Apex Ecotech Limited provides end-to-end water and wastewater management solutions, including Industrial Water Treatment, Effluent Treatment, Sewage Treatment, and Zero Liquid Discharge (ZLD). Apex Ecotech deliver sustainable, turnkey projects with services spanning design, installation, commissioning, and O&M, ensuring efficient and eco-friendly water management.

Apex Ecotech, an Book Built Issue amounting to ₹25.54 Crores, consisting entirely an Fresh Issue of 34.99 Lakh Shares. The subscription period for the Apex Ecotech IPO opens on November 27, 2024, and closes on November 29, 2024. The allotment is expected to be finalized on or about Monday, December 2, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, December 4, 2024.

The Share price of Apex Ecotech IPO is set at ₹71 to ₹73 per equity share. The Market Capitalisation of the Apex Ecotech Limited at IPO price of ₹73 per equity share will be ₹96.25 Crores. The lot size of the IPO is 1600 shares. Retail investors are required to invest a minimum of ₹1,16,800, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹2,33,600.

Share India Capital Services Private Limited is the book-running lead manager while KFinTechnologies Limited is the registrar for the Issue. Share India Securities is Market Maker for the Apex Ecotech IPO.

Apex Ecotech Limited IPO GMP Today
The Grey Market Premium of Apex Ecotech Limited IPO is expected to be ₹15 (20%) based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Apex Ecotech Limited IPO Live Subscription Status Today: Real-Time Updates
As of 05:00 PM on 29 November 2024, the Apex Ecotech IPO live subscription status shows that the IPO subscribed 420.73 times on its Final day of subscription period. Check the Apex Ecotech IPO Live Subscription Status today at NSE.

Apex Ecotech Limited IPO Anchor Investors Report
Apex Ecotech has raised ₹7.22 Crores from Anchor Investors at a price of ₹73 per shares in consultation of the Book Running Lead Managers. The company allocated 9,88,800 equity shares to the Anchor Investors. CheckFullList of Apex Ecotech Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Apex Ecotech Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Apex Ecotech IPO allotment date is 2nd December, 2024, Monday. Apex Ecotech IPO Allotment will be out on 2nd December, 2024 and will be live on Registrar Website from the allotment date. Check Apex Ecotech IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Apex Ecotech Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Apex Ecotech Limited IPO
Apex Ecotech Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹1,700 Lakhs is required for Working Capital Requirements.
2. Remaining for General Corporate Purposes.

Refer to Apex EcotechLimited RHP for more details about the Company.

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About Apex Ecotech Limited

Business Overview

Apex Ecotech Limited (formerly Apex Ecotech Private Limited), is an Indian company specializing in providing end-to-end water and wastewater treatment solutions across various industries. The company was founded on 1 April 2009 and is based in Pune, Maharashtra. Apex Ecotech transitioned from a private to a public limited company following a shareholder resolution passed on 26 March 2024. The company was subsequently issued a fresh Certificate of Incorporation, reflecting its change in status, on 2 July 2024.

Apex Ecotech's primary business activities encompass the design, engineering, manufacturing, installation, and commissioning of a wide range of water and wastewater treatment plants. Their comprehensive product portfolio caters to diverse industries, including:

• Automobile and Auto Ancillaries
• Chemicals and Pesticides
• Food Processing and Beverages
• Metals and Mining
• Oil and Edibles
• Pharmaceuticals
• Power Plants
• Refineries
• Textiles
• Residential and Commercial Complexes

Key products and services provided by Apex Ecotech include:

• Sewage Treatment Plants
• Effluent Treatment Plants
• Water Treatment Plants
• Zero Liquid Discharge Systems
• Dewatering Systems

In addition to designing and implementing treatment systems, the company also supplies essential components, equipment, chemicals, and spares related to water, sewage, and effluent treatment.

Apex Ecotech predominantly targets the industrial sector, tailoring its water and wastewater treatment solutions to meet the specific needs and regulatory requirements of various industries.

Industry Recognition: The company received the Global Ecological Transformation Award in Shanghai, China, from Veolia Water Technologies in 2024. Veolia is a global leader in water treatment, so this award signals that Apex Ecotech's work is being recognized within the industry.

