Equity shares in Alphalogic Industries Limited will be issued via fixed price issue in the company’s Initial Public Offering (IPO). The initial public offering (IPO) for Alphalogic Industries Limited is set for the week of July 03 – July 06, 2023.The issue is priced at ₹96 per share. The minimum order quantity is 1200 Shares. With a face value of Rs. 10, each of the 1,341,600 shares up for sale in the IPO may bring in as much as 12.88 Cr. for the company. Let’s learn more about their initial public offering scheduled for July of 2023.
About Alphalogic Industries Limited
Alphalogic Industries Limited, a subsidiary of M/s, Alphalogic Techsys Limited was founded in 2020. Alphalogic Industries 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 organizations, educational institutes, and information technology companies, among others. During Fiscal Year 2023, the company served over 150 clients from various industries.
Alphalogic Industries IPO Issue Details
| Issue Type | Fixed Price IPO Issue |
| Issue Opens | 03rd July 2023 |
| Issue Closes | 06th July 2023 |
| Face Value | Rs 10 Per Share |
| Issue Price | Rs 96 Per Share |
| Issue Size | 1,341,600 Shares (Rs 12.88 crores) |
| Minimum Order Quantity | 1200 Shares |
| Listing | BSE, SME |
Purpose of the Issue
The company aims to use the net revenues of the offering to fund the following projects:
- To address working capital needs.
- To cover the issue costs.
- General Corporate Goals.
Alphalogic Industries Limited — Company Contact Details
- Registered & Corporate Office: 405, Pride Icon, Near Columbia Asia Hospital, Kharadi Bypass Road, Pune – 411014
- Telephone: +91 82977 40000
- Website: https://alphalogicindustries.com/
Alphalogic Industries IPO – Lead Managers of the Issue
Finshore Management Services Limited
- Office Address: Anandlok, Block-A, 2 nd Floor, Room No. 207, 227 A.J.C. Bose Road, Kolkata-700020, India
- Telephone: +91-33-22895101
- Email: ramakrishna@finshoregroup.com
Alphalogic Industries IPO – Registrar of the Issue
Cameo Corporate Services Limited
- Telephone: +91-44-28460390
- Email: cameo@cameoindia.com
- Website: https://ipo.cameoindia.com/
Alphalogic Industries Limited IPO Issue Prospectus
Click here to read the Final Prospectus of this IPO Issue.
Disclaimer: Investingly just provides basic information as update about the issues. Investingly never gives advices or recommendations to anyone. Investments into securities are subject to market risk. Please read the offer and issue documents carefully before investing. It is also advised to consult your financial advisor for necessary suggestions.
