Apex Ecotech undertakes turnkey projects in the water & wastewater treatment, recycling and reuse for myriad applications. The company is committed to providing sustainable, reliable, and energy efficient solutions in line with global standards and advanced technologies. The key services offered by the company includes raw water treatment for industrial processes, effluent & sewage treatment plants, Sludge Dewatering Equipment, recycling of pretreated wastewater through Membrane systems (Ultrafilteration, nano filtration, reverse osmosis, Disc Type RO, etc.) and Thermal/Vapor compression-based evaporators and crystallizers. It serves customers across industries, including Automobile, food processing, milk & dairy, chemical, oil & edibles, electronics, healthcare, pharmaceutical, etc.
Apex Ecotech IPO open date is November 27, 2024 and the IPO will close on November 29, 2024. Apex Ecotech IPO is a Book Built Issue. Apex Ecotech IPO price band is ₹71 to ₹73 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Apex Ecotech IPO to list on NSE on December 4, 2024. The allotment of Apex Ecotech IPO date is December 2, 2024. The company reported Profit of ₹6.63 crores in 2024 against Profit of ₹3.52 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Apex Ecotech IPO Details
| IPO Open Date: | November 27, 2024 |
| IPO Close Date: | November 29, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹71 to ₹73 Per Share |
| Issue Size: | Approx ₹25.54 Crores |
| Fresh Issue: | Approx ₹25.54 Crores |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Apex Ecotech IPO Timeline
The Apex Ecotech IPO date is November 27 and the close date is November 29. The Apex Ecotech IPO allotment will be finalized on December 2 and the IPO listing on December 4.
| IPO Open Date: | November 27, 2024 |
| IPO Close Date: | November 29, 2024 |
| Basis of Allotment: | December 2, 2024 |
| Refunds: | December 3, 2024 |
| Credit to Demat Account: | December 3, 2024 |
| IPO Listing Date: | December 4, 2024 |
Apex Ecotech IPO Market Lot
The Apex Ecotech IPO minimum market lot is 1600 shares with ₹₹116,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,600 | ₹₹116,800 |
| Retail Maximum | 1 | 1,600 | ₹₹116,800 |
| S-HNI Minimum | 2 | 3,200 | ₹233,600 |
Apex Ecotech Limited Financial Overview: Key Metrics and Performance
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 | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3,268.00 | 2,555.93 | 1,767.81 | 978.73 |
| Revenue | 2,182.60 | 5,346.49 | 3,492.06 | 2,002.86 |
| Profit After Tax | 155.26 | 663.04 | 352.10 | -65.86 |
| Net Worth | 1,628.82 | 1,473.56 | 722.52 | 370.43 |
| Reserves and Surplus | 660.22 | 1,376.70 | 631.16 | 279.07 |
| Total Borrowing | 121.13 | 42.13 | 58.24 | 110.10 |