Key Milestones in Apex Ecotech's History:

• 1 April 2009: Incorporation as Apex Ecotech Private Limited in Pune, Maharashtra.
• 26 March 2024: Conversion into a public limited company following a shareholder resolution.
• 2 July 2024: Issuance of a fresh Certificate of Incorporation.
• November 2024: Preparing for its Initial Public Offering (IPO) on the Emerge Platform of the National Stock Exchange of India Limited (NSE).

Industry Analysis

The water and wastewater treatment industry is experiencing significant growth globally, driven by various factors including:

• Increasing demand for clean water
• Rising pollution levels
• Stringent environmental regulations
• Growing awareness of water scarcity
• Rapid industrial growth
• A heightened focus on public health

Market Size and Growth Trends:

• The global water and wastewater treatment market is projected to reach USD 536.4 billion by 2030, growing at a CAGR of 7.5% during the forecast period.
• In India, the market is estimated to reach USD 2.08 billion by 2025 (Note: this information is from the previous response and may require verification).

Competitive Landscape:

The water and wastewater treatment sector is highly competitive, with companies vying for projects based on various factors including:

• Project type and complexity
• Contract value and potential profit margins
• Project location and associated risks
• Revenue generation potential

Companies operating in this industry differentiate themselves through:

• Service quality and reliability
• Advanced technology and innovation
• Competitive pricing strategies
• Strong client relationships

Apex Ecotech's Strengths and Competitive Advantages

Apex Ecotech has established a strong foothold in the market by leveraging its core competencies and unique selling propositions (USPs):

• Customization Expertise: Apex Ecotech excels in tailoring its solutions to meet the unique needs of each client and project. This ability to provide customized solutions is crucial in a market where standardized approaches often fail to address specific industry requirements.
• Experienced Leadership and Management Team: The company benefits from the guidance of a seasoned management team with extensive industry knowledge and a successful track record in the water and wastewater treatment sector.
• Sustainable Business Model: Apex Ecotech is committed to promoting sustainability through its solutions, prioritizing resource recovery, and emphasizing efficient water usage. This focus on environmentally responsible practices resonates with clients who are increasingly conscious of their ecological footprint.
• Strong Client Relationships and a Portfolio of Marquee Clients: Apex Ecotech has forged enduring relationships with prominent clients in various sectors, demonstrating its capability to deliver high-quality solutions and build trust within the industry.

Growth Strategies and Future Plans

Apex Ecotech aims to capitalize on the growing water and wastewater treatment market through the following strategic initiatives:

• Maintaining a Strong Focus on the Industrial Sector: The company will continue to concentrate on providing specialized solutions for industrial clients, leveraging its expertise and deep understanding of the unique requirements of various industries.
• Expanding into New Markets and Industry Segments: Apex Ecotech plans to broaden its geographical reach and explore opportunities in new industry segments. This strategic expansion will diversify the company's revenue streams and mitigate risks associated with dependence on specific sectors or regions.
• Driving Innovation and Adopting Advanced Technologies: Apex Ecotech is committed to investing in research and development to create innovative solutions that meet evolving industry needs and incorporate cutting-edge technologies. This focus on innovation will ensure the company remains competitive and offers high-value solutions to its clients.
• Strengthening Strategic Partnerships: Apex Ecotech aims to collaborate with leading technology providers, industry consultants, equipment suppliers, and EPC contractors. These strategic partnerships will provide the company with access to specialized knowledge, resources, and expertise, supporting its innovation efforts and market expansion plans.

Risk Factors and Concerns

Potential investors should carefully consider the following challenges and risks associated with Apex Ecotech and its business model:

• Dependence on Key Industries: A significant portion of Apex Ecotech's revenue is generated from a limited number of industries, making it vulnerable to fluctuations in those specific sectors.
• Intense Competition: The water and wastewater treatment industry is highly competitive, with both domestic and international players vying for market share. Apex Ecotech must continually adapt and innovate to maintain its competitive edge.
• Market Volatility: Following the IPO, the company's share price may experience volatility influenced by market sentiment, industry trends, and broader economic conditions.
• Ongoing Litigation: Apex Ecotech is currently involved in material litigations, the outcomes of which could lead to financial liabilities, reputational damage, or operational disruptions.
• Share Allotment at a Lower Price: Apex Ecotech has allotted Equity Shares during the preceding year at a price potentially lower than the IPO price, which could raise concerns for investors.

As of Nov 17, 2024, the total number of employees of the company stand at 119. The Bankers of the Apex Ecotech Limited is Bank of India Limited.