Alkosign Limited IPO

Alkosign Limited IPO Review

Alkosign Limited manufactures visual presentation systems such as writing boards, display boards, and notice boards of various varieties, as well as the accessories that go with them. The firm also makes stands for these boards, as well as school seats and desks and other accessories. The firm distributes its products under a variety of brand names, including Alkosign, Sit and Study, Brainee, Glassy-BO, Ultra-EX, and Ultra.

The firm sells its products in about 22 states and is working to build a foothold in the worldwide market. There are around 50 registered dealers with the firm. For e-commerce, the firm has created its own website and has partnerships with e-commerce platforms in India and throughout the world. The firm boasts the largest dedicated manufacturing plant, with over 500,000 square feet of production area, for writing boards and display boards in India.

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

 

FY2021

8M FY2022

Revenue

1,327.76

591.87

Expenses

1,236.28

649.14

Net income

66.22

(63.61)

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

Listing Performance of Alkosign Limited IPO

Listed On : Feb 1, 2022

Issue Price : INR 45

Listing Date Close : NA

Listing Day Gain : NA

NSE : NA

ISIN CODE :  INE0KA601012

BSE : NA

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

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

Coming soon

Closing Price on BSE

Coming soon

Alkosign Limited

S NO: 12A, MIDC,

NR Mother Dairy, Saravli,

Bhiwandi, Thane 421 311,

Maharashtra

Phone: +91-7391040250/53/54

Email: investor@alkosign.com

Website: https://alkosign.com

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: compliances@skylinerta.com

Website: www.skylinerta.com

Alkosign Limited IPO FAQ's

The Alkosign Limited IPO is a BSE SME IPO of ₹45 per equity share with a face value of 10 per equity share.
The issue size is priced at [.] equity shares of ₹10 (aggregating up to ₹2,700,000 Crore). The fresh issue size priced at [.] equity shares of ₹10( aggregating up to ₹2,700,000 Crore).
The initial public offering (IPO) begins on Jan 19, 2022 and ends on Jan 21, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Alkosign Limited IPO opens on Jan 18, 2022 and closes on Jan 21, 2022. The IPO Issue date may list on Feb1, 2022.

Alkosign Limited IPO Market lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

The finalisation of Basis of Allotment for Alkosign Limited IPO will be done on Jan 27, 2022. and the allotted shares will be credited to your demat account by Jan 28, 2022. Check the Alkosign Limited IPO status.

The Alkosign Limited IPO listing date is on Feb 1, 2022.

Alkosign Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Alkosign Limited IPO Comments