Apex Ecotech IPO

Founded in 2009, Apex Ecotech Limited provides water and wastewater treatment, recycling, and reuse solutions. The company's services include setting up Raw Water Treatment Plants for industrial processes, Effluent & Sewage Treatment Plants to meet pollution norms, providing Sludge Dewatering Equipment, recycling of pre-treated wastewater through membrane systems (Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, etc.) and Thermal / Vapor Compression- based Evaporators & Crystallizers for Zero Liquid Discharge systems. In addition, the company also offers its customers after-sales support as well as operation and maintenance services. Apex Ecotech's customers include Aditya Birla Group, Ashok Leyland, Apotex Research, Bharatiyam, Escorts Kubota, Haldiram, Hero Motocorp, Honda Cars, Honda Scooters & Motorcycle, HUL, Jubilant, Kohler, Lenskart, Mahindra & Mahindra, PepsiCo, Piramal Pharma, Reckitt Benckiser, Shimizu Corporation, SMCC, Takenaka and many more esteemed users. The company has successfully supplied complete ZLD systems achieving more than 98% overall recovery for water reuse applications such as process water applications, boiler feed, cooling tower make-up water, air washers, horticulture, toilet flushing, etc. Competitive strengths: In-house design, engineering, and execution team Experienced Promoters and Management Team Integrated expertise and solid partnerships Track record of successful projects Geographical presence Strong customer relationships As of July 29, 2024, the company employed 118 full-time employees (including executive directors).

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects: To meet Working Capital Requirements; General corporate purposes; and To meet Public Issue Expenses.

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