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Alphalogic Techsys Ipo Details

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By Author: Stock Investor
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Alphalogic Techsys is a product counseling firm situated in Maharashtra. It is occupied with offering start to finish innovation arrangements and counseling administrations and backing. Presently, Software counseling firm Alphalogic Techsys has propelled it's Initial Public Offer of Rs 6.18 crore. It opened for offering on 26-8-2019 and shut on 28th August 2019 at a fixed cost of Rs 84 for each value share. The organization, which expects to list on September 5, is set to turn into the primary organization to be recorded on the BSE fire up stage.
Alphalogic Techsys IPO offers a sum of 7.36 lakh shares worth of Rs 6.18 crore.

Alphalogic Techsys IPO Details:
Issue Open: Aug 26, 2019 – Aug 28, 2019
Issue Type: Fixed Price Issue
Initial public offering Size: 736,000 eq portions of Rs 10 (collecting up to Rs 6.18 cr)
Face Value: Rs 10 for each value share
Issue Price: Rs 84 Per Equity Share
Market Lot: 1600 offers
Min Order Quantity: 1600 Shares
Posting At: BSE SME

As of the source, the Alphalogic open offer offered a Fixed kind issue. The size of the IPO is 736,000 value portions of the presumptive worth of Rs 10 for every value share collecting up to Rs 6.18 crores. The organization has been fixed a market part at 1600 offers and the Minimum request amount is Rs 1600 offers. As of draft plan, it has proposed to be recorded at the SME foundation of BSE. The Issue will lead oversee by Finshore the executives administrations constrained. The Issue offered 348,800 offers to non-institutional financial specialists and 350,400 offers to retail speculators.

India's First Largest IPO Promoter Holding:
Pre-Issue Share Holding: 100%
Post Issue Share Holding: 73.49%

The objective of Issue:
As of the draft plan, the organization proposes to use the assets raising through this issue towards the working capital necessities of the organization, to meet the issue cost and General corporate reason. It additionally expects to pick up advantages of posting on the BSE SME Platform.

Alphalogic IPO Registrar:
Cameo Corporate Services Limited
Subramanian Building # 1, Club House Road,
Chennai 600 002 – India
Telephone: +91-44-28460390
Email: investor@cameoindia.com

Disclaimer: This post is only data about the IPO. It doesn't offer any guidance or proposal. If you don't mind read the offer record cautiously and counsel your counselor before contributing.

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