IPO Issue Details
Issue Price / Price Band₹96 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size13,41,600 shares (aggregating up to ₹12.88 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 03 Jul 2023
Subscription CloseThu, 06 Jul 2023
Anchor AllotmentSun, 02 Jul 2023
Basis of AllotmentTue, 11 Jul 2023
Initiation of RefundsWed, 12 Jul 2023
Credit of Shares to DematThu, 13 Jul 2023
Listing DateFri, 14 Jul 2023
UPI Mandate Deadline2023-07-06
Application & Investment Details
Retail — Min (1 Lots)₹1,15,200 — 1,200 shares
Retail — Max (13 Lots)₹1,497,600 (13 Lots)
HNI — Min (2 Lots)₹2,30,400 — 2,400 shares
EPS (Pre-IPO)₹111.53
P/E Ratio (Pre-IPO)22.3x
Net Offer to Public12,74,400 shares (aggregating up to ₹12.23 Cr)
Reserved for Market Maker67,200 shares (aggregating up to ₹0.6451 Cr)
Pre-IPO Promoter Holding37,53,000 shares
Post-IPO Promoter Holding50,94,600 shares
About Alphalogic Industries Ltd.
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.
Objects of the Issue
Alphalogic Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet Working Capital Requirements
9.95
2
General Corporate Purposes
2.49
Shareholding & Lock-in
Pre-IPO Promoter Holding
37,53,000 shares
Post-IPO Promoter Holding
50,94,600 shares