Alphalogic Industries IPO vs Service Care IPO

Comparision between Alphalogic Industries IPO and Service Care IPO.

IPO Details

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

	Alphalogic Industries IPO	Service Care 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	Swastika Investmart Ltd
Registrar	Cameo Corporate Services Limited	Integrated Registry Management Services Private Limited
Market Maker	Nikunj Stock Brokers Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
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 Service Care IPO is up to ₹20.68 Cr. The final issue price of Alphalogic Industries IPO is ₹96.00 per share and of Service Care IPO is ₹67.00 per share.

	Alphalogic Industries IPO	Service Care IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹63.00 per share
Issue Price (Upper)		₹67.00 per share
Issue Price (Final)	₹96.00 per share	₹67.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	13,41,600 shares	30,86,000 shares
Fresh Issue Size (Amount)	up to ₹12.88 Cr	up to ₹20.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,41,600 shares	30,86,000 shares
Issue Size Total (Amount)	up to ₹12.88 Cr	up to ₹20.68 Cr

IPO Timetable

Alphalogic Industries IPO opens on Jul 03, 2023, while Service Care IPO opens on Jul 14, 2023. The closing date of Alphalogic Industries IPO and Service Care IPO is Jul 06, 2023, and Jul 18, 2023, respectively.

	Alphalogic Industries IPO	Service Care IPO
Anchor Bid Date
Issue Open	Jul 03, 2023	Jul 14, 2023
Issue Close	Jul 06, 2023	Jul 18, 2023
Basis Of Allotment (Tentative)	Jul 11, 2023	Jul 21, 2023
Initiation of Refunds (Tentative)	Jul 12, 2023	Jul 24, 2023
Credit of Share (Tentative)	Jul 13, 2023	Jul 25, 2023
Listing date (Tentative)	Jul 14, 2023	Jul 26, 2023
Anchor Lockin End date 1	Aug 10, 2023	Aug 20, 2023
Anchor Lockin End date 2	Oct 09, 2023	Oct 19, 2023

Financials

Alphalogic Industries IPO P/E ratio is 22.3, as compared to Service Care IPO P/E ratio of 21.2.

Alphalogic Industries IPO

Service Care 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

Service Care Private Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,920.92	10,812.34	136.28	434.38	433.38	306.01
31-Mar-21	2,019.92	8,933.38	23.46	457.84	456.84	314.56
31-Mar-22	2,430.89	11,501.64	174.48	632.32	631.32	341.47
31-Jan-23	3,181.30	13,217.29	302.34	1,134.66	1,133.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

73.67%

P/E Ratio

22.3

21.2

Market Cap

₹48.91 Cr.

₹77.04 Cr.

ROE

0.85%

0.34%

ROCE

0.75%

0.37%

Debt/Equity

0.86

EPS

₹111.53

₹1744.81

RoNW

50.60%%

26.65%

Shares Offered

In the Alphalogic Industries IPO retail investors (RII) are offered 5,71,200 shares while in Service Care IPO retail investors are offered 5,71,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in Alphalogic Industries IPO and 2,94,000 shares in Service Care IPO.

	Alphalogic Industries IPO	Service Care IPO
Anchor Investor Reserveration
Market Maker Reserveration	67,200 shares	1,56,000 shares
QIB	0 shares	2,94,000 shares
NII	5,70,000 shares	13,18,000 shares
RII	5,71,200 shares	13,18,000 shares
Employee	0 shares	0 shares
Others
Total	12,74,400 shares	29,30,000 shares

Bids Received (Subscription)

Alphalogic Industries IPO subscribed 5.34x in total, whereas Service Care IPO subscribed 6.44x.

	Alphalogic Industries IPO	Service Care IPO
QIB (times)		5.10x
NII (times)	4.24x	2.64x
Big NII (times)
Small NII (times)
RII (times)	5.19x	10.54x
Employee (times)
Other (times)
Total (times)	5.34x	6.44x

Compare with others

Alphalogic Industries IPO	Service Care IPO
Service Care IPO	Yasons Chemex Care IPO
Ahasolar Technologies IPO	Committed Cargo Care IPO
Drone Destination IPO	Khazanchi Jewellers IPO
AccelerateBS India IPO	Srivari Spices and Foods IPO
Synoptics Technologies IPO	Asarfi Hospital IPO
Global Pet Industries IPO	Ahasolar Technologies IPO
Tridhya Tech IPO	Drone Destination IPO
Magson IPO	AccelerateBS India IPO
Greenchef Appliances IPO	Synoptics Technologies IPO
Veefin Solutions IPO	Alphalogic Industries IPO

Comments

Add a public comment...