Alpex Solar
Alpex Solar Info
Details about the Alpex Solar IPO. Opening Date of Alpex Solar is 08 Feb 24 and Closing Date is 12 Feb 24 . Face Value of Each share of Alpex Solar is ₹10 per share. Price band of Alpex Solar is ₹109 to ₹115. The Lot size of Alpex Solar is 1,200 shares. Total issue size of Alpex Solar IPO is ₹74.52 cr. Fresh Issue of Alpex Solar IPO is 74.52 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Alpex Solar is 17,993,400. Share Holding Post Issue of Alpex Solar is 24,473,400.
Business Summary
Alpex is a Solar Photovoltaic (PV) module manufacturer in North India. Their PV modules are manufactured using both monocrystalline and polycrystalline cell technologies.
Company’s portfolio of solar energy products consists of the following solar PV modules which include bifacial, mono perc, half-cut.
Aplex Solar also provide integrated solar energy solutions, including engineering, procurement, construction (EPC) of DC/AC Solar Pumps.
Company’s Product portfolio includes Manufacture - Solar Photovoltaic (PV) module and (EPC) Engineering, Procurement, Construction of Solar PV Water Pumps.
Alpex Solar IPO Details
| Open Date | 08 Feb 24 |
|---|---|
| Close Date | 12 Feb 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹109 - ₹115 |
| Lot Size | 1,200 Shares |
| Total issue Size | 6,480,000 Shares ₹74.52 cr |
| Fresh Issue | 6,480,000 Shares ₹74.52 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 17,993,400 |
| Share Holding Post Issue | 24,473,400 |
| Market Maker | SS Corporate Securities |
| Market Maker Portion | 324,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Alpex Solar IPO Timeline
The Alpex Solar Initial Public Offering (IPO) is set to open on 08 Feb 24 and will end its subscription phase on 12 Feb 24. You can check your allotment status for Alpex Solar on 13 Feb 24. The refund process for your funds will start promptly on 14 Feb 24. Alpex Solar IPO credit of shares will be on 14 Feb 24. The listing date for Alpex Solar is on 14 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Alpex Solar IPO Reservation
The Alpex Solar IPO reserves shares for different investor categories. Approximately Not more than 50% of the Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
324,000 Shares will be reserved for subscription by SS Corporate Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Alpex Solar IPO Lot Size
Bids can be made for minimum of 1200 shares and in multiple of 1200 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 138,000 |
| Retail (Max) | 1 | 1,200 | 138,000 |
| HNI (Min) | 2 | 2,400 | 276,000 |
Alpex Solar IPO Promoters Holding
Promoters holding details for Alpex Solar in the current issue is as follows: The share holding of promoters before the issue stands at 93.53%, and after the issue, it has been adjusted to 68.76%.
Promoters of Alpex Solar are Mr. Ashwani Sehgal, Mrs. Monica Sehgal, Mr. Vipin Sehgal.,
| Share Holding Pre Issue | 93.53% |
|---|---|
| Share Holding Post Issue | 68.76% |
Alpex Solar Financial Information
Financial performance details for Alpex Solar over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 14,188.47 | 12,559.63 | 10,003.76 | 9,935.35 |
| Revenue | 21,310.72 | 19,592.07 | 16,853.62 | 14,972.96 |
| Profit After Tax | 759.92 | 378.62 | 20.07 | 316.16 |
Alpex Solar IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Alpex Solar are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 54.66 |
| ROCE | 18.81% |
| ROE | 9.55% |
| RoNW | 9.55% |
| EPS (Rs) | 2.1 |
Object of the Issue
- • Funding Capital Expenditure for upgradation and expansion of the existing solar module manufacturing facility by increasing 750 MW
- • Funding Capital Expenditure towards setting up of a new manufacturing unit for Aluminum frame for the solar module
- • To meet incremental working capital requirements
- • General Corporate Expenses
Contact Details for Alpex Solar
Phone
Office
Shivalik Enclave Near Malviya Nagar New Delhi -110017 India
Registrar Details for Alpex Solar
Skyline Financial Services Private Ltd
Phone
Office
D-153 A, 1st Floor Okhla Industrial Area, Phase-I New Delhi - 110020, Delhi, India
Lead Manager
- • Corporate Capitalventures Pvt Ltd