Alpex Solar Limited IPO
Alpex Solar Limited was a SME IPO in the Other Electrical Equipment sector, offered at ₹109–₹115 per share to raise ₹74 crore. It listed on 15 Feb 2024 at ₹329 and closed its first day at ₹345, a listing gain of +200.4% versus the ₹115 issue price. It now trades around ₹660 (+474.3% versus the issue price).
Frequently asked questions
- What were the Alpex Solar Limited IPO listing gains?
- Alpex Solar Limited listed on 15 Feb 2024 at ₹329, closing its first day at ₹345 — a listing gain of +200.4% versus the ₹115 issue price.
- What was the price band and lot size of the Alpex Solar Limited IPO?
- The price band was ₹109–₹115 per share, with a minimum lot of 1,200 shares (₹1,38,000 at the upper band).
- Who were the registrar and lead manager for the Alpex Solar Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Corporate Capital Ventures was the book-running lead manager.