Alpex Solar, a company based in India is a leading manufacturer of photovoltaic (PV) modules. They offer a range of energy products that incorporate both monocrystalline and polycrystalline cell technologies. Their product lineup includes bifacial, mono perc, and Halfcut PV modules. Additionally, they provide integrated solar energy solutions such, as engineering, procurement, and construction (EPC) services for AC/DC Solar Pumps, in both Surface and Submersible categories.
Alpex Solar serves both business-to-business (B2B) and business-to-consumer (B2C) markets. They provide panels to a range of companies. Also functions as a contract manufacturer for renowned firms like Luminous, Jakson, and Tata Power. EPC companies such, as Solarworld Energy Solutions Pvt Ltd, BVG India Limited, and other entities often choose to install Alpex Solars panels.
Alpex Solar focuses on selling solar water pumps, to consumers. They actively participate in state-level tenders. Once they win a tender they carefully evaluate the installation sites and proceed with the installation of solar water pumps.
Alpex Solar operates from a manufacturing facility located in Greater Noida. They also have offices, in cities such, as New Delhi, Haryana, Chhattisgarh, Mumbai, Ludhiana, Nalagarh (Himachal Pradesh) Jaipur, and Tirupur (Tamil Nadu). Their plant is equipped with manufacturing lines and currently has a capacity of 450MW. They are planning to expand their capacity to 1GW in the future.
Alpex Solar takes pride in its team of 196 employees and their extensive expertise spanning, over 15 years in the industry. Their manufacturing facility has obtained approvals from organizations, like Tata Power, Luminous Power, and Jakson Power well as various government agencies including NTPC, NHDC, HAREDA, CREDA, PEDA, RACP, and HP Saur Sinchai Yojana.
Mr. Ashwani Sehgal, who is both the Managing Director and the President of the Indian Solar Manufacturers Association (ISMA) plays a role, in advocating for government policies that benefit solar manufacturers. Alpex Solar with the support of its management team and dedicated employees ensures that its modules meet standards of quality and reliability. These modules have been certified by TUV labs. Hold certifications from TUV, Solar PLC, BIS, and ALMM. Additionally Alpex Solar provides a 25-year warranty, for power generation.
Alpex Solar IPO Complete Details:
Alpex Solar IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Alpex Solar is Around 200 Rs.
Objects Of Issue:
1) Securing capital for upgrading and expanding our current solar module manufacturing facility to accommodate an additional 750 MW capacity.
2) Acquiring funds for capital expenditure to establish a new manufacturing unit dedicated to producing aluminum frames for our solar modules.
3) Addressing the company’s working capital needs.
4) Covering general corporate expenses.
Promoters:
- Mr. Ashwani Sehgal
- Mrs. Monica Sehgal
- Mr. Vipin Sehgal
FAQs:
When Alpex Solar IPO is Opening?
Alpex Solar IPO is Opening on 08 February 2024.
When is the Alpex Solar IPO Closing?
Alpex Solar IPO is Closing on 12 February 2024.
What is the Issue Size of the Alpex Solar IPO?
The IPO Issue Size of Alpex Solar is 74.52 Crore.
Price Band of Alpex Solar IPO?
The price Band of Alpex Solar IPO is 109 to 115 rupees per share.
What is the minimum investment for an Alpex Solar IPO?
The minimum investment for the Alpex Solar IPO is 138,000 Rupees.
Allotment Date of Alpex Solar IPO?
The Allotment of Alpex Solar IPO is on 13 February 2024.
Listing Date of Alpex Solar IPO?
The Listing Of Alpex Solar is Scheduled on 15 February 2024.
One Should Apply for Alpex Solar IPO or Not?
Will Update Soon..
How to apply for Alpex Solar IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Alpex Solar IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Alpex Solar IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Alpex Solar IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Alpex Solar IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Alpex Solar IPO from the list ——–> Click on Alpex Solar IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Alpex Solar?
Corporate Capital Ventures Private Limited is the Lead Manager of Alpex Solar.
Where To Check the Allotment of Alpex Solar IPO?
The allotment status for the Alpex Solar IPO will be accessible on the Skyline Financial Services Private Limited Website.
Alpex Solar IPO is going to be listed at?
Alpex Solar IPO is going to be listed at NSE SME.
What is the Lot Size of the Alpex Solar IPO?
The lot size of the Alpex Solar IPO is 1200 Shares.
What is the P/E Ratio of the Alpex Solar IPO?
The P/E Ratio of the Alpex Solar is 54.66.
What is the ROE of the Alpex Solar IPO?
The ROE of the Alpex Solar IPO is 09.55%.
What is the ROCE of the Alpex Solar IPO?
The ROCE of the Alpex Solar IPO is 18.81%.
What is the EPS of the Alpex Solar IPO?
The EPS of the Alpex Solar IPO is 2.1.
