Apex Ecotech Limited (NSE SME)

Nov 27, 2024 - Nov 29, 2024

Price ₹71 - ₹73
Premium ₹0
Lot size 1600
Allotment Dec 2, 2024
Listing Dec 4, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 1600 116800 722
HNI 2 3200 233600 310
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail33.01%1155200
NII (HNI)14.17%496000
Anchor28.26%988800
QIB18.84%659200
Market Maker5.72%200000
Total 100.00%3499200

Apex Ecotech IPO Details

Issue Size3,499,200 shares
(aggregating up to ₹25.54 Cr)
Fresh Issue3,499,200 shares
(aggregating up to ₹25.54 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue9,686,000
Share holding post issue13,185,200
Market Maker portion200,000 shares
Market makerShare India Securities

Key Performance Indicator

 
KPISep-24Mar-24Mar-23
ROE10.01%60.38%64.43%
ROCE12.02%59.61%54.49%
RONW10.01%60.38%64.43%
D/E0.070.030.08
EPS (basic)1.607.253.85
P/E Pre IPO10.66
P/E Post IPO31

Company Financials

Apex Ecotech Limited Financial Information (Restated Standalone) In Lakhs.

Apex Ecotech Limited's revenue increased by 53.1% and profit after tax (PAT) rose by 88.31% between the financial year ending with March 31, 2024 and March 31, 2023.

PeriodSep-24Mar-24Mar-23Mar-22
Assets3,2682,5561,768979
Revenue2,1835,3463,4922,003
Profit155663352-66
Net Worth1,6291,474723370
Reserves6601,377631279
Borrowing1214258110

About Company

Founded in 2009, Apex Ecotech Limited specializes in providing comprehensive water and wastewater treatment, recycling, and reuse solutions across diverse applications. The company's offerings include setting up Raw Water Treatment Plants for industrial processes, Effluent and Sewage Treatment Plants to ensure compliance with pollution norms, and Sludge Dewatering Equipment. Apex Ecotech also provides advanced recycling systems for pre-treated wastewater using cutting-edge membrane technologies such as Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, and Thermal/Vapor Compression-based Evaporators & Crystallizers for Zero Liquid Discharge (ZLD) systems. Its services extend to after-sales support and operation and maintenance solutions. Renowned customers, including Aditya Birla Group, Ashok Leyland, Hero Motocorp, Honda Cars, PepsiCo, and Piramal Pharma, benefit from the company’s expertise in supplying complete ZLD systems that achieve over 98% water recovery for applications like boiler feed, cooling towers, air washers, horticulture, and more. As of July 29, 2024, Apex Ecotech employed 118 full-time employees, including executive directors, showcasing its capacity to serve an esteemed client base with innovative and efficient water management solutions.

Lead Manager(s)

Share India Capital Services Private Limited

Strength

In-House Capabilities: Dedicated design, engineering, and execution team ensures streamlined project delivery and quality control.

Experienced Leadership: Promoters and management bring extensive industry expertise, driving strategic growth.

Integrated Expertise and Partnerships: Strong collaborations and multi-disciplinary skills enhance operational efficiency and market reach.

Weakness

Outstanding Litigation: Legal proceedings involving the company, promoters, or directors could harm its business, reputation, and financial performance if outcomes are unfavorable.

Customer Concentration: Dependence on a few key customers poses a risk; losing any of them may significantly impact revenue and growth prospects.

Working Capital Requirements: Insufficient working capital could disrupt operations, hindering growth and affecting financial stability.
Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: apex.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/