Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Alphalogic IPO is a fixed price issue of Rs 6.18 crores.
Alphalogic IPO bidding started from August 26, 2019 and ended on August 28, 2019. The allotment for Alphalogic IPO was finalized on Tuesday, September 3, 2019. The shares got listed on BSE SME on September 5, 2019.
Alphalogic IPO price is ₹84 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹134,400.
Finshore Management Services Limited is the book running lead manager of the Alphalogic IPO, while Cameo Corporate Services Limited is the registrar for the issue.
Refer to Alphalogic IPO RHP for detailed information.
| IPO Date | August 26, 2019 to August 28, 2019 |
| Listing Date | September 5, 2019 |
| Face Value | ₹10 per share |
| Price | ₹84 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 736,000 shares (aggregating up to ₹6.18 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,039,970 |
| Share holding post issue | 2,775,970 |
| Market Maker portion | 36,800 shares |
Alphalogic IPO offers 772,800 shares. 348,800 (45.13%) to NII, 350,400 (45.34%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 36,800 (4.76%) |
| Other Shares Offered | 348,800 (45.13%) |
| Retail Shares Offered | 350,400 (45.34%) |
| Total Shares Offered | 772,800 (100%) |
Alphalogic IPO opens on August 26, 2019, and closes on August 28, 2019.
| IPO Open Date | Monday, August 26, 2019 |
| IPO Close Date | Wednesday, August 28, 2019 |
| Basis of Allotment | Tuesday, September 3, 2019 |
| Initiation of Refunds | Wednesday, September 4, 2019 |
| Credit of Shares to Demat | Thursday, September 5, 2019 |
| Listing Date | Thursday, September 5, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 28, 2019 |
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹134,400 |
| Retail (Max) | 1 | 1600 | ₹134,400 |
| Lot Size Calculator | |||
The promoters of the company being Mr. Anshu Goel and Mr. Dhananjay Subhash Goel.
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 73.49% |
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 proposes to utilize the funds which are being raised through this Issue towards the below mentioned objects and gain benefits of listing on BSE SME Platform:
A. To meet the working capital requirements of the company (Rs 500.00 Lakhs)
B. To meet the Issue Expenses (Rs 47.20 lakhs)
C. General Corporate Purposes (Rs 71.04 Lakhs)
[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...
The Alphalogic IPO is subscribed 1.18 times on August 28, 2019 6:50:01 PM. The public issue subscribed 0.53 times in the retail category, times in the QIB category, and 1.96 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 1.96 |
| Retail | 0.53 |
| Total | 1.18 |
| Listing Date | September 5, 2019 |
| BSE Script Code | 542770 |
| NSE Symbol | |
| ISIN | INE08E401011 |
| Final Issue Price | ₹84 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹84.00 |
| ₹83.00 |
| ₹83.00 |
| ₹84.40 |
| ₹84.35 |
Alphalogic Techsys Ltd
405, Pride Icon, Near Columbia Asia Hospital,
Kharadi Bypass Road,
Pune, Maharashtra-411014, India
Phone: 0727-6701155
Email: info@alphalogiclimited.com
Website: https://www.alphalogicinc.com/
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Alphalogic IPO is a SME IPO of 736,000 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 Shares.
The IPO opens on August 26, 2019, and closes on August 28, 2019.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Alphalogic IPO opens on August 26, 2019 and closes on August 28, 2019.
Alphalogic IPO lot size is 1600 Shares, and the minimum amount required is ₹134,400.
You can apply in Alphalogic IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Alphalogic 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 IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
IPO Guru (1300+ Posts, 2000+ Likes)
pradkumc| Link | Bookmark |October 23, 2019 11:57:48 AM