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Alphalogic Industries IPO vs Synoptics Technologies IPO

Comparison between Alphalogic Industries IPO and Synoptics Technologies IPO.

IPO Details

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

 Alphalogic Industries IPOSynoptics Technologies IPO
LogoAlphalogic Industries IPO LogoSynoptics Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.First Overseas Capital Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Alphalogic Industries IPO is up to ₹12.23 Cr whereas the issue size of the Synoptics Technologies IPO is up to ₹51.33 Cr. The final issue price of Alphalogic Industries IPO is ₹96.00 per share and of Synoptics Technologies IPO is ₹237.00 per share.

 Alphalogic Industries IPOSynoptics Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹96.00 per share₹237.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares600 shares
Fresh Issue Size12,74,400 shares13,66,000 shares
Fresh Issue Size (Amount)up to ₹12.23 Crup to ₹32.37 Cr
OFS Issue Size0 shares8,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹18.96 Cr
Issue Size Total12,74,400 shares21,66,000 shares
Issue Size Total (Amount)up to ₹12.23 Crup to ₹51.33 Cr

IPO Timetable

Alphalogic Industries IPO opens on Jul 03, 2023, while Synoptics Technologies IPO opens on Jun 30, 2023. The closing date of Alphalogic Industries IPO and Synoptics Technologies IPO is Jul 06, 2023, and Jul 05, 2023, respectively.

 Alphalogic Industries IPOSynoptics Technologies IPO
Anchor Bid Date
Issue OpenJul 03, 2023Jun 30, 2023
Issue CloseJul 06, 2023Jul 05, 2023
Basis Of Allotment (Tentative)Jul 11, 2023Jul 10, 2023
Initiation of Refunds (Tentative)Jul 12, 2023Jul 11, 2023
Credit of Share (Tentative)Jul 13, 2023Jul 12, 2023
Listing date (Tentative)Jul 14, 2023Jul 13, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Alphalogic Industries IPO P/E ratio is 22.3, as compared to Synoptics Technologies IPO P/E ratio of 25.32.

 Alphalogic Industries IPOSynoptics Technologies IPO
Financials
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
Synoptics Technologies Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-203,326.202,211.43182.061,208.47508.471,290.16
31-Mar-213,759.783,479.91236.021,444.49744.491,194.71
31-Mar-224,279.805,097.07432.361,876.851,176.851,410.03
31-Dec-225,379.953,446.81525.362,402.211,702.211,959.06
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.6773.11
P/E Ratio22.325.32
Market Cap₹48.91 Cr.₹200.98 Cr.
ROE0.8521.87%
ROCE0.7519.16%
Debt/Equity0.860.82
EPS₹111.53₹4.65
RoNW50.60%19.48%

Shares Offered

In the Alphalogic Industries IPO Retail Individual Investors (RII) are offered 5,71,200 shares while in Synoptics Technologies IPO retail investors are offered 5,71,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Alphalogic Industries IPO and in Synoptics Technologies IPO.

 Alphalogic Industries IPOSynoptics Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration67,200 shares1,14,000 shares
QIB0 shares
NII5,70,000 shares10,83,000 shares
RII5,71,200 shares10,83,000 shares
Employee0 shares
Others
Total12,74,400 shares21,66,000 shares

Bids Received (Subscription)

Alphalogic Industries IPO subscribed 5.34x in total, whereas Synoptics Technologies IPO subscribed 2.66x.

 Alphalogic Industries IPOSynoptics Technologies IPO
QIB (times)
NII (times)4.24x2.58x
Big NII (times)
Small NII (times)
RII (times)5.19x2.54x
Employee (times)
Other (times)
Total (times)5.34x2.66x