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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 (₹500.00 Lakhs)
B. To meet the Issue Expenses (₹47.20 lakhs)
C. General Corporate Purposes (₹71.04 Lakhs)

Alphalogic IPO Details

Issue OpenAug 26, 2019 - Aug 28, 2019
Issue TypeFixed Price Issue IPO
Issue Size736,000 Eq Shares of ₹10
(aggregating up to ₹6.18 Cr)
Face Value₹10 Per Equity Share
Issue Price₹84 Per Equity Share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtBSE SME

Alphalogic IPO Tentative Date / Timetable

Bid/Offer Opens OnAug 26, 2019
Bid/Offer Closes OnAug 28, 2019
Finalisation of Basis of AllotmentSep 3, 2019
Initiation of RefundsSep 4, 2019
Credit of Shares to Demat AcctSep 5, 2019
IPO Shares Listing DateSep 6, 2019

Alphalogic IPO Lot Size and Price (Retail)

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)

Alphalogic IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

348,800

350,400

736,000

Aug 28, 2019 18:50

1.96x

0.53x

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
ISININE08E401011
Issue Price₹84 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue 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. 1. What is Alphalogic IPO?

    Alphalogic IPO is an SME initial public offering of 736,000 equity shares of the face value of ₹10 aggregating up to ₹6.18 Crores.

    The issue price of the IPO is ₹84 Per Equity Share. The minimum order quantity is 1600 Shares per application and the offer type is Fixed Price Issue.

    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. 2. When Alphalogic IPO will open?

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

  3. 3. How to apply for Alphalogic IPO?

    Alphalogic IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. 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.

  5. 5. When is Alphalogic IPO listing date?

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

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Alphalogic IPO Review / Comments

pradkumc
17. pradkumc  Oct 23, 2019 10:57 I Like It. | Report Abuse Reply
IS TRADING ALLOWED IN THIS SHARE ? Any idea why icicidirect is not supporting trading in this stock
Jaiparkash
16. Jaiparkash  Oct 3, 2019 14:06 I Like It. | Report Abuse Reply
any body axis bank/icici bank online asba last day time kya
Medge
15. Medge  Aug 28, 2019 16:50 I Like It. 3 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
sailed through but flop show.
Medge
15.1. Medge  Aug 28, 2019 16:52 I Like It. 3 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 600+ 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
Medge
15.2. Medge  Sep 20, 2019 21:35 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
Market up and this poor stock going below issue price, what should expect more from this LM :)
Nayandip
14. Nayandip  Aug 26, 2019 21:58 I Like It. 1 | Report Abuse Reply
Subscription acha ho raha hai phir listing kaisa hoga...?... pls koi batayega
deepcdsl
14.1. deepcdsl  Aug 28, 2019 15:09 I Like It. 4 | Report Abuse
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...
deepcdsl
13. deepcdsl  Aug 24, 2019 07:26 I Like It. 5 | Report Abuse Reply
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...
Medge
12. Medge  Aug 22, 2019 17:24 I Like It. 6 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 600+ 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
Medge
11. Medge  Aug 22, 2019 17:24 I Like It. 4 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 600+ 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.
Medge
10. Medge  Aug 22, 2019 17:17 I Like It. 5 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
company performance all numbers looks fishy.
deepcdsl
9. deepcdsl  Aug 16, 2019 14:44 I Like It. 8 | Report Abuse Reply
Finchore aaya..bhagav isako yaha se..
deepcdsl
9.1. deepcdsl  Aug 16, 2019 15:00 I Like It. 7 | Report Abuse
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..
SMEBoss
8. SMEBoss  Aug 16, 2019 13:17 I Like It. 1 | Report Abuse Reply
This message has been removed by a moderator.
Medge
8.1. Medge  Aug 16, 2019 13:53 I Like It. 9 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 600+ 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.
deepcdsl
7. deepcdsl  Aug 14, 2019 22:28 I Like It. 5 | Report Abuse Reply
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.??
Small Investor
7.1. Small Investor  Aug 16, 2019 12:19 I Like It. 5 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Dur rhna iss Ipo Se iska LM Finchore h jo jo sabko lut leta
like powerful tec,skiel,skifl and others
Medge
7.2. Medge  Aug 16, 2019 13:45 I Like It. 6 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
Yes, they played with all numbers, better to skip.
Medge
6. Medge  Aug 16, 2019 13:43 I Like It. 9 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 600+ 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.

SMEBoss
5. SMEBoss  Aug 16, 2019 12:53 I Like It. 13 | Report Abuse Reply
This message has been removed by a moderator.
Vajra
4. Vajra  Aug 13, 2019 14:02 I Like It. 2 | Report Abuse Reply
Lot Size and Issue Price differ from factsheet where it is shown as 1600 @ 84
Small Investor
4.2. Small Investor  Aug 13, 2019 17:50 I Like It. 5 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Mindpool Tech.bhi iska Bhai tha
deepcdsl
4.3. deepcdsl  Aug 14, 2019 22:13 I Like It. 2 | Report Abuse
@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...
Medge
3. Medge  Aug 14, 2019 15:26 I Like It. 4 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
In glassdoor only 19 reviews all are positive looks like all al reviews are fake about this company
Medge
3.1. Medge  Aug 14, 2019 15:27 I Like It. 4 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
Pune they have office,
This may be next mindpool
deepcdsl
3.2. deepcdsl  Aug 14, 2019 22:10 I Like It. 2 | Report Abuse
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...
deepcdsl
2. deepcdsl  Aug 14, 2019 22:06 I Like It. 2 | Report Abuse Reply
Finchore Aya new issue leke...kitana lutega ye LM public ki...
Medge
1. Medge  Aug 14, 2019 15:17 I Like It. 3 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 600+ 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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