Alphalogic Techsys Ltd is set to debut in the stock market with an issue size ₹6.18 Cr. In Maharashtra, India, Alphalogic Techsys Ltd is a Software Consultancy Business. It provides complete technological solutions, technology consulting services, and support to clients in India, Australia, the United States, and the United Kingdom. Mobile application development, data analytics services, UI/UX consultancy, web application development, and business intelligence are among its offerings. It includes Software-as-a-Service (SAAS Software), Healthcare, Social Networking, Finance, E-commerce, and many other industries. It tailors its services to the demands of its customers.
Alphalogic IPO Details
| IPO Date | Aug 26, 2019 to Aug 28, 2019 |
| Listing Date | Sep 5, 2019 |
| Face Value | ₹10 per share |
| Price | ₹84 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 736,000 shares(aggregating up to ₹6.18 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Alphalogic Techsys Ltd IPO Tentative Timetable
Alphalogic IPO opens on Aug 26, 2019, and closes on Aug 28, 2019.
| Event | Tentative Date |
| Opening Date | Aug 26, 2019 |
| Closing Date | Aug 28, 2019 |
| Basis of Allotment | Sep 3, 2019 |
| Initiation of Refunds | Sep 4, 2019 |
| Credit of Shares to Demat | Sep 5, 2019 |
| Listing Date | Sep 6, 2019 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Company Overview
Alphalogic Techsys Ltd is a software development company based in India that provides custom software solutions to businesses across various industries. Established in 2013, the company has grown to become a trusted partner for digital transformation initiatives. Alphalogic Techsys specializes in web and mobile app development, cloud computing, data analytics, and internet of things (IoT) solutions.
With a team of experienced developers and project managers, the company has delivered successful projects for clients in industries such as healthcare, finance, education, and e-commerce. Alphalogic Techsys aims to provide innovative and cost-effective solutions that help businesses streamline their processes, improve efficiency, and drive growth. The company’s commitment to customer satisfaction and quality has earned it a reputation as a reliable and dependable technology partner.
Industry Overview
The healthcare industry is a vital sector that provides essential services to people across the globe. It encompasses a wide range of organizations and businesses, including hospitals, clinics, medical device manufacturers, pharmaceutical companies, and health insurers.
The industry is expected to continue its growth trajectory due to factors such as the aging population, advancements in medical technology, and the increasing prevalence of chronic diseases. The COVID-19 pandemic has also highlighted the importance of healthcare and accelerated the adoption of telemedicine and digital health solutions. The industry faces challenges such as rising healthcare costs, shortage of healthcare workers, and increasing regulatory requirements, but overall it remains a critical component of society and the economy.
Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | ||
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
| Total Assets | 415.40 | 8.64 | 120.17 |
| Total Revenue | 501.21 | 218.33 | 188.84 |
| Profit After Tax | 219.05 | 37.09 | 33.86 |
Objects of the Issue
The Company intends to apply the Net Funds from the Offering to the following purposes:
- To fulfil the company’s working capital requirements (Rs 500.00 Lakhs)
- To cover Issue Costs (Rs 47.20 lakhs)
- General Corporate Goals (Rs 71.04 Lakhs)
Strengths
- Expertise in Custom Software Development
- Diverse Technology Capabilities
- Commitment to Customer Satisfaction and Quality
Weaknesses
- Dependence on Skilled Talent
- Rapid Technological Changes
- Increasing Competition and Price Pressure.
Alphalogic Techsys Ltd Lead Manager(s)
- Finshore Management Services Limited
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
Company Contact Information
Alphalogic Techsys Ltd
405, Pride Icon, Near Columbia Asia Hospital, Kharadi Bypass Road,
Pune, Maharashtra-411014, India
Phone: 0727-6701155
Email: info@alphalogiclimited.com
Website: https://www.alphalogicinc.com/
Company Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
