Apex Ecotech Ltd IPO
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Apex Ecotech Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 34.99 L | TBA | ₹ 11.55 L | ₹ 91.36 L | NSE | ₹ 25.54 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
27 Nov, 24 | 29 Nov, 24 | 1600 | ₹ 1,13,600 | Book Building - SME | 04 Dec, 24 |
Apex Ecotech Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Engineering |
Sub Sector | NA |
Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 54.68x | 1648000 | 90105600 |
NII | 1180.02x | 496000 | 585291200 |
Retail | 329.65x | 1155200 | 380806400 |
Employee | 0x | 0 | 0 |
Total | 301.84x | 3499200 | 1056203200 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Apex Ecotech Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 9.21 | 4.44 | -0.16 |
EBITDA | 9.44 | 4.72 | 0.20 |
PAT | 6.63 | 3.52 | -0.66 |
Total Assets | 24.26 | 16.27 | 8.20 |
Share Capital | 0.97 | 0.91 | 0.91 |
Total Borrowings | 12.35 | 4.28 | 3.76 |
Operating Activities (Net Cash) | 6.86 | 3.80 | -0.30 |
Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
Financing Activities (Net Cash) | 12.35 | 4.28 | 3.76 |
Net Cashflow | 1.91 | 2.15 | 0.14 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Apex Ecotech Ltd
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.
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.
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.
Peer Comparison:
- Ion Exchange (India) Ltd
- Va Tech Wabag Ltd
Apex Ecotech Ltd IPO Key Points
Strengths
- Customization Expertise.
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Sustainable business model.
- Marquee clientele.
Risk
- 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.
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.
- Customization Expertise.
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Sustainable business model.
- Marquee clientele.
How To Apply for Apex Ecotech Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.