Business Standard

Alphalogic Techsys Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

6.18 cr

Price Range (₹)

84

Lot Size

1600

Min Investment (₹)

1,34,400.00

Listing Exchange

BSE - SME

Open Date

26-Aug-2019

Close Date

28-Aug-2019

Listing Date

05-Sept-2019

Alphalogic Techsys Ltd News

    The Shares of Alphalogic Techsys Ltd have now been listed.

    Alphalogic Techsys Ltd IPO Details

    Initial Public Issue of 7,36,000 Equity Shares of face value of Rs. 10 each (equity shares) of Alphalogic Techsys Limited (the company or the issuer) for cash at a price of Rs. 84 per equity share, includinga share premium of Rs. 74 per equity share (the issue price), aggregating to Rs.6.18 Crores (the issue), of which 36,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 84 per equity share, aggregating to Rs. 0.31 Crores will be reserved for subscriptions by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue 6,99,200 equity shares of face value of Rs.10 each for cash at a price of Rs. 84 per equity share, aggregating to Rs. 5.87 Crores is here in after referred to as the net issue. The issue and the net issue will constitute 26.51% and 25.19% respectively of the post issue paidup equity share capital of the company.The face value of the equity share is Rs. 10 each and the issue price is Rs. 84 i.e. 8.4 times of the face value of the Equity shares. The minimum lot size is 1600 equity shares.

    Objective of issue

    Funding the Working Capital Requirements of the Company. General Corporate Purposes.

    Alphalogic Techsys Ltd Contact Details

    Alphalogic Techsys Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

    Phone - 91-44-28462700

    Fax - 91-44-28460129

    Email - info@alphalogiclimited.com

    Website - www.alphalogicinc.com