Alpex Solar IPO Date, GMP, Review, Price, Form & Market Lot Details

The Alpex Solar IPO has begun on 08-February-2024. It will close on 12-February-2024. The Total IPO Size is 19.44 Crores. The company set its IPO price is 115 Rs Per Share. Basically, There are three basic categories in Alpex Solar IPO Subscription 1) QIB 2) Retail Individual Investors (RIIs) 3) NII.

Alpex Solarare engage into the business of manufacturing of solar photovoltaic (PV) module in North India.

Their PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The portfolio of solar energy products consists of bifacial, mono perc, Halfcut solar PV modules. We also provide integrated solar energy solutions, including engineering, procurement, construction (EPC)of AC/DC Solar Pumps in both Surface and Submersible categories.

The manufacture and deliver solar panels in the B2B space and also serve as a contract manufacturer for several large companies, including Luminous, Jakson, and Tata Power.

The currently operate from one manufacturing facility in Greater Noida, situated at Plot Number I-25, 26, 27, Surajpur Industrial Area, Site – V, Kasna, Greater Noida, and Their have additional offices located in various cities, including New Delhi, Haryana, Chhatisgarh, Mumbai, Ludhiana, Nalagarh (Himachal Pradesh), Jaipur, and Tirupur (Tamil Nadu).

Check :- Upcoming SME IPO 2024

Alpex Solar IPO Promotor Holding

Mr. Ashwani Sehgal, Mrs. Monica Sehgal and Mr. Vipin Sehgal are the promoters of the company.

Alpex Solar IPO Date, Details & Price Band

IPO Opening Dates 08-February-2024
IPO Closing Dates 12-February-2024
Price Band 109-115 Rs
Fresh Issue 74.52 Crore
Total IPO size 74.52 Crore
Minimum bid (lot size) 1200 Shares
Face Value 10 INR Per Share
Listing On NSE SME

Alpex Solar IPO Market Lot

The Alpex Solar IPO minimum market lot is 1200 shares With 138,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 1200 138,000 Rs
Maximum 1 1200 138,000 Rs
S-HNI (Min) 2 2400 276,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax
31-Mar-23 12,559.64 19,592.07 378.58
31-Mar-22 10,003.75 16,853.62 19.42
31-Mar-21 9,935.35 14,972.96 315.23

Alpex Solar IPO GMP Grey Market Premium

Alpex Solar IPO GMP Grey market premium has been started today. Check Latest Alpex Solar IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

Alpex Solar IPO Prospectus

Alpex Solar IPO
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Alpex Solar IPO Reviews

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Alpex Solar IPO Form Download

Alpex Solar IPO is available on BSE Website as well as on our Portal. Please click here Alpex Solar IPO form Download.

Alpex Solar IPO Allotment Date & Details

Allotment Date 13-February-2024
Initiation of refunds 14-February-2024
Transfer of shares to Demat accounts 14-February-2024
Listing Date 15-February-2024
Check Allotment Status Click here

Registrar of Alpex Solar IPO

D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020
Tel No.: +91- 11-40450193-197;
Fax No.: +91-11-26812683
E-mail: [email protected]
Investor Grievances Email id- [email protected]
SEBI Registration No.: INR000003241
Contact Person: Mr. Anuj Rana

Alpex Solar Contact Details

Alpex Solar Limited
B-79 Shivalik Enclave
Near Malviya Nagar
New Delhi -110017
Phone: +91 – 9971751589
Email: [email protected]

Alpex Solar IPO Lead Managers

B1/E13, First Floor, Mohan Co-operative Industrial Estate, Mathura Road,
New Delhi – 110044,
Tel: +91 11 – 41824066;
Email: [email protected]
Investor Grievances Email id- [email protected]
SEBI Registration: INM000012276
Contact Person: Mrs. Harpreet Parashar

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