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Apex Ecotech Limited IPO GMP, Date, Price Band & Review

Apex Ecotech IPO is an SME IPO Open date Nov 27-29 2024 ,price ₹71-₹73/share,lot size 1,600 shares; raised ₹25.54 crore; listed Dec 4 at ₹138.70, a 90% premium.

IPO Details
Apex Ecotech Limited IPO

Apex Ecotech Limited IPO

Apex Ecotech Limited IPO Details

DetailDescription
IPO DateNovember 27, 2024 to November 29, 2024
Listing Date[.]
Face Value₹ 10 per share
Price₹ 71 to ₹ 73 per share
Lot Size1,600 Shares
Total Issue Size34,99,200 shares (aggregating up to ₹ 25.54 Cr)
Fresh Issue34,99,200 shares (aggregating up to ₹ 25.54 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Shareholding pre issue96,86,000
Shareholding post issue1,31,85,200
Market Maker portion2,00,000 shares Share India Securities

About Apex Ecotech Limited IPO

Founded in 2009, Apex Ecotech Limited specializes in providing comprehensive solutions for water and wastewater treatment, recycling and reuse across various sectors. Their services include establishing Raw Water Treatment Plants for industrial processes, Effluent & Sewage Treatment Plants to comply with pollution regulations, offering Sludge Dewatering Equipment and implementing membrane filtration systems (such as Ultrafiltration, Nanofiltration, Reverse Osmosis and Disc Type RO) for recycling pre-treated wastewater.

Additionally, the company provides Thermal/Vapor Compression-based Evaporators & Crystallizers for Zero Liquid Discharge (ZLD) systems. Apex Ecotech also offers after-sales support and operation and maintenance services.

Apex Ecotech IPO Overview:

  • Issue Type: Book-built issue, entirely a fresh issue of 34.99 lakh shares
  • Total Issue Size: ₹25.54 crores
  • Price Per Share: ₹71 to ₹73 per share
  • Minimum Lot Size: Minimum 1600 shares
  • Issue Opening Date: November 27, 2024
  • Issue Closing Date: November 29, 2024
  • Book Running Lead Managers: Share India Capital Services Private Limited
  • Registrar: Kfin Technologies Limited
  • Market Maker: Share India Securities
Apex Ecotech IPO Reservation
Investor Category Shares Offered
QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer
Apex Ecotech IPO Anchor Investors Details
Bid Date November 26, 2024
Shares Offered 988,800
Anchor Portion Size (In Cr.) 7.22
Anchor lock-in period end date for 50% shares (30 Days) January 1, 2025
Anchor lock-in period end date for remaining shares (90 Days) March 2, 2025

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Apex Ecotech IPO Objectives:-
  • The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
  • 1. To meet Working Capital Requirements;
  • 2. General corporate purposes; and
  • 3. To meet Public Issue Expenses.

Apex Ecotech Limited IPO Financial Information

Latest Revenue

5,346.49

₹ Crore

Profit After Tax

663.04

₹ Crore

Net Worth

1,473.56

₹ Crore

Total Borrowing

42.13

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
31 Mar 20242,555.935,346.49663.041,473.5642.13
31 Mar 20231,767.813,492.06352.10722.5258.24
31 Mar 2022978.732,002.86-65.86370.43110.10
Amount in ₹ Crore

Apex Ecotech Limited Key Performance Indicator

KPIValues
RoNW60.38%
ROCE60.38%
Debt/Equity0.03
P/BVN/A
PAT Margin (%)12.49%
Pre IPOPost IPO
EPS (Rs)6.855.03
P/E (x)10.6614.52

Frequently Asked Questions

Apex Ecotech IPO is a SME IPO. The company is going to raise ₹25.54 Crores via IPO. The issue is priced at ₹71 to ₹73 per equity share. The IPO is to be listed on NSE.
The IPO is to open on November 27, 2024 for QIB, NII and Retail Investors. The IPO will close on November 29, 2024.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Apex Ecotech IPO issue size is ₹25.54 crores.
Apex Ecotech IPO Price Band is ₹71 to ₹73.
Published By
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Competitive Strengths

1

In-house design, engineering, and execution team.

2

Experienced Promoters and Management Team.

3

Integrated expertise and solid partnerships.

4

Track record of successful projects.

5

Geographical presence.

6

Strong customer relationships.

Apex Ecotech Limited IPO Timeline

IPO Open DateWednesday, November 27, 2024
IPO Close DateFriday, November 29, 2024
Basis of AllotmentMonday, December 2, 2024
Initiation of RefundsTuesday, December 3, 2024
Credit of Shares to DematTuesday, December 3, 2024
Listing DateWednesday, December 4, 2024
Cut-off time for UPI mandate confirmation5 PM on November 29, 2024

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Retail (Min)11600₹116,800
Retail (Max)11600₹116,800
HNI (Min)23,200₹233,600
Apex Ecotech IPO Date, Price, GMP, Review, Detail