Alkosign IPO, Review, IPO Performance by IPOPlatform India

About Alkosign

Company Information

Alkosign has purchased the business of M/s Alkosign Display Systems vide Purchase of Business Agreement dated March 20, 2020 entered into between M/s Alkosign Display Systems and Alkosign Private Limited. Vide this agreement, it has been mutually decided between the parties that the business namely, the Brand (Trademark), the domain name, the Goodwill, the Machines as mentioned in the agreement and the stock namely finished goods, semi finished goods, raw materials used to manufacture these products is sold to their Company. Their manufacturing facility is well equipped with required facilities including machinery, other handling equipments to facilitate smooth manufacturing process and easy logistics. They endeavour to maintain safety in their premises by adhering to key safety norms

Object of Issue

Prepayment/repayment of certain secured borrowings availed by the company
Funding working capital requirements
General corporate purposes

Alkosign SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Feb, 2022

IPO Size :

12.15 Cr.

Market Cap :

24.50 Cr.

IPO Subscription :

4.76 X

PE Multiple :

0.00

Merchant Banker :
Shreni Shares Limited

IPO Registrar:
Skyline Financial Services Private Limited

Anchor Investors:

FAQs

1. What is Alkosign IPO?

Alkosign operates in Electric Equipments and . The Issue is listed on BSE SME in Feb, 2022. Alkosign IPO size was 12.15 Cr. with Issue price of 45.00 .

2. Who is the merchant banker of Alkosign IPO?

Merchant Banker(s) of Alkosign IPO: Shreni Shares Limited

3. How many times Alkosign IPO was subscribed?

Alkosign IPO subscription was 4.76 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Alkosign IPO?

Alkosign IPO listed at a listing price of 45.25 against the offer price of 45.00.

5. What is the current market price of Alkosign IPO?

The current market price of Alkosign is 129.15.