Apex Ecotech Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,648,000 (47%) | — | ₹1,203 Cr |
| NII (HNI) | — | 496,000 (14%) | — | ₹362 Cr |
| Retail | — | 1,155,200 (33%) | — | ₹843 Cr |
| Market Maker | — | 200,000 (6%) | — | ₹15 Cr |
| Σ Total | — | 3,499,200 (100%) | — | ₹25,544 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹116,800 |
| Retail (Max) | 13 | 20,800 | ₹1,518,400 |
| S-HNI (Min) | 14 | 22,400 | ₹1,635,200 |
| B-HNI (Min) | 67 | 107,200 | ₹7,825,600 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 2,183 | 5,346 | 3,492 |
| Profit After Tax | 155 | 663 | 352 |
| Net Worth | 1,629 | 1,474 | 723 |
| Total Assets | 3,268 | 2,556 | 1,768 |
| Reserves & Surplus | 660 | 1,377 | 631 |
| Total Borrowing | 121 | 42 | 58 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet Working Capital Requirements; –
- To meet Working Capital Requirements; –
- To meet Public Issue Expenses. –
Company Overview
Founded in 2009, Apex Ecotech Limited provides water and wastewater treatment, recycling, and reuse solutions.
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 (Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, etc.) and Thermal / Vapor Compression- based Evaporators & Crystallizers for Zero Liquid Discharge systems. In addition, the company also offers its customers after-sales support as well as operation and maintenance services.
Apex Ecotech's customers include Aditya Birla Group, Ashok Leyland, Apotex Research, Bharatiyam, Escorts Kubota, Haldiram, Hero Motocorp, Honda Cars, Honda Scooters & Motorcycle, HUL, Jubilant, Kohler, Lenskart, Mahindra & Mahindra, PepsiCo, Piramal Pharma, Reckitt Benckiser, Shimizu Corporation, SMCC, Takenaka and many more esteemed users.
The company has successfully supplied complete ZLD systems achieving more than 98% overall recovery for water reuse applications such as process water applications, boiler feed, cooling tower make-up water, air washers, horticulture, toilet flushing, etc.
Competitive strengths:
- In-house design, engineering, and execution team
- Experienced Promoters and Management Team
- Integrated expertise and solid partnerships
- Track record of successful projects
- Geographical presence
- Strong customer relationships
As of July 29, 2024, the company employed 118 full-time employees (including executive directors).