Alphalogic Industries IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Jul 06, 2023Let’s have a detailed review of the company and analytics of the Alphalogic Industries IPO release date, IPO offer price, subscription, Alphalogic Industries Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 96 |
| Listing At | BSE, SME |
| Min. Order Quantity | 1200 Shares |
| Listing Date | 14 July 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 1,288 Lakh |
| IPO Size | Rs 1,288 Lakh |
| Tick Size | 1 |
Alphalogic Industries IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Alphalogic Industries Share Price |
Alphalogic Industries IPO – Summary
Alphalogic Industries Limited was incorporated in the year 2020.
Their Company is engaged in the Design, Manufacturing, Supply and Installation of Industrial and Institutional Storage Systems i.e. Compactor Storage Systems, Heavy Duty Storage Racks, Cantilever Racks, Lockers, Mezzanine Floors, Metal Pallets & Crates, Library Stacks, Book Case, Book Trolly, Periodical Display Rack, School Lockers, Book Support etc.
The Promoter of this company is M/S. ALPHALOGIC TECHSYS LIMITED. The lead manager of the issue is FINSHORE MANAGEMENT SERVICES LIMITED, and the Registrar of this issue is CAMEO CORPORATE SERVICES LIMITED.
Alphalogic Industries IPO Date
The opening and closing dates of Alphalogic Industries IPO are 3 July 2023 and 6 July 2023 respectively.
Alphalogic Industries IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 3rd Jul | 0.67x | 0.31x | 0.49x |
| 2nd Day – 4th Jul | 1.27x | 1.12x | 1.20x |
| 3rd Day – 5th Jul | 1.64x | 1.74x | 1.91x |
| 64th Day – 5th Jul | 4.24x | 5.19x | 5.34x |
| Shares Offered or Net Issue | 570,000 | 571,200 | 1,208,400 |
The shares subscribed by the public will be updated here.
Alphalogic Industries IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares are pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Alphalogic Industries Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | 11 July 2023 |
| Refunds Initiation | 12 July 2023 |
| Credit of Shares to Demat Account | 13 July 2023 |
| Share Listing Date | 14 July 2023 |
Alphalogic Industries IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.96
Alphalogic Industries IPO Equity Size
This Initial Public Issue of 1,341,600 Equity Shares of Rs.10 each for cash at a price of Rs.96 per equity share aggregating to Rs.1,288 Lakh.
Alphalogic Industries IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 1,341,600 Equity Shares of Rs.10/ each.
Issue Size: 1,341,600 Equity Shares of Rs.10 each, aggregating to Rs.1,288 Lakh
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Alphalogic Industries IPO – Live Performance
The listing date of this IPO is 14 July 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Alphalogic Industries Share Price |
Alphalogic Industries IPO Grey Market Premium
The Alphalogic Industries Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Alphalogic Industries IPO – Company Overview
They have designed and delivered storage solutions for the automobile industry, e-commerce companies, the food industry, logistics companies, engineering companies, pharmaceutical organizations, educational institutes, IT companies, etc.
In Fiscal Year 2023, the company has served over 150 clients in different industries. They understand the industry needs and study the usage-specific requirements to suggest designs that fulfil the storage requirements of clients in the best possible manner.
Some of the storage systems that are in great demand are Pallet Racking Systems, Shelving Systems, Mezzanine & Cantilever Racking, Mobile Compactor, Metal Pallets, Storage and Display racks. Their manufacturing process includes both In-house manufacturing and outsourcing model.
Through their outsourcing model, they mainly process the following activities i.e. Perforation, Powder Coating, Installation etc.
Alphalogic Industries IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | |||
| 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Total Assets | 917.73 | 152.06 | 1.35 |
| *Total Revenue | 1,823.14 | 784.33 | 322.33 |
| Total Expense | 1,482.69 | 710.93 | 304.99 |
| Profit After Tax | 219.41 | 30.51 | 8.29 |
Earnings per Equity Share (in Lakh)
| 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Basic & Diluted | 111.53 | 28.84 | 8.29 |
Further, their PAT for the period ended on March 31, 2023, March 31, 2022, and March 31, 2021, were Rs. 219.41 Lakh, Rs. 30.51 Lakh and Rs. 8.29 Lakh respectively.
