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Apex Ecotech Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Apex Ecotech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹73

Per Share

Lot Size

1600 Shares

Minimum Investment

₹1,16,800

Issue Size

₹25.54 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

35%

QIB Quota

50%

NII Quota

15%

IPO Timeline

Important dates for your applying strategy.

IPO Opens27 Nov
IPO Closes29 Nov
Basis of Allotment2 Dec
Refund Initiation3 Dec
Shares Credited3 Dec
Listing Date4 Dec
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)0.00x
Non-Institutional Investors (NII)0.00x
Retail Individual Investors (RII)0.00x
Overall Subscription420.73x

Apex Ecotech Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

94.32%

Promoter Holding (Post-Issue)

69.29%

Issue Type

Book Building - SME

ISIN

INE0T4V01015

About the 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. Its integrated system solutions cover a wide range of services including Industrial Water Treatment, Wastewater/ Effluent Treatment, Sewage Treatment, Zero Liquid Discharge. The Company is involved in distributing a sustainable and cost-effective solution for water purification and water desalination system.

Industry Overview

WASTEWATER Most human activities that use water produce wastewater. As the overall demand for water grows, the quantity of wastewater produced and its overall pollution load are continuously increasing worldwide. In all but mostly in least developed countries, the vast majority of wastewater is released directly to the environment without adequate treatment, with detrimental impacts on human health, economic productivity, the quality of ambient freshwater resources, and ecosystems. Although wastewater is a critical component of the water management cycle, water after it has been used is all too often seen as a burden to be disposed of or a nuisance to be ignored. The results of this neglect are now obvious. The immediate impacts, including the degradation of aquatic ecosystems and waterborne illness from contaminated freshwater supplies, have far-reaching implications on the well-being of communities and peoples' livelihoods. Continued failure to address wastewater as a major social and environmental problem would compromise other efforts towards achieving the 2030 Agenda for Sustainable Development. WASTE WATER IN NUMBERS Recently, few global studies have been carried out to estimate the wastewater volumes and make predictions for the future. For example, Qadir et al. (2020) estimated that 380 billion m3 of wastewater is generated annually across the world. Based on the rate of population growth and urbanization, the daily wastewater generated is expected to increase by 24% (470 billion m3) by the end of the SDG era in 2030 and 51% (574 billion m3) by 2050 over the current estimates. It is to be noted that, among the global regions, Asia generated the largest volumes of wastewater representing 42% (159 billion m3) of the wastewater globally. It is expected that by 2030 there will be an increase in the wastewater generation to 44%, and hence needs attention.

Company History

Apex Ecotech Limited was incorporated as Apex Ecotech Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated April 01, 2009, in Maharashtra- Pune. Subsequently, the Company was converted into a Public Limited Company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of the Company held on March 26, 2024 and the name of the Company was changed from "Apex Ecotech Private Limited" to "Apex Ecotech Limited" vide a fresh Certificate of Incorporation dated July 02, 2024 having CIN U29299PN2009PLC133737 issued by the Registrar of Companies, Central Processing Centre. The registered office of the company is situated at Office No 202, Garden Plaza, Five Gardens Road, Sunshine Villas, Rahatani, Pune-411017, Maharashtra, India.

Products & Services

  • Apex Ecotech Limited led by a team of engineering professionals, offers comprehensive solutions for water & wastewater management.

Growth Strategy

  • Developing and Maintaining Cost-Optimal Water and Wastewater Management Systems.
  • Strengthening its Core Abilities through Recruitment, Retention, and Training of Skilled Personnel.
  • Expansion of its geographical footprint.
  • Leveraging its market skills and relationship.

Customer Base

Wholesaler and Retailer

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Standalone figures
Financial Performance Categories

Revenue

+180%vs FY24

Amount in ₹ crore

53.1
71.0
149
FY24FY25FY26

Profit After Tax (PAT)

+157%vs FY24

Amount in ₹ crore

6.63
8.56
17.0
FY24FY25FY26

Total Assets

+249%vs FY24

Amount in ₹ crore

25.6
59.7
89.2
FY24FY25FY26

Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public issue of up to 34,99,200 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Apex Ecotech Limited (the "Company" or the "Issuer") for cash at a price of Rs. 73 per equity share including a share premium of Rs. 63 per equity share (the "Issue Price") aggregating up to Rs. 25.54 crores ("The Issue") of which up to 2,00,000 equity shares aggregating to Rs. 1.46 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of up to 32,99,200 equity shares aggregating to Rs. 24.08 crores (the "Net Issue"). The issue and the net issue will constitute 26.54% and 25.02% respectively of the post issue paid-up equity share capital of the company.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk Factors
  • Customization Expertise.
  • Experienced Promoter and management team with strong industry expertise and successful track record.
  • Sustainable business model.
  • Marquee clientele.
  • The Company has allotted Equity Shares during the preceding one year from the date of the Draft Red 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 company's business.
  • Its revenue from operations is largely dependent on a few key customers who contribute a substantial portion of its total revenue. The loss of any of its major customers due to any adverse development 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.

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
03

When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
04

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
05

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.
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