Apex Ecotech IPO Date, Review, Price, Allotment Details

Apex Ecotech IPO open date is November 27, 2024 and the IPO will close on November 29, 2024. Apex Ecotech IPO is a Book Built Issue. The company to raise around ₹25.54 crores via IPO that comprises fresh issue of ₹25.54 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Apex Ecotech IPO price band is ₹71 to ₹73 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Apex Ecotech IPO to list on NSE on December 4, 2024. The allotment of Apex Ecotech IPO date is December 2, 2024.

The company reported revenue of ₹53.46 crores in 2024 against ₹34.92 crore in 2023. The company reported Profit of ₹6.63 crores in 2024 against Profit of ₹3.52 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Apex Ecotech IPO

Apex Ecotech IPO Details

IPO Open Date:November 27, 2024
IPO Close Date:November 29, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹71 to ₹73 Per Share
Issue Size:Approx ₹25.54 Crores
Fresh Issue:Approx ₹25.54 Crores
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Apex Ecotech IPO Market Lot

The Apex Ecotech IPO minimum market lot is 1600 shares with ₹₹116,800 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11,600₹₹116,800
Retail Maximum11,600₹₹116,800
S-HNI Minimum23,200₹233,600

Apex Ecotech IPO Dates

The Apex Ecotech IPO date is November 27 and the close date is November 29. The Apex Ecotech IPO allotment will be finalized on December 2 and the IPO listing on December 4.

IPO Open Date:November 27, 2024
IPO Close Date:November 29, 2024
Basis of Allotment:December 2, 2024
Refunds:December 3, 2024
Credit to Demat Account:December 3, 2024
IPO Listing Date:December 4, 2024

Promoters of Apex Ecotech IPO

The promoters of the company are Mr. Anuj Dosajh, Mr. Ramakrishnan Balasundaram Aiyer,Mr. Ajay Raina, and Mr. Lalit Mohan Datta.

About Apex Ecotech IPO

To be updated soon

Apex Ecotech IPO Company Financial Report

The company reported revenue of ₹53.46 crores in 2024 against ₹34.92 crore in 2023. The company reported Profit of ₹6.63 crores in 2024 against Profit of ₹3.52 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹20.03₹20.55₹0.66₹9.79
2023₹34.92₹30.76₹3.52₹17.68
2024₹53.46₹44.49₹6.63₹25.56

Apex Ecotech IPO Valuation – FY2024

Check Apex Ecotech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:60.38%
ROCE:59.61%
EBITDA Margin:16.73%
PAT Margin:12.49%
Debt to equity ratio:0.03
Earning Per Share (EPS):₹7.25 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):60.38%
Net Asset Value (NAV):₹16.11

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
ION Exchange Limited13.3253.8921.06%69.532,347.85 Cr.
VA Tech Wabag Limited36.8734.1014.45%293.282,856.40 Cr.

Objects of the Issue

  • To meet Working Capital Requirements;
  • General corporate purposes; and
  • To meet Public Issue Expenses.

Apex Ecotech IPO Review

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  • Choice Broking –

Apex Ecotech IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

  • Share India Capital Services Private Limited

Company Address

Apex Ecotech Limited
Office No. 202, Garden Plaza,
Five Gardens Road, Sunshine Villas,
Rahatani, Pimpri Waghire, Pune -411017
Phone: +91-9999654360
Email: [email protected]
Website: http://www.apexecotech.com/

Apex Ecotech IPO FAQs

What is Apex Ecotech IPO?

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.

When Apex Ecotech IPO will open for subscription?

The IPO is to open on November 27, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 29, 2024.

What is Apex Ecotech IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Apex Ecotech IPO?

You can apply for Apex Ecotech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Apex Ecotech IPO Issue Size?

Apex Ecotech IPO issue size is ₹25.54 crores.

What is Apex Ecotech IPO Price Band?

Apex Ecotech IPO Price Band is ₹71 to ₹73.

What is Apex Ecotech IPO Lot Size?

The minimum bid is 1600 Shares with ₹116,800 amount.

What is the Apex Ecotech IPO Allotment Date?

Apex Ecotech IPO allotment date is December 2, 2024.

What is the Apex Ecotech IPO Listing Date?

Apex Ecotech IPO listing date is December 4, 2024. The IPO is to list on NSE.

Note: The Apex Ecotech IPO price band and date are officially announced. The (Apex Ecotech IPO grey market premium) will be added to the IPO GMP page as it will start).
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