Alpex Solar Ltd.
Industry:
Electric Equipment
Issue Details
Open Date
08 Feb 2024Close Date
12 Feb 2024Size (in Crs.)
74.52
Size (Shares)
-Listing On
NSE
Issue Terms
Price Range
-6Lot Size
1200
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1) Funding Capital Expenditure for upgradation and expansion of our existing solar module manufacturing facility by increasing 750 MW.2) Funding Capital Expenditure towards setting up of a new manufacturing unit for Aluminum frame for our solar module.3) To Meet Working Capital requirements of the Company.4) General Corporate Expenses.
Description
Alpex is a solar photovoltaic (PV) module manufacturer in North India. Our PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. Our portfolio of solar energy products consists of bifacial, mono perc, Half-cut solar PV modules. We also provide integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.We manufacture and deliver solar panels in the B2B space and also serve as a ... Show More
Address
B-79 Shivalik Enclave , Near Malviya Nagar ,
New Delhi
110017
State
Delhi
Phone No.
9971751589
Website
www.alpexsolar.com / www.alpexonline.com
Promoter Holding
Promoters:
Aditya Sehgal, Ashwani Sehgal, Ashwani Sehgal HUF, Krishma Machine Tools Pvt Ltd., Monica Sehgal, Vipin Sehgal
Total Share Capital
16829100
Offered to Public
6480000
% Promoter's Holding (Pre-Issue)
93.53
% Promoter's Holding (Post-Issue)
68.76
Shares on offer
Total Share Offer
16829100
Of above offred to public
6480000
Post Issue shares
NA
Post Issue Promoters
68.76
Lead Managers to the Issue:
Corporate Capital Ventures Pvt Ltd.
Registrar Details
Registrar Name:
Skyline Financial Services Pvt Ltd
Address
D-153/A, 1st Floor , Okhla Industrial Area , Phase - I , New Delhi
110020