Alpex Solar IPO: IPO of solar energy related company is coming, know every detail before investing money – Prabhat Khabar
Alpex Photo voltaic IPO: Like final 12 months, this 12 months too Preliminary Public Providing (IPO) goes to be a giant hit within the inventory market. Problems with many huge firms are going to come back available in the market which can provide glorious returns to the buyers. The Indian authorities is focusing so much on selling photo voltaic power within the nation. Not too long ago, Prime Minister Suryodaya Yojana has been launched by Prime Minister Narendra Modi. Underneath this, photo voltaic power is to be put in on the roofs of 1 crore homes. In the meantime, photo voltaic power associated firm Alpex Photo voltaic Restricted has introduced its IPO available in the market. Photo voltaic power options supplier Alpex Photo voltaic Ltd has set a worth vary of Rs 109-115 per share for its Rs 75 crore preliminary public providing (IPO).
Additionally Learn: Capital Small Finance Financial institution Restricted IPO: Buyers lined up earlier than getting into the market, know GMP and particulars
When will Khadura IPO open for buyers?
In response to the assertion issued by Alpex Photo voltaic Restricted, the IPO will open from February 8 to 12. Anchor (huge) buyers will have the ability to bid on February 7. Alpex plans to make use of Rs 19.55 crore of the IPO proceeds to improve and broaden its photo voltaic module manufacturing facility and improve its capability from 450 MW to 1.2 GW. Moreover, Rs 12.94 crore shall be used to arrange a brand new manufacturing unit for aluminum frames of its photo voltaic modules. The remaining Rs 20.49 crore shall be used to satisfy working capital necessities and remaining company bills.
what does the corporate do
Alpex Photo voltaic Restricted was established in August 1993. The corporate manufactures photo voltaic panels utilizing monocrystalline and polycrystalline cell applied sciences. They manufacture a spread of photo voltaic panel modules together with bifacial, mono PERC and half-cut modules. Moreover, Alpex Photo voltaic affords solar energy options comparable to AC/DC Photo voltaic Pump EPC for floor and submersible ranges. The corporate's clients embrace Solarworld Vitality Options Non-public Restricted, BVG India Restricted, Tata Energy, Hild Vitality Non-public Restricted and Shakti Pumps India Restricted.
Applex Photo voltaic IPO Itemizing Date
Aplex Photo voltaic is predicted to be listed on NSE SME on February 15.
Applex Photo voltaic IPO Lot Measurement and Minimal Funding
The minimal lot dimension for Applex Photo voltaic IPO utility is 1200 shares. The minimal funding quantity required for retail buyers is Rs 138,000. The minimal lot dimension funding for HNIs is 2 heaps (2,400 shares), amounting to Rs 276,000.
Aplex Photo voltaic IPO E book Working Lead Supervisor and Registrar
The book-running lead supervisor of Alpex Photo voltaic IPO is Company Capital Ventures Pvt. Ltd. Whereas Skyline Monetary Providers Non-public Restricted has been appointed because the registrar for the problem. SS Company Securities is the market maker for Alpex Photo voltaic IPO.
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