Apex Ecotech IPO
Open SmeCurrent GMP
₹45 (+61.64%)
Price Band
₹ 71 – 73
Lot Size
1600
Issue Size
₹25.54 Cr
Minimum Investment
₹233600 (3200 Shares)
Listing Date
04 December 2024
Subscription
457.15x
About the Company
Apex Ecotech Limited is a company incorporated as Apex Ecotech Private Limited on April 1, 2009, in Pune, Maharashtra, under the Companies Act, 1956. The company transitioned to a public limited entity on March 26, 2024, and changed its name to Apex Ecotech Limited on July 2, 2024. It is ISO 9001:2015 certified and specializes in providing turnkey solutions for water and wastewater treatment, recycling, and reuse across various applications.
Their services include setting up Raw Water Treatment systems, Effluent & Sewage Treatment Plants, sludge dewatering equipment, and advanced membrane systems (such as Ultrafiltration, Nano Filtration, Reverse Osmosis, and Disc Type RO). They also provide Zero Liquid Discharge (ZLD) solutions using Thermal / Vapor Compression-based Evaporators & Crystallizers. After-sales support, as well as Operation & Maintenance (O&M) services, are key aspects of their offerings.
The company focuses on providing energy-efficient, sustainable, and reliable solutions that align with global standards, optimizing recovery and minimizing waste and sludge generation. The treated water is reused in various applications, such as industrial processes, cooling tower makeup, and horticulture. Apex Ecotech aims to meet customer expectations with reliable service and increased system uptime.
With an in-house team proficient in designing, engineering, project management, and after-sales support, the company has successfully delivered customized solutions. Their extensive client base includes renowned global and domestic companies like Aditya Birla Group, Ashok Leyland, Honda, PepsiCo, Reckitt Benckiser, and many others. Apex Ecotech has also delivered ZLD systems with an overall recovery rate exceeding 98%.
The company is committed to addressing global challenges such as water scarcity, climate change, and industrialization by promoting water conservation and recycling. They aim for growth while ensuring client satisfaction and contributing to the conservation of water resources, supported by strong government initiatives in India.
Promoters
- Mr. Anuj Dosajh
- Mr. Ramakrishnan Balasundaram Aiyer
- Mr. Ajay Raina
- Mr. Lalit Mohan Datta
Promoters Holding
Holding Pre Issue
94.32%
Holding Post Issue
69.29%
Objects of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To meet Working Capital Requirements;
- General corporate purposes; and
- To meet Public Issue Expenses.
Address / Contact Info
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
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 27 November 2024
IPO Close Date
Friday, 29 November 2024
Basis of Allotment
Monday, 02 December 2024
Initiation of Refunds
Tuesday, 03 December 2024
Credit of Shares to Demat
Tuesday, 03 December 2024
Listing Date
Wednesday, 04 December 2024 — NSE & BSE
Important Dates
Open Date
27 November 2024
Close Date
29 November 2024
Basis Of Allotment
02 December 2024
Listing Date
04 December 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 2555.93 | 1767.81 | 978.73 |
| Revenue | 5346.49 | 3492.06 | 2002.86 |
| Profit After Tax | 663.04 | 352.1 | -65.86 |
| Net Worth | 1473.56 | 722.52 | 370.43 |
| Reserve & Surplus | 1376.7 | 631.16 | 279.07 |
| Total Borrowings | 42.13 | 58.24 | 110.1 |
EPS Pre
6.85%
EPS Post
2.36%
P/E Pre
10.66
P/E (Post Issue)
31.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of September 30, 2024. |
|---|---|
| ROE % | 10.01 |
| ROCE % | 12.02 |
| Debt / Equity | 0.07 |
| RoNW % | 10.01 |
| PbW | 4.34 |
| Pat Margin % | 7.15 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 988800 | 28.26 | 0 |
| Market Maker | 200000 | 5.72 | 0 |
| Qualified Institutions | 659200 | 18.84 | 0 |
| Non-Institutional | 496000 | 14.17 | 0 |
| Retail Investors | 1155200 | 33.01 | 0 |
| Total | 3499200 | 100 | 0 |
Subscription Status ( Fri, 29 Nov 24 01:07 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 659200 | 90105600 | 136.69x |
| Non-Institutional | 496000 | 585291200 | 1180.02x |
| Retail Investors | 1155200 | 380806400 | 329.65x |
| Total | 2310400 | 1056203200 | 457.15x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 116,800.00 |
| Retail (Max) | 1 | 1,600 | 116,800.00 |
| S-HNI (Min) | 2 | 3,200 | 233,600.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Share India Capital Services Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Apex Ecotech IPO is a Book-building IPO worth ₹25.54 crores. The price band is ₹71 to 73 per share. The IPO opens on Wed, Nov 27, 2024 and closes on Fri, Nov 29, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Apex Ecotech IPO opens on Wed, Nov 27, 2024 and closes on Fri, Nov 29, 2024
Apex Ecotech IPO Price Band is ₹71 to 73.
Apex Ecotech IPO lot size is 1600, and the minimum amount required for application is ₹233600.
The minimum investment for Apex Ecotech IPO is approximately ₹233600 based on the upper price band.
To apply for the Apex Ecotech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Nov 29, 2024. After submission, funds are blocked until the basis of allotment of Apex Ecotech IPO is finalised.
Apex Ecotech IPO issue size is ₹25.54 crores.
Apex Ecotech IPO allotment date is Sat, Jun 27, 2026.
The registrar for Apex Ecotech IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Apex Ecotech IPO through their official website or helpline.
The Apex Ecotech IPO GMP (Grey Market Premium) is ₹45 as of Wed, Dec 4, 2024. Based on the upper price band of ₹73 per share, the estimated Apex Ecotech IPO listing price is ₹118, indicating a potential listing gain of approximately 31% over the issue price.