IPO

Apex Ecotech Limited IPO

NSE SME

Listed On: Dec 4, 2024 at ₹ 138.7

₹ 233600 /3200 Shares
*Min Investment

Check Allotment

27 Nov, 2024

Open Date

29 Nov, 2024

Close Date

02 Dec, 2024

Allotment Date

04 Dec, 2024

Listing Date
Expected Premium
+ ₹42-45 (57.53%)

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Expected Premium
+ ₹42-45 (57.53%)
Apex Ecotech IPO Issue Details
  • Issue Price ₹71-73 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 34,99,200 shares(aggregating up to ₹25.54 crore)
  • Fresh Share 34,99,200 shares(aggregating up to ₹25.54 crore)
  • Listing at NSE SME
  • List Price 138.7
  • Listing Date 2024-12-04
  • Lead Manager Share India Capital Services Private Limited
  • Registrar Kfin Technologies 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 offers total 34,99,200 shares. Out of which 6,59,200 (18.84%) allocated to QIB, 4,96,000 (14.17%) allocated to NII,11,55,200 (33.01%) allocated to RII, NA (NA%) allocated to employees and 9,88,800 (28.26%) allocated to 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 Documents
DRHP
RHP
Apex Ecotech IPO Details


Apex Ecotech Limited IPO is an SME IPO, priced at ₹71-73 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 34,99,200 equity shares, aggregating up to ₹25.54 crores..

The IPO bidding window is open from Nov 27, 2024 to Nov 29, 2024. The allotment is expected to be finalized on Dec 2, 2024, and the tentative listing date is Dec 4, 2024.

The minimum lot size for Retail investors is 1600 shares, with a minimum investment of ₹1,16,800. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,33,600.

Share India Capital Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Share India Securities Limited will act as the market maker for this issue.

Read More
Apex Ecotech IPO Subscription Analysis And Details
Retail
329.65x
Total
457.15x
As on QIB / NII Retail Total
Shares Offered / Reserved / 1,155,200 2,310,400
Day 1 27-11-24 06:00 PM
/ x 3.42 x 1.99 x
Day 2 28-11-24 06:00 PM
/ x 37.71 x 24.04 x
Day 3 29-11-24 06:00 PM
/ x 329.65 x 457.15 x
Total No of Applications
2,61,139
Apex Ecotech Valuations
EPS Pre IPO ₹6.85/-
EPS Post IPO ₹5.03/-
P/E Pre IPO 10.66
P/E Post IPO 14.52
ROE 10.01%
ROCE 12.02%
Debt/Equity 0.07
RoNW 10.01%
PAT Margin 7.15
Price to Book Value 4.34
Apex Ecotech Company Financials
In Lakhs
In Lakh
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
About Apex Ecotech Company

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.

Read More
Apex Ecotech - Promoter(s)

Mr. Anuj Dosajh

Mr. Ramakrishnan Balasundaram Aiyer

Mr. Ajay Raina

Mr. Lalit Mohan Datta

Pre Issue Share Holding : 94.32%

Post Issue Share Holding : 69.29%

Apex Ecotech IPO - Issue Objectives
1

To meet Working Capital Requirements

2

General corporate purposes

3

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:

  1. The current market price is taken as closing on July 26, 2024.
  2. The P/E Ratio is calculated by dividing the Current Market Price on November 14, 2024, and EPS as of March 31, 2024.
Contact Details

Apex Ecotech

Office No. 202, Garden Plaza, Five Gardens Road, Sunshine Villas, Rahatani, Pimpri Waghire, Pune -411017

+91-9999654360

info@apexecotech.com

http://www.apexecotech.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

apex.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/