Alphalogic Industries IPO vs Magson IPO

Comparision between Alphalogic Industries IPO and Magson IPO.

IPO Details

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

	Alphalogic Industries IPO	Magson IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Isk Advisors Pvt Ltd
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Sunflower Broking Private 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 Alphalogic Industries IPO is up to ₹12.88 Cr whereas the issue size of the Magson IPO is up to ₹13.74 Cr. The final issue price of Alphalogic Industries IPO is ₹96.00 per share and of Magson IPO is ₹65.00 per share.

	Alphalogic Industries IPO	Magson IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹96.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	13,41,600 shares	21,14,000 shares
Fresh Issue Size (Amount)	up to ₹12.88 Cr	up to ₹13.74 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,41,600 shares	21,14,000 shares
Issue Size Total (Amount)	up to ₹12.88 Cr	up to ₹13.74 Cr

IPO Timetable

Alphalogic Industries IPO opens on Jul 03, 2023, while Magson IPO opens on Jun 23, 2023. The closing date of Alphalogic Industries IPO and Magson IPO is Jul 06, 2023, and Jun 27, 2023, respectively.

	Alphalogic Industries IPO	Magson IPO
Anchor Bid Date
Issue Open	Jul 03, 2023	Jun 23, 2023
Issue Close	Jul 06, 2023	Jun 27, 2023
Basis Of Allotment (Tentative)	Jul 11, 2023	Jul 03, 2023
Initiation of Refunds (Tentative)	Jul 12, 2023	Jul 04, 2023
Credit of Share (Tentative)	Jul 13, 2023	Jul 05, 2023
Listing date (Tentative)	Jul 14, 2023	Jul 06, 2023
Anchor Lockin End date 1	Aug 10, 2023	Aug 02, 2023
Anchor Lockin End date 2	Oct 09, 2023	Oct 01, 2023

Financials

Alphalogic Industries IPO P/E ratio is 22.3, as compared to Magson IPO P/E ratio of 20.25.

Alphalogic Industries IPO

Magson IPO

Financial

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

Magson Retail And Distribution Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	833.45	3,241.22	166.31	169.04	168.04	354.00
31-Mar-21	1,283.84	5,358.92	181.75	350.80	349.80	386.60
31-Mar-22	1,494.69	5,566.77	223.36	574.06	573.06	344.72
31-Mar-23	1,999.87	6,301.49	251.88	926.25	352.65	321.95
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

95.89%

Promoter Shareholding (Post-Issue)

73.67%

70.06%

P/E Ratio

22.3

20.25

Market Cap

₹48.91 Cr.

₹51.03 Cr.

ROE

0.85%

ROCE

0.75%

Debt/Equity

0.86

0.35

EPS

₹111.53

₹4.96

RoNW

50.60%%

27.19%%

Shares Offered

In the Alphalogic Industries IPO retail investors (RII) are offered 5,71,200 shares while in Magson IPO retail investors are offered 5,71,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in Alphalogic Industries IPO and 0 shares in Magson IPO.

	Alphalogic Industries IPO	Magson IPO
Anchor Investor Reserveration
Market Maker Reserveration	67,200 shares	1,06,000 shares
QIB	0 shares	0 shares
NII	5,70,000 shares	10,04,000 shares
RII	5,71,200 shares	10,04,000 shares
Employee	0 shares	0 shares
Others
Total	12,74,400 shares	20,08,000 shares

Bids Received (Subscription)

Alphalogic Industries IPO subscribed 5.34x in total, whereas Magson IPO subscribed 6.74x.

	Alphalogic Industries IPO	Magson IPO
QIB (times)
NII (times)	4.24x	6.09x
Big NII (times)
Small NII (times)
RII (times)	5.19x	7.38x
Employee (times)
Other (times)
Total (times)	5.34x	6.74x

Compare with others

Alphalogic Industries IPO	Magson IPO
Service Care IPO	AccelerateBS India IPO
Ahasolar Technologies IPO	Synoptics Technologies IPO
Drone Destination IPO	Alphalogic Industries IPO
AccelerateBS India IPO	Global Pet Industries IPO
Synoptics Technologies IPO	Tridhya Tech IPO
Global Pet Industries IPO	Greenchef Appliances IPO
Tridhya Tech IPO	Veefin Solutions IPO
Magson IPO	Pentagon Rubber IPO
Greenchef Appliances IPO	Kaka Industries IPO
Veefin Solutions IPO	Aatmaj Healthcare IPO

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