Apollo Micro Systems gets LoA worth Rs 25.58 crore

Apollo Micro Systems Ltd. | Aerospace & Defense | Capital Goods & Industrial Consumables | BSE: 540879 | NSE: APOLLO

02 Feb 2024 Evaluate

Apollo Micro Systems has received the Letter of Acceptance (LoA) from Indian Oil Corporation (IOCL) for an order worth Rs 25.58 crore after successfully being declared as the Lowest Bidder (L1). Consequently, the total outstanding orders from IOCL amount to Rs 41.03 crore, including the above LoA, all of which are scheduled for execution in the current financial year.

Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers.

Peers

Company Name	CMP
Hindustan Aeronaut.	4955.00
Bharat Electronics	403.00
Astra Microwave Prod	1694.95
DCX Systems	167.85
Centrum Electronics	4212.10
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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