Alpex Solar Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 07-02-2024 | 11-02-2024 | ₹10 per share | 109 | 1200 Shares | NSE SME | N/A | 2024-02-12 18:30:00 | 2024-02-13 18:30:00 | 2024-02-13 18:30:00 | 14-02-2024 |
About The Company
Alpex Solar IPO is a book built issue of Rs 74.52 crores. The issue is entirely a fresh issue of 64.8 lakh shares.
Alpex Solar IPO opens for subscription on February 8, 2024 and closes on February 12, 2024. The allotment for the Alpex Solar IPO is expected to be finalized on Tuesday, February 13, 2024. Alpex Solar IPO will list on NSE SME with tentative listing date fixed as Thursday, February 15, 2024.
Alpex Solar 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 ₹138,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹276,000.
Corporate Capitalventures Pvt Ltd is the book running lead manager of the Alpex Solar IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Alpex Solar IPO is Ss Corporate Securities.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 07-06-2023 | 14188 | 21311 | 761 | 4906.86 | 4307.08 | 4175.15 |
| 07-07-2023 | 12560 | 19592 | 379 | 4146.29 | 3546.51 | 4735.73 |
| 07-07-2022 | 10004 | 16854 | 19 | 3767.7 | 3167.92 | 2669.98 |
| 07-07-2021 | 9935 | 14973 | 315 | 3748.28 | 3148.5 | 2992.68 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Total | 13.80 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 138000 |
| Retail (Max) | 1 | 1200 | 138000 |
| HNI (Min) | 2 | 2400 | 276000 |
IPO Listing Details
| Listing Date | 14-02-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Mr. Ashwani Sehgal, Mrs. Monica Sehgal and Mr. Vipin Sehgal.
Contact Information of the Company
Alpex Solar Limited
B-79 Shivalik Enclave
Near Malviya Nagar
New Delhi -110017
Phone: +91 - 9971751589
Email: csalpex@alpexonline.com
Website: http://www.alpexsolar.com/
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
Corporate Capitalventures Pvt Ltd