Alpex is a sun photovoltaic (PV) module producer in North India. Their PV modules are manufactured the usage of each monocrystalline and polycrystalline mobile applied sciences. Their portfolio of solar power merchandise is composed of bifacial, mono-perc, and Halfcut sun PV modules. They additionally supply built-in solar power answers, together with engineering, procurement, and building (EPC) of AC/DC Solar Pumps in each Surface and Submersible classes.
They manufacture and ship sun panels within the B2B house and in addition function a freelance producer for a number of huge firms, together with Luminous, Jackson, and Tata Power. Their sun panels are dropped at firms, with a particular center of attention on EPC firms reminiscent of Solar World Energy Solutions Pvt Ltd, BVG India Limited, Tata Power, Hild Energy Private Limited, and Shakti Pumps India Limited. These firms set up their sun panels at their shoppers’ places after securing orders. As for sun water pumps, they aim the B2C section. They start via making use of for tenders in respective states, and in the event that they reach successful the delicate, they continue to evaluate the set up web page and therefore set up sun water pumps on the designated places.
Their Plant is authorized after present process rigorous high quality and manufacturing procedure due diligence via a large number of govt and personal firms, together with Tata Power, Luminous Power, Jakson Power, in addition to govt companies reminiscent of NTPC, NHDC, Haryana Renewable Energy Development Agency (HAREDA), Chhattisgarh State Renewable Energy Development Agency (CREDA), Punjab Energy Development Agency (PEDA), Rajasthan Agricultural Competitiveness Project (RACP), and HP Saur Sinchai Yojana.
Objects of the Issue:
- Funding Capital Expenditure for upgradation and enlargement of the prevailing sun module production facility via expanding 750 MW.
- Funding Capital Expenditure in opposition to putting in of a brand new production unit for Aluminum body for the sun module.
- To Meet Working Capital necessities of the Company.
- General Corporate Expenses.
Alpex Solar IPO Review
Alpex Solar IPO Date & Price Band Details
IPO Open: | February [.], 2024 |
IPO Close: | February [.], 2024 |
IPO Size: | Approx ₹[.] Crores, 6,480,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 35% of the online be offering |
QIB Quota: | 50% of the online be offering |
NII Quota: | 15% of the online be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Alpex Solar IPO Market Lot
The Alpex Solar IPO minimal marketplace lot is [.] stocks with a ₹- utility quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | [.] | ₹- |
Retail Maximum | 1 | [.] | ₹- |
S-HNI Minimum | 2 | [.] | ₹- |
Alpex Solar IPO Dates
The Alpex Solar IPO date is February [.] and the IPO shut date is February [.]. The IPO allotment date is February [.] and the IPO may listing on February [.].
IPO Open Date: | February [.], 2024 |
IPO Close Date: | February [.], 2024 |
Basis of Allotment: | February [.], 2024 |
Refunds: | February [.], 2024 |
Credit to Demat Account: | February [.], 2024 |
IPO Listing Date: | February [.], 2024 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Alpex Solar IPO Form
How to use Alpex Solar IPO? You can practice Alpex Solar IPO by way of ASBA to be had to your checking account. Just move to the net financial institution login and practice by way of your checking account via deciding on the Alpex Solar IPO within the Invest phase. The different choice you’ll practice Alpex Solar IPO by way of IPO bureaucracy obtain by way of the NSE web page. Check out the Alpex Solar bureaucracy – click on NSE IPO Forms obtain, fill and publish to your financial institution or along with your dealer.
Alpex Solar Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹149.73 | ₹146.29 | ₹2.80 |
2022 | ₹168.54 | ₹168.16 | ₹0.07 |
2023 | ₹195.92 | ₹190.63 | ₹3.75 |
September 2023 | ₹213.11 | ₹203.14 | ₹10.03 |
Alpex Solar IPO Valuation – FY2023
Check Alpex Solar IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹2.10 in line with Equity Share |
Price/Earning P/E Ratio: | [.] |
Return on Net Worth (RoNW): | 9.55% |
Net Asset Value (NAV): | ₹69.13 in line with Equity Share |
Peer Group
- Insolation Energy Limited
- Mr. Ashwani Sehgal
- Mrs. Monica Sehgal
- Mr. Vipin Sehgal
Alpex Solar IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
Alpex Solar IPO Allotment Status
Check Alpex Solar IPO allotment standing on Skyline Financial web page URL. Click Here
Alpex Solar IPO Lead Managers aka Merchant Bankers
- Corporate Capital Ventures Pvt Ltd
Company Address
Alpex Solar Limited
B-79 Shivalik Enclave
Near Malviya Nagar
New Delhi -110017
Phone: +91 – 9971751589
Email: [email protected]
Website: http://www.alpexsolar.com/
Alpex Solar IPO FAQs
What is Alpex Solar IPO?
Alpex Solar IPO is an NSE SME IPO. They are going to carry ₹[.] Crores by way of IPO. The factor is priced at ₹[.] in line with fairness percentage. The IPO is to be indexed on NSE.
When Alpex Solar IPO will open?
What is Alpex Solar IPO Investors Portion?
How to Apply the Alpex Solar IPO?
How to Apply the Alpex Solar IPO via Zerodha?
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How to Apply the Alpex Solar IPO via Paytm Money?
What is Alpex Solar IPO Size?
What is Alpex Solar IPO Price Band?
Alpex Solar IPO Price Band is ₹[.] in line with fairness percentage.
What is Alpex Solar IPO Minimum and Maximum Lot Size?
What is Alpex Solar IPO Allotment Date?
What is Alpex Solar IPO Listing Date?
Note: The Alpex Solar IPO main points are introduced formally. The IPO gray marketplace top class (Alpex Solar IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.
– Source : IPOWATCH