Alpex Solar Limited IPO
Alpex Solar Limited IPO bidding starts from February 8, 2024 and ends on February 12, 2024. The allotment for the Alpex Solar Limited IPO is expected to be finalized on February 13, 2024. Alpex Solar Limited IPO will list on NSE SME with tentative listing date fixed as February 15, 2024. Alpex Solar Limited IPO price band is set at ₹109 to ₹115 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹1,38,000.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | February 8, 2024 |
Close Date:- | February 12, 2024 |
Allotment Date:- | February 13, 2024 |
Listing Date:- | February 15, 2024 |
About Alpex Solar Limited :-
Established in August 1993, Alpex Solar Limited is a leading solar panel manufacturer, employing both monocrystalline and polycrystalline cell technologies.
The company provides a diverse range of solar panel modules, including bifacial, mono PERC, and Half-Cut modules. Alpex Solar Limited offers comprehensive solar energy solutions, encompassing AC/DC solar pumps and Engineering, Procurement, and Construction (EPC) services for surface and submersible categories.
Notable clients of the company include Solarworld Energy Solutions Pvt Ltd, BVG India Limited, Tata Power, Hild Energy Private Limited, and Shakti Pumps India Limited.
Alpex Solar Limited has earned various quality certifications, including ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015, all accredited by KVQA Assessment Pvt Ltd.
The manufacturing facility is strategically located in Greater Noida, with additional offices in Delhi, Mumbai, Himachal Pradesh, Chittorgarh, Jaipur, Tirupur, and Ludhiana.
As of November 2023, the company boasts a workforce of 196 employees distributed across various departments.
Contact Details :-
Address:- Alpex Solar Limited B-79 Shivalik Enclave Near Malviya Nagar New Delhi -110017
Phone:- +91 - 9971751589
E-mail:- csalpex@alpexonline.com
Website:- http://www.alpexsolar.com/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | SME |
Price:- | ₹109 to ₹115 |
Lot Size:- | 1200 |
Minimum Amount for 1 Lot:- | ₹1,38,000 |
Listing At:- | NSE SME |
Total issue of Shares:- | 64,80,000 |
Total issue Size:- | ₹74.52 Crore |
Fresh issue of Shares:- | 64,80,000 |
Fresh issue Size:- | ₹74.52 Crore |
Face Value:- | ₹10 per Equity Share |
Retail Quota:- | 35% |
QIB Quota:- | 50% |
NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Lakh
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 14,188.46 | 12,559.64 | 10,003.75 | 9,935.35 |
Revenue | 21,310.72 | 19,592.07 | 16,853.62 | 14,972.96 |
Profit After Tax | 760.58 | 378.58 | 19.42 | 315.23 |
Net Worth | 4,906.86 | 4,146.29 | 3,767.70 | 3,748.28 |
Reserves and Surplus | 4,307.08 | 3,546.51 | 3,167.92 | 3,148.50 |
Total Borrowing | 4,175.15 | 4,735.73 | 2,669.98 | 2,992.68 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 281 |
ROE:- | 9.55% |
ROCE:- | 18.81% |
Debt/Equity:- | 1.14 |
RoNW:- | 9.55% |
IPO Registrar :-
Name:- Skyline Financial Services Private Ltd
Website:- https://www.skylinerta.com/ipo.php
IPO Prospectus :-
Particulars | Link |
---|---|
Alpex Solar Limited IPO DHRP:- | Click Here |
Alpex Solar Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
08-02-2024 | ₹190 | ₹305 | 165.22% |
09-02-2024 | ₹190 | ₹305 | 165.22% |
10-02-2024 | ₹190 | ₹305 | 165.22% |
11-02-2024 | ₹190 | ₹305 | 165.22% |
12-02-2024 | ₹150 | ₹265 | 130.43% |
13-02-2024 | ₹150 | ₹265 | 130.43% |
14-02-2024 | ₹135 | ₹250 | 117.39% |
15-02-2024 | ₹148 | ₹263 | 128.7% |
Subscription Details :-
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
February 8, 2024 | 0.09 | 26.13 | 50.44 | 30.85 |
February 9, 2024 | 0.90 | 73.19 | 133.86 | 82.88 |
February 12, 2024 | 141.48 | 502.31 | 351.89 | 324.03 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on February 13, 2024) | Click Here |
Listing Details :-
Particulars | Value |
---|---|
Listing Date:- | February 15, 2024 |
NSE Symbol :- | ALPEXSOLAR |
ISIN:- | INE0R4701017 |
Final Issue Price:- | ₹115.00 |
Open:- | ₹329.00 |
Low:- | ₹329.00 |
High:- | ₹345.45 |
Close:- | ₹345.45 |
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