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Alpex Solar Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹115
Issue Price
₹115
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹115
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹138,000
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
08 Feb 2024
Thu Completed
Done
Close Date
12 Feb 2024
Mon Completed
Done
Allotment
13 Feb 2024
Tue Completed
Done
Refund
14 Feb 2024
Wed Completed
Done
Demat Credit
14 Feb 2024
Wed Completed
Done
Listing Date
15 Feb 2024
Thu Completed
UPI Deadline: 12 Feb 2024
Issue Details
Pricing & Size
Issue Price
₹115 Face ₹10
Lot Size
1,200 shares
Min Investment
₹138,000
Total Issue Size
64,80,000 shares (aggregating up to ₹74.52 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,24,000 (5.00%)
QIB Portion
30,76,800 (47.48%
NII / HNI
9,24,000 (14.26%)
Retail
21,55,200 (33.26%)
Employee
-
Net Offer to Public
61,56,000 shares (aggregating up to ₹70.79 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,79,93,400 shares
Post-Issue Shareholding
2,44,73,400 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,200 ₹1,38,000
HNI / NII 2 2,400 ₹2,76,000
Objects of Issue
4 objectives
1
Funding Capital Expenditure for upgradation and expansion of the existing solar module manufacturing facility by increasing 750 MW;
2
Funding Capital Expenditure towards setting up of a new manufacturing unit for Aluminum frame for the solar module;
3
To Meet Working Capital requirements of the Company; and
4
General Corporate Expenses.
Lead Managers & Market Maker
Book Running Lead Managers
Corporate Capitalventures Pvt.Ltd
Market Maker
SS Corporate Securities Ltd
IPO Timeline
Open
08 Feb
✓ Done
Close
12 Feb
✓ Done
Allotment
13 Feb
✓ Done
Listing
15 Feb
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
ipo@skylinerta.com
Company Contact
Email
csalpex@alpexonline.com
Phone
+91 - 9971751589
Address
B-79 Shivalik Enclave Near Malviya Nagar New Delhi, New Delhi, 110017
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹115
Est. Listing
₹115
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Alpex Solar Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
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| Price
Market Reference
IPO Issue Price
₹115
GMP
+₹0 (+0%)
GMP Est. Listing
₹115
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 30,76,800 (47.48% ₹3,538.32 Cr
NII / HNI (Total) 9,24,000 (14.26%) ₹1,062.60 Cr
Retail Investors 21,55,200 (33.26%) ₹2,478.48 Cr
Total ** 64,80,000 (100.00%) ₹74,520.00 Cr
Market Maker * 3,24,000 (5.00%) ₹37.26 Cr
* Based on ₹115.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
30,76,800 (47.48%
NII
9,24,000 (14.26%)
Retail
21,55,200 (33.26%)
Market Maker
3,24,000 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30 Sep 202331 Mar 202331 Mar 2022
Revenue21310.7219592.0716853.62
PAT760.58378.5819.42
EBITDA
Net Worth4906.864146.293767.70
Total Assets14188.4612559.6410003.75
Reserves4307.083546.513167.92
Borrowings4175.154735.732669.98
Key Financial Ratios
9.55%
ROE
Return on Equity
18.81%
ROCE
Return on Capital Employed
9.55%
RONW
Return on Net Worth
1.14
D/E Ratio
Debt to Equity
1.66
P/BV
Price to Book Value
2.10
Pre EPS
EPS Pre-Issue
6.22
Post EPS
EPS Post-Issue
54.66
Pre P/E
P/E Pre-Issue
18.5
Post P/E
P/E Post-Issue
About Alpex Solar Ltd

Incorporated in August 1993, Alpex Solar Limited is a manufacturer of Solar panels. The company uses monocrystalline and polycrystalline cell technologies.

The company offers a range of solar panel modules including bifacial, mono PERC, and Half-Cut module. The company offers solar energy solutions, including AC/DC solar pumps EPC for surface and submersible categories.

The company's clients include Solarworld Energy Solutions Pvt Ltd, BVG India Limited, Tata Power, Hild Energy Private Limited, and Shakti Pumps India Limited.

The Company has received several quality certifications, including ISO 14001:2015, ISO 45001: 2018, and ISO 9001: 2015, all certified by KVQA Assessment Pvt Ltd.

The manufacturing facility is situated in Greater Noida while other offices are located in Delhi, Mumbai, Himachal Pradesh, Chittorgarh, Jaipur, Tirupur, and Ludhiana.

As of November 2023, the company has a total of 196 employees working across various departments.

Frequently Asked Questions
What is the issue price of Alpex Solar Ltd IPO?
The issue price of Alpex Solar Ltd IPO is ₹115 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹138,000.
What are the IPO dates?
Opens 08 Feb 2024, closes 12 Feb 2024.
When is the listing date?
Tentative listing: 15 Feb 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹115 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Alpex Solar Ltd IPO · Expected 13 Feb 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
13 Feb 2024
Refund Initiation
14 Feb 2024
Demat Credit
14 Feb 2024
Listing Date
15 Feb 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹115
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹138,000
1 lot
Est. Listing
₹115
GMP +₹0
Key Dates
Open
08 Feb Done
Close
12 Feb Done
Listing
15 Feb Done
Registrar
Skyline Financial Services Pvt.Ltd
A
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