Alphalogic Techsys Ltd IPO (Alphalogic IPO) Detail

Aug 26, 2019 - Aug 28, 2019
Incorporated in 2016, Maharashtra-based Alphalogic Techsys Ltd is a Software Consulting Firm. It is engaged in offering end-to-end technology solutions, technology consulting services and support. Alphalogic Techsys has clients in India and multiple locations such as Australia, the USA and the UK. The services range of the company includes mobile application development, data analytics services, UI/UX consulting, web application development, and business intelligence. The services offered by the company covers various sectors including Software-as-a-service (SAAS Software), Healthcare, Social Networking, Fintech, E-commerce, and many others. Alphalogic Techsys improves the services offered to the clients by customizing the offerings from time to time based on clients' needs.

Products

1. Alphalogic' Business Process Automation suite 2. Business Process Management Software (BPMS)

Competitive Strengths

1. End-to-end technology services and solutions 2. A long-standing relationship with clients 3. Domain experts

Company Promoters:

The promoters of the company being Mr. Anshu Goel and Mr. Dhananjay Subhash Goel.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 415.40 8.64 120.17
Total Revenue 501.21 218.33 188.84
Profit After Tax 219.05 37.09 33.86

Objects of the Issue:

The company proposes to utilize the funds which are being raised through this Issue towards the below mentioned objects and gain benefits of listing on BSE SME Platform:

A. To meet the working capital requirements of the company (Rs 500.00 Lakhs)
B. To meet the Issue Expenses (Rs 47.20 lakhs)
C. General Corporate Purposes (Rs 71.04 Lakhs)

Alphalogic IPO Details

IPO Opening DateAug 26, 2019
IPO Closing DateAug 28, 2019
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹84 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtBSE SME
Issue Size736,000 Eq Shares of ₹10
(aggregating up to ₹6.18 Cr)

Alphalogic IPO Tentative Timetable

The Alphalogic IPO open date is Aug 26, 2019, and the close date is Aug 28, 2019. The issue may list on Sep 6, 2019.

IPO Open DateAug 26, 2019
IPO Close DateAug 28, 2019
Basis of Allotment DateSep 3, 2019
Initiation of RefundsSep 4, 2019
Credit of Shares to Demat AccountSep 5, 2019
IPO Listing DateSep 6, 2019

Alphalogic IPO Lot Size

The Alphalogic IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹134,400).

ApplicationLotsSharesAmount (Cut-off)
Minimum11600₹134,400
Maximum11600₹134,400

Alphalogic IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding73.49%
  • Alphalogic IPO issue shares will list on BSE startup platform
  • Alphalogic SME IPO issue open and close date revised to 26 Aug-28 Aug from 23 Aug -27 Aug, as confirmed by Lead Manager

Alphalogic IPO Subscription Status (Bidding Detail)

The Alphalogic IPO is subscribed 1.18x times on Aug 28, 2019 18:50. The public issue subscribed 0.53x in the retail category, in the QIB category, and 1.96x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

1.96x

RII

0.53x

Total

1.18x

Alphalogic IPO Prospectus

Alphalogic IPO Rating

73
3.6
Rating:Rated 3.6 stars

Vote Here ...

Alphalogic IPO Listing Date

Listing DateThursday, September 5, 2019
BSE Script Code542770
NSE Symbol
Listing InTS Group of Securities
ISININE08E401011
IPO Price₹84 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹84.00
₹83.00
₹83.00
₹84.40
₹84.35
20,800

Company Contact Information

Alphalogic Techsys Ltd
405, Pride Icon, Near Columbia Asia Hospital,
Kharadi Bypass Road,
Pune, Maharashtra-411014, India

Phone: 0727-6701155
Email: info@alphalogiclimited.com
Website: https://www.alphalogicinc.com/

Alphalogic IPO Registrar

Cameo Corporate Services Limited
   Cameo Corporate Services Ltd.,
   Subramanian Building # 1, Club House Road,
   Chennai 600 002 - India

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/

Alphalogic IPO FAQs

  1. What is Alphalogic IPO?

    Alphalogic IPO is a SME IPO of 736,000 equity shares of the face value of ₹10 aggregating up to ₹6.18 Crores. The issue is priced at ₹84 per equity share. The minimum order quantity is 1600 Shares.

    The IPO opens on Aug 26, 2019, and closes on Aug 28, 2019.

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

  2. When Alphalogic IPO will open?

    The Alphalogic IPO opens on Aug 26, 2019 and closes on Aug 28, 2019.

  3. What is the lot size of Alphalogic IPO?

    Alphalogic IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

  4. How to apply for Alphalogic IPO?

    You can apply in Alphalogic 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Alphalogic IPO allotment?

    The finalization of Basis of Allotment for Alphalogic IPO will be done on Sep 3, 2019, and the allotted shares will be credited to your demat account by Sep 5, 2019. Check the Alphalogic IPO allotment status.

  6. When is Alphalogic IPO listing date?

    The Alphalogic IPO listing date is on Thursday, September 5, 2019.

