Alphalogic Industries IPO vs Greenchef Appliances IPO

Comparision between Alphalogic Industries IPO and Greenchef Appliances IPO.

IPO Details

Alphalogic Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Greenchef Appliances IPO is a SME Book Built Issue proposed to list at NSE SME.

	Alphalogic Industries IPO	Greenchef Appliances IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Hem Securities Limited
Registrar	Cameo Corporate Services Limited	Link Intime India Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		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 Greenchef Appliances IPO is up to ₹53.62 Cr. The final issue price of Alphalogic Industries IPO is ₹96.00 per share and of Greenchef Appliances IPO is ₹87.00 per share.

	Alphalogic Industries IPO	Greenchef Appliances IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹82.00 per share
Issue Price (Upper)		₹87.00 per share
Issue Price (Final)	₹96.00 per share	₹87.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	13,41,600 shares	61,63,200 shares
Fresh Issue Size (Amount)	up to ₹12.88 Cr	up to ₹53.62 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,41,600 shares	61,63,200 shares
Issue Size Total (Amount)	up to ₹12.88 Cr	up to ₹53.62 Cr

IPO Timetable

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

	Alphalogic Industries IPO	Greenchef Appliances IPO
Anchor Bid Date		Jun 22, 2023
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 Greenchef Appliances IPO P/E ratio of 14.87.

Alphalogic Industries IPO

Greenchef Appliances 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

Greenchef Appliances Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	12,562.89	23,807.17	117.26	4,854.57	4,498.14	3,916.06
31-Mar-21	14,223.39	23,929.33	257.10	5,093.27	4,736.84	5,182.39
31-Mar-22	17,953.59	33,704.52	82.09	5,170.68	4,814.25	6,682.81
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

73.67%

73.52%

P/E Ratio

22.3

14.87

Market Cap

₹48.91 Cr.

₹202.47 Cr.

ROE

0.85%

18.19%%

ROCE

0.75%

12.52%%

Debt/Equity

0.86

0.99

EPS

₹111.53

₹5.97

RoNW

50.60%%

16.85%%

Shares Offered

In the Alphalogic Industries IPO retail investors (RII) are offered 5,71,200 shares while in Greenchef Appliances IPO retail investors are offered 5,71,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in Alphalogic Industries IPO and 29,23,200 shares in Greenchef Appliances IPO.

	Alphalogic Industries IPO	Greenchef Appliances IPO
Anchor Investor Reserveration		17,52,000 shares
Market Maker Reserveration	67,200 shares	3,12,000 shares
QIB	0 shares	29,23,200 shares
NII	5,70,000 shares	8,78,000 shares
RII	5,71,200 shares	20,49,600 shares
Employee	0 shares	0 shares
Others
Total	12,74,400 shares	58,51,200 shares

Bids Received (Subscription)

Alphalogic Industries IPO subscribed 5.34x in total, whereas Greenchef Appliances IPO subscribed 44.89x.

	Alphalogic Industries IPO	Greenchef Appliances IPO
QIB (times)		17.11x
NII (times)	4.24x	96.01x
Big NII (times)
Small NII (times)
RII (times)	5.19x	62.63x
Employee (times)
Other (times)
Total (times)	5.34x	44.89x

Compare with others

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

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