Fixed Price IPO | ₹6 Cr | Listed at BSE SME | Mon, Aug 26, 2019 - Wed, Aug 28, 2019
Alphalogic Techsys IPO is a fixed price issue of ₹6.18 crores. The issue is entirely a fresh issue of 0.07 crore shares of ₹6.18 crore.
Alphalogic Techsys IPO bidding started from Aug 26, 2019 and ended on Aug 28, 2019. The allotment for Alphalogic Techsys IPO was finalized on Sep 3, 2019. The shares got listed on BSE SME on Sep 5, 2019.
Alphalogic Techsys IPO price is ₹84 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,34,400 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,68,800.
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 Techsys IPO RHP for detailed Information.
IPO Open
Mon, Aug 26, 2019
IPO Close
Wed, Aug 28, 2019
Issue Price
₹84 per share
Market Cap (Pre-IPO)
₹23.32 Cr
| IPO Date | 26 to 28 Aug, 2019 |
| Listed on | Thu, Sep 5, 2019 |
| Face Value | ₹10 per share |
| Issue Price | ₹84 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 7,36,000 shares (agg. up to ₹6 Cr) |
| Reserved for Market Maker | 36,800 shares Nikunj Stock Brokers Ltd. (agg. up to ₹0.3091 Cr) |
| Fresh Issue (Ex Market Maker) | 6,99,200 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 6,99,200 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 20,39,970 shares |
| Share Holding Post Issue | 27,75,970 shares |
| BSE Script Code | 542770 |
| ISIN | INE08E401011 |
Alphalogic Techsys IPO comprises a total issue size of 7,36,000 shares. The net offer to the public is 6,99,200 shares, after excluding 36,800 shares allotted on a firm basis. Of the Net offer 3,48,800 (49.89%) allocated to NII 3,50,400 (50.11%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 3,48,800 | 49.89% | 47.39% |
| Retail Shares Offered | 3,50,400 | 50.11% | 47.61% |
| Firm Reservations | |||
| Market Maker Shares Offered | 36,800 | 5.00% | |
| Total Shares Offered | 7,36,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,34,400 |
| Retail (Max) | 1 | 1,600 | ₹1,34,400 |
| HNI (Min) | 2 | 3,200 | ₹2,68,800 |
1. Alphalogic' Business Process Automation suite 2. Business Process Management Software (BPMS)
1. End-to-end technology services and solutions 2. A long-standing relationship with clients 3. Domain experts
| 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 | Funding the working capital requirements of the Company | 5.00 |
| 2 | General corporate purposes | 0.71 |
| Total | 5.71 |
The Alphalogic IPO is subscribed 1.18 times on August 28, 2019 6:50:01 PM (Day 3). The public issue subscribed 0.53 times in the retail category, [.] times in the QIB category, and 1.96 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.96 | 3,48,800 | 6,84,800 |
| Retail | 0.53 | 3,50,400 | 1,87,200 |
| Total | 1.18 | 7,36,000 | 8,72,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including Underwriting Commission, Brokerage, Selling Commission and upload Fees, Registrar to the Issue, Legal Advisors etc. and other out of Pocket Expenses | 0.39 |
| 2 | Advertising and Marketing Expenses | 0.02 |
| 3 | Regulators Including Stock Exchanges | 0.05 |
| 4 | Printing and distribution of Issue Stationary | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹84.00 |
| Open | ₹83.00 |
| Low | ₹83.00 |
| High | ₹84.40 |
| Last Trade | ₹84.35 |
Lead Manager Reports
Alphalogic Techsys IPO is a SME IPO of 7,36,000 equity shares of the face value of ₹10 aggregating up to ₹6 Crores. The issue is priced at ₹84 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Aug 26, 2019, and closes on Wed, Aug 28, 2019.
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 Techsys IPO using UPI as a payment gateway. Zerodha customers can apply in Alphalogic Techsys IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Alphalogic Techsys IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Alphalogic Techsys IPO opens on Mon, Aug 26, 2019 and closes on Wed, Aug 28, 2019.
Alphalogic Techsys IPO lot size is 1600, and the minimum amount required for application is ₹1,34,400.
You can apply in Alphalogic Techsys 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 Techsys IPO will be done on Tuesday, September 3, 2019, and the allotted shares will be credited to your demat account by Thu, Sep 5, 2019. Check the Alphalogic Techsys IPO allotment status.
The Alphalogic Techsys IPO listing date is on Thu, Sep 5, 2019.
