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Alphalogic Industries Limited IPO (Alphalogic Industries IPO) Detail

July 3, 2023 - July 6, 2023

Alphalogic Industries IPO is a fixed price issue of Rs 12.88 crores. The issue is entirely a fresh issue of 13.42 lakh shares.

Alphalogic Industries IPO bidding started from July 3, 2023 and ended on July 6, 2023. The allotment for Alphalogic Industries IPO was finalized on Tuesday, July 11, 2023. The shares got listed on BSE SME on July 14, 2023.

Alphalogic Industries IPO price is ₹96 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹230,400.

Finshore Management Services Limited is the book running lead manager of the Alphalogic Industries IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for Alphalogic Industries IPO is Nikunj Stock Brokers.

Refer to Alphalogic Industries IPO RHP for detailed information.

Alphalogic Industries IPO Details

IPO Date July 3, 2023 to July 6, 2023
Listing Date July 14, 2023
Face Value ₹10 per share
Price ₹96 per share
Lot Size 1200 Shares
Total Issue Size1,341,600 shares
(aggregating up to ₹12.88 Cr)
Fresh Issue1,341,600 shares
(aggregating up to ₹12.88 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue3,753,000
Share holding post issue5,094,600
Market Maker portion67,200 shares
Nikunj Stock Brokers

Alphalogic Industries IPO Reservation

Alphalogic Industries IPO offers 1,341,600 shares. 570,000 (42.49%) to NII, 571,200 (42.58%) to RII.

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Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered67,200 (5.01%)
Other Shares Offered570,000 (42.49%)
Retail Shares Offered571,200 (42.58%)
Other Shares Offered133,200 (9.93%)
Total Shares Offered1,341,600 (100%)

Alphalogic Industries IPO Timeline (Tentative Schedule)

Alphalogic Industries IPO opens on July 3, 2023, and closes on July 6, 2023.

IPO Open Date Monday, July 3, 2023
IPO Close Date Thursday, July 6, 2023
Basis of Allotment Tuesday, July 11, 2023
Initiation of Refunds Wednesday, July 12, 2023
Credit of Shares to Demat Thursday, July 13, 2023
Listing Date Friday, July 14, 2023
Cut-off time for UPI mandate confirmation 5 PM on July 6, 2023

Alphalogic Industries IPO Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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.

Share Holding Pre Issue 100.00%
Share Holding Post Issue 73.67%

About Alphalogic Industries Limited

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.

Company Financials

Alphalogic Industries Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-2176.90322.338.2918.298.2955.75
31-Mar-22373.94784.3330.5185.4665.85168.24
31-Mar-23917.731,823.14219.41433.58402.30370.83
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Alphalogic Industries IPO is Rs 48.91 Cr.

KPI Values
ROE0.85
ROCE0.75
Debt/Equity0.86
RoNW50.60%
Pre IPO Post IPO
EPS (Rs) 111.53
P/E (x) 22.3

Objects of the Issue (Alphalogic Industries IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To meet Working Capital Requirements,
  2. To meet the Issue Expenses, and
  3. 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 July 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)

CategorySubscription (times)
Other4.24
Retail5.19
Total5.34

Total Application : 3,999 (8.40 times)

Alphalogic Industries IPO Prospectus

Alphalogic Industries IPO Rating

17
4.4
Rating:Rated 4.4 stars
Vote Here ...

Alphalogic Industries IPO Listing Details

Listing Date July 14, 2023
BSE Script Code 543937
NSE Symbol
ISIN INE0NZF01019
Final Issue Price ₹96 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹96.00
₹96.00
₹96.00
₹98.30
₹96.29

Check IPO Performance…

Alphalogic Industries Limited Contact Details

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/

Alphalogic Industries IPO - Buy or Not

Alphalogic Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Alphalogic Industries IPO FAQs

Alphalogic Industries IPO is a SME IPO of 1,341,600 equity shares of the face value of ₹10 aggregating up to ₹12.88 Crores. The issue is priced at ₹96 per share. The minimum order quantity is 1200 Shares.

The IPO opens on July 3, 2023, and closes on July 6, 2023.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Alphalogic Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Alphalogic Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Alphalogic Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Alphalogic Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Alphalogic Industries IPO opens on July 3, 2023 and closes on July 6, 2023.

Alphalogic Industries IPO lot size is 1200 Shares, and the minimum amount required is ₹115,200.

You can apply in Alphalogic Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Alphalogic Industries IPO will be done on Tuesday, July 11, 2023, and the allotted shares will be credited to your demat account by Thursday, July 13, 2023. Check the Alphalogic Industries IPO allotment status.

The Alphalogic Industries IPO listing date is on July 14, 2023.
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Alphalogic Industries IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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152 Comments

77. ओम |   Link |  Bookmark |July 30, 2023 5:50:42 PM
One more 49,22960.00 jayratna industries
77.1. SJogi |   Link |  Bookmark |July 31, 2023 12:20:25 PM
IPO Mentor IPO Mentor (800+ Posts, 800+ Likes)
In addition to this.

