Apex Ecotech Ltd - IPO

Apex Ecotech Ltd IPO Details

Initial public issue of up to 34,99,200 equity shares of face value of Rs. 10.00 each (Equity Shares) of Apex Ecotech Limited (the Company or the Issuer) for cash at a price of Rs. 73 per equity share including a share premium of Rs. 63 per equity share (the Issue Price) aggregating up to Rs. 25.54 crores (The Issue) of which up to 2,00,000 equity shares aggregating to Rs. 1.46 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of up to 32,99,200 equity shares aggregating to Rs. 24.08 crores (the Net Issue). The issue and the net issue will constitute 26.54% and 25.02% respectively of the post issue paid-up equity share capital of the company.

Objective of issue

To meet working capital requirements. General corporate purposes.

Apex Ecotech Ltd Contact Details

Apex Ecotech Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@apexecotech.com

Website - www.apexecotech.com