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Apex Ecotech Limited SME IPO
Issue Size (Net)
up to Rs.25.54 Cr
Price Band
Rs.71 to Rs.73 per share
Issue Opens
November 27, 2024
Issue Closes
November 29, 2024

Company Highlights

1.Company Information

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).

2. Objects of the Issue

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To meet Working Capital Requirements;
2. General corporate purposes; and
3. To meet Public Issue Expenses.

3.Apex Ecotech Limited SME IPO Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: apex.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Apex Ecotech Limited SME IPO Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Sep-24
3,268.00
2,182.60
155.26
1,628.82
660.22
121.13
31-Mar-24
2,555.93
5,346.49
663.04
1,473.56
1,376.70
42.13
31-Mar-23
1,767.81
3,492.06
352.1
722.52
631.16
58.24
Amount in Rs. Lakhs

Apex Ecotech Limited SME IPO Details

Issue Opening Date
November 27, 2024
Issue Closing Date
November 29, 2024
Face Value
Rs.10 per share
Price
Rs.71 to Rs.73 per share
Lot Size
1600 Shares
Issue Size
3,499,200 shares(aggregating up to Rs.25.54 Cr)
Fresh Issue
3,499,200 shares(aggregating up to Rs.25.54 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
9,686,000
Share holding post issue
13,185,200
Market Maker portion
200,000 shares

Apex Ecotech Limited SME IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Wednesday, November 27, 2024
Closing Date
Friday, November 29, 2024
Basis of Allotment
Monday, December 2, 2024
Initiation of Refunds
Tuesday, December 3, 2024
Credit of Shares to Demat
Tuesday, December 3, 2024
Listing Date
Wednesday, December 4, 2024
Cut-off time for UPI mandate confirmation
5 PM on November 29, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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