
Industrials · NSE
Apex Ecotech Limited, founded in 2009, provides end-to-end water and wastewater treatment, recycling, and reuse solutions for industrial and commercial applications. Its offerings include Raw Water Treatment Plants, Effluent and Sewage Treatment Plants, and Sludge Dewatering Equipment, along with advanced recycling systems powered by membrane technologies such as Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, and Thermal/Vapor Compression Evaporators & Crystallizers for Zero Liquid Discharge (ZLD) systems. The company also provides strong after-sales support and O&M services. With renowned clients like Aditya Birla Group, Ashok Leyland, Hero Motocorp, Honda Cars, PepsiCo, and Piramal Pharma, Apex Ecotech delivers complete ZLD solutions capable of recovering over 98% water for uses such as boiler feed, cooling towers, and horticulture. As of July 29, 2024, the company employed 118 full-time staff, including executive directors, reflecting its capacity to support complex and innovative water management projects.
Price Band
₹71 – ₹73
Issue Size
₹25.54 Cr
Lot Size
1600 shares
GMP
+61.6%
Est. Listing
₹118
at current GMP
Subscribed
457.15x
overall
Open
27 Nov 2024
Close
29 Nov 2024
Allotment
2 Dec 2024
Refund
3 Dec 2024
Demat Credit
4 Dec 2024
Listing
4 Dec 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
2 Dec 2024
Basis finalization
Refunds Initiate
3 Dec 2024
Mandate release
Demat Credit
4 Dec 2024
Shares in demat
Listing Debut
4 Dec 2024
Trading begins
Apex Ecotech Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹25.54 Crores. The shares are offered at a price band of ₹71 to ₹73 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-11-29, the basis of allotment is scheduled to be finalized on 2024-12-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.