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Alpex Solar Ltd
Alpex Solar Ltd
Registered Office : B-79, Shivalik Enclave Near-,Malviya Nagar,New Delhi New Delhi 110017 Phone : +91 99717 51589
Fax :
Email : csalpex@alpexonline.com
Website : www.alpexsolar.com
Public issue of 64,80,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Alpex Solar Limited (the "Company" or the "Issuer") for cash at a price of Rs. 115 per equity (the "Issue Price") aggregating to Rs. 74.52 ("The Issue") comprising of a fresh issue of 64,80,000 equity shares aggregating to Rs. 74.52 crores (the "Fresh Issue") of which 3,24,000 equity shares aggregating to Rs. 3.73 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 61,56,000 equity shares aggregating to Rs. 70.79 crores (the "Net Issue"). The issue and the net issue will constitute 26.48% and 25.15% respectively of the post issue paid up equity share capital of the company.
Opens On
Closes On
08-Feb-2024
12-Feb-2024
Application
Allotment
115.00
0.00
Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
74.52
74.52
24.47
115.00
Corporate Capitalventures Pvt Ltd
- Funding capital expenditure for upgrading and expansion of its existing solar module manufacturing facility by incresing 750 MW
- Funding capital expenditure towards setting up of new manufactureing unit Aluminium frame for its solar module
- To meet working capital requirements of the company
- General corporate expenses
- Ashwani Sehgal
- Monica Sehgal
- Vipin Sehgal
- NSE - SME
- Skyline Financial Services Pvt