Apex Ecotech IPO Details
| IPO Issue Open Date: | 27 November 2024 |
| IPO Issue Close Date: | 29 November 2024 |
| IPO Issue Price Band: | ₹71 to ₹73 per share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹25.54 Crores | 3,499,200 shares |
| Fresh Issue: | ₹25.54 Crores | 3,499,200 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Apex Ecotech IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Apex Ecotech IPO Dates Timeline
| Issue Open Date: | 27 November 2024 |
| Issue Close Date: | 29 November 2024 |
| Basis of Allotment Date: | 2 December 2024 |
| Refunds Initiation: | 3 December 2024 |
| Shares Credit in Demat: | 3 December 2024 |
| IPO Listing Date Detail: | 4 December 2024 |
Apex Ecotech IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 1600 shares =₹116,800 |
| Retail (Max) | 1 lots and 1600 shares = ₹116,800 |
| HNI (Min) | 2 lots and 3,200 shares = ₹233,600 |
| B-HNI Minimum | – |
Apex Ecotech IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹35 | ₹45,000 | ₹- | 48% |
| 27th Nov | ₹- | ₹- | ₹- | ₹- |
About Apex Ecotech
Apex Ecotech Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated April 01, 2009 in Maharashtra – Pune. Subsequently, the Company was converted into a Public Limited Company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of the Company held on March 26, 2024. The name of their Company was changed from “Apex Ecotech Private Limited” to “Apex Ecotech Limited” vide a fresh Certificate of Incorporation dated July 02, 2024 having CIN U29299PN2009PLC133737 issued by the Registrar of Companies, Central Processing Centre. The registered office of their company is situated at Office No 202, Garden Plaza, Five Gardens Road, Sunshine Villas, Rahatani, Pune, Maharashtra-411017, India.
Apex Ecotech Limited is an ISO 9001:2015 certified company. It is fronted by experienced & knowledgeable engineering professionals and undertakes turnkey projects in the industry providing comprehensive solutions for water & wastewater treatment, recycling and reuse for myriad applications. Their services include setting up Raw Water Treatment for industrial processes, Effluent & Sewage Treatment Plants to meet pollution norms, providing Sludge Dewatering Equipment, recycling of pretreated wastewater through Membrane systems (Ultrafiltration, Nano Filtration, Reverse Osmosis, Disc Type RO etc.) and Thermal / Vapor Compression-based Evaporators & Crystallizers for Zero Liquid Discharge Systems. Furthermore, they offer and provide after sales support along with Operation & Maintenance services to their clients.
Apex Ecotech IPO Strengths
- In house designing, engineering and execution team
- Experienced Promoters and Management Team
- Integrated Expertise and Robust Partnerships
- Track Record of Successful Projects
- Strong Client Relationships
- Track Record of Successful Projects
Objects of the IPO Issue
- To meet Working Capital Requirements;
- General corporate purposes; and
- To meet Public Issue Expenses.
Apex Ecotech Company Financial Report
The company reported revenue of ₹53.46 crores in 2024 against ₹34.92 crores in 2023. The company reported a profit of ₹6.63 crores in 2024 against a loss of ₹3.52 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹20.03 | ₹20.55 | ₹0.66 | ₹9.79 |
| 2023 | ₹34.92 | ₹30.76 | ₹3.52 | ₹17.68 |
| 2024 | ₹53.46 | ₹44.49 | ₹6.63 | ₹25.56 |
Apex Ecotech IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 60.38% |
| ROCE: | 59.61% |
| EBITDA Margin: | 16.73% |
| PAT Margin: | 12.49% |
| Debt to equity ratio: | 0.03 |
| Earning Per Share (EPS): | ₹7.25 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 60.38% |
| Net Asset Value (NAV): | 60.38% |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| ION Exchange Limited | 13.32 | 53.89 | 21.06% | 69.53 | 2,347.85 Cr. |
| VA Tech Wabag Limited | 36.87 | 34.10 | 14.45% | 293.28 | 2,856.40 Cr. |
Apex Ecotech IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: apex.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Apex Ecotech IPO Lead Manager
- Share India Capital Services Private Limited
Apex Ecotech IPO allotment status check on Link Intime website. Click on Kfin Technologies to get allotment status.
Promoters of Apex Ecotech
- Mr. Anuj Dosajh
- Mr. Ramakrishnan Balasundaram Aiyer
- Mr. Ajay Raina
- Mr. Lalit Mohan Datta
Company Address
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/