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
| DRHP | Download |
| RHP | Download |
Alpex Solar IPO Reviews
IPOWala – Update Soon
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
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
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]
Website: http://www.skylinerta.com/
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]
Website: http://www.alpexsolar.com/
Alpex Solar IPO Lead Managers
CORPORATE CAPITALVENTURES PRIVATE LIMITED
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]
Website: www.ccvindia.com
SEBI Registration: INM000012276
Contact Person: Mrs. Harpreet Parashar
