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Ahasolar Technologies IPO vs Alphalogic Industries IPO

Comparison between Ahasolar Technologies IPO and Alphalogic Industries IPO.

IPO Details

Ahasolar Technologies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Alphalogic Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Ahasolar Technologies IPOAlphalogic Industries IPO
LogoAhasolar Technologies IPO LogoAlphalogic Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.Cameo Corporate Services Ltd.
Market MakerSunflower Broking Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ahasolar Technologies IPO is up to ₹12.18 Cr whereas the issue size of the Alphalogic Industries IPO is up to ₹12.23 Cr. The final issue price of Ahasolar Technologies IPO is ₹157.00 per share and of Alphalogic Industries IPO is ₹96.00 per share.

 Ahasolar Technologies IPOAlphalogic Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹157.00 per share₹96.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares1200 shares
Fresh Issue Size7,76,000 shares12,74,400 shares
Fresh Issue Size (Amount)up to ₹12.18 Crup to ₹12.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total7,76,000 shares12,74,400 shares
Issue Size Total (Amount)up to ₹12.18 Crup to ₹12.23 Cr

IPO Timetable

Ahasolar Technologies IPO opens on Jul 10, 2023, while Alphalogic Industries IPO opens on Jul 03, 2023. The closing date of Ahasolar Technologies IPO and Alphalogic Industries IPO is Jul 13, 2023, and Jul 06, 2023, respectively.

 Ahasolar Technologies IPOAlphalogic Industries IPO
Anchor Bid Date
Issue OpenJul 10, 2023Jul 03, 2023
Issue CloseJul 13, 2023Jul 06, 2023
Basis Of Allotment (Tentative)Jul 18, 2023Jul 11, 2023
Initiation of Refunds (Tentative)Jul 19, 2023Jul 12, 2023
Credit of Share (Tentative)Jul 20, 2023Jul 13, 2023
Listing date (Tentative)Jul 21, 2023Jul 14, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ahasolar Technologies IPO P/E ratio is 27.45, as compared to Alphalogic Industries IPO P/E ratio of 22.3.

 Ahasolar Technologies IPOAlphalogic Industries IPO
Financials
Ahasolar Technologies Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20138.63128.702.072.161.1623.04
31-Mar-2185.47187.737.9110.089.0824.24
31-Mar-22237.371,714.6468.6378.7177.7158.18
31-Mar-23525.562,105.16176.38405.07178.690.00
Amount in ₹ Lakhs
Alphalogic Industries Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-2176.90322.338.2918.298.2955.75
31-Mar-22373.94784.3330.5185.4665.85168.24
31-Mar-23917.731,823.14219.41433.58402.30370.83
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)50.31100.00
Promoter Shareholding (Post-Issue)36.9573.67
P/E Ratio27.4522.3
Market Cap₹48.39 Cr.₹48.91 Cr.
ROE72.92%0.85
ROCE63.53%0.75
Debt/Equity0.86
EPS₹7.94₹111.53
RoNW43.54%50.60%

Shares Offered

In the Ahasolar Technologies IPO Retail Individual Investors (RII) are offered 3,88,000 shares while in Alphalogic Industries IPO retail investors are offered 3,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Ahasolar Technologies IPO and 0 shares in Alphalogic Industries IPO.

 Ahasolar Technologies IPOAlphalogic Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration42,400 shares67,200 shares
QIB0 shares
NII3,88,000 shares5,70,000 shares
RII3,88,000 shares5,71,200 shares
Employee0 shares
Others
Total7,76,000 shares12,74,400 shares

Bids Received (Subscription)

Ahasolar Technologies IPO subscribed 34.79x in total, whereas Alphalogic Industries IPO subscribed 5.34x.

 Ahasolar Technologies IPOAlphalogic Industries IPO
QIB (times)
NII (times)23.37x4.24x
Big NII (times)
Small NII (times)
RII (times)46.18x5.19x
Employee (times)
Other (times)
Total (times)34.79x5.34x