Alpex Solar IPO Latest GMP: Step By Step Guide To Check Allotment Status Online On BSE

alpex solar ipo latest gmp: step by step guide to check allotment status online on bse

Alpex Solar Limited is set to make its mark on the market with a book-built IPO of Rs 74.52 crores, consisting entirely of a fresh issue of 64.8 lakh shares. The bidding of Alpex Solar commenced on February 8, 2024, and concluded on February 12, 2024.

Alpex Solar IPO Allotment DateThe allotment results for the Alpex Solar IPO are anticipated to be unveiled on Tuesday, February 13, 2024.

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Alpex Solar IPO Listing DateThe Alpex Solar IPO is set to make its debut on NSE SME, with the tentative listing date fixed for Thursday, February 15, 2024.

Alpex Solar IPO Price Band And Minimum InvesmentThe Alpex Solar IPO is priced between Rs 109 to Rs 115 per share, the Alpex Solar IPO beckons investors with a minimum lot size of 1200 shares and a retail investment requirement of Rs 138,000. High Net Worth Individuals (HNIs) are required to invest a minimum of 2 lots (2,400 shares) amounting to Rs 276,000.

Alpex Solar IPO GMP As per multiple websites that track the grey market premium activities, the shares of Alpex Solar IPO are commanding a GMP in the price range of Rs 140 – Rs 150 in the unlisted market.

To check Alpex Solar IPO allotment status on BSE, applicants can follow specific steps on the official BSE website, entering their application number and PAN details.

–Visit the official BSE website at bseindia.com/investors/appli_check.aspx.

–Choose the option for Alpex Solar IPO.

–Enter your Alpex Solar IPO application number.

–Provide your PAN details as required.

–Complete the captcha by clicking on ‘I’m not a robot’.

–Finally, click the ‘Submit’ button to retrieve the allotment status

Corporate Capitalventures Pvt Ltd leads the way as the book running lead manager, orchestrating the IPO proceedings, while Skyline Financial Services Private Ltd handles the role of registrar. Corporate Securities steps in as the market maker for the Alpex Solar IPO.

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The company was established in 1993 and Alpex Solar Limited specialises in manufacturing solar panels, utilising both monocrystalline and polycrystalline cell technologies. Their diverse range of solar panel modules includes bifacial, mono PERC, and Half-Cut modules. The company extends its expertise to providing solar energy solutions, encompassing AC/DC solar pumps and EPC services for surface and submersible categories.