Apex Ecotech IPO GMP: Complete Guide for Investors
The Apex Ecotech IPO is a fresh issue of ₹25.54 crores comprising 34.99 lakh shares. Scheduled for subscription between November 27, 2024, and November 29, 2024, this IPO will be listed on the NSE SME platform. Investors are keenly monitoring the Grey Market Premium (GMP) for an indication of the IPO’s performance.
Let’s explore the IPO details, timeline, and key investment considerations, while understanding the significance of GMP for your investment strategy.
Apex Ecotech IPO Details:
| Particulars | Details |
|---|---|
| IPO Date | November 27, 2024 – November 29, 2024 |
| Listing Date | December 4, 2024 (Tentative) |
| Price Band | ₹71 – ₹73 per share |
| Lot Size | 1,600 shares |
| Total Issue Size | ₹25.54 crores (34.99 lakh shares) |
| Fresh Issue | ₹25.54 crores (34.99 lakh shares) |
| Market Maker Portion | 2,00,000 shares |
| Face Value | ₹10 per share |
Apex Ecotech IPO Timeline:
| Event | Date |
|---|---|
| IPO Open Date | November 27, 2024 |
| IPO Close Date | November 29, 2024 |
| Allotment Date | December 2, 2024 |
| Refund Initiation | December 3, 2024 |
| Credit of Shares | December 3, 2024 |
| Listing Date | December 4, 2024 |
Investment Details:
Price Band: The shares are priced between ₹71 – ₹73 per share.
Lot Size:
- Minimum investment for retail investors is 1 lot (1,600 shares), requiring ₹116,800.
- For HNIs, the minimum investment is 2 lots (3,200 shares), amounting to ₹233,600.
| Investor Type | Lots | Shares | Investment Amount |
|---|---|---|---|
| Retail | 1 | 1,600 | ₹116,800 |
| HNI | 2 | 3,200 | ₹233,600 |
Apex Ecotech IPO GMP:
The Grey Market Premium (GMP) is an important tool for investors to gauge the anticipated listing price of the IPO. GMP represents the premium (or discount) at which shares are traded in the unofficial market prior to listing.
To understand how Grey Market Premium (GMP) influences IPO investments, read our detailed article on What is IPO GMP?.
Key Highlights of Apex Ecotech IPO:
- Fresh Issue Only: Apex Ecotech IPO consists entirely of a fresh issue with no Offer for Sale (OFS) component. Learn more about the differences between OFS and IPO in our detailed guide: OFS vs IPO: Key Differences.
- NSE SME Listing: Listing on the NSE SME platform provides a strong base for retail and small investors.
- Market Maker Portion: A dedicated market maker ensures liquidity for the stock post-listing.
How to Invest in Apex Ecotech IPO:
Investors can apply for the Apex Ecotech IPO through:
- Online trading platforms: Use UPI-linked ASBA services to complete the application process.
- Stockbrokers: Submit applications via brokers registered with the NSE SME platform.
Strategies for IPO Success:
Maximizing returns from an IPO involves timing and understanding market dynamics. A popular method is IPO flipping, where investors sell allotted shares on listing day to capture quick gains. Learn how to optimize your strategy by reading our guide: IPO Flipping Explained.
Risks and Considerations:
While IPOs present attractive opportunities, they also carry risks:
- Market Volatility: Post-listing performance depends on market conditions.
- Liquidity Concerns: SME-listed shares often experience limited trading volume.
- GMP Variability: While GMP can provide an early indicator, it is not always an accurate predictor of listing performance.
FAQs On Apex Ecotech IPO GMP:
1. What is the price band for the Apex Ecotech IPO?
The price band is set at ₹71 to ₹73 per share.
2. What is the lot size for Apex Ecotech IPO?
The minimum lot size is 1,600 shares, requiring a minimum investment of ₹116,800.
3. When will the allotment for the Apex Ecotech IPO be finalized?
The allotment date for Apex Ecotech IPO is December 2, 2024.
4. What is the tentative listing date for Apex Ecotech IPO?
The shares are expected to list on the NSE SME platform on December 4, 2024.
5. How does GMP influence IPO investments?
GMP helps gauge investor sentiment and the potential listing price. Learn more about its significance in our article on What is IPO GMP?.
Conclusion
The Apex Ecotech IPO offers a compelling opportunity for investors seeking to participate in a fresh issue on the NSE SME platform. With transparent pricing, clear timelines, and promising GMP trends, this IPO is generating considerable interest.
To stay informed and maximize your IPO investments, explore our related resources:
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