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Alpex Solar: IPO, Share Price and Results Since Listing
Alpex Solar listed on NSE Emerge on 15 February 2024 after an IPO at INR 115 a share. On 11 November 2026 the shares closed at INR 756.05, 557.43% above the issue price. For H2 FY2025 it reported revenue of INR 515.02 crore and a profit after tax of INR 58.71 crore.
Key Facts
- IPO dates
- 8 February 2024 to 12 February 2024
- Issue price
- INR 115
- Issue size
- INR 74.52 crore
- Subscription
- 324.11 times
- Lead manager
- Corporate Capital Ventures Private Limited
- Listing day
- opened at INR 329 (+186.09%), closed at INR 345.45 (+200.39%)
- Listed on NSE Emerge
- 15 February 2024
- Symbol
- ALPEXSOLAR
- Latest close
- INR 756.05 on 11 November 2026
- Against issue price
- +557.43%
- Lot size now
- 100 shares (INR 75,605 at the latest close)
Results Filed With NSE
Consolidated figures, INR crore. Change compares with the same period a year earlier.
| Period | Revenue | Change | Profit after tax | EPS (INR) | Filed | |
|---|---|---|---|---|---|---|
| Q1 FY2027 | 503.42 | +32.37% | 39.87 | 15.61 | after listing | 14 August 2026 |
| Q4 FY2026 | 671.96 | +105.25% | 53.27 | 20.85 | after listing | 21 May 2026 |
| FY2026 | 2,223.27 | +184.98% | 201.51 | 80.52 | after listing | 21 May 2026 |
| Q3 FY2026 | 648.08 | – | 54.27 | 21.25 | after listing | 9 February 2026 |
| Q2 FY2026 | 522.92 | – | 52.67 | 21.45 | after listing | 3 November 2025 |
| Q1 FY2026 | 380.32 | – | 42.28 | 17.28 | after listing | 11 August 2025 |
| H2 FY2025 | 515.02 | – | 58.71 | 23.99 | after listing | 25 June 2025 |
| FY2025 | 780.15 | – | 83.48 | 34.11 | after listing | 25 June 2025 |
| Q4 FY2025 | 327.39 | – | 35.32 | 14.43 | after listing | 22 May 2025 |
Promoter Holding
Promoter holding has moved from 68.76% on 14 February 2024 to 65.90% on 30 September 2026 (-2.86 percentage points).
| As of | Promoters | Public |
|---|---|---|
| 30 September 2026 | 65.90% | 34.10% |
| 30 June 2026 | 65.90% | 34.10% |
| 31 March 2026 | 65.90% | 34.10% |
| 31 December 2025 | 65.89% | 34.11% |
| 30 September 2025 | 65.89% | 34.11% |
| 24 September 2025 | 65.89% | 34.11% |
| 30 June 2025 | 68.76% | 31.24% |
| 31 March 2025 | 68.76% | 31.24% |
| 30 September 2024 | 68.76% | 31.24% |
| 31 March 2024 | 68.76% | 31.24% |
| 14 February 2024 | 68.76% | 31.24% |
Anchor Lock-ins
| Lock-in | Ends |
|---|---|
| 30 days | 14 March 2024 |
| 90 days | 13 May 2024 |
Next Board Meeting
13 November 2026: Financial results
Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.