
Alphalogic Industries Limited
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Alphalogic Industries Limited's successfully completed its Initial Public Offering and commenced trading on Jul 14, 2023 at the BSE exchange. The company raised 13,41,600 Shares through this public offering, comprising 13,41,600 Shares in fresh capital.
The IPO was priced within the band of ₹96 to ₹96, with minimum application lots of 1200 shares. The offering attracted significant investor interest during its subscription period from Jul 03, 2023 to Jul 06, 2023.
Share allotment was finalized on Jul 11, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Alphalogic Industries Limited, incorporated in 2020 and a subsidiary of Alphalogic Techsys Limited, is engaged in designing, manufacturing, supplying, and installing industrial and institutional storage systems. The company manufactures a wide range of products including compactor storage systems, heavy duty storage racks, cantilever racks, lockers, mezzanine floors, metal pallets & crates, and library storage systems. Its manufacturing facility is located in Pimpri Chinchwad, Pune, Maharashtra. Alphalogic provides storage solutions to multiple sectors such as automobile, e-commerce, food, logistics, engineering, pharmaceutical, educational institutes, and IT companies, and has served over 150 clients in FY 2023.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- M/S. Alphalogic Techsys Limited
Alphalogic Industries Limited
Cameo Corporate Services Limited
