Alphalogic Industries Limited, a subsidiary of M/s, was founded in 2020. Alphalogic Techsys Limited designs, manufactures, supplies, and installs industrial and institutional storage systems. 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 and other products are manufactured by the company. The manufacturing facility of Alphalogic Industries is located in Pimpri Chinchwad, Pune, Maharashtra. The company has built and delivered storage solutions for the automobile industry, e-commerce companies, the food industry, logistics companies, engineering companies, pharmaceutical organisations, educational institutes, and information technology companies, among others. During Fiscal Year 2023, the company served over 150 clients from various industries.
Alphalogic Industries IPO Details
| IPO Date | Jul 3, 2023 to Jul 6, 2023 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price | Rs 96 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,341,600 shares (aggregating up to Rs 12.88 Cr) |
| Fresh Issue | 1,341,600 shares (aggregating up to Rs 12.88 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3,753,000 |
| Share holding post issue | 5,094,600 |
| Market Maker portion | 67,200 shares |
Alphalogic Industries IPO Timetable (Tentative)
Alphalogic Industries IPO opens on Jul 3, 2023, and closes on Jul 6, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Monday, 3 July 2023 |
| Closing Date | Thursday, 6 July 2023 |
| Basis of Allotment | Tuesday, 11 July 2023 |
| Initiation of Refunds | Wednesday, 12 July 2023 |
| Credit of Shares to Demat | Thursday, 13 July 2023 |
| Listing Date | Friday, 14 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 6, 2023 |
Alphalogic Industries IPO Lot Size
The Alphalogic Industries IPO lot size is 1200 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | Rs 115,200 |
| Retail (Max) | 1 | 1200 | Rs 115,200 |
| HNI (Min) | 2 | 2,400 | Rs 230,400 |
Alphalogic Industries IPO Promoter Holding
The promoter of the company is M/S. Alphalogic Techsys Limited.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.67% |
