Alkosign IPO description – The company is engaged in manufacturing of visual presentation systems namely writing boards/display boards/notice boards of different types along with its associated accessories and stands used for these boards, school benches, desks and their accessories. It has several designs in product basket, which are marketed under various trademarks such as “Alkosign”, “Sit and Study”, “Brainee”, “Glassy-BO”, “Ultra- EX”, “Ultra”.
The company has established its presence across the country by supplying out its products in around 22 states and it 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.
Company Strengths:
1. Widespread sales and dealers’ network.
2. Quality Certifications.
3. Recognized products
4. E-retailing and online distribution network.
5. Customer-Centric business model
Promoters of Alkosign Limited – Samir Narendra Shah and Akshay Narendra Shah
Alkosign IPO Details
Subscription Dates | 18 – 21 January 2022 |
Price Band | INR 45 per share |
Fresh issue | 27,00,000 shares (INR 12.15 crore) |
Offer For Sale | NIL |
Total IPO size | 27,00,000 shares (INR 12.15 crore) |
Minimum bid (lot size) | 3,000 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | BSE SME |
Alkosign Limited’s Financial Performance
FY2021 | 8M FY2022 | |
Revenue | 1,327.76 | 591.87 |
Expenses | 1,236.28 | 649.14 |
Net income | 66.22 | (63.61) |
Alkosign Offer News
Alkosign Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR10.86
Price/Earnings (PE ratio): 4.15
Return on Net Worth (RONW): 98.51%
Net Asset Value (NAV): INR11.02 per share
Alkosign IPO GMP Daily Trend
Alkosign IPO Subscription – Live Updates
Category | Non-retail | Retail | Total |
Shares Offered | 13,50,000 | 13,50,000 | 27,00,000 |
Day 1 | 1.81 | 0.43 | 1.12 |
Day 2 | 1.92 | 3.71 | 2.82 |
Day 3 | 2.05 | 4.55 | 3.30 |
Day 4 | 2.98 | 6.06 | 4.52 |
Alkosign Public Offer Registrar
Skyline Financial Services Private Limited
D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi 110 020, India.
Phone: 011 40450193
Fax: 011 26812682
Email: [email protected]
Website: www.skylinerta.com
Alkosign Contact Details
Alkosign Limited
S NO: 12A, MIDC,
NR Mother Dairy, Saravli,
Bhiwandi, Thane 421 311,
Maharashtra
Phone: +91-7391040250/53/54
Email: [email protected]
Website: https://alkosign.com
Alkosign Offer Allotment Status
Alkosign IPO allotment is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Alkosign Public Offer Timetable
IPO Opening Date | 18 January 2022 |
IPO Closing Date | 21 January 2022 |
Finalisation of Basis of Allotment | 27 January 2022 |
Initiation of refunds | 28 January 2022 |
Transfer of shares to demat accounts | 28 January 2022 |
Listing Date | 1 February 2022 |
Opening Price on BSE | INR45.25 per share (up 0.56% from IPO price) |
Closing Price on BSE | INR45.25 per share (up 0.56% from IPO price) |
Alkosign IPO FAQs
What are investors portions in Alkosign public offer?
Retail investors are entitled to get 50% of the shares while the other 50% shares are reserved for individual applicants other than retail investors and corporate bodies or institutions.
How to Apply in Alkosign Limited IPO?
The best way to apply in Alkosign IPO is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Alkosign IPO size?
Alkosign offer size is INR 12.15 crore.
What is Alkosign IPO Price Band?
Alkosign IPO Price is INR45 per share.
What is the lot size of Alkosign IPO?
Alkosign offer lot size and the minimum order is 3,000 shares.
What is Alkosign IPO GMP today?
Alkosign IPO GMP today is NA per share.
What is Alkosign IPO kostak rate today?
Alkosign IPO kostak rate today is NA per application.
What is Alkosign Subject to Sauda rate today?
Alkosign Subject to Sauda rate today is NA per application.