Alkosign Limited IPO
BSE SME₹135,000 / 3000 Shares
Alkosign Limited IPO Details
The Alkosign Limited IPO price band is set between ₹45 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 18 Jan, 2022 and closes on 21 Jan, 2022. Investors can check the allotment status on 28 Jan, 2022, while the listing date is tentatively scheduled for 1 Feb, 2022.
The total issue size is 2,700,000 Eq Shares of ₹10, aggregating up to ₹12.15 Cr. Stay tuned for the latest Alkosign Limited IPO review and GMP updates.
Alkosign Limited IPO Review, Rating & Analysis
Alkosign Limited IPO Review
NO REVIEWAlkosign Limited IPO Rating
Alkosign Limited IPO Highlights
IPO Date
Jan 18, 2022 - Jan 21, 2022
Listing Date
1 Feb, 2022
Face Value
₹10 Per Equity Share
Price Band
₹45 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Alkosign Limited IPO Lot Size
The minimum market lot for Alkosign Limited IPO is 3000 shares with an application amount of ₹1,35,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,35,000 |
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,70,000 |
| S-HNI (Max) | 7 | 21000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 24000 | ₹10,80,000 |
Alkosign Limited IPO Timeline
Issue Price
₹45 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
SHRENI SHARES PRIVATE LIMITEDIssue Size
2,700,000 Eq Shares of ₹10(aggregating up to ₹12.15 Cr)Alkosign Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 21 | 23.39 | 2.03 | 0.29 | - | - | - |
| 31 Mar 21 | 23.66 | 13.27 | 0.66 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Samir Narendra Shah
- Akshay Narendra Shah
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 50.41% |
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.
Alkosign Limited IPO Subscription 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 |
Frequently Asked Questions about Alkosign Limited IPO IPO
When will Alkosign Limited IPO open for subscription?
The Alkosign Limited IPO opens on 18 Jan, 2022 and closes on 21 Jan, 2022.
What is the investors portion for Alkosign Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1281000.
How to apply for Alkosign Limited IPO?
You can apply for Alkosign Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Alkosign Limited IPO?
The issue size of Alkosign Limited IPO is approx ₹2,700,000 Eq Shares of ₹10(aggregating up to ₹12.15 Cr) crores.
What is the price band of Alkosign Limited IPO?
The price band for Alkosign Limited IPO is ₹45 per equity share to ₹undefined.
What is the lot size of Alkosign Limited IPO?
The minimum bid (lot size) for Alkosign Limited IPO is N/A shares with an investment of approx ₹135,000 .
What is the allotment date of Alkosign Limited IPO?
The allotment date for Alkosign Limited IPO is 28 Jan, 2022.
What is the listing date of Alkosign Limited IPO?
The listing date for Alkosign Limited IPO is expected to be 1 Feb, 2022.
What is the GMP of Alkosign Limited IPO?
The latest Grey Market Premium (GMP) for Alkosign Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.