Apex Ecotech Limited provides comprehensive water and 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 (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.
As of July 29, 2024, the company employed 118 full-time employees (including executive directors).
Apex Ecotech IPO – Details
| IPO Opening Date | 27 November 2024 |
| IPO Closing Date | 29 November 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 34,99,200 Shares Worth ₹25.54 Crore Fresh Issue: 34,99,200 Shares Worth ₹25.54 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹71 – ₹73 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Apex Ecotech IPO – Date Schedule
| IPO Open Date | 27 November 2024 |
| IPO Close Date | 29 November 2024 |
| Basis of Allotment | 02 December 2024 |
| Initiation of Refund | 03 December 2024 |
| Credit of Shares to Demat Account | 03 December 2024 |
| IPO Listing Date | 04 December 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 29, 2024 |
Apex Ecotech IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,16,800 |
| Retail (Max) | 1 | 1600 | ₹1,16,800 |
| HNI (Min) | 2 | 3200 | ₹2,33,600 |
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.
Company Promoters
- Mr. Anuj Dosajh
- Mr. Ramakrishnan Balasundaram Aiyer
- Mr. Ajay Raina
- Mr. Lalit Mohan Datta
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 20.02 | 20.54 | -0.65 | 1.10 |
| 31 March 2023 | 34.92 | 30.76 | 3.52 | 0.58 |
| 31 March 2024 | 53.46 | 44.48 | 6.63 | 0.42 |
Key Performance Indicator
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.85 | 5.03 |
| P/E (x) | 10.66 | 14.52 |
Object Of The Issue
- To meet Working Capital Requirements;
- General corporate purposes; and
- To meet Public Issue Expenses.
Apex Ecotech IPO Promoter Holding
| Pre Issue Share Holding | 94.32% |
| Post Issue Share Holding | – |
Apex Ecotech IPO Prospectus
- Apex Ecotech IPO DRHP
- Apex Ecotech IPO RHP
Company Contact Information
| 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/ |
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(s)
| 1. Share India Capital Services Private Limited |
Apex Ecotech IPO FAQs
| What is Apex Ecotech IPO? Apex Ecotech IPO is an SME IPO. The issue is priced at ₹71 and ₹73 per equity share. The IPO is to be listed on NSE SME. |
| When Apex Ecotech IPO will open? The IPO is to open on 27 November 2024 for QIB, NII, and Retail Investors. |
| What is Apex Ecotech IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Apex Ecotech IPO? You can apply Apex Ecotech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Apex Ecotech IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Apex Ecotech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Apex Ecotech IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Apex Ecotech IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Apex Ecotech IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Apex Ecotech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Apex Ecotech IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Apex Ecotech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Apex Ecotech IPO Size? Apex Ecotech IPO size is ₹25.54 Crore. |
| What is Apex Ecotech IPO Price Band? Apex Ecotech IPO Price Band is ₹71 – ₹73. |
| What is Apex Ecotech IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1600 Shares with ₹1,16,800 amount while the maximum bid is 1600 Shares with ₹1,16,800. |
| What is the Apex Ecotech IPO Allotment Date? Apex Ecotech IPO allotment date is 02 December 2024. |
| What is the Apex Ecotech IPO Listing Date? Apex Ecotech IPO listing date is 04 December 2024. The IPO is to be listed on NSE SME. |
