Apex Ecotech Limited
Bookbuilding IPO · NSE
- Price band
- ₹71 - ₹73
- Lot size
- 1,600 shares
- Issue amount
- ₹25.54 cr
- Total subscription
- 457.15×
- Opens
- 27 Nov 2024
- Closes
- 29 Nov 2024
- Allotment
- 2 Dec 2024
- Listing
- 4 Dec 2024
Offer at a glance
Issue overview
- Issue size
- 34,99,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,13,600
- Fresh issue
- ₹25.54 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,16,800
- Issue type
- Bookbuilding IPO
- Shares before issue
- 96,86,000
- Shares after issue
- 1,31,85,200
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 1,600 | ₹1,16,800 |
| HNI | 2 | 3,200 | ₹2,33,600 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 75 |
| NIB | — | 23,060 |
| RETAIL | — | 2,38,004 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 4.81 | 657.77 |
| RETAIL | 8.43 | 2,779.89 |
Financial performance
Company financials
In Lakhs. · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 1.6 | 7.25 | 3.85 |
| ROE | 10.01 | 60.38 | 64.43 |
| ROCE | 12.02 | 59.61 | 54.49 |
| RONW | 10.01 | 60.38 | 64.43 |
| PRE IPO(PE) | 10.66 | 0 | 0 |
| POST IPO(PE) | 31 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Apex Ecotech Limited, founded in 2009, provides end-to-end water and wastewater treatment, recycling, and reuse solutions for industrial and commercial applications. Its offerings include Raw Water Treatment Plants, Effluent and Sewage Treatment Plants, and Sludge Dewatering Equipment, along with advanced recycling systems powered by membrane technologies such as Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, and Thermal/Vapor Compression Evaporators & Crystallizers for Zero Liquid Discharge (ZLD) systems. The company also provides strong after-sales support and O&M services. With renowned clients like Aditya Birla Group, Ashok Leyland, Hero Motocorp, Honda Cars, PepsiCo, and Piramal Pharma, Apex Ecotech delivers complete ZLD solutions capable of recovering over 98% water for uses such as boiler feed, cooling towers, and horticulture. As of July 29, 2024, the company employed 118 full-time staff, including executive directors, reflecting its capacity to support complex and innovative water management projects.
Strengths
- In-house Expertise: Strong design, engineering, and execution capabilities.
- Experienced Leadership: Seasoned promoters driving strategic growth.
- Collaborative Edge: Integrated skills and partnerships boosting efficiency and reach.
Risk factors
- Legal Issues: Ongoing litigations may impact reputation and financial performance.
- Customer Dependence: Heavy reliance on a few clients increases revenue risk.
- Working Capital Pressure: Limited capital availability could disrupt operations and growth.
Promoters
Mr. Anuj Dosajh
Mr. Ramakrishnan Balasundaram Aiyer
Mr. Ajay Raina
Mr. Lalit Mohan Datta
Registrar & documents
Lead manager
Share India Capital Services Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No. 202, Garden Plaza, Five Gardens Road, Sunshine Villas, Rahatani, Pimpri Waghire, Pune -411017
+91-9999654360
[email protected]Company website ↗Understanding APEXECO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.