India’s First Startup Ipo

By Author: Stock Investor
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NEW DELHI: Alphalogic Techsys Ltd, is a worldwide innovation arrangement organization preparing to discharge its first IPO on Friday, August 23 and will be shut on August 27. The organization, which expects to list on September 5, is set to turn into the main organization to be recorded on the BSE fire up stage. Finshore Management Services is the book-running lead supervisor to the issue, the organization said in an announcement. Most recent four years the organization holds roughly 40%, at present FY 2018-19, the organization timed a development pace of 120%.

The Pune-based boutique programming counseling firm has set a fixed cost at Rs 84 Per-share and the base units one needs to purchase is 16,00 shares, requiring a base venture of Rs 1,33,400. Absolute, 7.36 lakh shares are on the square, work Rs 6.18 crore.

Alphalogic IPO Details

Issue Open: Aug 23, 2019 – Aug 27, 2019
Issue Type: Fixed Price Issue IPO
Issue Size: 736,000 Eq Shares of Rs 10
(collecting up to Rs 6.18 Cr)
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 84 Per Equity Share
Market Lot: ...
... 1600 Shares
Min Order Quantity: 1600 Shares
Posting At: BSE SME

Alphalogic IPO Promoter Holding:
Pre-Issue Share Holding: 100%
Post Issue Share Holding: 73.49%

Alphalogic IPO Offer Size:
Qualified Institutional Buyers (QIB) 0 Shares
Non-Institutional Investors (NII) 369,600 Shares
Retail Individual Investor (RII) 370,800 Shares
Representative Reservations 0 Shares
Other Reservations 0 Shares
All out Issue Size 740,400 Shares

Alphalogic IPO Prospectus:
Draft Prospectus
Alphalogic IPO Registrar:
Cameo Corporate Services Limited
Subramanian Building # 1, Club House Road,
Chennai 600 002 – IndiaPhone: +91-44-28460390
Email: investor@cameoindia.com
Site: https://online.cameoindia.com/

About the Company:
Alphalogic Techsys Ltd is a Software Consulting Firm which occupied with offering start to finish innovation arrangement, innovation counseling administrations, and backing. The administrations scope of the organization incorporates portable application advancement, information investigation administrations, UI/UX consulting, web application improvement and business insight.
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