Apex Ecotech IPO
Apex Ecotech is an NSE SME IPO listed on the NSE SME platform, priced at ₹71–₹73 per share. The stock debuted at ₹138.7, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,16,800.
Apex Ecotech Limited IPO
- IPO Dates
- Nov 27, 2024 – Nov 29, 2024
- Price band
- ₹71-73 per equity share
- Minimum Investment
- ₹1,16,800
- Issue size
- ₹25.54 Cr
- Lot size
- 1600
- Allotment Date
- Dec 2, 2024
- Listing
- Dec 4, 2024
- Listing At
- NSE SME
IPO timeline
-
Nov 27, 2024
Open Date
Completed
-
Nov 29, 2024
Close Date
Completed
-
Dec 2, 2024
Allotment Date
Completed
-
Dec 4, 2024
Listing Date
Completed
Apex Ecotech IPO Essentials
Apex Ecotech IPO Details
Apex Ecotech IPO is priced at ₹71-73 per share with a total issue size of 25.54 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹71-73 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,499,200 shares(aggregating up to ₹25.54 Cr)
- Total issue size
- 34,99,200 shares
(aggregating up to ₹25.54 crore) - Fresh issue
- 34,99,200 shares
(aggregating up to ₹25.54 crore) - Listing at
- NSE SME
- List price
- 138.7
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Share India Capital Services Private Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,16,800 |
| Retail(max) | 1 | 1600 | ₹1,16,800 |
| NII (min) | 2 | 3,200 | ₹2,33,600 |
Apex Ecotech IPO Reservation
Apex Ecotech IPO reservation details show category-wise allocation of shares. Out of the total 34,99,200 shares, approximately 18.84% are reserved for QIB, 14.17% for NII, 33.01% for retail investors, 5.72% for market maker, and 28.26% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 9,88,800 (28.26%) | |
| Market Maker Shares Offered | 2,00,000 (5.72%) | |
| QIB Shares Offered | 6,59,200 (18.84%) | |
| NII (HNI) Shares Offered | 4,96,000 (14.17%) | |
| Retail Shares Offered | 11,55,200 (33.01%) | |
| Total Shares Offered | 34,99,200 (100%) |
Apex Ecotech IPO Analytics
Apex Ecotech IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Apex Ecotech IPO Subscription Status
Apex Ecotech IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 659,200 / 496,000 | 1,155,200 | 2,310,400 |
|
Day 1
27-11-24 06:00 PM
|
(0.00 / 1.29) x | 3.42 x | 1.99 x |
|
Day 2
28-11-24 06:00 PM
|
(0.04 / 24.09) x | 37.71 x | 24.04 x |
|
Day 3
29-11-24 06:00 PM
|
(136.69 / 1180.02) x | 329.65 x | 457.15 x |
Apex Ecotech Valuations
Earnings
- EPS Pre IPO
- ₹6.85/-
- EPS Post IPO
- ₹5.03/-
- P/E Pre IPO
- 10.66
- P/E Post IPO
- 14.52
Returns
- ROE
- 10.01%
- ROCE
- 12.02%
- RoNW
- 10.01%
- PAT Margin
- 7.15
Fundamentals
- Debt / Equity
- 0.07
- Price / Book
- 4.34
Apex Ecotech Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 2,555.93 | 1,767.81 | 978.73 |
| Revenue | 5,346.49 | 3,492.06 | 2,002.86 |
| Profit After Tax | 663.04 | 352.10 | -65.86 |
| Net Worth | 1,473.56 | 722.52 | 370.43 |
| Reserves & Surplus | 1,376.70 | 631.16 | 279.07 |
| Total Borrowing | 42.13 | 58.24 | 110.10 |
Apex Ecotech Company & Offer Insights
About Apex Ecotech
Founded in 2009, Apex Ecotech Limited provides solutions for water and wastewater treatment, recycling, and reuse.
The products offered by the company include setup of Raw Water Treatment Plants for industrial processes, Effluent & Sewage Treatment Plants to abide by pollution norms, Sludge Dewatering Equipment, pre-treated wastewater recycling through membrane systems that include Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, etc, and Thermal / Vapor Compression-based Evaporators & Crystallizers for Zero Liquid Discharge systems. The company further provides its customers with after-sales support and operations and maintenance services.
Apex Ecotech has many customers, which include Aditya Birla Group, Ashok Leyland, Apotex Research, Bharatiyam, Escorts Kubota, Haldiram, Hero Motocorp, Honda Cars, Honda Scooters & Motorcycle, HUL, Jubilant, Kohler, Lenskart, Mahindra & Mahindra, PepsiCo, Piramal Pharma, Reckitt Benckiser, Shimizu Corporation, SMCC, Takenaka, and many more distinguished users.
The company has been able to deliver complete ZLD systems that provide more than 98% overall recovery for the reuse of water in applications including process water, boiler feed, cooling tower make-up water, air washers, horticulture, toilet flushing, etc.
Apex Ecotech Promoter(s)
Mr. Anuj Dosajh, Mr. Ramakrishnan Balasundaram Aiyer, Mr. Ajay Raina, Mr. Lalit Mohan Datta are the company's promoters of Apex Ecotech.
Apex Ecotech IPO Issue Objectives
- •
- To meet Working Capital Requirements
- •
- General corporate purposes
- •
- To meet Public Issue Expenses.
Apex Ecotech IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Apex Ecotech Limited | 3.85 | N/A | 7.91 | N/A | 64 | 9.23 | Standalone |
| Ion Exchange (India) Ltd. | 13.32 | N/A | 69.53 | 48.13 | 21.06 | 9.13 | Consolidated |
| Va Tech Wabag Ltd. | 36.87 | N/A | 293.28 | 45.39 | 14.45 | 4.59 | Consolidated |
Notes:
- The current market price is taken as closing on July 26, 2024.
- The P/E Ratio is calculated by dividing the Current Market Price on November 14, 2024, and EPS as of March 31, 2024.
Contact Information
Contact Details
Apex Ecotech
+91-9999654360
Office No. 202, Garden Plaza, Five Gardens Road, Sunshine Villas, Rahatani, Pimpri Waghire, Pune -411017
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Apex Ecotech IPO is a book-built IPO worth ₹25.54 crore. The price band is ₹71–₹73 per share. The IPO opens on Nov 27, 2024 and closes on Nov 29, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Apex Ecotech IPO is ₹71 to ₹73 per share.
The lot size of Apex Ecotech IPO is 1600 shares.
The minimum investment for Apex Ecotech IPO is approximately ₹1,16,800 based on the upper price band .
Apex Ecotech IPO opens on Nov 27, 2024 and closes on Nov 29, 2024.
The allotment date of Apex Ecotech IPO is Dec 2, 2024.
Apex Ecotech IPO is expected to be listed on Dec 4, 2024, on NSE SME Platform.
Apex Ecotech IPO valuation snapshot: P/E 14.52, EPS ₹5.03/-, P/B 4.34, RoNW 10.01%, and market cap N/A.
To apply for Apex Ecotech IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Apex Ecotech IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Apex Ecotech IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Apex Ecotech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Apex Ecotech IPO allotment status on IPO Ji for quick and easy access.