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Aplex Solar IPO: Check Latest GMP, Price Band, Allotment Date And Other Details

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Alpex Solar IPO: Aplex is set to launch its Initial public offering (IPO), the IPO is a book-built issue of Rs 74.52 crores. The issue is entirely a fresh issue of 64.8 lakh shares.

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Alpex Solar IPO Subscription Window Opening Date

Alpex Solar IPO opens for public subscription on Thursday, February 8, 2024.

Alpex Solar IPO Subscription Window Closing Date

Alpex Solar IPO opens for public subscription on Monday, February 12, 2024.

Aplex Solar IPO Latest GMP Today

In the unlisted market, Aplex Solarin Grey Market Premium (GMP) is priced at Rs Rs 190, according to various websites that track grey market activities.

Aplex Solar IPO Price Band

Alpex Solar IPO price band is set between Rs 109 to Rs 115 per share.

Aplex Solar IPO Allotment Date

The allotment Aplex Solar IPO is expected to be disclosed on Tuesday, February 13, 2024.

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Aplex Solar IPO Listing Date

Aplex Solar is expected to list on the NSE SME on Thursday, February 15, 2024.

Aplex Solar IPO Lot Size And Minimum Investment

The minimum lot size for the Aplex Solar IPO application is 1200 Shares. The minimum amount of investment required by retail investors is Rs 138,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to Rs 276,000.

Aplex Solar IPO Book Running Lead Managers And Registrar

The book-running lead manager of the Alpex Solar IPO is Corporate Capitalventures Pvt Ltd. While Skyline Financial Services Private Ltd has been appointed as the registrar for the issue. Ss Corporate Securities is the market maker for the Alpex Solar IPO.

About Aplex Solar

Alpex Solar Limited, established in August 1993, manufactures solar panels using monocrystalline and polycrystalline cell technologies. They manufacture a range of solar panel modules including bifacial, mono PERC, and Half-Cut modules.

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Additionally, Alpex Solar provides solar energy solutions such as AC/DC solar pumps EPC for surface and submersible categories. The company’s clients include SolarWorld Energy Solutions Pvt Ltd, BVG India Limited, Tata Power, Hild Energy Private Limited, and Shakti Pumps India Limited.

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