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Alkosign IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Electric Equipments sector. Shreni Shares is the merchant banker of Alkosign IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd December 2021.
Alkosign IPO open date is 18th January 2022 and close date is 21st January 2022. IPO Allotment Date is 27th January 2022 and Listing date is 1st February 2022.
IPO
Size:
₹ 12.15 Cr.
Avg IPO Size (Sector Based)
: ₹
33.54 cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
8.88
cr. 
PE
Ratio:
0.00x
Average Sector PE Ratio: 18.31x
Alkosign IPO size is ₹ 12.15 Cr. with IPO price of ₹ 45.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Alkosign IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Shreni Shares Private Limited for Alkosign IPO.
Alkosign IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Alkosign IPO, based in Mumbai, operates in the Electric Equipments sector with a focus on Manufacturing of electric equipment. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Alkosign IPO size is ₹ 12.15 Cr. with fresh issue size of ₹ 12.15 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Alkosign IPO is expected to be 27th January 2022, after the finalization of basis of allotment. Investors can check Alkosign IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Alkosign IPO refund dates are 28th January 2022.
Alkosign IPO is expected to be listed on 1st February 2022.
The upper price band for the Alkosign IPO is set at ₹ 45.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Alkosign IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Alkosign IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st January 2022. After submission, funds are blocked until the basis of allotment of Alkosign IPO is finalised.
The merchant banker for Alkosign IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Alkosign IPO RHP for further details.
The registrar for Alkosign IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Alkosign IPO through their official website or helpline.
Alkosign IPO was subscribed 4.76 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 12.15 Cr.
Avg IPO Size (Sector Based)
:
₹ 33.54 Cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 8.87 cr.
PE
Ratio:
0.00x
Average Sector PE Ratio: 18.31x
Alkosign IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Alkosign Financial Review Page
Merchant Banker(s) of Alkosign IPO: Shreni Shares Limited
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.
Alkosign IPO listed at a listing price of 45.25 against the offer price of 45.00.
The current market price of Alkosign is 96.50.
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