Incorporated in 2020, Alphalogic Industries Limited, a subsidiary of M/s. Alphalogic Techsys Limited is engaged in the Design, Manufacturing, Supply, and Installation of Industrial and Institutional Storage Systems.
The company manufactures 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.
Alphalogic Industries’ manufacturing unit is located in Pimpri Chinchwad, Pune, Maharashtra.
The company has 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.
Alphalogic Industries IPO Details
| IPO Date | Jul 3, 2023 to Jul 6, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹96 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,341,600 shares (aggregating up to ₹12.88 Cr) |
| Fresh Issue | 1,341,600 shares (aggregating up to ₹12.88 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3,753,000 |
| Share holding post issue | 5,094,600 |
| Market Maker portion | 67,200 shares Nikunj Stock Brokers |
Alphalogic Industries IPO Reservation
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 67,200 (5.01%) |
| Other Shares Offered | 570,000 (42.49%) |
| Retail Shares Offered | 571,200 (42.58%) |
| Other Shares Offered | 133,200 (9.93%) |
| Total Shares Offered | 1,341,600 (100%) |
Alphalogic Industries IPO Timetable
Alphalogic Industries IPO opens on Jul 3, 2023, and closes on Jul 6, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Monday, 3 July 2023 |
| Closing Date | Thursday, 6 July 2023 |
| Basis of Allotment | Tuesday, 11 July 2023 |
| Initiation of Refunds | Wednesday, 12 July 2023 |
| Credit of Shares to Demat | Thursday, 13 July 2023 |
| Listing Date | Friday, 14 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 6, 2023 |
Alphalogic Industries IPO Lot Size
The Alphalogic Industries IPO lot size is 1200 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹115,200 |
| Retail (Max) | 1 | 1200 | ₹115,200 |
| HNI (Min) | 2 | 2,400 | ₹230,400 |
| Lot Size Calculator |
Alphalogic Industries IPO Promoter Holding
The promoter of the company is M/S. Alphalogic Techsys Limited.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.67% |
Company Financials
| 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 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 22.3 |
| Market Cap (₹ Cr.) | 48.91 |
| ROE | 0.85 |
| ROCE | 0.75 |
| Debt/Equity | 0.86 |
| EPS (Rs) | 111.53 |
| RoNW | 50.60% |
Check Alphalogic Industries IPO Peer Comparison here.
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- To meet Working Capital Requirements,
- To meet the Issue Expenses, and
- General Corporate Purposes.
Alphalogic Industries IPO Review (May apply)
[Dilip Davda] Though the company is in a highly competitive and fragmented segment, it has improved its market share and is confident of maintaining the trends going forward. An investor-friendly gesture of reserved quota for ATL stakeholders is a welcome step. Post-IPO small equity base indicates a longer gestation period for migration to the mainboard. Though the issue appears fully priced, well-informed investors may consider parking funds for the medium to long term. Read detail review…
Alphalogic Industries IPO Subscription Status (Bidding Detail)
The Alphalogic Industries IPO is subscribed 5.34 times on Jul 6, 2023 7:02:00 PM. The public issue subscribed 5.19 times in the retail category, times in the QIB category, and 4.24 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 4.24 |
| Retail | 5.19 |
| Total | 5.34 |
Total Application : 3,999 (8.40 times)
Alphalogic Industries IPO Prospectus
Company Contact Information
Alphalogic Industries Limited
405, Pride Icon,
Near Columbia Asia Hospital,
Kharadi Bypass Road, Pune – 411014
Phone: +91 82977 40000
Email: cs@alphalogicindustries.com
Website: https://alphalogicindustries.com/
Alphalogic Industries IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/