
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
Overall Subscription
457.15x
Total Demand
QIB Multiplier
136.69x
Institutions & Funds
NII / HNI
1180.02x
High Net-Worth
Retail (RII)
329.65x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 659,200 | 90,105,600 | 136.69x |
| NIB | 496,000 | 585,291,200 | 1180.02x |
| RETAIL | 1,155,200 | 380,806,400 | 329.65x |
| Total | 2,310,400 | 1,056,203,200 | 457.15x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 75 | 0.00x |
| NIB | — | 23,060 | 0.00x |
| RETAIL | — | 238,004 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Apex Ecotech Limited IPO is ₹45 per equity share. Based on the upper price band of ₹71 to ₹73 per equity share, the estimated listing price is ₹118 (+61.6% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹45, the expected profit per application lot is approx ₹72,000 (+61.6% gain). Minimum application cost is approx ₹1,16,800.
The Apex Ecotech Limited IPO aggregate issue size is ₹25.54 Crores with an equity price band set at ₹71 to ₹73 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,16,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 457.15x (Retail: 329.65x, QIB: 136.69x, NII: 1180.02x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-12-02. Investors can verify status using PAN card or application number.
Apex Ecotech Limited shares are scheduled to list on NSE on 2024-12-04.