Alpex Solar-based Initial public offering: The first sale of stock of Alpex Solar powered, which will be shut on Monday, February 12, has gotten an incredible reaction from financial backers.

Till 10:32 am on the last day of offering on Monday, the Initial public offering got 105.26 times membership, collecting offers for 45,37,30,800 offers as against 43,10,400 offers on offer.

The Rs 74.52-crore Initial public offering was opened for public membership on Thursday, February 8.

Alpex Solar powered Initial public offering Closes Today

The retail class has gotten 165.24 times membership and the non-institutional share got 104.31 times membership. The QIB class got 100% membership.

The assignment of Alpex Sun powered Initial public offering will happen on February 13, while its posting will occur on the NSE SME on February 15, 2024.

Alpex Sun-based Initial public offering GMP Today

As per market onlookers, unlisted portions of Alpex Sun powered Ltd are exchanging Rs 190 higher in the dim market as contrasted and its issue cost.

The Rs 190 dim market premium or GMP implies the dark market is expecting a 165.22 per cent posting gain from the public issue. The GMP depends on market opinions and continues to change.

The base part size for an application is 1,200 offers. The base measure of venture expected by retail financial backers is Rs 1,38,000. The base parcel size speculation for HNI is 2 parts (2,400 offers) adding up to Rs 2,76,000.

Corporate Capitalventures Pvt Ltd is the book-running lead administrator of the Alpex Sun-based Initial public offering, while Horizon Monetary Administrations Private Ltd is the enlistment centre for the issue. The market producer for Alpex Sunlight based Initial public offering is Ss Corporate Protections.

Alpex Sunlight-based Initial Public Offering Subtleties

The Alpex Solar-based Initial public offering is a new issue of 64.8 lakh shares. The value band of the Initial public offering was fixed at Rs 109 to Rs 115 for each offer.

‘Dim market premium’ shows financial backers’ availability to address more than the issue cost.