Exploring investment opportunities often leads to exciting prospects in the IPO market. One of the much-anticipated listings, the Apex Ecotech Limited IPO, offers investors a chance to participate in a unique growth story.
With its blend of innovative offerings and strategic vision, the company aims to make an impact in its sector. For those following upcoming ipos, this issue could be worth a closer look. Covering its issue date, price, and lot size, this blog provides insights for seasoned and new investors alike. Read ahead to understand more about this IPO investment opportunity and what makes it a noteworthy addition to the SME segment.
Apex Ecotech Limited IPO is a book-built issue valued at ₹25.54 crores, consisting entirely of a fresh issue of 34.99 lakh shares.
This SME IPO is set to open for subscription on November 27 2024, and will close on November 29 2024. The allotment process for the Apex Ecotech Limited SME IPO is expected to be finalised on December 2 2024, with the listing anticipated on the NSE SME platform on December 4 2024.
For investors exploring upcoming ipos, this offering presents an opportunity to consider a promising IPO investment in the SME sector.
The Apex Ecotech Limited IPO comes with a price band set at ₹71 to ₹73 per share. Investors can apply for a lot size of a minimum of 1,600 shares. This means that the minimum investment required for retail investors is ₹116,800, while HNIs need to invest in at least two lots (3,200 shares), amounting to ₹233,600.
This upcoming IPO is managed by Share India Capital Services Private Limited as the lead manager, with Kfin Technologies Limited acting as the registrar. Share India Securities handles the market-making responsibility for this SME IPO. Investors keen on exploring IPO investments in the SME segment can consider this opportunity while keeping an eye on key details.
| Apex Ecotech Limited IPO open date | November 27, 2024 (Wednesday) |
| Apex Ecotech Limited IPO close date | November 29, 2024 (Friday) |
| Allotment allocation | December 2, 2024 (Monday) |
| Refund initiation | December 3, 2024 (Tuesday) |
| Crediting shares to DEMAT | December 3, 2024 (Tuesday) |
| Listing date | December 4, 2024 (Wednesday) |
| Cut-off time for UPI mandate confirmation | November 29, 2024, by 5 PM |
Established in 2009, Apex Ecotech Limited specialises in water and wastewater treatment, offering recycling and reuse solutions for diverse applications.
The company provides services like setting up Raw Water Treatment Plants for industrial needs, Effluent & Sewage Treatment Plants for compliance with pollution norms, and advanced Sludge Dewatering Equipment.
It also focuses on wastewater recycling through membrane systems, including Ultrafiltration, Nanofiltration, Reverse Osmosis, and Disc Type RO. Apex Ecotech further delivers cutting-edge Thermal and Vapor Compression-based Evaporators & Crystallizers for Zero Liquid Discharge (ZLD) systems alongside after-sales support and operation and maintenance services.
The company boasts a robust customer base, including renowned names like Aditya Birla Group, Honda, Mahindra & Mahindra, PepsiCo, and HUL. With competitive strengths like an in-house team, proven expertise, and strong customer relationships, Apex Ecotech holds significant potential for upcoming IPO investors.
Apex Ecotech Limited reported a 53.1% growth in revenue and an impressive 88.31% increase in profit after tax between the financial years 2023 and 2024. The company’s market capitalisation for its upcoming IPO stands at ₹96.25 crore. As of now, the Grey Market Premium (GMP) for the Apex Ecotech IPO remains unannounced, with the current GMP listed at ₹0.
| Period ended | 31st March 2024 | 31st March 2023 | 31st March 2022 |
| Total 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 |
| Borrowing | 42.13 | 58.24 | 110.10 |
*Amount in ₹ Lakhs
Apex Ecotech Limited has built a strong foundation in the water and wastewater treatment industry, making its upcoming IPO an interesting choice for IPO investments. Its competitive advantages highlight the company’s ability to meet industrial demands efficiently.
While Apex Ecotech presents many strengths, certain risks and challenges must be considered when evaluating this IPO investment. These factors could influence its performance in the competitive industry landscape.
The Apex Ecotech Limited IPO brings attention to a company that stands out for its expertise in water and wastewater treatment solutions. With a diverse product portfolio and a proven track record of successful projects, Apex Ecotech is well-positioned to cater to industries seeking sustainable operations. Its commitment to Zero Liquid Discharge systems and high water recovery aligns with modern environmental standards, making it attractive to forward-thinking investors. However, potential investors should weigh sectoral challenges, including regulatory dependencies and project execution risks, while evaluating this SME IPO. This IPO could appeal to those focused on green technology and sustainability.
Apex Ecotech Limited’s IPO reflects the growing importance of sustainable industrial solutions. Investors seeking opportunities in green technologies may find this IPO worth exploring. However, a thorough evaluation of market challenges is essential for making informed decisions.
1. What is the price band for the Apex Ecotech IPO?
The price band for the Apex Ecotech IPO is set between ₹71 and ₹73 per share.
2. What is the minimum lot size for retail investors?
Retail investors can apply for a lot size of 1,600 shares, amounting to ₹116,800.
3. When is the listing date for the Apex Ecotech IPO?
The Apex Ecotech IPO is expected to list on the NSE SME on Wednesday, December 4 2024.
For android only