
Apex Ecotech Limited IPO
NSE SMEListed On: Dec 4, 2024 at ₹ 138.7
₹ 116800 /1600 Shares
Check Allotment27 Nov, 2024
Open Date29 Nov, 2024
Close Date02 Dec, 2024
Allotment Date04 Dec, 2024
Listing DateIssue Price
₹71-73 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
138.7Listing Date
2024-12-04Market Lot
1600 Shares (₹116,800/-)Lead Manager
Share India Capital Services Private LimitedIssue Size
3,499,200 shares(aggregating up to ₹25.54 Cr)Retail Portion
35%Subscription
457.15 timesApex 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.
Apex Ecotech IPO Subscription Details
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
EPS Pre IPO
₹6.85/-EPS Post IPO
₹5.03/-P/E Pre IPO
10.66P/E Post IPO
14.52ROE
10.01%ROCE
12.02%Debt/Equity
0.07RoNW
10.01%PAT Margin
7.15Price to Book Value
4.34Apex Ecotech Company Financials All values are 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 The 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.
Apex Ecotech - Promoter(s)
Pre Issue Share Holding: 94.32%
Post Issue Share Holding: 69.29%
- Mr. Anuj Dosajh
- Mr. Ramakrishnan Balasundaram Aiyer
- Mr. Ajay Raina
- Mr. Lalit Mohan Datta
Apex Ecotech IPO - Issue Objectives
- To meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses.
Other Details
Apex Ecotech
Office No. 202, Garden Plaza, Five Gardens Road, Sunshine Villas, Rahatani, Pimpri Waghire, Pune -411017Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: apex.ipo@kfintech.com
Apex Ecotech IPO - FAQs
Ans. Apex Ecotech Limited IPO is a SME IPO. The issue is priced at ₹71-73 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Nov 27, 2024, and closes on Nov 29, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Apex Ecotech Limited IPO opens on Nov 27, 2024 and closes on Nov 29, 2024.
Ans. The size of Apex Ecotech Limited IPO is 3,499,200 shares(aggregating up to ₹25.54 Cr).
Ans. The IPO price band is set between ₹71-73 per equity share.
Ans. To apply for Apex Ecotech Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Apex Ecotech Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Apex Ecotech Limited IPO is Dec 2, 2024.
Ans. The Apex Ecotech Limited IPO will be listed on Dec 4, 2024.
Ans. Follow the steps to check the allotment status for Apex Ecotech Limited IPO here.