Apex Ecotech Limited IPO

Founded in 2009, Apex Ecotech Limited provides water and wastewater treatment, recycling, and reuse solutions.

The company’s services include setting up Raw Water Treatment Plants for industrial processes, Effluent & Sewage Treatment Plants to meet pollution norms, providing Sludge Dewatering Equipment, recycling of pre-treated wastewater through membrane systems (Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, etc.) and Thermal / Vapor Compression- based Evaporators & Crystallizers for Zero Liquid Discharge systems. In addition, the company also offers its customers after-sales support as well as operation and maintenance services.

Apex Ecotech’s customers include Aditya Birla Group, Ashok Leyland, Apotex Research, Bharatiyam, Escorts Kubota, Haldiram, Hero Motocorp, Honda Cars, Honda Scooters & Motorcycle, HUL, Jubilant, Kohler, Lenskart, Mahindra & Mahindra, PepsiCo, Piramal Pharma, Reckitt Benckiser, Shimizu Corporation, SMCC, Takenaka and many more esteemed users.

The company has successfully supplied complete ZLD systems achieving more than 98% overall recovery for water reuse applications such as process water applications, boiler feed, cooling tower make-up water, air washers, horticulture, toilet flushing, etc.

Competitive strengths:

  • In-house design, engineering, and execution team
  • Experienced Promoters and Management Team
  • Integrated expertise and solid partnerships
  • Track record of successful projects
  • Geographical presence
  • Strong customer relationships

As of July 29, 2024, the company employed 118 full-time employees (including executive directors).

 

Apex Ecotech Limited Financial Information (Restated Standalone)

Apex Ecotech Limited’s revenue increased by 53.1% and profit after tax (PAT) rose by 88.31% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets3,268.002,555.931,767.81978.73
Revenue2,182.605,346.493,492.062,002.86
Profit After Tax155.26663.04352.10-65.86
Net Worth1,628.821,473.56722.52370.43
Reserves and Surplus660.221,376.70631.16279.07
Total Borrowing121.1342.1358.24110.10
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Apex Ecotech IPO is Rs 96.25 Cr.

KPI as of September 30, 2024.

KPIValues
ROE10.01%
ROCE12.02%
Debt/Equity0.07
RoNW10.01%
P/BV4.34
PAT Margin (%)7.15
 Pre IPOPost IPO
EPS (Rs) 6.852.36
P/E (x) 10.6631
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.

Objects of the Issue (Apex Ecotech IPO Objectives)

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. To meet Working Capital Requirements;
  2. General corporate purposes; and
  3. To meet Public Issue Expenses.

Apex Ecotech IPO Details

IPO DateNovember 27, 2024 to November 29, 2024
Listing Date[.]
Face Value₹10 per share
Price Band₹71 to ₹73 per share
Lot Size1600 Shares
Total Issue Size3,499,200 shares
(aggregating up to ₹25.54 Cr)
Fresh Issue3,499,200 shares
(aggregating up to ₹25.54 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue9,686,000
Share holding post issue13,185,200
Market Maker portion200,000 shares

Apex Ecotech IPO Promoter Holding

Mr. Anuj Dosajh, Mr. Ramakrishnan Balasundaram Aiyer,Mr. Ajay Raina, and Mr. Lalit Mohan Datta are the company's promoters.

Share Holding Pre Issue94.32%
Share Holding Post Issue62.29%

SHARIAH SCREENING for - Apex Ecotech Limited IPO

Looking to invest ethically or according to Islamic principles? Expert Ethical brokers can help. Whether you need an ethical investment broker, a halal stock broker in India, or a Shariah-compliant broker, there are specialists available. Discover how to align your investments with your values and start your journey towards ethical wealth creation today through Ethical IAP or Ethical PMS.

Visit Prosperia.in to learn more about Ethical Investment Opportunities and start your journey towards ethical wealth creation today.

BUSINESS SCREEN

FINANCIAL RATIOS

As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in

Spread the Knowledge - Share the Latest IPO Updates and Shariah Compliant IPO's.

Latest Current & Upcoming IPOs in BSE & NSE - Including Shariah Compliant.

The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.

IPO

Apex Ecotech Limited IPO Detail

Last Updated on November 24, 2024 Apex Ecotech Limited IPO Founded in 2009, Apex Ecotech Limited provides water and wastewater treatment, recycling, and reuse solutions. The company’s services include setting

Read More »

Dear Halal Stock Users,

If you believe our website is a valuable resource,
we invite you to support us.
Your contribution ensures free access for all
and fuels future development.

You can contribute as little as
100, 200, 500 & so…
every bit counts.

Thank you for your support!

Introducing - Green Ethical Portfolio

Flexicap-aggressive portfolio of Shariah Compliant stocks.