The Apex Ecotech IPO, valued at ₹25.54 crores, represents a book-built issue comprising a fresh issuance of 34.99 lakh shares.
Subscription for the IPO is scheduled to commence on November 27, 2024, and will conclude on November 29, 2024. The allotment of shares is anticipated to be finalized on December 2, 2024, with a tentative listing date on the NSE SME set for December 4, 2024.
The price band for the IPO has been determined at ₹71 to ₹73 per share. Applications require a minimum lot size of 1600 shares, translating to a retail investment of ₹116,800. For High Net Worth Investors (HNIs), the minimum requirement is two lots (3200 shares), amounting to ₹233,600.
Get the Apex Ecotech IPO DRHP for detailed information.
| IPO Date | November 27, 2024 to November 29, 2024 |
| Listing Date | December 4, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 71 to ₹ 73 / Share |
| Lot Size | 1600 Shares |
| Total Issue Size | ₹25.54 Cr |
| Fresh Issue | ₹25.54 Cr |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 9,686,000 |
| Share holding post issue | 13,185,200 |
| Market Maker portion | 200,000 shares |
Apex Ecotech Limited IPO opens on November 27, 2024, and closes on November 29, 2024.
| IPO Open Date | November 27, 2024 |
| IPO Close Date | November 29, 2024 |
| Basis of Allotment | December 2, 2024 |
| Initiation of Refunds | December 3, 2024 |
| Credit of Shares to Demat | December 3, 2024 |
| Listing Date | December 4, 2024 |
| Cut-off time for UPI mandate confirmation | November 29, 2024 |
Bids for the Apex Ecotech IPO are required to start with a minimum of 1600 shares and can only be placed in multiples of this lot size. The table below illustrates the minimum and maximum investment amounts for retail and High Net Worth Investors (HNIs) in terms of shares and corresponding monetary values.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | Rs.116,800 |
| Retail (Max) | 1 | 1,600 | Rs.116,800 |
| S-HNI (Min) | 2 | 3,200 | Rs.233,600 |
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
| Share Holding Pre Issue | 94.32% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
|
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35.00% of the Offer |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | 2024-11-26 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 7.22 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 2, 2025 |
Established in 2009, Apex Ecotech Limited specializes in delivering comprehensive solutions for water and wastewater treatment, recycling, and reuse across various applications.
The services provided by the company include the installation of Raw Water Treatment Plants for industrial processes, Effluent and Sewage Treatment Plants designed to comply with pollution control standards, and Sludge Dewatering Equipment. Additionally, Apex Ecotech facilitates the recycling of pre-treated wastewater using advanced membrane technologies such as Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, and Thermal/Vapor Compression-based Evaporators and Crystallizers for achieving Zero Liquid Discharge systems. The company also extends after-sales support and offers operation and maintenance services to its clients.
The clientele of Apex Ecotech includes prominent names such as 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 other notable organizations.
| KPI | Values |
|---|---|
| ROE | |
| ROCE | |
| Debt/Equity | |
| RoNW | |
| P/BV | |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.85 | 5.03 |
| P/E (x) | 10.66 | 14.52 |
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/ |
Phone: 04067162222, 04079611000 Email: apex.ipo@kfintech.com |
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