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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1,600 | ₹116,800 |
Retail Maximum | 1 | 1,600 | ₹116,800 |
S-HNI Minimum | 2 | 3,200 | ₹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
Apex Ecotech Limited founded in 2009, is renowned for providing wide solutions in water and wastewater treatment, as well as recycling and reuse, catering to a wide range of applications. They handle end-to-end projects like 1. Raw water treatment. 2. Effluent and Sewage treatment 3. Sludge Dewatering Equipment for Efficient Waste Management. 4. Advanced Membrane Systems like Ultrafiltration, Nano Filtration, Reverse Osmosis, and Disc-Type RO for recycling wastewater. 5. Zero Liquid Discharge Systems. With advanced technologies, their goal is to deliver sustainable, reliable, and energy-efficient solutions. They focus on maximizing system effectiveness, minimizing waste, and enabling treated water reuse for applications like industrial processes, cooling towers, make-up water, air washers, boilers, and horticulture. Apex Ecotech Limited achieved incredible growth between the financial years ending March 31, 2023, and March 31, 2024, with revenue rising by 53.1% and profit after tax (PAT) soaring by an impressive 88.31%.
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 Ended | Revenue | Expense | Profit After Tax | Assets |
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.
KPI | Values |
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
Company | EPS | PE Ratio | RoNW % | NAV | Income |
ION Exchange Limited | 13.32 | 53.89 | 21.06% | 69.53 | 2,347.85 Cr. |
VA Tech Wabag Limited | 36.87 | 34.10 | 14.45% | 293.28 | 2,856.40 Cr. |
Objects of the Issue
- To meet Working Capital Requirements;
- General corporate purposes; and
- To meet Public Issue Expenses.
Apex Ecotech IPO Review
- IPO Watch – May Apply
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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/
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