Apex Ecotech IPO GMP, Open Date, Price Band, Allotment Status

Apex Ecotech IPO open date is on 27 November to 29 November 2024. This new IPO is a book-built issue of Rs 25.54 crores. This upcoming IPO is a completely fresh issue of 34.99 lakh equity shares.

Apex Ecotech IPO price band is Rs 71 to Rs 73 per share. The lot size is 1600 shares and the allotment date is finalised on Monday, December 2, 2024. The minimum investment for the retail investors for 1 lot is Rs 1,16,800.

As of now, Apex Ecotech IPO GMP is 9 indicates mild bullish sentiment for this IPO among investors. The listing of this script will be at NSE SME platform.

Apex Ecotech IPO Allotment status and IPO subscription details will be available after the IPO closes. The allotment details will be visible on the registrar website. The registrar for Apex Ecotech IPO is Kfin Technologies Private Limited.

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Apex Ecotech IPO GMP

Apex Ecotech IPO GMP quotation is around Rs 9 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Apex Ecotech IPO GMP might rise in the coming days.

Apex Ecotech IPO Price Band

Apex Ecotech IPO price band is Rs 71  to Rs 73 per share. The minimum amount of investment for the retail category is to be around Rs 1,16,800. The minimum investment for HNI is 2 lots amounting to Rs 2,33,600.

Apex Ecotech IPO Open Date, Close Date 

Apex Ecotech IPO open date is 27 November 2024 and closing date is 29 November 2024. Initiation of refund date is December 3, 2024 and credit of shares will be on 3 December 2024.

Apex Ecotech IPO Allotment Status

Apex Ecotech IPO allotment status will be finalised on Monday, 2 December 2024. The listing will be on the NSE SME platform. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Apex Ecotech IPO Listing Date 

Apex Ecotech IPO's listing date is 4 December 2024. The Listing will be on both the NSE SME platform only. Retail investors can sell the shares after 10 AM on the listing day.

Apex Ecotech IPO: Listing Date, Lot Size, Price Band

Apex Ecotech IPO  Limited: About the Company

Apex Ecotech Limited founded in 2009, provides 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.

Apex Ecotech Limited competitive strength are: 1) In-house design, engineering, and execution team. 2) Experienced Promoters and Management Team. 3) Integrated expertise and solid partnerships. 4) Track record of successful projects. 5) Geographical presence. 6) Strong customer relationships.

Apex Ecotech IPO Objectives

The funds raised from Apex Ecotech IPO will be used for meeting the day-to-day capital needs of the company. Also, to fulfil the general corporate purposes and to meet the public issue expenses.

Apex Ecotech IPO: Key Dates, Allotment, Listing Date

Apex Ecotech IPO Subscription Details, IPO Reservation

Apex Ecotech IPO subscription details will be available after the IPO opens on 27 November 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Non-Institutional investors.

Apex Ecotech IPO Lot Size Details

Apex Ecotech IPO lot size is 1600 shares per lot. For retail, the minimum and maximum lot size is amounting to around Rs 1,16,800. For HNI minimum lot size is 2 lots amounting to Rs 2,33,600.

Apex Ecotech IPO Promoter Holdings

Apex Ecotech IPO promoters are Anuj Dosajh, Ramakrishnan Balasundaram Aiyer, Ajay Raina, and Lalit Mohan Datta. The promoters' shareholdings before the IPO were 94.32%; however, after the IPO, shareholdings will decline.

Apex Ecotech Limited Company Financials (in Lakhs)

Apex Ecotech Limited posted revenue of Rs 5,346.49 crore and net profit of Rs 663.04 crore for the period ending on 31 March 2024. The company’s revenue increased by 53.1% and PAT rose by 88.31% between the FY ending on 31 March 2024 and 31 March 2023.

Apex Ecotech IPO Registrar

Apex Ecotech IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Apex Ecotech IPO Lead Managers

Apex Ecotech IPO lead managers are Share India Capital Services Private Limited. The market maker of the SME IPO is Share India Securities.

How to apply to Apex Ecotech IPO 

Interested investors can apply to the Apex Ecotech IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Apex Ecotech IPO Review 

Apex Ecotech IPO may get a decent neutral response from the general public. The company is involved in waste and waste - water treatment business. So, investors interested in the Engineering sector can apply to this IPO.

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Apex Ecotech IPO GMP will also rise.

Apex Ecotech IPO FAQ

1. What are the details of the Apex Ecotech IPO?

Apex Ecotech IPO  IPO is a book-built issue of Rs 25.54 crores. This upcoming IPO is a completely fresh issue of 34.99 lakh equity shares.

2. When will the Apex Ecotech IPO open and close?

Apex Ecotech IPO open date is 27 November 2024 and closing date is 29 November 2024. Initiation of refund date is December 3, 2024 and credit of shares will be on 3 December 2024.

3. What is Apex Ecotech IPO GMP?

Apex Ecotech IPO GMP quotation is around Rs 9 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Apex Ecotech IPO GMP might rise in the coming days.

4. What are the details of Apex Ecotech IPO reservation?

Apex Ecotech IPO subscription details will be available after the IPO opens on 27 November 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

Apex Ecotech IPO allotment status will be finalised on Monday, 2 December 2024. The listing will be on the NSE SME platform. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Apex Ecotech IPO?

Apex Ecotech IPO's registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. Share India Capital Services Private Limited are the lead managers.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?