Systems revealed that its subsidiary, Apollo Defence Industries Private Limited, plans to raise ₹50 crores by issuing Unlisted, Secured, Redeemable Non-Convertible Debentures. These debentures will be offered to institutional investors and financial institutions through a private placement. The debentures will have a tenure of three years.
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The funds raised will be used to expand Apollo Defence Industries’ business operations, including the acquisition of other companies. This move is expected to help the subsidiary grow and strengthen its position in the defence sector.
To support its subsidiary’s fundraising efforts, Apollo Micro Systems has approved a Corporate Guarantee of ₹50 crores. This guarantee will be provided to the debenture holders, ensuring their investment is secure.
Apollo Micro Systems Achievements
Apollo Micro Systems Ltd is a pioneer in designing, developing, assembling, and testing electronic and electromechanical solutions. The company has been performing exceptionally well in the stock market. On Friday, March 21, 2025, its share price closed at ₹125.10, gaining ₹7.15 or 6.06% on the BSE.
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The company’s stock has given multibagger returns to its investors, rising nearly 2450% in the last five years. This impressive performance has made Apollo Micro Systems a favourite among investors.
In early March 2024, Apollo Micro Systems announced a new order for manufacturing electronic components. The order was awarded by Reliable Technosystems India Pvt. Ltd., further boosting the company’s growth prospects
