Pune-based boutique software consulting firm Alphalogic Techsys on Friday said the opening of initial public offering (IPO) - under which its shares were to be listed on the BSE start-up platform - has been postponed to August 26.
"Due to unforeseen circumstances, the public issue could not be open on August 23, 2019. We have been duly in touch with the BSE officials regarding the same has worked tirelessly to resolve the matter," the company said in a statement.
The new date for the opening of Alphalogic Techsys public issue is August 26, 2019, it added.
Earlier this week, the company had said its IPO of Rs 6.18 crore will open for bidding on August 23 - becoming the first company to be listed on the BSE start-up platform.
The offer was to have a fixed price of Rs 84 per equity share, and the minimum lot size for investment was of 1,600 shares with minimum investment at Rs 1,34,400.
The company did not state if there are any changes to its proposed offer.
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