Alkosign Limited IPO
BSE SMEListed On: Feb 1, 2022 at ₹ 45.25
₹ 135000 /3000 Shares
Check AllotmentIPO Details
18 Jan, 2022
Open Date21 Jan, 2022
Close Date28 Jan, 2022
Allotment Date01 Feb, 2022
Listing DateIssue Price
₹45 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdList Price
45.25Listing Date
2022-02-01Market Lot
3000 Shares (₹135,000/-)Lead Manager
SHRENI SHARES PRIVATE LIMITEDIssue Size
2,700,000 Eq Shares of ₹10(aggregating up to ₹12.15 Cr)Retail Portion
N/ASubscription
4.76 timesIPO 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 |
Valuations
Earnings Per Share (EPS)
₹1.22/-P/E Ratio
37.01RoNW
98.51%Net Asset Value (NAV) - Post Issue
₹24.41/-Company Financials All values are in ₹ Cr.
| 30-Jun-21 | 31-Mar-21 | |
|---|---|---|
| Assets | 23.39 | 23.66 |
| Revenue | 2.03 | 13.27 |
| Profit After Tax | 0.29 | 0.66 |
About The 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)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 50.41%
Company Promoter(s)
- Samir Narendra Shah
- Akshay Narendra Shah
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. The size of Alkosign Limited IPO is 2,700,000 Eq Shares of ₹10(aggregating up to ₹12.15 Cr).
Ans. The IPO price band is set between ₹45 per equity share.
Ans. To apply for Alkosign Limited IPO 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 allotment status for Alkosign Limited IPO here.
