The Alpex Solar company is set to launch its IPO, offering investors the opportunity to invest in the company’s solar panel manufacturing business. The IPO application period started on 8th February, 2024, and will close on 12th February, 2024. Alpex Solar Limited produces a wide range of solar energy products and provides integrated solar energy solutions. The company’s target is to expand its business in the B2C segment for solar water pumps.

Key Details about Alpex Solar IPO:

– IPO Name: Alpex Solar IPO
– Lot Size: 1200 shares
– Issue Price Range: Rs. 109 to Rs. 115 per share
– Minimum Investment: Rs. 130,800
– Total Issued Shares: Rs. 74.52 crore
– IPO Application Dates: 8th February to 12th February, 2024
– Allotment Date: 13th February, 2024
– Listing Date: 15th February, 2024

Alpex Solar IPO Lot Size and Reservation

The Alpex Solar IPO has a lot size of 1200 shares with a minimum investment of Rs. 130,800. The company has reserved shares for different categories of investors including Anchor Investors, market makers, qualified buyers, NII (HNI) investors, and retail investors.

Alpex Solar IPO Anchor Investors

Anchor Investors have been invited to invest approximately Rs. 21.22 crores in Alpex Solar IPO. The bidding for Anchor Investors started on 7th February, 2024.

Alpex Solar IPO Financial Condition

Alpex Solar was founded in 1993 and has shown steady revenue growth over the last three years. The company’s total assets have also seen a consistent increase.

How To Check Alpex Solar IPO Allotment Status on NSE

Investors who have applied for the Alpex Solar IPO can check their allotment status on the NSE website by following the instructions provided.

FAQs

1. How can I apply for the Alpex Solar IPO?

To apply for the Alpex Solar IPO, investors can follow the application process through their respective trading accounts.

2. What is the lot size for the Alpex Solar IPO?

The lot size for the Alpex Solar IPO is 1200 shares.

3. When is the listing date for the Alpex Solar IPO?

The listing date for the Alpex Solar IPO is scheduled for 15th February, 2024.

Conclusion

The Alpex Solar IPO presents an opportunity for investors to be part of a growing solar energy company. With a focus on expanding its business in the solar energy sector, Alpex Solar aims to drive sustainable growth and offer innovative solar energy solutions. Investors can consider this IPO for potential investment opportunities in the renewable energy industry.# Article Title: How to Check Alpex Solar IPO Allotment Status and Apply for IPO

Investing in an Initial Public Offering (IPO) can be a lucrative opportunity for investors to participate in the growth of a company. One such IPO that has garnered attention is the Alpex Solar IPO. Investors who have applied for this IPO are eager to know their allotment status. In this article, we will guide you on how to check the Alpex Solar IPO allotment status on various platforms and provide insights on applying for the IPO.

➤ How to Check Alpex Solar IPO Allotment Status:

➤# 1. Using BSE Website:
– Open a web browser and go to the BSE website (bseindia.com).
– Click on the ‘Investors’ tab, then ‘Investor Services’, and choose ‘Application Status’.
– Click on the application status check link, fill in your details, and check your allotment status.

➤# 2. Using Link in Time Website:
– Search for the Link in Time website.
– Fill in all the required details on the public issue page and submit.
– Your allotment status will be displayed on the website.

➤ How to Apply for Alpex Solar IPO through Grow & Angle One:

If you are new to investing in IPOs, follow these steps:
– Download the Angle One or Grow app from the Play Store.
– Create a demat account and fill in the necessary details.
– Navigate to the IPO section, select Alpex Solar IPO, and apply by specifying the number of lots and price.
– Complete the payment process through a UPI app.

➤ Alpex Solar IPO GMP & Review:

As of the latest update on 8th February 2024, the Grey Market Premium (GMP) for Alpex Solar IPO is Rs. 190. The expected listing price is Rs. 305 with a price band of Rs. 115 to Rs. 165.22%. The anticipated profit/loss percentage of this IPO is around 168%, making it a potentially profitable investment.

➤ Direct Links To Check Alpex Solar IPO Allotment Status:
– Alpex Solar IPO Allotment Status on BSE/NSE/Link in Time/Groww.

➤ FAQs on Alpex Solar IPO Date:

➤# 1. What is the starting Alpex Solar IPO Date?
– The starting Alpex Solar IPO Date is 8th February, 2024.

➤# 2. What will be the last date of application for Alpex Solar IPO?
– The last date for application for Alpex Solar IPO is 12th February, 2024.

➤# 3. What is the date of listing for Alpex Solar IPO?
– The date of listing for Alpex Solar IPO is 15th February, 2024.

Investors are advised to conduct thorough research and consult with financial advisors before making any investment decisions in IPOs.

—

In conclusion, participating in IPOs such as Alpex Solar can offer investors opportunities for potential growth and profit. By following the steps outlined in this article, investors can easily check their allotment status and apply for the IPO through various platforms. Stay informed, make informed decisions, and best of luck with your IPO investments!