Alpex Solar IPO Date – The application for investing money in purchasing IPO will begin from 8th February, 2024 to 12th February, 2024. The company has published 74.52 crore rupees shares for public. There will 1200 shares in every lot which can be bought by investing the minimum investment of Rs. 130800. The minimum cost of this give will Rs. 109 & maximum cost of the share will be Rs. 115 to purchase. All the investors who are registering as high Networth Individuals demand to invest a minimum amount of Rs. 200000 & maximum amount of Rs. 5 lakhs for this IPO.
The allotment of these IPO shares will done on or before 13th February, 2024. The listing of the shares is scheduling to be held on 15th February, 2024. All the investors who applied for this IPO will be informed by the company if they received the allotment or not. If you obtained the allotment of these shares you’ll informed by the company about the allotment by the sms & email and application amount will debit from your bank account. If you didn’t receive the allotment you’ll inform by the company by email & sms about the non allotment & your blocked amount of application will credit in your bank account again.
Alpex Solar IPO Date
The Alpex Solar company is planning to invite applications from the public who wish to put money into their money in this Alpex Solar IPO. The application for the ipo began from 8th February, 2024. All the capitalist who wish to put money into their money in purchasing the Alpex Solar IPO should apply on or before the previous Alpex Solar IPO Date of application which will be on 12th February, 2024. The company especially produces solar photovoltaic modules by utilizing polycrystalline & monocrystalline cell technologies. The company manufactures a big range of solar energy items like mono perc, PV Module, halfcut solar PV Module. Besides this the company gives integrated solar energy solutions, covering procurement, engineering & construction (EPC) of AC /DC Solar pumps in the Submersible & Surface categories.
The company primarily work in the B2B sector & they’re contract manufacturers of many main companies as well as Tata Power, BVG India Limited, Solarworld Energy Solutions PVT Ltd, Hild energy Private Limited & Shakti Pumps India Limited, which install them at users’ location upon getting orders. The Alpex target is to enlarge their business in the B2C segment for solar water pumps states. Once the company wins the tender the company will assess the installation site & commence their method to install solar water pumps at designated locations. In this post we’ll talk about a complete method to apply for Alpex Solar IPO Lot Size & Reservation, Alpex Solar IPO Anchor Investors, Financial condition, GMP & Review & direct link to apply.
Alpex Solar IPO Date Details
| Article Name | Alpex Solar IPO Date |
| Registered under | BSE & NSE |
| Lot size | 1200 share |
| Issue price of per share | Rs. 109 to Rs. 115 |
| Per lot amount at low price | Rs. 130800 |
| Per lot amount at cut off price | Rs. 138000 |
| Issued shares | Rs.74.52 crore |
| Application invited | 8th February, 2024 |
| Category | Trending |
| Application Closed on | 12th February, 2024 |
| Alpex Solar IPO Allotment Date | 13th February, 2024 |
| Listing date of Alpex Solar IPO | 15th February, 2024 |
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Alpex Solar IPO Financial Condition
The company was set up in 1993 & the head director of the company is Mr. Ashwani Sehgal. The income of the company for the previous 3 years was Rs. 148.53 crore in the year of 2021, Rs. 165.56 crore in the year 2022 & Rs. 194.68 crore in the year of 2023. The financial gain be paid by the company in the previous 3 years are Rs. 3.16 crore in 2021, Rs. 0.20 crore in 2022 & Rs. 3.79 Crore in 2023. Gross advantage of the company in the previous 3 years are Rs. 99.35 crore in the year of 2021, Rs. 100.04 Crore in 2022 & Rs. 125.60 crore in the year of 2023.
