Alphalogic Industries IPO vs Tridhya Tech IPO

Comparision between Alphalogic Industries IPO and Tridhya Tech IPO.

IPO Details

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

	Alphalogic Industries IPO	Tridhya Tech 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	Interactive Financial Services Ltd
Registrar	Cameo Corporate Services Limited	Link Intime India Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Econo Broking 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 Tridhya Tech IPO is up to ₹26.41 Cr. The final issue price of Alphalogic Industries IPO is ₹96.00 per share and of Tridhya Tech IPO is ₹42.00 per share.

	Alphalogic Industries IPO	Tridhya Tech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹35.00 per share
Issue Price (Upper)		₹42.00 per share
Issue Price (Final)	₹96.00 per share	₹42.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	13,41,600 shares	62,88,000 shares
Fresh Issue Size (Amount)	up to ₹12.88 Cr	up to ₹26.41 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,41,600 shares	62,88,000 shares
Issue Size Total (Amount)	up to ₹12.88 Cr	up to ₹26.41 Cr

IPO Timetable

Alphalogic Industries IPO opens on Jul 03, 2023, while Tridhya Tech IPO opens on Jun 30, 2023. The closing date of Alphalogic Industries IPO and Tridhya Tech IPO is Jul 06, 2023, and Jul 05, 2023, respectively.

	Alphalogic Industries IPO	Tridhya Tech IPO
Anchor Bid Date		Jun 27, 2023
Issue Open	Jul 03, 2023	Jun 30, 2023
Issue Close	Jul 06, 2023	Jul 05, 2023
Basis Of Allotment (Tentative)	Jul 11, 2023	Jul 10, 2023
Initiation of Refunds (Tentative)	Jul 12, 2023	Jul 11, 2023
Credit of Share (Tentative)	Jul 13, 2023	Jul 12, 2023
Listing date (Tentative)	Jul 14, 2023	Jul 13, 2023
Anchor Lockin End date 1	Aug 10, 2023	Aug 09, 2023
Anchor Lockin End date 2	Oct 09, 2023	Oct 08, 2023

Financials

Alphalogic Industries IPO P/E ratio is 22.3, as compared to Tridhya Tech IPO P/E ratio of 26.09.

Alphalogic Industries IPO

Tridhya Tech 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

Tridhya Tech Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-22	2,548.77	1,407.48	339.46	1,457.98	1,309.84	705.46
31-Dec-22	5,969.66	1,507.92	284.97	2,030.66	1,860.35	3,090.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

80.8%

Promoter Shareholding (Post-Issue)

73.67%

58.98%

P/E Ratio

22.3

26.09

Market Cap

₹48.91 Cr.

₹97.81 Cr.

ROE

0.85%

2.85%%

ROCE

0.75%

9.69%%

Debt/Equity

0.86

1.23

EPS

₹111.53

₹44.44

RoNW

50.60%%

65.52%%

Shares Offered

In the Alphalogic Industries IPO retail investors (RII) are offered 5,71,200 shares while in Tridhya Tech IPO retail investors are offered 5,71,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in Alphalogic Industries IPO and 15,54,000 shares in Tridhya Tech IPO.

	Alphalogic Industries IPO	Tridhya Tech IPO
Anchor Investor Reserveration		14,31,000 shares
Market Maker Reserveration	67,200 shares	3,15,000 shares
QIB	0 shares	15,54,000 shares
NII	5,70,000 shares	8,97,450 shares
RII	5,71,200 shares	20,90,550 shares
Employee	0 shares	0 shares
Others
Total	12,74,400 shares	45,42,000 shares

Bids Received (Subscription)

Alphalogic Industries IPO subscribed 5.34x in total, whereas Tridhya Tech IPO subscribed 72.38x.

	Alphalogic Industries IPO	Tridhya Tech IPO
QIB (times)		15.62x
NII (times)	4.24x	181.72x
Big NII (times)
Small NII (times)
RII (times)	5.19x	67.62x
Employee (times)
Other (times)
Total (times)	5.34x	72.38x

Compare with others

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

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