Bookbuilding IPO | ₹61 Cr | Listed at BSE, NSE | Thu, Jul 12, 2007 - Tue, Jul 17, 2007
Alpa Laboratories IPO is a book build issue of ₹61.07 crores. The issue is entirely a fresh issue of 0.90 crore shares of ₹61.07 crore.
Alpa Laboratories IPO bidding started from Jul 12, 2007 and ended on Jul 17, 2007. The shares got listed on BSE, NSE on Aug 6, 2007.
Alpa Laboratories IPO price band is set at ₹68 per share. The lot size for an application is 100. The minimum amount of investment required by an retail is ₹6,800 (100 shares) (based on upper price). The lot size investment for sNII is 30 lots (3,000 shares), amounting to ₹2,04,000, and for bNII, it is 148 lots (14,800 shares), amounting to ₹10,06,400.
The issue includes a reservation of up to 2,50,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Almondz Global Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Alpa Laboratories IPO RHP for detailed Information.
IPO Open
Thu, Jul 12, 2007
IPO Close
Tue, Jul 17, 2007
Issue Price
₹68 per share
Market Cap (Pre-IPO)
₹146.61 Cr
| IPO Date | 12 to 17 Jul, 2007 |
| Listed on | Mon, Aug 6, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹62 to ₹68 |
| Issue Price | ₹68 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 89,80,600 shares (agg. up to ₹61 Cr) |
| Fresh Issue | 89,80,600 shares (agg. up to ₹61 Cr) |
| Share Holding Pre Issue | 1,20,60,000 shares |
| Share Holding Post Issue | 2,15,60,000 shares |
| BSE Script Code / NSE Symbol | 532878 / ALPA |
| ISIN | INE385I01010 |
Alpa Laboratories IPO comprises a total issue size of 95,00,000 shares. The net offer to the public is 92,50,000 shares, after excluding 2,50,000 shares under a preferential allotment. Of the Net offer 46,25,000 (50.00%) are allocated to QIB, 13,87,500 (15.00%) allocated to NII 32,37,500 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 46,25,000 | 50.00% | 48.68% | NA |
| NII (HNI) Shares Offered | 13,87,500 | 15.00% | 14.61% | NA |
| Retail Shares Offered | 32,37,500 | 35.00% | 34.08% | 32,375 |
| Preferential Reservations | ||||
| Employee Shares Offered | 2,50,000 | 2.63% | NA | |
| Total Shares Offered | 95,00,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 100 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹6,800 |
| Retail (Max) | 29 | 2,900 | ₹1,97,200 |
| S-HNI (Min) | 30 | 3,000 | ₹2,04,000 |
| S-HNI (Max) | 147 | 14,700 | ₹9,99,600 |
| B-HNI (Min) | 148 | 14,800 | ₹10,06,400 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Alpa Laboratories Limited is in the business of manufacturing of pharmaceutical formulations. Alpa manufacture a range of products such as ethical drugs, generic drugs, over the counter drugs (OTC) and veterinary products in various dosage forms. It also manufacture formulations for a number of other pharmaceutical companies of national and international repute such as Cipla, Zydus Cadila, Lupin, Glenmark, Genom Biotech, Jenburkt, etc. (under their own brands).
Alpa Laboratories manufacture various dosage forms which include injectables (vials / ampoules both liquid and dry), tablets, capsules, eye / ear drops, ointment and creams and dry syrups.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new plant at Pigdamber, Indore for increasing our production & testing capacities | 87.60 |
| 2 | Meeting Margin money working capital requirements | 30.64 |
| 3 | General Corporate Purposes and | 6.51 |
| 4 | Meeting Issue Expenses | 5.33 |
| KPI | |
|---|---|
| RoNW | 23.57% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 55.94% |
| Market Cap | ₹146.61 Cr. |
The Alpa IPO is subscribed 1.11 times on July 17, 2007 5:00:00 PM (Day 4). The public issue subscribed 2.14 times in the retail category, 0.18 times in the QIB category, and 1.99 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management Fee | 0.81 |
| 2 | Registrars fees | 0.32 |
| 3 | Fee for Legal Counsel | 0.16 |
| 4 | Printing and Distribution of Issue Stationery | 1.29 |
| 5 | Advertising and Marketing expenses | 1.29 |
| 6 | Other expenses (stamp duty, initial listing fees, depository fees, charges for using the book building software of the exchanges and other related expenses) | 1.45 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹68.00 | ₹68.00 |
| Open | ₹60.00 | ₹61.00 |
| Low | ₹54.00 | ₹53.75 |
| High | ₹65.00 | ₹62.00 |
| Last Trade | ₹55.60 | ₹55.15 |
Lead Manager Reports
Alpa Laboratories IPO is a main-board IPO of 89,80,600 equity shares of the face value of ₹10 aggregating up to ₹61 Crores. The issue is priced at ₹68 per share. The minimum order quantity is 100.
The IPO opens on Thu, Jul 12, 2007, and closes on Tue, Jul 17, 2007.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Alpa Laboratories IPO using UPI as a payment gateway. Zerodha customers can apply in Alpa Laboratories IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Alpa Laboratories IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Alpa Laboratories IPO opens on Thu, Jul 12, 2007 and closes on Tue, Jul 17, 2007.
Alpa Laboratories IPO lot size is 100, and the minimum amount required for application is ₹6,800.
You can apply in Alpa Laboratories IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Alpa Laboratories IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Alpa Laboratories IPO allotment status.
The Alpa Laboratories IPO listing date is on Mon, Aug 6, 2007.
