Markets / IPO / Apex Ecotech

Apex Ecotech IPO

Updated 17:58

SME IPO on NSE Emerge · Water Supply & Management

Status
Listed
Price band
₹71–73
Lot size
1600 shares · ₹1,16,800
Subscribed
–

How it listed

Issue price
₹73
Listing price (open)
₹138.70 +90.00%
First-day close
₹145.60 +99.45%
Price now
₹263.45 +260.89%
Listing day4 Dec 2024
Open / high / low / close₹138.70 / ₹145.60 / ₹138.70 / ₹145.60
Shares traded on NSE15,96,800
Market value at the listing-day close₹192 cr

Closing prices since listing: 23 Oct ₹228.80, 26 Oct ₹226.30, 27 Oct ₹248.90, 28 Oct ₹262.80, 29 Oct ₹263.00, 2 Nov ₹254.00, 3 Nov ₹240.20, 4 Nov ₹241.05, 5 Nov ₹261.10, 6 Nov ₹266.00.

Apex Ecotech share price, live chart and technicals →

Key dates

Bidding opens27 Nov 2024
Bidding closes29 Nov 2024
Allotment2 Dec 2024
Refunds and shares in demat3 Dec 2024
Listing4 Dec 2024

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)11,600₹1,16,800
HNI (minimum)23,200₹2,33,600

At ₹73 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)9,01,05,600
HNI / NII58,52,91,200
Retail38,08,06,400
Total1,05,62,03,200

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 29 Nov 2024 17:39.

Applications from individual investors

2,38,004 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹738,020.22 lakh shares75.9%
Cut-off final price, whatever it is; mostly retail2,538.59 lakh shares24.0%
Lower prices ₹71–723.22 lakh shares0.0%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date26 Nov 2024
Anchor shares9,88,800
Raised from anchors₹7.22 cr
Lock-in ends for the first 50% (30 days)31 Dec 2024
Lock-in ends for the remaining 50% (90 days)1 Mar 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹96 cr₹347 cr
P/E (last 12 months' profit)5.720.4
Revenue, last 12 months₹149 cr
Profit, last 12 months₹17 cr
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Water Supply & Management

CompanyListedSubscribedOn listingSince IPO
Technocraft Ventures 14 Aug38.69×+33.96%+140.71%
Sattva Engineering Construction SME3 Sept–+26.80%-32.27%
Denta Water and Infra Solutions 29 Jan221.68×+10.54%-19.83%
Enviro Infra Engineers 29 Nov89.90×+48.65%+15.99%

IPO details

Price band₹71–73
Final issue price₹73
Lot size1600 shares
Minimum investment₹1,16,800 (1 lot)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
IndustryWater Supply & Management
Issue size₹25.54 crore (about 34.99 lakh shares) · Fresh issue only
ISININE0T4V01015
RegistrarKFinTechnologies Limited
Helpline: +91 40 6716 2222, 1800 309 4001, apex.ipo@kfintech.com
Lead managersShare India Capital Services Private Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 2 Dec 2024. Check it on the registrar's page (KFinTechnologies Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Apex Ecotech IPO price band and lot size?

The price band is ₹71–73 per share, and one lot is 1600 shares (₹1,16,800 at the upper price).

When is the Apex Ecotech IPO allotment date?

Allotment was finalised on 2 Dec 2024, the next working day after bidding closed on 29 Nov 2024.

How many times was the Apex Ecotech IPO subscribed?

Subscription figures are not available yet.

What is the Apex Ecotech IPO listing date?

It listed on 4 Dec 2024 on NSE Emerge (SME).

When does the Apex Ecotech anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 31 Dec 2024 and the 90-day lock-in on the rest ends on 1 Mar 2025; they can sell from the next trading day.

What was the Apex Ecotech listing gain?

It opened at ₹138.70 against an issue price of ₹73, a gain of 90.00%. It is now up 260.89% from the issue price.