Apex Ecotech Limited

Company Name	Apex Ecotech Limited
Open Date	27-11-2024
Close Date	29-11-2024
Exchange	NSE SME
Lot Size	1,600 Shares
Issue Price	₹71 to ₹73 per share
Issue Size	34,99,200 shares
Application Amount	₹1,16,800
Recommendation	Avoid

Apex Ecotech Limited was originally incorporated on April 01, 2009. The registered office is located at Pune, Maharashtra. The company undertakes turnkey projects in the industry providing comprehensive solutions for water & wastewater treatment, recycling and reuse for myriad applications. The company derives majority of its revenue from water treatment plant, waste water treatment plant and zero liquid discharge systems. The company has 119 full-time employees as on Nov 17, 2024.

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Financial Summary in Lakhs

For the Period Ended	Mar-22	Mar-23	Mar-24	Sep-24
Revenue	1,951.18	3,457.38	5,308.09	2,170.09
EBITDA	-43.14	418.55	888.08	351.40
Net Profit	-65.85	352.09	663.04	155.25
RoCE	-16.33%	49.28%	56.39%	20.28%
ROE	-17.78%	48.73%	45.00%	9.53%
P/E	-	18.96	10.07	22.63

Tentative Timeline

Opening Date	27-11-2024
Closing Date	29-11-2024
Basis of Allotment	02-12-2024
Initiation of Refunds	03-12-2024
Credit of Shares to Demat	03-12-2024
Listing Date	04-12-2024

Objects of the Issue

To meet incremental working capital requirements

General Corporate Purposes

To meet public issue expenses

Contact Information

Registered Office	Apex Ecotech Limited Office No. 202, Garden Plaza, Five Gardens Road, Sunshine Villas, Rahatani, Pimpri Waghire, Pune - 411017
Phone	+91-9999654360
Email	info@apexecotech.com
Website	http://www.apexecotech.com/

Offer Documents

Apex Ecotech IPO DRHP

Apex Ecotech IPO RHP

Registrar Details

Name	KFin Technologies Limited
Phone	04067162222, 04079611000
Email	apex.ipo@kfintech.com
Website	https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Anchor Investor Shares Offered	988,800 (28.26%)
Market Maker Shares Offered	200,000 (5.72%)
QIB Shares Offered	659,200 (18.84%)
NII (HNI) Shares Offered	496,000 (14.17%)
Retail Shares Offered	1,155,200 (33.01%)

Shareholding Pattern

Shareholding Pre Issue (Promoters)	94.32%
Shareholding Post Issue (Promoters)	69.29%