it had an order book of Rs.5CR.
📌recently won order worth 1.62CR from HALDIRAMS.
76. ओम |   Link |  Bookmark |July 29, 2023 7:45:04 PM
Friend value of order from shoppers stop limited is 6,09,241.00
75. SJogi |   Link |  Bookmark |July 28, 2023 2:00:28 AM
IPO Mentor IPO Mentor (800+ Posts, 800+ Likes)
ALPHALOGIC INDUSTRIES LTD
The company is in the business of industrial/institutional storage system installation.
financials:
📌132% growth in revenue yoy(FY23-18.23cr),
📌630% growth in PAT yoy(FY23 Pat=2.19 CR)
market cap: 49CR
cmp: 102
PE:23
As of May 31, 2023, it had an order book of Rs.5CR.
📌recently won order worth 1.62CR from HALDIRAMS.
📌Its client list includes Mahindra Group, Bajaj, Chitale Bandhu, Shoppers' Stop, Thermax, Baskin & Robbins, JSW, BEL, Kalyani Group, etc.
📌check out their website to know the innovations they are bringing in this field.
expecting it to cross 140 level soon.
parent company has given very good returns.
please research thoroughly before making an investment.
74. SJogi |   Link |  Bookmark |July 26, 2023 11:02:25 AM
IPO Mentor IPO Mentor (800+ Posts, 800+ Likes)
stock is moving in range of 96-98.
looks like someone is accumulating slowly.
74.5. Old.Fox |   Link |  Bookmark |July 31, 2023 2:49:13 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Jogi Ji, it almost touched 140/- today as you had predicted. So far, so good.
74.6. SJogi |   Link |  Bookmark |August 1, 2023 10:11:27 AM
IPO Mentor IPO Mentor (800+ Posts, 800+ Likes)
I'm holding my 2 lots for some time.
Company is getting so many orders, expecting more .
73. Sarthak P |   Link |  Bookmark |July 23, 2023 12:33:12 PM
No big player is interested in this stock, something might be wrong with the company.
Sold my allotted lot on friday.will invest in genuine company
72. Kapil Mehra |   Link |  Bookmark |July 19, 2023 11:39:21 PM (200+ Posts)
Friends this co has also won an order from Fuji Electric for design and installation of rack system....on 7th July
Order book is good and Co. has name in the field
71. Karam |   Link |  Bookmark |July 19, 2023 4:46:33 PM
Why is there no current in this stock since listing?
70. Kapil Mehra |   Link |  Bookmark |July 18, 2023 5:48:40 PM (200+ Posts)
Friends value of order from Haldiram is 1.61 crores......
70.1. Gaurav DD dimer |   Link |  Bookmark |July 19, 2023 7:59:41 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Means around 9% of its last full year sale.
69. BullsEyee |   Link |  Bookmark |July 17, 2023 11:42:42 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
sab sme mein loot mchi h
68. Gaurav DD dimer |   Link |  Bookmark |July 15, 2023 4:41:59 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Co. received order from haldiram.

No information on how much big/small order it is.
68.1. Kapil Mehra |   Link |  Bookmark |July 15, 2023 11:21:17 PM (200+ Posts)
Good news is Good news and this order will be completed in this qtr so postive for the co. . in recent times listing of this co has been totally genuine ,no all of sudden circuit and volatility.
This can be good stock rather genuine stock in coming time
67. Karam |   Link |  Bookmark |July 15, 2023 4:56:24 PM
Senior members, Any bulk deals happened on listing day and please also give link where to check in future.
66. Kapil Mehra |   Link |  Bookmark |July 14, 2023 3:10:51 PM (200+ Posts)
Experts u r views on today s listing,no panic selling happened like other sme stocks listed recently. Can this be retained for some more time
65. NA |   Link |  Bookmark |July 14, 2023 11:28:55 AM
Sold in pre open at 96
64. Noorul |   Link |  Bookmark |July 14, 2023 11:17:25 AM
Didn't applied here.. and didn't buy it yet.
63. HN Jain |   Link |  Bookmark |July 14, 2023 11:13:11 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Holding it for the time being. At least its also maintaining close to the issue price...
62. Kapil Mehra |   Link |  Bookmark |July 14, 2023 10:22:12 AM (200+ Posts)
Experts kindly guide ..to hold or sell
62.1. lokes |   Link |  Bookmark |July 14, 2023 10:33:15 AM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
Hold....for now....
check tomorrow preopen volumes, if it doesn't showing strength in preopen, then sell tomorrow morning else keep holding...today it will close above or near to issue price only....
61. Karam |   Link |  Bookmark |July 13, 2023 11:50:36 PM
@Noorul @MRavichandran  @Lokes sir and other seniors.
Plz guide with the listing strategy and short term target.
61.2. Karam |   Link |  Bookmark |July 14, 2023 4:21:56 PM
Thanks @lokes sir
61.3. Noorul |   Link |  Bookmark |July 16, 2023 9:44:35 PM
Haven't added yet. Will post if I buy some .
60. Vnrao |   Link |  Bookmark |July 13, 2023 6:28:31 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Listing tomorrow. Symbol Not yet been furnished.
60.1. ASEDKO |   Link |  Bookmark |July 13, 2023 7:59:45 PM
Scrip ID on BOLT System

ALPHAIND

Abbreviated Name on BOLT System

ALPHAIND

Scrip Code

543937

ISIN No.

INE0NZF01019

Market Lot

1200

Issue Price for the current Public issue

Rs. 96/- per share (Face Value of Rs. 10/- and premium of Rs. 86/-)
60.2. Vnrao |   Link |  Bookmark |July 13, 2023 8:43:03 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@ASEDKO Thank You.
59. Kapil Mehra |   Link |  Bookmark |July 13, 2023 8:06:59 PM (200+ Posts)
GMP recovered from -10 to 0. May Almighty bless all the allotees with decent profit
58. Logij Kumar |   Link |  Bookmark |July 13, 2023 6:48:08 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
All the best to allottees for bumper listing gain. Even if I have not applied in this, I would be very happy for fellow CG members.