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Alphalogic Industries IPO is a fixed price issue of ₹12.88 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹12.88 crore.
Alphalogic Industries IPO bidding started from Jul 3, 2023 and ended on Jul 6, 2023. The allotment for Alphalogic Industries IPO was finalized on Jul 11, 2023. The shares got listed on BSE SME on Jul 14, 2023.
Alphalogic Industries IPO price is ₹96.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,15,200 (1200 shares). The minimum lot size investment for HNI is 2 lots (2,400 shares), amounting to ₹2,30,400.
Finshore Management Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Nikunj Stock Brokers Ltd..
Refer to Alphalogic Industries IPO RHP for detailed Information.
| IPO Date | July 3, 2023 to July 6, 2023 |
| Listing Date | July 14, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹96 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 13,41,600 shares (aggregating up to ₹12.88 Cr) |
| Reserved for Market Maker | 67,200 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.6451 Cr) |
| Net Offered to Public | 12,74,400 shares (aggregating up to ₹12.23 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 37,53,000 shares |
| Share Holding Post Issue | 50,94,600 shares |
Alphalogic Industries IPO offers total 13,41,600 shares. Out of which 5,70,000 (42.49%) allocated to NII, 5,71,200 (42.58%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 67,200 (5.01%) |
| NII (HNI) Shares Offered | 5,70,000 (42.49%) |
| Retail Shares Offered | 5,71,200 (42.58%) |
| Shareholders Shares Offered | 1,33,200 (9.93%) |
| Total Shares Offered | 13,41,600 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only NII | Above Rs 2 Lakhs | No |
| Only shareholder | Up to ShareHolder Reservation | Allowed only if bidding amount is upto Rs 2 lakhs |
| Shareholder + RII/NII |
|
Yes for shareholder/RII |
Note: To be eligible for the Shareholder Quota, you must hold shares in one of the following companies:
Alphalogic Industries IPO opens on July 3, 2023, and closes on July 6, 2023.
| IPO Open Date | Mon, Jul 3, 2023 |
| IPO Close Date | Thu, Jul 6, 2023 |
| Tentative Allotment | Tue, Jul 11, 2023 |
| Initiation of Refunds | Wed, Jul 12, 2023 |
| Credit of Shares to Demat | Thu, Jul 13, 2023 |
| Tentative Listing Date | Fri, Jul 14, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jul 6, 2023 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,15,200 |
| Retail (Max) | 1 | 1,200 | ₹1,15,200 |
| HNI (Min) | 2 | 2,400 | ₹2,30,400 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2020, Alphalogic Industries Limited, a subsidiary of M/s. Alphalogic Techsys Limited is engaged in the Design, Manufacturing, Supply, and Installation of Industrial and Institutional Storage Systems.
The company manufactures Compactor Storage Systems, Heavy Duty Storage Racks, Cantilever Racks, Lockers, Mezzanine Floors, Metal Pallets & Crates, Library Stacks, Book Case, Book Trolly, Periodical Display Rack, School Lockers, Book Support, etc.
Alphalogic Industries' manufacturing unit is located in Pimpri Chinchwad, Pune, Maharashtra.
The company has designed and delivered storage solutions for the automobile industry, e-commerce companies, the food industry, logistics companies, engineering companies, pharmaceutical organizations, educational institutes, IT companies, etc. In Fiscal Year 2023, the company has served over 150 clients in different industries.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 76.90 | 322.33 | 8.29 | 18.29 | 8.29 | 55.75 |
| 31-Mar-22 | 373.94 | 784.33 | 30.51 | 85.46 | 65.85 | 168.24 |
| 31-Mar-23 | 917.73 | 1,823.14 | 219.41 | 433.58 | 402.30 | 370.83 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Alphalogic Industries IPO is ₹48.91 Cr.
| KPI | Values |
|---|---|
| ROE | 0.85 |
| ROCE | 0.75 |
| Debt/Equity | 0.86 |
| RoNW | 50.60% |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] Though the company is in a highly competitive and fragmented segment, it has improved its market share and is confident of maintaining the trends going forward. An investor-friendly gesture of reserved quota for ATL stakeholders is a welcome step. Post-IPO small equity base indicates a longer gestation period for migration to the mainboard. Though the issue appears fully priced, well-informed investors may consider parking funds for the medium to long term. Read detail review...
| Listing Date | July 14, 2023 |
| BSE Script Code | 543937 |
| NSE Symbol | |
| ISIN | INE0NZF01019 |
| Final Issue Price | ₹96 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹96.00 |
| Open | ₹96.00 |
| Low | ₹96.00 |
| High | ₹98.30 |
| Last Trade | ₹96.29 |
Alphalogic Industries Ltd.
405, Pride Icon,
Near Columbia Asia Hospital,
Kharadi Bypass Road, Pune – 411014
Pune, Maharashtra
Phone: +91 82977 40000
Email: cs@alphalogicindustries.com
Website: https://alphalogicindustries.com/
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Alphalogic Industries IPO is a SME IPO of 13,41,600 equity shares of the face value of ₹10 aggregating up to ₹12.88 Crores. The issue is priced at ₹96 per share. The minimum order quantity is 1200.
The IPO opens on July 3, 2023, and closes on July 6, 2023.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Alphalogic Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Alphalogic Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Alphalogic Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Alphalogic Industries IPO opens on July 3, 2023 and closes on July 6, 2023.
Alphalogic Industries IPO lot size is 1200, and the minimum amount required for application is ₹1,15,200.
You can apply in Alphalogic Industries 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 Alphalogic Industries IPO will be done on Tuesday, July 11, 2023, and the allotted shares will be credited to your demat account by Thursday, July 13, 2023. Check the Alphalogic Industries IPO allotment status.
The Alphalogic Industries IPO listing date is on Friday, July 14, 2023.
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