Alpex Solar IPO Subscription Status – IPO Closed

Alpex Solar IPO subscription status started on Thursday February 8, 2024 and will close on February 12, 2024. Alpex Solar IPO to raise around ₹74.52 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹109 to ₹115 per equity share.

Alpex Solar IPO

Table of Contents

The Alpex Solar IPO minimum market lot is 1200 shares with ₹138,000 application amount. The Alpex Solar IPO is an SME IPO, and it is to be listed on NSE SME.

Alpex is a solar photovoltaic (PV) module manufacturer in North India. Their PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. Their portfolio of solar energy products consists of bifacial, mono-perc, and Halfcut solar PV modules. They also provide integrated solar energy solutions, including engineering, procurement, and construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.


IPOWatch View

We recommend investors may apply for an IPO with Short-term and Longterm-views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Alpex Solar IPO Subscription Status – Day 3

CategoryQIBNIIRIITotal
Day 10.0925.7649.2230.16
Day 20.9073.19133.8682.88
Day 3141.48502.31351.89324.03


Alpex Solar IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Alpex Solar IPO Review

  • May Apply

Alpex Solar IPO Form

How to apply for the Alpex Solar IPO? You can apply for Alpex Solar IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Alpex Solar IPO in the Invest section. The other option is you can apply for Alpex Solar IPO via IPO forms downloaded online. Check out the Alpex Solar forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Alpex Solar IPO Subscription Status FAQs:


When Alpex Solar IPO Subscription will start?

The IPO subscription starts on February 8, 2024 for NII, QIB and Retail Investors.

How to subscribe Alpex Solar IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Alpex Solar IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Alpex Solar IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Alpex Solar “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Alpex Solar IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Alpex Solar “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Alpex Solar IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Alpex Solar ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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