Apex Ecotech
Listed
Listed
IPO Timeline
Issue open date
27 Nov 2024Issue close date
29 Nov 2024UPI mandate deadline
29 Nov 2024Allotment finalization
2 Dec 2024Refund initiation
3 Dec 2024Share credit
3 Dec 2024Listing date
4 Dec 2024Mandate end date
14 Dec 2024Lock-in end date for anchor investors (50%)
1 Jan 2025Lock-in end date for anchor investors (remaining)
2 Mar 2025Key Dates
Open
27 Nov 2024Close
29 Nov 2024Listing
4 Dec 2024Quick Stats
Issue Size:26cr
Lot Size:1600 shares
About the Company
Apex Ecotech Limited, founded in 2009, provides water and wastewater treatment solutions, focusing on recycling and reuse. Its services include setting up raw water treatment plants, effluent & sewage treatment plants, sludge dewatering equipment, and advanced systems like ultrafiltration, nanofiltration, and reverse osmosis. The company also delivers Zero Liquid Discharge (ZLD) systems, after-sales support and maintenance services. With a client base that includes Aditya Birla Group, Hero Motocorp, Honda Cars, and PepsiCo, the company has implemented systems achieving over 98% recovery for applications such as boiler feed, cooling tower makeup, and horticulture.
Strengths
- In-house team ensures efficient execution and adherence to specifications.
- Expertise in complex water and wastewater treatment projects.
- Promoters and management with 120+ years of combined experience.
- Strong partnerships with reliable vendors and technology providers.
- Presence across India and international markets for diverse opportunities.
Risks
- Revenue concentration in key industries and Maharashtra-dependent supply chain pose risks.
- High working capital needs and debt reliance strain financial stability.
- Limited long-term contracts expose revenue to variability.
- Cost overruns in projects and inflation risks affect profitability.
- Compliance delays and high debt burden impact operations and credit ratings.
Apex Ecotech IPO – Frequently Asked Questions
- The price band for the Apex Ecotech IPO is set at ₹71 to ₹73 per share.
- The Apex Ecotech IPO opens on November 27, 2024 and closes on November 29, 2024.
- The tentative listing date for the Apex Ecotech IPO is December 4, 2024.
- You can apply for the Apex Ecotech IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Apex Ecotech, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Apex Ecotech IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).