OUR BUSINESS
Alpex is a solar photovoltaic (PV) module manufacturer in North India. Our PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. Our portfolio of solar energy products consists of bifacial, mono-perc, and Halfcut solar PV modules. We also provide integrated solar energy solutions, including engineering, procurement, and construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.
ALPEX SOLAR LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date February 8, 2024 IPO Close Date February 12, 2024 IPO Size Approx ₹ 74.52 Crores, 6,480,000 Shares IPO Face Value ₹10 Per Equity Share IPO Price Band ₹109 to ₹110 Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 35% IPO QIB Quota 50.50% IPO NII Quota 15% DRHP Draft Click here RHP Draft Click here Anchor Investor Click here
ALPEX SOLAR LIMITED IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 1 1200 Shares ₹138,000 Retail Maximum 1 1200 Shares ₹138,000 S-HNI Minimum 2 2400 Shares ₹276,000
OBJECTS OF THE OFFER
Our Company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”):
- Funding Capital Expenditure for the upgradation and expansion of our existing solar module manufacturing facility by
increasing 750 MW. - Funding Capital Expenditure towards setting up a new manufacturing unit for the Aluminum frame for our solar module.
- To Meet the Working Capital requirements of the Company.
- General Corporate Expenses.
ALPEX SOLAR LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
IPO Open Date Feb 08, 2024 IPO Close Date Feb 12, 2024 Basis of Allotment Feb 13, 2024 Refunds Feb 14, 2024 Credit to Demat Account Feb 14, 2024 IPO Listing Date Feb 15, 2024
ALPEX SOLAR LIMITED FINANCIAL REPORT
₹ in Crores Year Revenue Expense PAT 2023 ₹195.92 ₹190.63 ₹3.79 2022 ₹168.54 ₹168.16 ₹0.19 2021 ₹149.73 ₹146.29 ₹3.15 September 2023 ₹213.11 ₹203.14 ₹7.61
OUR PROMOTERS
- Mr. Ashwani Sehgal
- Mrs. Monica Sehgal
- Mr. Vipin Sehgal
- Mr. Aditya Sehga
QUALITATIVE FACTOR
Some of the qualitative factors which form the basis for computing the Issue Price are:
- Strategically located manufacturing facility.
- Diverse product portfolio with a focus on quality.
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Well-versed and equipped with advanced technology.
- Quality Assurance & Control.
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 1.76 1.76 3 March 31, 2022 0.11 0.11 2 March 31, 2021 2.10 2.10 1 Weighted Average 1.38 1.38 September 30, 2023 4.22 4.22
ALPEX SOLAR LIMITED COMPANY CONTACT DETAILS
B-79 Shivalik Enclave Near Malviya Nagar New Delhi -110017 India
Tel: +91-9971751589
E-mail: csalpex@alpexonline.com
Website: www.alpexsolar.com
ALPEX SOLAR LIMITED IPO REGISATR
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New
Delhi-110020
Tel No.: +91- 11-40450193-97;
E-mail: ipo@skylinerta.com
Investor Grievances Email Id: grievances@skylinerta.com
Website: http://www.skylinerta.com/
Contact Person: Mr. Anuj Rana
