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Alpex Solar Limited logo

Alpex Solar Limited IPO

SME IPOListedALPEXSOLARNSE
Current Market Price (CMP)
₹838.95(+629.52%)
Current Price (CMP)
₹838.95(+629.52%)

Live Market Quote

Listing Price & Gain
₹329(+186.09%)

Day 1 Exchange Open

IPO Issue Price
₹115

Band: ₹109 - ₹115

Total Subscription
301.45x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
08 Feb 2024
IPO Bidding Closes
12 Feb 2024
Allotment & Refunds
Completed
Exchange Listing Day
15 Feb 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 301.45x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription301.45x
Updated as on 12-Feb-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+186.09%
₹115 (Issue) → ₹329 (List)
Per share profit: +₹214.00
Holding Return (Till Date)+629.52%
₹115 (Issue) → ₹838.95 (CMP)
Net gain per share: +₹723.95
Post-Listing Performance (Listing Day → Today):+155.00%

About Alpex Solar Limited IPO

Alpex Solar Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 08 Feb 2024 and concluded on 12 Feb 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹109 - ₹115.

During the bidding window, Alpex Solar Limited witnessed heavy demand with an overall subscription of 301.45 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Alpex Solar Limited officially debuted on the stock exchanges on 15 Feb 2024 at an opening listing price of ₹329, delivering a listing day return of +186.09% (premium) over the final issue price. As per the latest market data, the stock trades at ₹838.95, representing an overall gain of +629.52% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Alpex Solar Limited IPO?
The issue price of Alpex Solar Limited IPO was fixed at ₹115 per equity share. The indicative bidding price band was ₹109 - ₹115.
What were the open, close, and listing dates for Alpex Solar Limited IPO?
Alpex Solar Limited IPO opened on 08 Feb 2024, closed on 12 Feb 2024, listed on 15 Feb 2024.
How much was Alpex Solar Limited IPO subscribed?
The IPO received an overall subscription of 301.45 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Alpex Solar Limited IPO?
Alpex Solar Limited IPO listed on the stock exchange at ₹329, delivering a listing gain of 186.09% compared to the IPO issue price of ₹115.
Is Alpex Solar Limited IPO a Mainboard or SME IPO?
Alpex Solar Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Alpex Solar Limited IPO since its IPO?
At the latest market quote of ₹838.95, Alpex Solar Limited IPO has generated an all-time return of +629.52% since its initial public offering.

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