Apex Ecotech Limited IPO

Apex Ecotech's IPO offers 35 lakh shares worth ₹25.54 Cr to meet working capital needs and fund general corporate purposes.

Important Details

Open Date : November 27, 2024 Close Date : November 29, 2024 Allotment Date: December 2, 2024 Listing Date: December 4, 2024

Important Details

IPO Price: INR 71-73 per share Lot Size:1600 Shares. Total Issue Size: INR 25.54 crores

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Fundamental Analysis

Apex Ecotech IPO shows mixed performance: 1. Steady revenue growth, improved profitability. 2. Higher EPS, RoNW, assets, and inventory turnover. 3. Growth despite higher debt-equity and liquidity challenges.

Peer Comparison

Apex Ecotech IPO Peer Comparison: 1. Apex Ecotech: Strong standalone growth. 2. ION Exchange & VA Tech Wabag: Better consolidated performance, higher earnings, market efficiency.

Objective

Apex Ecotech's main objective is to meet working capital requirements.

Risks And Challenges

Apex Ecotech IPO Risks: 1. Risks: Legal issues, key customer reliance. 2. Challenges: Working capital, delayed payments. 3. Impact: Stability, liquidity, growth.