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20 November 2024

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

WHAT IS GMP?

GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.

A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.

Apex Ecotech Limited IPO GMP

GMP Date	IPO Price	GMP	Last Updated
-	73	-	-

**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**

Apex Ecotech IPO Details

Detail	Description
IPO Date	November 27, 2024 to November 29, 2024
Listing Date	[.]
Face Value	₹10 per share
Price	₹71 to ₹73 per share
Lot Size	1600 Shares
Total Issue Size	3,499,200 shares (aggregating up to ₹25.54 Cr)
Fresh Issue	3,499,200 shares (aggregating up to ₹25.54 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Shareholding pre issue	9,686,000
Shareholding post issue	13,185,200
Market Maker portion	200,000 shares Share India Securities

Apex Ecotech IPO (Tentative Schedule)

Detail	Description
IPO Open Date	Wednesday, November 27, 2024
IPO Close Date	Friday, November 29, 2024
Basis of Allotment	Monday, December 2, 2024
Initiation of Refunds	Tuesday, December 3, 2024
Credit of Shares to Demat	Tuesday, December 3, 2024
Listing Date	Wednesday, December 4, 2024
Cut-off time for UPI mandate confirmation	5 PM on November 29, 2024

Apex Ecotech IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	1	1600	₹116,800
Retail (Max)	1	1600	₹116,800
HNI (Min)	2	3,200	₹233,600

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 Promoter Holding

Share Holding Pre Issue	94.32%
Share Holding Post Issue

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

Competitive Strength:

● In-house design, engineering, and execution team.
● Experienced Promoters and Management Team.
● Integrated expertise and solid partnerships.
● Track record of successful projects.
● Geographical presence.
● Strong customer relationships.

Apex Ecotech Limited Financial Information

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
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 and Surplus	1,376.70	631.16	279.07
Total Borrowing	42.13	58.24	110.10
Amount in ₹ Lakhs

Key Performance Indicator

KPI	Values
RoNW	60.38%
ROCE	59.61%
Debt/Equity	0.03
P/BV	N/A
PAT Margin (%)	12.49%

	Pre IPO	Post IPO
EPS (Rs)	6.85	5.03
P/E (x)	10.66	14.52

Apex Ecotech IPO Objectives:-

1. To meet Working Capital Requirements;
2. General corporate purposes; and
3. To meet Public Issue Expenses.

Apex Ecotech IPO FAQs

What is the 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 will the Apex Ecotech IPO 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%.
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.
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.
What is the Apex Ecotech current GMP?

The current GMP of the Apex Ecotech is ---.