Alpex Solar IPO Lot Size & Reservation
The Alpex Solar IPO Lot Size is 1200 shares with the minimum cost of 138000. The company has reserved their shares for the investor according to investor’s category in which they imbue. All 1845600 shares (28.48%) are reserving for Alpex Solar IPO Anchor capitalist, 3,24000 shares (5.00%) shares are reserving for market framer, 12,31200 shares (19.00%) shares are reserving for eligible investors, 924000 (14.26%) shares are reserving for NII investors, 21,55200 shares (33.26%) shares are holding for retail buyers.
| Investor Category | Reserved Shares | Reserved shares Percentage |
| Alpex Solar IPO Anchor Investors | 1845600 shares | 28.48% |
| market makers | 3,24000 shares | 5.00% |
| Qualified Buyers | 12,31200 shares | 19.00% |
| NII (HNI) | 924000 shares | 14.26% |
| Total | 6480000 shares | 100% |
Anchor Investors of Alpex Solar IPO
The Alpex Solar Ltd has asked applications from Anchor Investors for just around Rs. 21.22 crores. The Alpex Solar IPO Date for these capitalists was commencing from 7th February, 2024.
| Date of Bid | 7th february, 2024 |
| Offered Shares | 18, 45,600 |
| Shares size | Rs. 21.22 Crore |
| End date for anchor lock in period for 50% shares (30 days) | 14th March, 2024 |
| End date for anchor lock in period for remaining shares (90 days) | 13th May, 2024 |
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How To Check Alpex Solar IPO Allotment Status on NSE
If you applied for this SME Ipo & want to understand the allotment status by the NSE you demand to follow these shared instructions.
- Open a web browser of your option to visit on the NSE web page which is nseindia.com.
- The home page of the NSE web page will open. Create a tap on the new public bothers link obtainable under the market data tab.
- Now tap on the Alpex Solar IPO Allotment link visible on the page.
- Alpex Solar IPO Allotment status will appear. Now you can check if you receive the allotment or not.
Step To Check Alpex Solar IPO Allotment Status On BSE
If you applied for this IPO & you want to check Alpex Solar IPO Allotment status on BSE then you require to to comply beneath steps.
- Open a web browser of your option to visit on the BSE web page which is bseindia.com.
- The web page of the BSE web page will appear. Make a tap on the capitalists tab. Now press on the capitalists services & select the status of application status.
- Tap on the application status check link that appeared on the page. Enter your information on the page.
- Your application allotment status will appear. Check if you receive the allotment or not.
Step To Check Alpex Solar IPO Allotment Status On link in Time
- Find for the link in time web page by utilizing your option of web browser.
- The link in time to the web page of the public bother will appear. Create a tap on it.
- The web page of the public bother will be appeared. Enter all the information on the page & tap on the submit tab.
- Your allotment status will clear. Check your allotment status if you obtained the allotment or not.
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Step to Apply for Alpex Solar IPO by Grow & Angle One
- If you’re investing for the 1st time for an ipo & you do not have any demat account then you’ve to make your demat account 1st.
- To make the demat account you’ve to select the Angle One or grow app by the play store.
- Enter all the information on the app to make the account. After completing all the method create a tap on the ipo tab
- Select the ipo from the page & open it. Now tap on the apply tab after reading out all the detail regarding the IPO.
- Enter the number of lots & cost on the page & tap on the apply now tab.
- A upi appeal will be sent by the board on your option of upi app selected by you. Pay the amount & complete the payment method.
Alpex Solar IPO GMP & Review
The Alpex Solar IPO GMP listing cost is anticipating to be Rs. 305 with the cost band of Rs. 115. 165.22% is the expecting financial gain/ loss % of this IPO. According to the survey & review of Alpex Solar Lts the listing of IPO will be on financial gain with minimum 168%. So if you’re thinking of applying for this IPO it can a profit-making investment for you.
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Frequently Asked Questions
What is the starting Alpex Solar IPO Date?
8th February, 2024 is the starting Alpex Solar IPO Date.
What is the date of listing for Alpex Solar IPO?
15th February, 2024 is the date of listing for Alpex Solar IPO.
What will be the last date of application for Alpex Solar IPO?
12th February, 2024 will be the last Alpex Solar IPO Date.