Alpex Solar IPO Allotment To Be Out Soon: Follow These Steps To Check Allotment Status

On the last day of subscription for Alpex Solar IPO, the total subscription reached 324.03 times, with QIB's subscribing 141.48 times, non-institutional buyers 502.31 times, and retail investors 351.89 times, as per chittogarh.com.

The IPO is worth Rs 74.52 crore, and it consists entirely of fresh issues of 64.8 lakh shares. The price band for the IPO was set between Rs 109 to Rs 115 per share.

The allotment for the Alpex Solar IPO is expected to be finalised anytime soon today on Tuesday, February 13, 2024.

• Go to the official website of Skyline Financial Services here: https://www.skylinerta.com/ipo.php

• Look for the "Check Application Status" section.

• In the drop-down menu, select "Alpex Solar Limited" (the name will appear once the allocation is confirmed).

• Choose one of these options: Application number, Demat Account number, or PAN ID.

• Enter your application number, PAN, or DPID as requested.

• Complete the security "captcha" by filling in the displayed characters.

• Click the "Submit" button.

• Your allocation details will now be available.

• Download or print the allotment status for your own records

Shares of Alpex Solar Limited are set to list on NSE SME on Thursday, February 15.

• IPO Open Date: Thursday, February 8

• IPO Close Date: Monday, February 12

• Basis of Allotment: Tuesday, February 13

• Initiation of Refunds: Wednesday, February 14

• Credit of Shares to Demat: Wednesday, February 14

• Listing Date: Thursday, February 15

Established in August 1993, Alpex Solar Limited is a solar panel manufacturer using monocrystalline and polycrystalline cell technologies. They offer various solar panel modules and comprehensive solar energy solutions, serving clients like Tata Power and BVG India. The company holds ISO certifications for quality and operates from a manufacturing facility in Greater Noida, with offices in multiple locations.