NSE - SMEListed
Alpex Solar Limited

Alpex Solar Limited

Company website
The company Alpex Solar Limited has filed papers to raise ₹64,80,000 crore through a public issue. The offering includes a fresh tranche of ₹64,80,000 crore and OFS of ₹0 crore.
Investors may apply between 08-02-2024 and 12-02-2024. Expected allotment is on 13-02-2024 and listing is aimed for 15-02-2024. This is a standard structure — fresh capital for growth, OFS for seller liquidity.
Start Date08-02-2024
End Date12-02-2024
Listing Date15-02-2024
Allotment Date13-02-2024
Current Price₹329
GMP₹148 (128.70%)
Lot Size1200 Shares
Subscription324.11 Times
Face Value₹10 Per Equity Share
Listing atNSE
Issue Price₹109 - ₹115
Pre Issue₹1,79,93,400
Post Issue₹2,44,73,400
Issue Size₹64,80,000
(aggregating up to 74.52 Cr)
Fresh Issue₹64,80,000
(aggregating up to 74.52 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Alpex Solar Limited is currently around ₹148 (128.70%). This indicates an estimated listing price of approximately ₹257 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.

Gmp Details

Last UpdatedIPO PriceGMPEstimated Listing Price
20 Nov 2025, 09:24
₹115
₹148
₹263 (128.70%)
03 Apr 2025, 12:07
₹115
₹148
₹263 (128.70%)

Financials overview In Lakhs

Here is a quick look at the recent financial performance of Alpex Solar Limited . The numbers below ( In Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.

Key Performance

KPI202320222021
EPS
2.10
0.11
1.76
ROE
9.55
0.52
8.39
ROCE
18.81
2.79
13.24
RONW
9.55
0.52
8.39
PRE IPO(PE)
1.66
0
0
POST IPO(PE)
0
0
0

Subscription Demand (in ₹ Crore)

CategoryOfferedDemandTimes
QIBs
₹14.16
2003.22
141.47
RETAIL
₹24.78
8721.5
351.96
Total
₹38.94
10724.72
275.42
The IPO reservation for Alpex Solar Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.

IPO Reservation

CategoryShares OffersNo. of Shares
Retail
46.50%
21,55,200
NII(HNI)
19.94%
9,24,000
QIB
26.57%
12,31,200
Market Maker
6.99%
3,24,000
TOTAL
100.00%
46,34,400

Lot(s) Distribution

CategoryLot(s)QtyAmountReserved
Retail (Min)
1
1,200
₹1,38,000
0
HNI
2
2,400
₹2,76,000
0
Below you can find the official contact details of Alpex Solar Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.

Company Details

Phone: +91 - 9971751589
Address: B-79 Shivalik Enclave Near Malviya Nagar New Delhi -110017

IPO Registrar

Name: Skyline Financial Services Private Limited
Phone: 02228511022