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Apex Ecotech Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹73
Per Share
GMP
NIL
Grey Market
Est. Listing
₹73
Expected Price
Min. Application
₹233,600
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹73 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size34,99,200 shares (aggregating up to ₹25.54 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 27 Nov 2024
Subscription CloseFri, 29 Nov 2024
Anchor AllotmentTue, 26 Nov 2024
Basis of AllotmentMon, 02 Dec 2024
Initiation of RefundsTue, 03 Dec 2024
Credit of Shares to DematTue, 03 Dec 2024
Listing DateWed, 04 Dec 2024
UPI Mandate Deadline2024-11-29
Application & Investment Details
Retail — Min (1 Lots)₹1,16,800 — 1,600 shares
Retail — Max (13 Lots)₹1,518,400 (13 Lots)
HNI — Min (2 Lots)₹2,33,600 — 3,200 shares
EPS (Pre-IPO)₹6.85
EPS (Post-IPO)₹2.36
P/E Ratio (Pre-IPO)10.66x
P/E Ratio (Post-IPO)31x
Net Offer to Public32,99,200 shares (aggregating up to ₹24.08 Cr)
Reserved for Market Maker2,00,000 shares (aggregating up to ₹1.46 Cr)
Pre-IPO Promoter Holding96,86,000 shares
Post-IPO Promoter Holding1,31,85,200 shares
About Apex Ecotech Ltd

Founded in 2009, Apex Ecotech Limited provides water and wastewater treatment, recycling, and reuse solutions.The company's services include setting up Raw Water Treatment Plants for industrial processes, Effluent & Sewage Treatment Plants to meet pollution norms, providing Sludge Dewatering Equipment, recycling of pre-treated wastewater through membrane systems (Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, etc.) and Thermal / Vapor Compression- based Evaporators & Crystallizers for Zero Liquid Discharge systems. In addition, the company also offers its customers after-sales support as well as operation and maintenance services.Apex Ecotech's customers include Aditya Birla Group, Ashok Leyland, Apotex Research, Bharatiyam, Escorts Kubota, Haldiram, Hero Motocorp, Honda Cars, Honda Scooters & Motorcycle, HUL, Jubilant, Kohler, Lenskart, Mahindra & Mahindra, PepsiCo, Piramal Pharma, Reckitt Benckiser, Shimizu Corporation, SMCC, Takenaka and many more esteemed users.The company has successfully supplied complete ZLD systems achieving more than 98% overall recovery for water reuse applications such as process water applications, boiler feed, cooling tower make-up water, air washers, horticulture, toilet flushing, etc.Competitive strengths:In-house design, engineering, and execution teamExperienced Promoters and Management TeamIntegrated expertise and solid partnershipsTrack record of successful projectsGeographical presenceStrong customer relationshipsAs of July 29, 2024, the company employed 118 full-time employees (including executive directors).

Objects of the Issue

Apex Ecotech Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
To meet Working Capital Requirements;
2
To meet Working Capital Requirements;
3
To meet Public Issue Expenses.
Shareholding & Lock-in
Pre-IPO Promoter Holding 96,86,000 shares
Post-IPO Promoter Holding 1,31,85,200 shares
Check AllotmentCheck Status →
Apex Ecotech Ltd — Live Price LIVE
₹73.00
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Issue ₹73.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹73
GMPNIL
Est. Listing₹73
Lot Size1,600 shares
Min Amount₹233,600
Listing Date04 Dec 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹73
Listing Date04 Dec 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 200,000 ₹1.46 Cr
TOTAL 3,499,200 100.00% ₹25.54 Cr
* Based on ₹73.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹73.00
Per Share
Min Investment
₹116,800
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹116,800
Retail (Max) 13 20,800 ₹1,518,400
sNII (Min) 14 22,400 ₹1,635,200
bNII (Min) 68 108,800 ₹7,942,400
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 2182.60 5346.49 3492.06
EBITDA N/A N/A N/A
Profit After Tax (PAT) 155.26 663.04 352.10
Net Worth 1628.82 1473.56 722.52
Total Assets 3268.00 2555.93 1767.81
Reserves & Surplus 660.22 1376.70 631.16
Total Borrowings 121.13 42.13 58.24
Key Ratios & Valuation
Issue Price ₹73
Face Value ₹10 Per Share
P/BV 4.34
RoE 10.01%
RoCE 12.02%
RoNW 10.01%
PAT Margin (%) 7.15%
EBITDA Margin (%) N/A
Debt / Equity 0.07
Company Details
Company
Apex Ecotech Ltd
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Office No. 202, Garden Plaza, Five Gardens Road, Sunshine Villas, Rahatani, Pimpri Waghire, Pune, Maharashtra, 411017
Book Running Lead Managers
Share India Capital Services Pvt.Ltd
Book Running Lead Manager (BRLM)