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.


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 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

Alphalogic IPO Date Aug 26, 2019 to Aug 28, 2019
Alphalogic IPO Face Value ₹10 per share
Alphalogic IPO Price ₹84 per share
Alphalogic IPO Lot Size 1600 Shares
Issue Size736,000 shares of ₹10
(aggregating up to ₹6.18 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

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

Alphalogic IPO Timeline (Tentative Timetable)

Alphalogic IPO opens on Aug 26, 2019, and closes on Aug 28, 2019. The Alphalogic IPO bid date is from Aug 26, 2019 10.00 A.M. to Aug 28, 2019 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Alphalogic IPO Opening Date Aug 26, 2019
Alphalogic IPO Closing Date Aug 28, 2019
Basis of Allotment Sep 3, 2019
Initiation of Refunds Sep 4, 2019
Credit of Shares to Demat Sep 5, 2019
Alphalogic IPO Listing Date Sep 6, 2019

Alphalogic IPO Lot Size

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

Application Lots Shares Amount
Retail (Min) 1 1600 ₹134,400
Retail (Max) 1 1600 ₹134,400

Alphalogic IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 73.49%
  • 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 Review

Company's performance on the basis of FY19 super earnings raises concern. However, on the basis of recent earnings (with super-profits in the pre-IPO year), the issue appears fully priced. Risk savvy cash surplus investors may consider moderate investment at their own risk. (Other). Read detail review...

Alphalogic IPO Subscription Status (Bidding Detail)

The Alphalogic IPO is subscribed 1.18 times on Aug 28, 2019 6:50:01 PM. The public issue subscribed 0.53 times in the retail category, times in the QIB category, and 1.96 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Alphalogic IPO Prospectus

Alphalogic IPO Rating

Rating:Rated 3.6 stars
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Alphalogic IPO Listing Date

Listing Date Thursday, September 5, 2019
BSE Script Code 542770
NSE Symbol
Listing In TS Group of Securities
ISIN INE08E401011
IPO Price ₹84 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Alphalogic Techsys Ltd
405, Pride Icon, Near Columbia Asia Hospital,
Kharadi Bypass Road,
Pune, Maharashtra-411014, India
Phone: 0727-6701155

Alphalogic IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Alphalogic IPO Review

Alphalogic IPO Recommendation Summary

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Alphalogic IPO FAQs

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 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.

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

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

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.

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.

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

Ranked Members of Forum  Ranked Members | Most Liked Members



17. pradkumc |   Link |Oct 23, 2019 10:57:48 AM
IS TRADING ALLOWED IN THIS SHARE ? Any idea why icicidirect is not supporting trading in this stock
16. Jaiparkash |   Link |Oct 3, 2019 2:06:39 PM
any body axis bank/icici bank online asba last day time kya
15. Medge |   Link |Aug 28, 2019 4:50:32 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
sailed through but flop show.
15.1. Medge |   Link |Aug 28, 2019 4:52:43 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ 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 |   Link |Sep 20, 2019 9:35:35 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Market up and this poor stock going below issue price, what should expect more from this LM :)
14. Nayandip |   Link |Aug 26, 2019 9:58:37 PM
Subscription acha ho raha hai phir listing kaisa hoga...?... pls koi batayega
14.1. deepcdsl |   Link |Aug 28, 2019 3:09:24 PM
IPO Guru IPO Guru (1200+ Posts, 1300+ 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 |   Link |Aug 24, 2019 7:26:21 AM
IPO Guru IPO Guru (1200+ Posts, 1300+ 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 |   Link |Aug 22, 2019 5:24:46 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
from glassdoor review

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


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


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 |   Link |Aug 22, 2019 5:24:15 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
From glassdoor reviews

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


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


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 |   Link |Aug 22, 2019 5:17:10 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
company performance all numbers looks fishy.
9. deepcdsl |   Link |Aug 16, 2019 2:44:45 PM
IPO Guru IPO Guru (1200+ Posts, 1300+ Likes)
Finchore aaya..bhagav isako yaha se..
9.1. deepcdsl |   Link |Aug 16, 2019 3:00:34 PM
IPO Guru IPO Guru (1200+ Posts, 1300+ 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 |   Link |Aug 16, 2019 1:17:49 PM
This message has been removed by a moderator.
8.1. Medge |   Link |Aug 16, 2019 1:53:35 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ 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 |   Link |Aug 14, 2019 10:28:03 PM
IPO Guru IPO Guru (1200+ Posts, 1300+ 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 |   Link |Aug 16, 2019 12:19:55 PM
IPO Guru IPO Guru (1600+ Posts, 900+ 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 |   Link |Aug 16, 2019 1:45:36 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Yes, they played with all numbers, better to skip.
6. Medge |   Link |Aug 16, 2019 1:43:33 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ 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 |   Link |Aug 16, 2019 12:53:07 PM
This message has been removed by a moderator.
4. Vajra |   Link |Aug 13, 2019 2:02:12 PM
Lot Size and Issue Price differ from factsheet where it is shown as 1600 @ 84
4.2. Small Investor |   Link |Aug 13, 2019 5:50:03 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Mindpool Tech.bhi iska Bhai tha
4.3. deepcdsl |   Link |Aug 14, 2019 10:13:42 PM
IPO Guru IPO Guru (1200+ Posts, 1300+ Likes)
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 |   Link |Aug 14, 2019 3:26:11 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
In glassdoor only 19 reviews all are positive looks like all al reviews are fake about this company
3.1. Medge |   Link |Aug 14, 2019 3:27:43 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Pune they have office,
This may be next mindpool
3.2. deepcdsl |   Link |Aug 14, 2019 10:10:35 PM
IPO Guru IPO Guru (1200+ Posts, 1300+ 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 |   Link |Aug 14, 2019 10:06:31 PM
IPO Guru IPO Guru (1200+ Posts, 1300+ Likes)
Finchore Aya new issue leke...kitana lutega ye LM public ki...
1. Medge |   Link |Aug 14, 2019 3:17:45 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Again Mumbai based company after SK International by SAME LM,
Looks like this LM trapping retailers to stole money,
All pls beware.