Apex Ecotech IPO Details: The Apex Ecotech IPO will open for subscription on November 27, 2024, and close on November 29, 2024. This is a Book Built Issue, aiming to raise approximately ₹25.54 crores, which consists entirely of a fresh issue of ₹25.54 crores, along with an offer for sale of equity shares with a face value of ₹10 each.
The price band for the Apex Ecotech IPO is set between ₹71 and ₹73 per share. The allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI). The IPO is expected to list on the NSE on December 4, 2024, with the allotment date scheduled for December 2, 2024.
For the financial year 2024, Apex Ecotech reported a revenue of ₹53.46 crores, a significant increase from ₹34.92 crores in 2023. The company’s profit also saw growth, reaching ₹6.63 crores in 2024, up from ₹3.52 crores in 2023. Based on the financials, long-term investors may find this IPO appealing.
Apex Ecotech IPO Objectives:
- To meet Working Capital Requirements;
- General corporate purposes; and
- To meet Public Issue Expenses.
Apex Ecotech IPO Review (Apply or Not)
- Update soon
Apex Ecotech IPO Date & Price Band 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 Lot Size:
The minimum market lot for the Apex Ecotech IPO is 1,600 shares, with an application amount of ₹116,800.
| 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 Timeline:
The Apex Ecotech IPO will open on November 27 and close on November 29. The allotment for the IPO will be finalized on December 2, with the listing scheduled for 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 |
Apex Ecotech IPO GMP Today:
GMP for Apex Ecotech SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
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
Founded in 2009, Apex Ecotech Limited specializes in providing integrated water and wastewater treatment, recycling, and reuse solutions across various industries.
The company’s services include the installation of Raw Water Treatment Plants for industrial applications, Effluent and Sewage Treatment Plants to comply with pollution regulations, as well as Sludge Dewatering Equipment. Apex Ecotech also focuses on the recycling of pre-treated wastewater using advanced membrane systems such as Ultrafiltration, Nanofiltration, Reverse Osmosis, and Disc Type RO. Additionally, they offer Thermal/Vapor Compression-based Evaporators and Crystallizers for Zero Liquid Discharge systems. The company also provides ongoing after-sales support, operation, and maintenance services to its clients.
Apex Ecotech’s prestigious customer base includes leading names like Aditya Birla Group, Ashok Leyland, Apotex Research, Bharatiyam, Escorts Kubota, Haldiram, Hero Motocorp, Honda Cars, Honda Scooters & Motorcycles, HUL, Jubilant, Kohler, Lenskart, Mahindra & Mahindra, PepsiCo, Piramal Pharma, Reckitt Benckiser, Shimizu Corporation, SMCC, Takenaka, and many others.
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. |
Apex Ecotech IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: apex.ipo@kfintech.com
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: info@apexecotech.com
Website: http://www.apexecotech.com/
Apex Ecotech IPO FAQs
What is the Apex Ecotech IPO?
The Apex Ecotech IPO is an SME IPO through which the company plans to raise ₹25.54 crores. The issue price is set between ₹71 and ₹73 per equity share, and the IPO will be listed on the NSE.
When will the Apex Ecotech IPO open for subscription?
The IPO will open for subscription on November 27, 2024, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors. The issue will close on November 29, 2024.
What is the investor allocation for the Apex Ecotech IPO?
The investor allocation for the Apex Ecotech IPO is as follows: 50% for QIBs, 15% for NIIs, and 35% for retail investors.
How can I apply for the Apex Ecotech IPO?
You can apply for the Apex Ecotech IPO through ASBA online via your bank account or UPI through your stockbroker. Alternatively, you can apply offline by filling out the form through your stockbroker.
What is the size of the Apex Ecotech IPO?
The total issue size of the Apex Ecotech IPO is ₹25.54 crores.
What is the price band for the Apex Ecotech IPO?
The price band for the Apex Ecotech IPO is ₹71 to ₹73 per equity share.
What is the lot size for the Apex Ecotech IPO?
The minimum bid for the Apex Ecotech IPO is 1,600 shares, with an application amount of ₹116,800.
What is the allotment date for the Apex Ecotech IPO?
The allotment date for the Apex Ecotech IPO is December 2, 2024.
What is the listing date for the Apex Ecotech IPO?
The listing date for the Apex Ecotech IPO is December 4, 2024, and it will be listed on the NSE.
