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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 ₹84.00 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). The minimum lot size investment for 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 Date | August 26, 2019 to August 28, 2019 |
| Listing Date | September 5, 2019 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹84 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 7,36,000 shares (aggregating up to ₹6.18 Cr) |
| Reserved for Market Maker | 36,800 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.3091 Cr) |
| Net Offered to Public | 6,99,200 shares (aggregating up to ₹5.87 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 20,39,970 shares |
| Share Holding Post Issue | 27,75,970 shares |
Alphalogic IPO offers total 7,36,000 shares. Out of which 3,48,800 (47.39%) allocated to NII, 3,50,400 (47.61%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 36,800 (5.00%) |
| NII (HNI) Shares Offered | 3,48,800 (47.39%) |
| Retail Shares Offered | 3,50,400 (47.61%) |
| Total Shares Offered | 7,36,000 (100.00%) |
Alphalogic Techsys IPO opens on August 26, 2019, and closes on August 28, 2019.
| IPO Open Date | Mon, Aug 26, 2019 |
| IPO Close Date | Wed, Aug 28, 2019 |
| Tentative Allotment | Tue, Sep 3, 2019 |
| Initiation of Refunds | Wed, Sep 4, 2019 |
| Credit of Shares to Demat | Thu, Sep 5, 2019 |
| Tentative Listing Date | Thu, Sep 5, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Aug 28, 2019 |
Investors can bid for a minimum of 1,600 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 | 1,600 | ₹1,34,400 |
| Retail (Max) | 1 | 1,600 | ₹1,34,400 |
| HNI (Min) | 2 | 3,200 | ₹2,68,800 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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
| Particulars | For the year/period ended (in Rs. Lakhs) | |||
|---|---|---|---|---|
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | ||
| Total Assets | 415.40 | 8.64 | 120.17 | |
| Total Revenue | 501.21 | 218.33 | 188.84 | |
| Profit After Tax | 219.05 | 37.09 | 33.86 | |
The Company Alphalogic Techsys IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 5.00 |
| 2 | Issue related expenses | 0.47 |
| 3 | General corporate purposes | 71,040.00 |
[Dilip Davda] Company's performance on the basis of FY19 super earnings raises concern. However, on the basis of recent earnings (with super-profits in the pre-IPO year), the issue appears fully priced. Risk savvy cash surplus investors may consider moderate investment at their own risk. (Other). Read detail review...
| Listing Date | September 5, 2019 |
| BSE Script Code | 542770 |
| NSE Symbol | |
| ISIN | INE08E401011 |
| Final Issue Price | ₹84 per share |
| BSE Listing Group | TS |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹84.00 |
| Open | ₹83.00 |
| Low | ₹83.00 |
| High | ₹84.40 |
| Last Trade | ₹84.35 |
Alphalogic Techsys Ltd.
405, Pride Icon,
Near Columbia Asia Hospital,
Kharadi Bypass Road,
Pune, Maharashtra, 411014
Phone: 0727-6701155
Email: info@alphalogiclimited.com
Website: https://www.alphalogicinc.com/
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Alphalogic Techsys IPO is a SME IPO of 7,36,000 equity shares of the face value of ₹10 aggregating up to ₹6.18 Crores. The issue is priced at ₹84 per share. The minimum order quantity is 1600.
The IPO opens on August 26, 2019, and closes on August 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 August 26, 2019 and closes on August 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 Thursday, September 5, 2019. Check the Alphalogic Techsys IPO allotment status.
The Alphalogic Techsys IPO listing date is on Thursday, September 5, 2019.
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