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.
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 IPO | Synoptics Technologies IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹96.00 per share | ₹237.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1200 shares | 600 shares |
| Fresh Issue Size | 12,74,400 shares | 13,66,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.23 Cr | up to ₹32.37 Cr |
| OFS Issue Size | 0 shares | 8,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹18.96 Cr |
| Issue Size Total | 12,74,400 shares | 21,66,000 shares |
| Issue Size Total (Amount) | up to ₹12.23 Cr | up 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 IPO | Synoptics Technologies IPO |
|---|
| Issue Open | Jul 03, 2023 | Jun 30, 2023 |
| Issue Close | Jul 06, 2023 | Jul 05, 2023 |
| Basis Of Allotment (Tentative) | Jul 11, 2023 | Jul 10, 2023 |
| Initiation of Refunds (Tentative) | Jul 12, 2023 | Jul 11, 2023 |
| Credit of Share (Tentative) | Jul 13, 2023 | Jul 12, 2023 |
| Listing date (Tentative) | Jul 14, 2023 | Jul 13, 2023 |
Financials & KPIs
Alphalogic Industries IPO P/E ratio is 22.3, as compared to Synoptics Technologies IPO P/E ratio of 25.32.
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 IPO | Synoptics Technologies IPO |
|---|
| Market Maker Reservation | 67,200 shares | 1,14,000 shares |
| QIB | 0 shares | |
| NII | 5,70,000 shares | 10,83,000 shares |
| RII | 5,71,200 shares | 10,83,000 shares |
| Employee | 0 shares | |
| Total | 12,74,400 shares | 21,66,000 shares |
Bids Received (Subscription)
Alphalogic Industries IPO subscribed 4.76x in total, whereas Synoptics Technologies IPO subscribed 2.56x.