Alpex Solar Limited IPO
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 | Employee | Other | Total |
|---|---|---|---|---|---|---|
| February 8, 2024 | 0.09 | 26.13 | 50.44 | 26.13 | 26.13 | 30.85 |
| February 9, 2024 | 0.90 | 73.19 | 133.86 | 73.19 | 73.19 | 82.88 |
| February 12, 2024 | 141.48 | 502.31 | 351.89 | 502.31 | 502.31 | 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 |
Alpex Solar Limited IPO FAQ :-
What is the opening date for Alpex Solar Limited IPO?
The Alpex Solar Limited IPO opens on February 8, 2024.
What is the closing date for Alpex Solar Limited IPO?
The Alpex Solar Limited IPO closes on February 12, 2024.
When will the shares be allotted for Alpex Solar Limited IPO?
Shares of Alpex Solar Limited IPO will be allotted on February 13, 2024.
What is the listing date for Alpex Solar Limited IPO?
The listing date for Alpex Solar Limited IPO is February 15, 2024.
What is the price/ price range for Alpex Solar Limited IPO?
The price/ price range for Alpex Solar Limited IPO is ₹109 to ₹115.
What is the minimum lot size for the Alpex Solar Limited IPO?
The minimum lot size for Alpex Solar Limited IPO is 1200 shares.
What is the minimum investment required for retail investors in the Alpex Solar Limited IPO?
The minimum investment required for retail investors in the Alpex Solar Limited IPO is ₹1,38,000.
What type of IPO is the Alpex Solar Limited IPO?
The type of Alpex Solar Limited IPO is SME.
What is the total issue size of the Alpex Solar Limited IPO?
The total issue size of Alpex Solar Limited IPO is ₹74.52 Crore.
How many shares are being offered in the Alpex Solar Limited IPO?
Total 64,80,000 shares are being offered in the Alpex Solar Limited IPO.
What is the face value of Alpex Solar Limited IPO share?
The face value of Alpex Solar Limited IPO share is ₹10.
What is the market capitalization of the Alpex Solar Limited IPO?
The market capitalization of the Alpex Solar Limited IPO is ₹281.44 Crore.
Who is the registrar for the Alpex Solar Limited IPO?
The registrar for the Alpex Solar Limited IPO is Skyline Financial Services Private Ltd.
Where can I check the IPO Allotment status for Alpex Solar Limited IPO?
You can check the IPO Allotment status for Alpex Solar Limited IPO at https://www.skylinerta.com/ipo.php.
What is the email address and website of Alpex Solar Limited IPO?
The email address of Alpex Solar Limited IPO is csalpex@alpexonline.com and website is http://www.alpexsolar.com/.
What is the Alpex Solar Limited IPO GMP (Grey Market Premium) as of 15-02-2024?
The latest GMP for Alpex Solar Limited IPO is ₹148 as of 15-02-2024.