Alkosign Limited IPO
BSE SMEListed On: Feb 1, 2022 at ₹ 45.25
₹ 270000 /6000 Shares
*Min Investment
18 Jan, 2022
Open Date21 Jan, 2022
Close Date28 Jan, 2022
Allotment Date01 Feb, 2022
Listing DateIPO Issue Details
- Issue Price ₹45 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,700,000 Eq Shares of ₹10(aggregating up to ₹12.15 Cr)
- Listing at BSE SME
- List Price 45.25
- Listing Date 2022-02-01
- Lead Manager SHRENI SHARES PRIVATE LIMITED
- Registrar Skyline Financial Services Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Alkosign Limited IPO is an SME IPO, priced at ₹45 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jan 18, 2022 to Jan 21, 2022. The allotment is expected to be finalized on Jan 28, 2022, and the tentative listing date is Feb 1, 2022.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,281,000 | 1,281,000 | 2,562,000 |
Day 1 18-01-22 05:30 PM | 1.91 x | 0.45 x | 1.18 x |
Day 2 19-01-22 05:30 PM | 2.03 x | 3.91 x | 2.97 x |
Day 3 20-01-22 05:30 PM | 2.16 x | 4.79 x | 3.47 x |
Day 4 21-01-22 05:30 PM | 3.14 x | 6.39 x | 4.76 x |
Valuations
Company Financials
| 30-Jun-21 | 31-Mar-21 | |
|---|---|---|
| Assets | 23.39 | 23.66 |
| Revenue | 2.03 | 13.27 |
| Profit After Tax | 0.29 | 0.66 |
About Company
Alkosign Limited is engaged in the manufacturing of visual presentation systems namely writing boards/display boards/notice boards of different types along with its associated accessories. The company also manufactures stands used for these boards, school benches and desks, and other accessories. The company sells its products under various trademarks such as Alkosign, Sit and Study, Brainee, Glassy-BO, Ultra- EX, Ultra.The company supplies products in around 22 states and is also moving ahead towards establishing its presence in the international market. The company has around 50 registered dealers. For e-retailing, the company has developed their own website and have tie-ups with e-commerce platforms in India and for the international market. The company has the biggest dedicated manufacturing unit with a production space of more than 5,00,000 sq. feet, for writing boards and display boards in India.
Read More- Promoter(s)
Samir Narendra Shah
Akshay Narendra Shah
Pre Issue Share Holding : 100%
Post Issue Share Holding : 50.41%
IPO - Issue Objectives
Prepayment/repayment of certain secured borrowings availed by the company.
Funding working capital requirements; and
General corporate purposes.
IPO - FAQs
Ans. Alkosign Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Jan 18, 2022, and closes on Jan 21, 2022. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Alkosign Limited IPO opens on Jan 18, 2022 and closes on Jan 21, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Alkosign Limited IPO is 2,700,000 Eq Shares of ₹10(aggregating up to ₹12.15 Cr).
Ans. The Alkosign Limited IPO price band is set between ₹45 per equity share.
Ans. To apply for Alkosign Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Alkosign Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Alkosign Limited IPO is Jan 28, 2022.
Ans. The Alkosign Limited IPO will be listed on Feb 1, 2022.
Ans. Follow the steps to check the Alkosign Limited IPO allotment status online.
