Alpex Solar Limited IPO Date, Price, Review and Details
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Alpex Solar Limited IPO
Alpex Solar Limited IPO make and supply solar panels
to businesses and work as a production partner for big companies like Luminous,
Jakson, and Tata Power. Their solar panels are sent to firms, especially those
involved in engineering, procurement, and construction (EPC) like Solar world
Energy Solutions Pvt Ltd, BVG India Limited, Tata Power, Hild Energy Private
Limited, and Shakti Pumps India Limited. These companies install their solar
panels at their customers' sites after getting orders. Their factory has been
given the green light following thorough checks on quality and production
procedures by various government and private organizations, including Tata
Power, Luminous Power, Jakson Power, and government bodies like NTPC, NHDC,
Haryana Renewable Energy Development Agency. Government supply panels to
businesses
Company Promoters:
·
Mr. Ashwani Sehgal
·
Mrs. Monica Sehgal
·
Mr. Vipin Sehgal
·
Mr. Aditya Sehgal
·
M/S Krishma Machine Tools Private Limited
·
Ashwani Sehgal Huf
Objects of this Issue:
·
Funding Capital Expenditure for upgradation and
expansion of their existing solar module manufacturing facility by increasing
750 MW.
·
Funding Capital Expenditure towards setting up of a
new manufacturing unit for Aluminum frame for their solar module.
·
To Meet Working Capital requirements of the Company.
·
General Corporate Expenses.
Financial Information of the Company:
Particular
Amount in Lakhs (Rs.)
As
on 31 March 2023
As
on 30 March 2022
As
on 31 Mar 2021
Total Assets
12,559.63
10,003.76
9,935.35
Total Liabilities
9,013.12
6,835.84
6,786.85
Net Profit
374.61
7.05
279.76
Particular
Amount in Lakhs (Rs.)
As
on 31 March 2023
As
on 30 March 2022
As
on 31 Mar 2021
Total Assets
12,559.63
10,003.76
9,935.35
Total Liabilities
9,013.12
6,835.84
6,786.85
Net Profit
374.61
7.05
279.76
Alpex Solar Limited IPO Schedule
1. Bid or Offer Opens on: 08
February 2024
2. Bid or Offer Closes on: 12
February 2024
3. Finalization of BoA: 13 February
2024
4. Initiation of Refunds: 14
February 2024
5. Credit of shares to Demat
account: 14 February 2024
6. Listing Date: 15
February 2024
Alpex Solar Limited IPO Lot Size
The market lot size of Alpex Solar Limited IPO is 2,400 shares. The minimum and maximum order quantity is as follows:
Application | Lots | Shares | Amount |
Minimum | 1 | 1200 | ₹138,000 |
Maximum | 1 | 1200 | ₹138,000 |
S-HNI(Minimum) | 2 | 2,400 | ₹276,000 |
Company Contact Details:
B-79 Shivalik Enclave Near
Malviya Nagar New Delhi -110017 India
Phone: +91 - 9971751589
Email:
csalpex@alpexonline.com
Website: www.alpexsolar.com
Alpex Solar Limited IPO Registrar Details:
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153
A, 1st Floor, Okhla Industrial Area,
Phase
- I, New Delhi-110020
Telephone: +91- 11-40450193-197
Email: ipo@skylinerta.com
Website: http://www.skylinerta.com/
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