IPO Issue Details
Issue Price / Price Band₹84 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size7,36,000 shares (aggregating up to ₹6.18 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 26 Aug 2019
Subscription CloseWed, 28 Aug 2019
Anchor AllotmentSun, 25 Aug 2019
Basis of AllotmentTue, 03 Sep 2019
Initiation of RefundsWed, 04 Sep 2019
Credit of Shares to DematThu, 05 Sep 2019
Listing DateThu, 05 Sep 2019
UPI Mandate Deadline2019-08-28
Application & Investment Details
Retail — Min (1 Lots)₹1,34,400 — 1,600 shares
Retail — Max (13 Lots)₹1,747,200 (13 Lots)
HNI — Min (2 Lots)₹2,68,800 — 3,200 shares
Net Offer to Public6,99,200 shares (aggregating up to ₹5.87 Cr)
Reserved for Market Maker36,800 shares (aggregating up to ₹0.3091 Cr)
Pre-IPO Promoter Holding20,39,970 shares
Post-IPO Promoter Holding27,75,970 shares
About Alphalogic Techsys Ltd.
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.Products1. Alphalogic' Business Process Automation suite 2. Business Process Management Software (BPMS)Competitive Strengths1. End-to-end technology services and solutions 2. A long-standing relationship with clients 3. Domain experts
Objects of the Issue
Alphalogic Techsys Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding the working capital requirements of the Company
5.00
2
2 Issue related expenses
0.47
3
3 General corporate purposes
71,040.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
20,39,970 shares
Post-IPO Promoter Holding
27,75,970 shares