Alphalogic Industries IPO – Promoters
The Promoter of this company is:
- M/S. ALPHALOGIC TECHSYS LIMITED
List of Related Parties (Key Managerial Personnel)
- Vedant Goel, Managing Director
- Montubhai Gandhi, Executive Director
- Krina Gandhi, Executive Director
- Anshu Goel, Non-Executive Director
- Rohan Kishore Wekhande, Independent Director
Alphalogic Industries IPO – Promoters Holding
- Pre-Issue Share Holding – 100.00%
- Post-Issue Share Holding – 73.67%
Alphalogic Industries IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 13,41,600 Equity Shares aggregating up to Rs.1,287.94 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 67,200 Equity Shares aggregating up to Rs.64.51 Lakh |
| Net Issue to the Public | Up to 11,41,200 Equity Shares aggregating up to Rs.1,095.55 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 5,71,200 Equity Shares |
| Other than Retail Individual Investors | Not more than 5,70,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 37,53,000 Equity Shares |
| Equity Shares outstanding after the Issue | 50,94,600 Equity Shares |
Alphalogic Industries IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- To meet Working Capital Requirements
- To meet the Issue Expenses
- General Corporate Purposes
Alphalogic Industries IPO – Business Strategy
- Focus on Increase in Volume of Sales
- Reduction of operational costs and achieving efficiency
- Improving operational efficiencies
- Leverage and enhance their goodwill in the market
- Leveraging their Market Skills and Relationships
- Innovative & Marketing Method
Alphalogic Industries IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Established and proven track record;
- Leveraging the experience of their Promoters;
- Experienced management team and a motivated and efficient workforce;
- Cordial relations with their customers
- Quality Assurance & Control
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-23 | 5.85 | 50.60 | 11.55 |
| 31-Mar-22 | 1.30 | 35.69 | – |
| Mar-21 | 0.69 | 45.34 | – |
Alphalogic Industries IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Alphalogic Industries Limited | 10 | [●] | 5.85 | 50.60 | 1,823.14 |
| Listed Peers | |||||
| NA | – | – | – | – | – |
Alphalogic Industries IPO Lead Managers
| Lead Managers |
| FINSHORE MANAGEMENT SERVICES LIMITED Anandlok Building, Block-A, 2nd Floor, Room No. 207, 227 A.J.C Bose Road, Kolkata-700020, West Bengal, India Telephone: 033 – 2289 5101 / 4603 2561 Email: info@finshoregroup.com Contact Person: Mr. S. Ramakrishna Iyengar Website: www.finshoregroup.com Investor Grievance Email: investors@finshoregroup.com SEBI Registration No: INM000012185 CIN No: U74900WB2011PLC169377 |
Alphalogic Industries IPO Registrar to offer
| Registrar to the Offer |
| CAMEO CORPORATE SERVICES LIMITED “Subramanian Building”, #1, Club House Road, Chennai – 600 002, India Telephone: +91-44-40020700, 28460390 Email: cameo@cameoindia.com Contact Person: Ms K. Sreepriya Website: www.cameoindia.com Investor Grievance Email: investor@cameoindia.com SEBI Registration Number: INR000003753 CIN No: U67120TN1998PLC041613 |
Alphalogic Industries IPO – Other Details
- Statutory Auditor – M/s. Patki & Soman
- Legal Counsel to the Company – J MUKHERJEE & ASSOCIATES
- Bankers to the Company – ICICI Bank Limited
Alphalogic Industries IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Alphalogic Industries Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Alphalogic Industries IPO Review FAQs
Check out various FAQs related to Alphalogic Industries IPO:
What is the Issue Size of Alphalogic Industries IPO?
The Company is making an initial public offer of 13,41,600 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Alphalogic Industries IPO?
The price band for this particular IPO ranges between Rs 96. As far as the face value of the share is of concern, it is Rs. 10 per share.
What is the Alphalogic Industries IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on 3 July 2023, while the closing date is set at 6 July 2023.
What is the Alphalogic Industries IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on 11 July 2023, refund initiation is on 12 July 2023, credit of shares is on 13 July 2023, and share listing date is on 14 July 2023.
What is the Alphalogic Industries IPO Listing Date?
Shares of this company shall be listed in the exchanges on 14 July 2023. The date, when the listing would be done, is stagnant on 14 July 2023.
Who is the Registrar of Alphalogic Industries IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. CAMEO CORPORATE SERVICES LIMITED. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Alphalogic Industries IPO?
Here are the promoters of this IPO – M/S. ALPHALOGIC TECHSYS LIMITED. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Alphalogic Industries IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Alphalogic Industries IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Alphalogic Industries Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Lakh is 219.41, 2022 is 30.51, and 2021 is 8.29.
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