Apex Ecotech Ltd

Apex Ecotech Ltd IPO

IPO Price Range: ₹71 - 73

Our Company, Apex Ecotech Limited (formerly known as Apex Ecotech Private Limited), led by a team of engineering professionals, offers comprehensive solutions for water & wastewater management. Our integrated system solutions cover a wide range of services including Industrial Water Treatment, Wastewater/ Effluent Treatment, Sewage Treatment, Zero Liquid Discharge. Our Company is involved in distributing a sustainable and cost-effective solution for water purification and water desalination system.

Min Investment

₹1,16,800

IPO Size

₹25 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Apex Ecotech Ltd

Open Date27 Nov 2024
Close Date29 Nov 2024
Allotment Date2 Dec 2024
Listing Date4 Dec 2024

Key Statistics

Bid Opening DateBid Opening Date27 Nov 2024
Bid Closing DateBid Closing Date29 Nov 2024
Allotment DateAllotment Date2 Dec 2024
Issue SizeIssue Size₹25.54Cr
Quantity in 1 lotQuantity in 1 lot1600

Strength and risks

Strength

Strength

  • Customization Expertise.

  • Experienced Promoter and management team with strong industry expertise and successful track record.

  • Sustainable business model.

  • Marquee clientele.


Risk

Risk

  • The Company has allotted Equity Shares during the preceding one year from the date of the DraftRed Herring Prospectus which may be lower than the Issue Price.

  • The company has certain outstanding litigation involving the company, promoters, directors. Any adverse outcome of which may adversely affect its business, reputation and results of operations.

  • Its dependence on key industries, such as Food Processing & Beverages, Oil & Edibles, and Metals& Mining, for an insignificant portion of its sales may pose a risk to the companys business.

  • Its revenue from operations is largely dependent on a few key customers who contribute asubstantial portion of its total revenue. The loss of any of its major customers due to any adversedevelopment may adversely affect its business, financial condition, results of operations and future prospects.

  • The company requires sizeable amounts of working capital for its continued operation and growth. its inability to meet the company working capital requirements could have a material adverse effect on its business, results of operations and financial condition.

  • The company relies on its in-house designing, engineering and construction teams for project execution. Loss of employee(s) may have an adverse effect on the execution of its projects.

  • For some its projects, the company relies on various third parties in the civil construction activities of installing its WWTPs and factors affecting the performance of their obligations could adversely affect its projects.

  • There are certain instances of delays in payment of statutory dues by it. Any further delays inpayment of statutory dues may attract financial penalties from the respective government authorities and in turn may have a material adverse impact on its financial condition and cash flows.

  • The company does not own the premises of its Registered, Corporate Office and Godowns.

  • The company deploy advanced technologies in the designing and installation of WWTPs. Any incapability to adopt a new technology or change in the requirement of a particular technology by the Industries may affect its position for WWTPs.

Promoters Holding

Investors Holdings %
Anuj Dosajh28.49%
Ramakrishnan Balasundaram Aiye28.49%
Ajay Raina18.67%
Lalit Mohan Datta18.68%
Poonam Dosajh0%

About Apex Ecotech Ltd

OrganisationApex Ecotech Ltd
HeadquartersPune
IndustryCapital Goods-Non Electrical Equipment

Frequently Asked Questions

  • What is the size of the Apex Ecotech Ltd IPO?

    The size of the Apex Ecotech Ltd IPO is ₹25.54Cr .

  • What is 'pre-apply' for Apex Ecotech Ltd IPO?

    'Pre-apply' for Apex Ecotech Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Apex Ecotech Ltd IPO order be placed?

    Your Apex Ecotech Ltd IPO order will be placed on 27 Nov 2024.

  • What are the open and close dates of the Apex Ecotech Ltd IPO?

    The open and close dates of the Apex Ecotech Ltd IPO are 27 Nov 2024 to 29 Nov 2024.

  • What is the lot size and minimum order quantity of the Apex Ecotech Ltd IPO?

    The lot size and minimum order quantity of the Apex Ecotech Ltd IPO are 1600 and 1600 respectively.

  • What would be the listing gains on the Apex Ecotech Ltd IPO?

    The potential listing gains on the Apex Ecotech Ltd IPO will depend on various market factors and cannot be predicted with certainty.