Desco Infratech Limited SME IPO: A New Investment Opportunity in Infrastructure...
18 Apr, 2025
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: â¹25.54 crores
- Price Per Share: â¹71 to â¹73 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 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 Limited 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 Limited IPO Timeline
| 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 Limited 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 Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 94.32% | - |
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 IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 2,555.93 | 5,346.49 | 663.04 | 1,473.56 | 42.13 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 1,767.81 | 3,492.06 | 352.10 | 722.52 | 58.24 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 978.73 | 2,002.86 | -65.86 | 370.43 | 110.10 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | 60.38% |
| ROCE | 60.38% |
| 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 |
RHP:
DRHP:
Frequently asked Questions (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.
