Alpex Solar Limited IPO
NSE SMEClosed
Feb 8, 2024Open Date
Feb 12, 2024Close Date
TBAAllotment Date
Feb 15, 2024Listing Date
Subscription Details
View Subscription DetailsRetail351.89x
QIB / NII0.00x
Overall Subscription
Total Bids Received
324.02x
Updated: 10 Jul, 06:09 pm
Alpex Solar Limited IPO Issue Details
Issue Price₹109-115 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share64,80,000 shares(aggregating up to ₹74.52 crore)
Listing AtNSE SME
Listing DateFeb 15, 2024
RegistrarSkyline Financial Services Private Ltd
Reservation Details
| Category | Shares Offered | % |
|---|---|---|
| NII | 9,24,000 | 14.26% |
| QIB | 12,31,200 | 19% |
| Anchor | 18,45,600 | 28.48% |
| Market Maker | 3,24,000 | 5% |
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)
Mr. Ashwani Sehgal
Mrs. Monica Sehgal
Mr. Vipin Sehgal
Contact Details
Corporate Office
B-79 Shivalik Enclave, Near Malviya Nagar, New Delhi -110017
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