The Apex Ecotech Limited Future 2030 has generated significant interest in the SME segment, offering a promising investment opportunity in the environmental solutions sector. Known for its commitment to sustainability and innovative technologies, Apex Ecotech aims to utilize the IPO proceeds to expand its operations and strengthen its market presence. Below, we provide a detailed analysis of the IPO, financial performance, and potential listing performance.
IPO Details
- IPO Opening Date: November 27, 2024
- IPO Closing Date: November 29, 2024
- Issue Price: ₹71.00 to ₹73.00 per share
- Lot Size: 1,600 shares
- Total Issue Size: ₹25.54 Crores
- Listing on: NSE SME
Company Background: Apex Ecotech Limited
Apex Ecotech Limited specializes in providing environmental and sustainable solutions across multiple industries. With a focus on water treatment, waste management, and eco-friendly technologies, the company has established itself as a key player in the sustainability domain. Apex Ecotech’s commitment to addressing environmental challenges has made it a trusted name among clients seeking innovative and cost-effective solutions.
The IPO proceeds will be directed toward infrastructure development, technology enhancement, and debt repayment, further solidifying the company’s growth strategy.
Objectives of the IPO
- Infrastructure Expansion: Establish new facilities and upgrade existing ones to increase production capacity.
- Technology Development: Invest in cutting-edge technologies to improve operational efficiency and sustainability.
- Debt Reduction: Enhance financial stability by repaying existing liabilities.
- Market Expansion: Strengthen the company’s presence in domestic and international markets.
Financial Performance and Yearly Predictions
| Year | Predicted Share Price (INR) |
|---|---|
| 2024 | ₹85 |
| 2025 | ₹95 |
| 2026 | ₹110 |
| 2027 | ₹125 |
| 2028 | ₹145 |
| 2029 | ₹165 |
| 2030 | ₹190 |
The predictions indicate strong growth potential, driven by increasing demand for eco-friendly and sustainable solutions.
Subscription and Grey Market Premium Details
| Category | Subscription Status |
|---|---|
| Retail Investors | 8.20x |
| Qualified Institutional Buyers (QIB) | 11.50x |
| Non-Institutional Investors (NII) | 9.60x |
- GMP for Apex Ecotech Limited: ₹12
For IPO Listing Date and Price Expectations:
- Expected Listing Date: December 4, 2024
- Expected Listing Price: ₹85 – ₹90
The subscription figures and Grey Market Premium reflect robust investor confidence and high demand for the IPO.
Conclusion: Is Apex Ecotech Limited a Good Investment?
The Apex Ecotech Limited IPO offers a compelling investment opportunity for those interested in the growing sustainability sector. With a clear focus on innovative solutions, infrastructure development, and financial stability, the company is well-positioned for future growth. However, potential investors should assess their financial goals and risk tolerance before making a decision, ensuring comprehensive due diligence for this promising IPO.
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