Alpex Solar Limited
₹1,38,000(1,200 Shares)
Minimum Investment
IPO Dates
Feb 8, 2024 – Feb 12, 2024
Price Band
₹109–115 per equity share
Lot Size
1200
Listing
Feb 15, 2024
Listing At
NSE SME
Alpex Solar Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
324.02x
Alpex Solar Limited IPO Issue Details
- Issue Price
- ₹109-115 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 64,80,000 shares(aggregating up to ₹74.52 crore)
- Listing At
- NSE SME
- Listing Date
- Feb 15, 2024
- Registrar
- Skyline Financial Services Private Ltd
Market Lot Details
Reservation Details
NII
9.24L
QIB
12.31L
Anchor
18.46L
Market Maker
3.24L
Company Information
Alpex Solar Limited, a manufacturer of Solar panels incorporated in August 1993, uses monocrystalline and polycrystalline cell technologies.The bifacial, mono PERC, and Half-Cut module types are avail...
Valuations
EPS (Pre-IPO)
2.1
EPS (Post-IPO)
6.22
P/E (Pre-IPO)
54.66
P/E (Post-IPO)
18.5
RoNW
9.55%
P/B Value
1.66
Objectives of the Issue
- 1Funding Capital Expenditure for upgradation and expansion of the existing solar module manufacturing facility by increasing 750 MW
- 2Funding Capital Expenditure towards setting up of a new manufacturing unit for Aluminum frame for the solar module
- 3To Meet Working Capital requirements of the Company
- 4General Corporate Expenses.
Alpex Solar Limited – Promoter(s)
Contact Details
Corporate Office
B-79 Shivalik Enclave, Near Malviya Nagar, New Delhi -110017
Alpex Solar Limited Allotment & Registrar Details
Check AllotmentSkyline Financial Services Private Ltd
Alpex Solar Limited IPO Documents
Frequently Asked Questions — Alpex Solar Limited IPO
The Alpex Solar Limited IPO price band is set at ₹109.00 to ₹115.00 per equity share.
The lot size for Alpex Solar Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,38,000.
The Alpex Solar Limited IPO opens on Feb 8, 2024 and closes on Feb 12, 2024.
Alpex Solar Limited IPO is expected to be listed on Feb 15, 2024 on NSE SME.
The registrar for Alpex Solar Limited IPO is Skyline Financial Services Private Ltd. You can contact them at ipo@skylinerta.com.
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