Apex Ecotech Limited IPO Review
Neutral73-73 · SME
✦
Analyst Verdict
Apex Ecotech Limited IPO
Neutral
IPO at a Glance
Price Band
73-73
Issue Size
26cr
Min. Investment
₹1,16,800
Opens
2024-11-25
Closes
2024-11-27
Listing
2024-12-02
Category
SME
Key Strengths
✓In-house team ensures efficient execution and adherence to specifications.
✓Expertise in complex water and wastewater treatment projects.
✓Promoters and management with 120+ years of combined experience.
✓Strong partnerships with reliable vendors and technology providers.
✓Presence across India and international markets for diverse opportunities.
Key Risks
⚠Revenue concentration in key industries and Maharashtra-dependent supply chain pose risks.
⚠High working capital needs and debt reliance strain financial stability.
⚠Limited long-term contracts expose revenue to variability.
⚠Cost overruns in projects and inflation risks affect profitability.
⚠Compliance delays and high debt burden impact operations and credit ratings.
Frequently Asked Questions
Should I apply for Apex Ecotech Limited IPO?
Based on our analysis, our rating for Apex Ecotech Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Apex Ecotech Limited IPO?
Revenue concentration in key industries and Maharashtra-dependent supply chain pose risks. High working capital needs and debt reliance strain financial stability. Limited long-term contracts expose revenue to variability.
What are the strengths of Apex Ecotech Limited IPO?
In-house team ensures efficient execution and adherence to specifications. Expertise in complex water and wastewater treatment projects. Promoters and management with 120+ years of combined experience.
What is the price band of Apex Ecotech Limited IPO?
The price band for Apex Ecotech Limited IPO is 73-73. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more