Alphalogic IPO Message Board

Ranked Members  Ranked Members

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17. pradkumc |Oct 23, 2019 10:57
IS TRADING ALLOWED IN THIS SHARE ? Any idea why icicidirect is not supporting trading in this stock
16. Jaiparkash |Oct 3, 2019 14:06
any body axis bank/icici bank online asba last day time kya
15. Medge |Aug 28, 2019 16:50
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
sailed through but flop show.
15.1. Medge |Aug 28, 2019 16:52
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
subscription trend is very similar to past IPOs of same LM, looks like again this LM succeeded to trap around 2 cr money of RIIs
15.2. Medge |Sep 20, 2019 21:35
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
Market up and this poor stock going below issue price, what should expect more from this LM :)
14. Nayandip |Aug 26, 2019 21:58
Subscription acha ho raha hai phir listing kaisa hoga...?... pls koi batayega
14.1. deepcdsl |Aug 28, 2019 15:09
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Subscription like sk international... listing bhi waisa hi hoga... dont except anytime from this LM

1st day HNI subscription trap tha....many already ...
If possible cancel karo bids...
13. deepcdsl |Aug 24, 2019 07:26
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Company ke uppar loan tha..Jo they converted into equity...and selling equity shares here with very high price...
Keep yourself away from this looters...
12. Medge |Aug 22, 2019 17:24
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
from glassdoor review

I worked at Alphalogic full-time for more than a year

Pros

None wat so ever. It's a rut hole where you will rott

Cons

First, if you come anytime after 11:15am then they will mark half day and on top of that you still have to work nine hours which is full shift anyways. Second they are absolutely stingy in paying. Max to max twenty thousand if you have experience. For Freshers it's even less but the goel brothers for some reason still believe they pay the best Third you are not allowed to go out of office for more than 40 min. They...
Show More

Advice to Management

They don't listen to advice ... They only do wat they want... So no point in giving advice
11. Medge |Aug 22, 2019 17:24
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
From glassdoor reviews

I worked at Alphalogic full-time for less than a year

Pros

There is a huge advantage here in your growth if you keep appreciating your boss and keep admiring them for no good reason

Cons

fully patriarchy environment. if you keep appraising your boss you will grow else a fully political environment Best place to join if you dont wanna work and sit ideal due to advantage of patriarchy. You can burden anyone else with your own work and sit ideal by yourself if your boss is having your back. IT environment follows Back office principle.
10. Medge |Aug 22, 2019 17:17
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
company performance all numbers looks fishy.
9. deepcdsl |Aug 16, 2019 14:44
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Finchore aaya..bhagav isako yaha se..
9.1. deepcdsl |Aug 16, 2019 15:00
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
In last only few years cost of acquisition of shares hai Rs3.4...and abhi 84 rupees maang rahe ho... business grow huva hai Kya etana??? small software companies are always risky hai market ke hisab se...real value if this share is 8.4 RS..
8. SMEBoss |Aug 16, 2019 13:17
This message has been removed by a moderator.
8.1. Medge |Aug 16, 2019 13:53
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
If one individual software engineer started job in 2008 in 10 years his salary would be around 50 lacs package
Look at this company PAT in 2018 is just 37 lacs, so compared to individual with this company, this company performance is very bad upto 2018 if you think software sector.

Last year 2019 PAT showing increased around 6 times compared to 2018, this means this company was showing low PAT to save tax OR last year PAT is manipulated.
7. deepcdsl |Aug 14, 2019 22:28
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
In 2017 company asset was 120.17 lacs then in 2018 it was reduced to drastically to 8.64 lacs..then it's incredibly increases to 415.4 lacs...
Kaise kar lete hai ye log sub zhol...balance sheet main.??
7.1. Small Investor |Aug 16, 2019 12:19
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
Dur rhna iss Ipo Se iska LM Finchore h jo jo sabko lut leta
like powerful tec,skiel,skifl and others
7.2. Medge |Aug 16, 2019 13:45
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
Yes, they played with all numbers, better to skip.
6. Medge |Aug 16, 2019 13:43
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
Financial numbers looks fishy,
Also LM track record is pathetic. Better to buy quality stocks from secondary market.

In glassdoor all X employees of company written bad about this company.
Whatever written positive all are by present employees, means positive review is biased.

5. SMEBoss |Aug 16, 2019 12:53
This message has been removed by a moderator.
4. Vajra |Aug 13, 2019 14:02
Lot Size and Issue Price differ from factsheet where it is shown as 1600 @ 84
4.2. Small Investor |Aug 13, 2019 17:50
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
Mindpool Tech.bhi iska Bhai tha
4.3. deepcdsl |Aug 14, 2019 22:13
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@Small..
Ye LM ko kuch sharm hai ki nahi...ek ke badh ek lutane keliye issues leke ata hai ye...pata nahi kaha kaha see companies dhund ke lata hai ye..
Lagata hai ye LM khud companies ke pass Jata hai issue list karane ke liye...
Pure lutera hai ye...
3. Medge |Aug 14, 2019 15:26
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
In glassdoor only 19 reviews all are positive looks like all al reviews are fake about this company
3.1. Medge |Aug 14, 2019 15:27
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
Pune they have office,
This may be next mindpool
3.2. deepcdsl |Aug 14, 2019 22:10
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Company not doing good...all products are useless outdated...
Pls pls save your money....LM to chore hai hi...
Small software companies are very risky...
2. deepcdsl |Aug 14, 2019 22:06
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Finchore Aya new issue leke...kitana lutega ye LM public ki...
1. Medge |Aug 14, 2019 15:17
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
Again Mumbai based company after SK International by SAME LM,
Looks like this LM trapping retailers to stole money,
All pls beware.







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