Alphalogic Industries IPO vs Synoptics Technologies IPO

Comparision between Alphalogic Industries IPO and Synoptics Technologies IPO.

IPO Details

Alphalogic Industries IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Synoptics Technologies IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Alphalogic Industries IPO	Synoptics Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	First Overseas Capital Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Nnm Securities Private 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 Synoptics Technologies IPO is up to ₹54.03 Cr. The final issue price of Alphalogic Industries IPO is ₹96.00 per share and of Synoptics Technologies IPO is ₹237.00 per share.

	Alphalogic Industries IPO	Synoptics Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹96.00 per share	₹237.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	600 shares
Fresh Issue Size	13,41,600 shares	14,80,000 shares
Fresh Issue Size (Amount)	up to ₹12.88 Cr	up to ₹35.08 Cr
OFS Issue Size		8,00,000 shares
OFS Issue Size (Amount)		up to ₹18.96 Cr
Issue Size Total	13,41,600 shares	22,80,000 shares
Issue Size Total (Amount)	up to ₹12.88 Cr	up to ₹54.03 Cr

IPO Timetable

Alphalogic Industries IPO opens on Jul 03, 2023, while Synoptics Technologies IPO opens on Jun 30, 2023. The closing date of Alphalogic Industries IPO and Synoptics Technologies IPO is Jul 06, 2023, and Jul 05, 2023, respectively.

	Alphalogic Industries IPO	Synoptics Technologies IPO
Anchor Bid Date
Issue Open	Jul 03, 2023	Jun 30, 2023
Issue Close	Jul 06, 2023	Jul 05, 2023
Basis Of Allotment (Tentative)	Jul 11, 2023	Jul 10, 2023
Initiation of Refunds (Tentative)	Jul 12, 2023	Jul 11, 2023
Credit of Share (Tentative)	Jul 13, 2023	Jul 12, 2023
Listing date (Tentative)	Jul 14, 2023	Jul 13, 2023
Anchor Lockin End date 1	Aug 10, 2023	Aug 09, 2023
Anchor Lockin End date 2	Oct 09, 2023	Oct 08, 2023

Financials

Alphalogic Industries IPO P/E ratio is 22.3, as compared to Synoptics Technologies IPO P/E ratio of 25.32.

Alphalogic Industries IPO

Synoptics Technologies 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

Synoptics Technologies Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	3,326.20	2,211.43	182.06	1,208.47	508.47	1,290.16
31-Mar-21	3,759.78	3,479.91	236.02	1,444.49	744.49	1,194.71
31-Mar-22	4,279.80	5,097.07	432.36	1,876.85	1,176.85	1,410.03
31-Dec-22	5,379.95	3,446.81	525.36	2,402.21	1,702.21	1,959.06
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

73.67%

73.11%

P/E Ratio

22.3

25.32

Market Cap

₹48.91 Cr.

₹200.98 Cr.

ROE

0.85%

21.87%%

ROCE

0.75%

19.16%%

Debt/Equity

0.86

0.82

EPS

₹111.53

₹4.65

RoNW

50.60%%

19.48%%

Shares Offered

In the Alphalogic Industries IPO retail investors (RII) are offered 5,71,200 shares while in Synoptics Technologies IPO retail investors are offered 5,71,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in Alphalogic Industries IPO and 0 shares in Synoptics Technologies IPO.

	Alphalogic Industries IPO	Synoptics Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration	67,200 shares	1,14,000 shares
QIB	0 shares	0 shares
NII	5,70,000 shares	10,83,000 shares
RII	5,71,200 shares	10,83,000 shares
Employee	0 shares	0 shares
Others
Total	12,74,400 shares	21,66,000 shares

Bids Received (Subscription)

Alphalogic Industries IPO subscribed 5.34x in total, whereas Synoptics Technologies IPO subscribed 2.66x.

	Alphalogic Industries IPO	Synoptics Technologies IPO
QIB (times)
NII (times)	4.24x	2.58x
Big NII (times)
Small NII (times)
RII (times)	5.19x	2.54x
Employee (times)
Other (times)
Total (times)	5.34x	2.66x

Compare with others

Alphalogic Industries IPO	Synoptics Technologies IPO
Service Care IPO	Asarfi Hospital IPO
Ahasolar Technologies IPO	Service Care IPO
Drone Destination IPO	Ahasolar Technologies IPO
AccelerateBS India IPO	Drone Destination IPO
Synoptics Technologies IPO	AccelerateBS India IPO
Global Pet Industries IPO	Alphalogic Industries IPO
Tridhya Tech IPO	Global Pet Industries IPO
Magson IPO	Tridhya Tech IPO
Greenchef Appliances IPO	Magson IPO
Veefin Solutions IPO	Greenchef Appliances IPO

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