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.
| Bidding Dates |
|---|
| 26 Aug 2019 - 28 Aug 2019 |
| Subscription |
|---|
| 1.18x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,34,400 | 1 | 1 | 1600 | 736.0 K | ₹84 | 73.49 % | ₹61.8 M | RHP DOC |
Alphalogic Techsys IPO SUBSCRIPTION STATUS
28 Aug '19Alphalogic Techsys IPO overall subscription rate was 1.18 times the total available shares
Alphalogic Techsys IPO retail subscription rate was 0.53 times in the retail segment
Alphalogic Techsys IPO non-institutional investor subscription rate was 1.96 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
26 Aug 2019 (Day 1) | 0.11x | 1.24x | - |
27 Aug 2019 (Day 2) | 0.21x | 1.82x | - |
28 Aug 2019 (Day 3) | 0.53x | 1.96x | - |
Alphalogic Techsys FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY19 | 21.9 | 50.1 | 24.4 | 24.2 |
| FY18 | 3.7 | 21.8 | 4.9 | -1.8 |
| FY17 | 3.4 | 18.9 | 0.0 |
Alphalogic Techsys IPO SUBSCRIPTION STATUS DETAILS
Alphalogic Techsys had 736.0 K shares on offer
Alphalogic Techsys IPO offer price was ₹84
Alphalogic Techsys IPO minimum Investment was ₹134400
Alphalogic Techsys IPO issue size was ₹ 61.8 M
Alphalogic Techsys had a minimum lot size of 1600 Shares per application
Alphalogic Techsys NUMBER OF SHARES ON OFFER
Alphalogic Techsys IPO IMPORTANT DATES
| Issue Open Date | 26 Aug 2019 |
| Issue close Date | 28 Aug 2019 |
| Allotment Date | 03 Sep 2019 |
| Refund Date | 04 Sep 2019 |
| Demat Account Credit Date | 05 Sep 2019 |
| Listing Date | 06 Sep 2019 |
| Listing on Exchange(s) | BSE |
| Alphalogic Techsys Allotment Status | Exchange |
Alphalogic Techsys IPO subscription opened on 26 Aug 2019, and closed on 28 Aug 2019
IPO allotment for Alphalogic Techsys was finalized on Tuesday, 03 Sep 2019
IPO listing for Alphalogic Techsys was on BSE on Friday, 06 Sep 2019
Alphalogic Techsys IPO LISTING GAINS
| Issue Price (adjusted) | 4.4 |
| Listing Open Price | 83.0 |
| Listing Close Price | 84.3 |
| Listing Gain% | -1.2% |
| Current Gain% | 817.5% |
Alphalogic Techsys Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alphalogic Techsys Ltd. | 40.3 | 11.2 | 50.5 | 18.8 | 5 | 9.6 | 4.2 | 52.9 | -34 | 5 | 2.7 | 0.8 | 2.7 |
| Tata Consultancy Services Ltd. | 2452.7 | 887408.3 | 17.8 | 16.7 | 3.2 | 45.9 | 27 | 271423 | 4.7 | 49210 | 1.4 | 137.6 | 1.1 |
| Infosys Ltd. | 1175.1 | 476862.2 | 15.7 | 1.4 | 2.6 | 31.7 | 18.9 | 182972 | 9.8 | 29440 | 10.2 | 74.6 | 11.1 |
| HCL Technologies Ltd. | 1356.6 | 368135.8 | 21.1 | 8 | 2.7 | 22.1 | 14.3 | 131674 | 10.2 | 16642 | -4.3 | 64.2 | 2.6 |
| Wipro Ltd. | 187.5 | 185737.1 | 14.1 | -7.8 | 2 | 15 | 9.3 | 96497.7 | 3.8 | 13197.4 | 0.5 | 13.3 | -1.8 |
| Tech Mahindra Ltd. | 1635 | 160243.9 | 31.2 | 2.4 | 2.7 | 16.2 | 9.7 | 56847.3 | 5.6 | 4810.9 | 13.2 | 52.4 | 13.1 |
Alphalogic Techsys INFORMATION ON IPO ISSUE
About Alphalogic Techsys
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.
Object of the Issue
- To meet the working capital requirements of the company (Rs 500.00 Lakhs)
- To meet the Issue Expenses (Rs 47.20 lakhs)
- General Corporate Purposes (Rs 71.04 Lakhs)
Alphalogic Techsys - PROMOTERS
| Name |
|---|
| Anshu Goel |
| Dhananjay Subhash Goel. |
Alphalogic Techsys Lead Manager
Finshore Management Services Limited
info@finshoregroup.com
Alphalogic Techsys Registrar to the issue
Cameo Corporate Services Limited
investor@cameoindia.com
Alphalogic Techsys Strengths
End-to-end Software Solutions and Support
The range of services includes right from MVP (Minimum Viable Product) development to Product Reengineering and Product Maintenance. The company offers end-to-end technology services and solutions to its clients. Since incorporation, it has continuously developed offerings to include new-age technologies along with data science and artificial intelligence capabilities, query optimization and rapid iteration services
Access to talent pool and domain experts
The company believes that it is among the very few technology companies with in-depth domain expertise that it operates in. The expertise in the Healthcare domain and the Software-as-a-service (SAAS) product development vertical is unmatched and helps serve clients' needs in a very efficient and cost-effective way.
Alphalogic Techsys Risks
Dependent on the ability to develop new services
Rapid technological advances, changing delivery models and evolving standards in software development and communications infrastructure, changing and increasingly sophisticated customer needs and frequent new product introductions and enhancements characterize the industry in which the company operates.
Business and results of operations are dependent on the contracts
Business and results of operations are dependent on the contracts, including certain short-term contracts that the company enters into with its customers. Any breach of the conditions under these contracts may adversely affect business and results of operations
IPO FAQs
Alphalogic Techsys Ltd. IPO listing opened at Rs 83.00 while the issue price was Rs 84.00 giving -1.19% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 4.39 giving 817.54% gains since its IPO listing.
The promoters of the company are Anshu Goel and Dhananjay Subhash Goel..
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 84.0 - 84.0.
The IPO application opens on Aug 26, 2019 and closes on Aug 28, 2019.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 134,400.0, the maximum value for this IPO is Rs 134,400.0.
This IPO will be allotted on Sep 03, 2019.
The refund will be credited to your account on Sep 04, 2019.
The allotted shares will be credited to your demat on Sep 05, 2019.
Alphalogic Techsys Ltd.’s shares listed on the stock exchanges on Sep 06, 2019.