Ahasolar Technologies IPO vs Alphalogic Industries IPO

Comparision between Ahasolar Technologies IPO and Alphalogic Industries IPO.

IPO Details

Ahasolar Technologies IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Alphalogic Industries IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Ahasolar Technologies IPO	Alphalogic Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Finshore Management Services Limited
Registrar	Kfin Technologies Limited	Cameo Corporate Services Limited
Market Maker	Sunflower Broking Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ahasolar Technologies IPO is up to ₹12.85 Cr whereas the issue size of the Alphalogic Industries IPO is up to ₹12.88 Cr. The final issue price of Ahasolar Technologies IPO is ₹157.00 per share and of Alphalogic Industries IPO is ₹96.00 per share.

	Ahasolar Technologies IPO	Alphalogic Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹157.00 per share	₹96.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1200 shares
Fresh Issue Size	8,18,400 shares	13,41,600 shares
Fresh Issue Size (Amount)	up to ₹12.85 Cr	up to ₹12.88 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,18,400 shares	13,41,600 shares
Issue Size Total (Amount)	up to ₹12.85 Cr	up to ₹12.88 Cr

IPO Timetable

Ahasolar Technologies IPO opens on Jul 10, 2023, while Alphalogic Industries IPO opens on Jul 03, 2023. The closing date of Ahasolar Technologies IPO and Alphalogic Industries IPO is Jul 13, 2023, and Jul 06, 2023, respectively.

	Ahasolar Technologies IPO	Alphalogic Industries IPO
Anchor Bid Date
Issue Open	Jul 10, 2023	Jul 03, 2023
Issue Close	Jul 13, 2023	Jul 06, 2023
Basis Of Allotment (Tentative)	Jul 18, 2023	Jul 11, 2023
Initiation of Refunds (Tentative)	Jul 19, 2023	Jul 12, 2023
Credit of Share (Tentative)	Jul 20, 2023	Jul 13, 2023
Listing date (Tentative)	Jul 21, 2023	Jul 14, 2023
Anchor Lockin End date 1	Aug 17, 2023	Aug 10, 2023
Anchor Lockin End date 2	Oct 16, 2023	Oct 09, 2023

Financials

Ahasolar Technologies IPO P/E ratio is 27.45, as compared to Alphalogic Industries IPO P/E ratio of 22.3.

Ahasolar Technologies IPO

Alphalogic Industries IPO

Financial

Ahasolar Technologies Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	138.63	128.70	2.07	2.16	1.16	23.04
31-Mar-21	85.47	187.73	7.91	10.08	9.08	24.24
31-Mar-22	237.37	1,714.64	68.63	78.71	77.71	58.18
31-Mar-23	525.56	2,105.16	176.38	405.07	178.69	0.00
Amount in ₹ Lakhs

Alphalogic Industries Limited Financial Information (Restated Standalone)
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

Promoter Shareholding (Pre-Issue)

50.31%

100.00%

Promoter Shareholding (Post-Issue)

36.95%

73.67%

P/E Ratio

27.45

22.3

Market Cap

₹48.39 Cr.

₹48.91 Cr.

ROE

72.92%%

0.85%

ROCE

63.53%%

0.75%

Debt/Equity

0.86

EPS

₹7.94

₹111.53

RoNW

43.54%%

50.60%%

Shares Offered

In the Ahasolar Technologies IPO retail investors (RII) are offered 3,88,000 shares while in Alphalogic Industries IPO retail investors are offered 3,88,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Ahasolar Technologies IPO and 0 shares in Alphalogic Industries IPO.

	Ahasolar Technologies IPO	Alphalogic Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration	42,400 shares	67,200 shares
QIB	0 shares	0 shares
NII	3,88,000 shares	5,70,000 shares
RII	3,88,000 shares	5,71,200 shares
Employee	0 shares	0 shares
Others
Total	7,76,000 shares	12,74,400 shares

Bids Received (Subscription)

Ahasolar Technologies IPO subscribed 34.79x in total, whereas Alphalogic Industries IPO subscribed 5.34x.

	Ahasolar Technologies IPO	Alphalogic Industries IPO
QIB (times)
NII (times)	23.37x	4.24x
Big NII (times)
Small NII (times)
RII (times)	46.18x	5.19x
Employee (times)
Other (times)
Total (times)	34.79x	5.34x

Compare with others

Ahasolar Technologies IPO	Alphalogic Industries IPO
Committed Cargo Care IPO	Service Care IPO
Khazanchi Jewellers IPO	Ahasolar Technologies IPO
Srivari Spices and Foods IPO	Drone Destination IPO
Asarfi Hospital IPO	AccelerateBS India IPO
Service Care IPO	Synoptics Technologies IPO
Drone Destination IPO	Global Pet Industries IPO
AccelerateBS India IPO	Tridhya Tech IPO
Synoptics Technologies IPO	Magson IPO
Alphalogic Industries IPO	Greenchef Appliances IPO
Global Pet Industries IPO	Veefin Solutions IPO

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