Alphalogic Industries IPO

Alphalogic Industries IPO will open for subscription from 03 July 2023. the company aims for an issue size of ₹12.88 Cr through this IPO.

Company Overview

Full nameAlphalogic Industries Limited
SectorCapital Goods
IndustryEngineering – Industrial Equipments
Company Website

About Company

The company is engaged in the Design, Manufacturing, Supply, and Installation of Industrial and Institutional Storage Systems i.e. 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 facility is located at Survey No. 164/1, Plot No. 6, Alkapuram Road, Opp Yashobhumi Society, Wadmukhwadi, Pimpri Chinchwad, Pune – 412105, Maharashtra. It is an ISO 9001:2015, 14001:2015, 45001:2018, and BIFMA-certified storage solution manufacturing company.

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 FY 2023, the company served over 150 clients in different industries. Its manufacturing process includes both In-house manufacturing and outsourcing model. Through its outsourcing model, it mainly processes the following activities i.e. Perforation, Powder Coating, Installation, etc.

Alphalogic Industries Limited is a subsidiary of M/s. Alphalogic Techsys Limited, which was listed on the Startup Segment of the SME Platform of BSE Limited as one of the first companies to list on the BSE Start-up platform and later migrated to the Mainboard Platform on December 16, 2021.

The Objective of the Issue

  • To meet Working Capital Requirements,
  • To meet the Issue Expenses, and
  • General Corporate Purposes.

IPO Timetable

IPO Opening date03 July 2023
IPO Closing06 July 2023
Basis of Allotment11 July 2023
Initiation Refund12 July 2023
Credit to Demat Account13 July 2023
Listing Date14 July 2023

IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹12.88 Cr – 1,341,600 shares
Fresh Issue₹12.88 Cr – 1,341,600 shares
Offer for saleNil
Face value₹10 per share
Offer Price ₹96 per share
Lot size1200 Share
Listing ExchangeBSE SME

IPO Lot Size

Retail (Min)11200₹115,200
Retail (Max)11200₹115,200
HNI (Min)22,400₹230,400

Reservation Details

Market Maker Shares Offered67,200 (5.56%)
Other Shares Offered570,000 (47.17%)
Retail Shares Offered704,400 (58.29%)
Total Shares Offered1,208,400 (100%)

Financial Performance

 FY 2021FY 2022FY 2023
Net income8.330.5219.4
(Amount in ₹ Crores Lakhs)

Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio16.41
RONW (%)45.3435.6950.60
ROCE (%)23.0027.0075.00
EBITDA (%)5.389.0018.29

Company Promoters

  •  M/S. Alphalogic Techsys Limited.

Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding73.67%

Lead Manager(s)

Anandlok Building, Block-A,
2nd Floor, Room No. 207,
227 A.J.C Bose Road, Kolkata-700020, West Bengal
Phone :033 – 2289 5101 / 4603 2561

IPO Registrar

‘Subramanian Building’,
1, Club House Road,
Chennai – 600 002, Tamil Nadu
Phone: +91 – 44 – 40020700

Contact Details

405, Pride Icon, Near Columbia Asia Hospital,
Kharadi Bypass Road, Pune – 411014, Maharashtra
Phone: +91 82977 40000

Allotment Status

Alphalogic Industries IPO allotment status will be available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.

Final thoughts

Alphalogic Industries IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

Leave a Comment

Your email address will not be published. Required fields are marked *