| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹25.54 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹25.54 Cr |
| Fresh Issue | ₹24.08 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน71.00-73.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | APEXECO |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Share India Capital Services... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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:
As of July 29, 2024, the company employed 118 full-time employees (including executive directors).
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet Working Capital Requirements | 17.00 |
| 2 | General corporate purpose | 6.16 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 32.68 | 25.56 | 17.68 | 9.79 |
| Total Income | 21.83 | 53.46 | 34.92 | 20.03 |
| Profit After Tax | 1.55 | 6.63 | 3.52 | -0.66 |
| NET Worth | 16.29 | 14.74 | 7.23 | 3.70 |
| Reserves and Surplus | 6.60 | 13.77 | 6.31 | 2.79 |
| Total Borrowing | 1.21 | 0.42 | 0.58 | 1.10 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2024 |
|---|---|
| ROE | 10.01% |
| ROCE | 12.02% |
| Debt / Equity | 0.07% |
| RoNW | 10.01% |
| PAT Margin | 7.15% |
| Price to Book Value | 4.34 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.85 | 2.36 |
| P/E (x) | 10.66 | 31 |
| Promoter Holding | 94.32% | 69.29% |
| Market Cap | โน96.25 Cr. | |