Alphalogic Techsys Ltd

About the Company:

Alphalogic Techsys Ltd provides clients with Technology Consulting services, offering end-to-end technology solutions and support.

Company provides a wide range of services, including, Web Application Development, Mobile Application Development, UI/UX Consulting, Business Intelligence and Data Analytics services.

Company’s clients range from start-ups to established companies, engaged in Healthcare, Saas Software, E-commerce, Fintech, Social Networking, and other industries.

Company had commenced operations from Pune, India, and have serviced clients in multiple geographies viz. United States of America, United Kingdom, Australia.

Company’s business operations may broadly be categorized as technology services, and technology solutions.


Company’s Products:

Alphalogic helps it’s clients with automating their business processes. Alphalogic’ BPA suite helps businesses automate, monitor and optimize business processes for better outcomes.

Business process management Software (BPMS) is a software in which people use various methods to discover, model, analyze, measure, improve, optimize, and automate business processes. BPMS focuses on improving organization’s performance by managing business processes.


Major Services offered by the Company:

  • Digital Product Strategy & Consulting.
  • Application Development.
  • Mobile App Development.
  • UI/UX Consulting.
  • Data Analytics & Business Intelligence.
  • Cloud Computing.


Management Team:

  1. Mr. Anshu Goel (Designation: Managing Director)
  2. Mr. Dhananjay Subhash Goel (Designation: Executive Director)


Objectives of the Issue:

  • To meet the working capital requirements of the company.
  • To meet the Issue Expenses.
  • General Corporate Purposes.


Financials of the Company:

(in Crores) FY 17 FY 18 FY 19
Revenue 1.90 2.21 5.10
Net Profit 0.45 0.47 3.08


Peer Group Companies:

Fund Utilisation:

Particulars Amount (Rs. in Crores)
Working Capital requirements 6.25
General Corporate Expenses 1.0
Issue related expenses 0.47
Net Proceeds Rs. 7.72 cr


IPO Details:

Details Info
Issue Opens on 26th August 2019
Issue Closes on:. 28th August 2019
Issue Price Rs.84
Face Value Rs.10
Minimum Lot 1600 Shares
Minimum Investment Rs.1,34,000
Issue Constitutes 27.66%
Issue Size Rs.7.72 cr
Market Cap Rs.27.92 cr
Listing at STARTUPS Platform of BSE
Equity Shares Offered (Fresh) 7,80,000
Equity Shares Prior to the Issue 20,39,970
Equity Shares after the Issue 28,19,970


Important Dates:

Finalization of Basis of Allotment on or Before 30th August 2019
Initiation of Refunds on or Before 3rd September 2019
Credit of Equity Shares: on or Before 4th September 2019
Listing Date: on or Before 5th September 2019


Company Contact Info:
405, Pride Icon, Near Columbia Asia Hospital,
Kharadi Bypass Road, Pune, Maharashtra-411014, India.
Ph.: 0727 – 6701155


IPO Registrar Info:
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Facsimile: +91-44-28460129


Lead Manager to the Issue:
Anandlok”, Block-A, 2nd Floor,
Room No. 207, 227 A.J.C Bose Road,
Kolkata-700020, West Bengal
Telephone: +91 – 33 – 22895101