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ALPEXSOLARSME / NSEListed

Alpex Solar Limited

Alpex Solar Limited, established in August 1993, is a leading solar panel manufacturer utilizing monocrystalline and polycrystalline cell technologies. The company offers a range of solar panel modules, including bifacial, mono PERC, and Half-Cut types, along with AC/DC solar pumps and EPC solutions for solar energy projects. Alpex Solar serves notable clients such as SolarWorld Energy Solutions, BVG India, Tata Power, Hild Energy, and Shakti Pumps India. The company holds multiple quality certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Its manufacturing facility is in Greater Noida, with additional offices in Delhi, Mumbai, Himachal Pradesh, Chittorgarh, Jaipur, Tirupur, and Ludhiana. As of November 2023, Alpex Solar employs 196 professionals across various departments, driving innovation in renewable energy solutions.

₹109 - ₹115324.11x sub
Listed Price329.00
Listing Gain+186.09%
TimelineBook Built Issue IPO
Open08 Feb 2024
Close12 Feb 2024
Allotment13 Feb 2024
Listing15 Feb 2024

Quota Reservation Portions

RetailPortion: 21,55,200 shares
33.26%
Nii(hni)Portion: 9,24,000 shares
14.26%
QIBPortion: 12,31,200 shares
19%
Market MakerPortion: 3,24,000 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,38,000
HNI2 lots / 2,400 shares
₹2,76,000

About the Company

Alpex Solar Limited, established in August 1993, is a leading solar panel manufacturer utilizing monocrystalline and polycrystalline cell technologies. The company offers a range of solar panel modules, including bifacial, mono PERC, and Half-Cut types, along with AC/DC solar pumps and EPC solutions for solar energy projects. Alpex Solar serves notable clients such as SolarWorld Energy Solutions, BVG India, Tata Power, Hild Energy, and Shakti Pumps India. The company holds multiple quality certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Its manufacturing facility is in Greater Noida, with additional offices in Delhi, Mumbai, Himachal Pradesh, Chittorgarh, Jaipur, Tirupur, and Ludhiana. As of November 2023, Alpex Solar employs 196 professionals across various departments, driving innovation in renewable energy solutions.

Company Promoters

Mr. Ashwani SehgalMrs. Monica SehgalMr. Vipin Sehgal