Apex Ecotech Limited IPO Details
SME
Apex Ecotech IPO opens for subscription on 27 Nov 2024 and closes on 29 Nov 2024. The IPO will be listed on NSE with the tentative listing date set for 04 Dec 2024.
Apex Ecotech IPO price band has been fixed at ₹71 – ₹73 per share.The face value is ₹10 per share with a lot size of 1600.
Apex Ecotech IPO total issue size comprises 34,99,200 shares (aggregating up to ₹25.54 Cr). This includes a fresh issue of 34,99,200 shares (aggregating up to ₹25.54 Cr). Pre-issue shareholding stands at 96,86,000, which will increase to 1,31,85,200 post-issue.
Apex Ecotech IPO carries a ₹45 (61.6%) GMP, reflecting investor sentiment.
Apex Ecotech IPO Lot Size : Retain Minimum is 1 lot (1,600 shares) amounting to ₹116,800. Retain Maximum is 1 lot (1,600 shares) amounting to ₹116,800. SHNI Minimum is 2 lots (3,200 shares) amounting to ₹233,600.
The Lead Managers for Apex Ecotech IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Share India Capital Services Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Share India Securities. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Apex Ecotech Limited RHP.
Apex Ecotech IPO Details
Apex Ecotech IPO Subscription
Apex Ecotech IPO Application Wise Breakup
Apex Ecotech IPO Dates
- 27 Nov 2024Opening dateOPD
- 29 Nov 2024Closing dateCOD
- 02 Dec 2024Allotment Date BOA
- 03 Dec 2024Initiation of RefundsIOR
- 03 Dec 2024Credit of SharesCOS
- 04 Dec 2024Listing dateLID
Apex Ecotech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1600 | ₹116,800 |
| Retain Maximum | 1 | 1600 | ₹116,800 |
| SHNI Minimum | 2 | 3200 | ₹233,600 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
Apex Ecotech IPO Reservation
Promoter Holding
Apex Ecotech IPO Valuations
Apex Ecotech Financial Information
Apex Ecotech Limited's revenue increased by 53.1% and profit after tax (PAT) rose by 88.31% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,555.93 | 1,767.81 | 978.73 |
| Revenue | 5,346.49 | 3,492.06 | 2,002.86 |
| Profit After Tax | 663.04 | 352.10 | -65.86 |
| Net Worth | 1,473.56 | 722.52 | 370.43 |
| Reserves and Surplus | 1,376.70 | 631.16 | 279.07 |
| Total Borrowing | 42.13 | 58.24 | 110.10 |
| Amount in ₹ Lakhs | |||
About Apex Ecotech IPO
Founded in 2009, Apex Ecotech Limited provides comprehensive water and wastewater treatment, recycling, and reuse solutions for a variety of applications.
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 team
- Experienced Promoters and Management Team
- Integrated expertise and solid partnerships
- Track record of successful projects
- Geographical presence
- Strong customer relationships
As of July 29, 2024, the company employed 118 full-time employees (including executive directors).
Strength Of Apex Ecotech IPO
1. Customization Expertise.
2. Experienced Promoter and management team with strong industry expertise and successful track record.
3. Sustainable business model.
4. Marquee clientele.
Risk Of Apex Ecotech IPO
1. We have certain outstanding litigation involving our company, promoters, directors. Any adverse outcome of which may adversely affect our business, reputation and results of operations.
2. Our revenue from operations is largely dependent on a few key customers who contribute a substantial portion of our total revenue. The loss of any of our major customers due to any adverse development may adversely affect our business, financial condition, results of operations and future prospects.
3. We require sizeable amounts of working capital for our continued operation and growth. Our inability to meet our working capital requirements could have a material adverse effect on our business, results of operations and financial condition.
4. Our Order Book may not be representative of our future results and our actual income may be significantly less than the estimates reflected in our Order Book, which could adversely affect our results of operations.
5. We rely on our in-house designing, engineering and construction teams for project execution. Loss of employee(s) may have an adverse effect on the execution of our projects.
6. For some our projects, we rely on various third parties in the civil construction activities of installing our WWTPs and factors affecting the performance of their obligations could adversely affect our projects.
7. There are certain instances of delays in payment of statutory dues by us. Any further delays in payment of statutory dues may attract financial penalties from the respective government authorities and in turn may have a material adverse impact on our financial condition and cash flows.
8. We deploy advanced technologies in the designing and installation of WWTPs. Any incapability to adopt a new technology or change in the requirement of a particular technology by the Industries may affect our position for WWTPs.
9. Our operations are subject to environmental and workers' health and safety laws and regulations. We may have to incur material costs to comply with these regulations or suffer material liabilities or damages in the event of an incidence or non-compliance of environment and other similar laws and regulations which may have a material adverse effect on our reputation, business, financial condition and results of operations.
10. Our actual cost in executing WWTPs may vary substantially from the assumptions underlying our estimates. We may be unable to recover all or some of the additional costs and expenses, which may have a material adverse effect on our results of operations, cash flows and financial condition.
Objectives Apex Ecotech IPO
- To meet Working Capital Requirements;
- General corporate purposes; and
- To meet Public Issue Expenses.
Company Contact Details
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/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports