About the Company:
Alkosign Ltd 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.
Company’s manufacturing facility is well equipped with required facilities including machinery, other handling equipments to facilitate smooth manufacturing process and easy logistics.
Company has several designs in the product basket, which are marketed under various trademarks such as “Alkosign”, “Sit and Study”, “Brainee”, “Glassy-BO”, “Ultra- EX”, “Ultra”.
Company has around 50 registered dealers and also supply the products to various educational institutions directly on purchase order basis.
Company’s ability to meet stringent quality and technical specifications, introduce designs to meet evolving customer preferences and state-of-the-art manufacturing facilities, upgrade in-house processes to increase efficiencies have enabled us to establish our brand in the industry.
New Product Innovation:
Company focuses on research and developing new products which are innovative and in line with the trends. Company has introduced a new product, Glass White Boards, under the brand name, “Glassy-BO”. Some of the key features of this product include: 1) Compatible with any marker pen 2) Wipes away easily without staining or
ghosting. 3) Lasts as much as life span of the wall.
Distribution Network:
Company has established presence across the country by supplying out products in around 22 states. Company is also moving ahead towards establishing company’s presence in the international market and have supplied products in Saudi Arabia during the financial year 2020-21.
E-retailing of company’s products:
For e-retailing the products, company has developed own website https://alkosign.com/and also have tie-ups with e-commerce platforms.
Company has also tied up with international e-commerce platform for export of company’s products.
E-retailing has enabled company to reach wide number of consumers at reduced costs, enhanced the brand visibility and made Alkosign Ltd a known name in the market.
Management Team:
- Mr. Samir Narendra Shah (Designation: Chairman and Managing Director)
- Mr. Akshay Narendra Shah (Designation: Executive Director)
Objectives of the Issue:
Fresh Issue: (Rs.12.15 cr)
- Prepayment/repayment of certain secured borrowings availed by the Company.
- Funding working capital requirements.
- General corporate purposes.
Peer Group Comparison:
We believe that there are no listed Companies in India which are engaged in manufacturing of white boards and its components. Further there are no listed entities which are focused exclusively on the segment in which Alkosign Ltd operates.
Financials of the Company:
| (in Crores) | FY 21 | 30th Nov 21 |
|---|---|---|
| Revenue | 13.27 | 5.91 |
| Net Profit | 0.66 | (-0.63) |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 18th January 2022 |
| Issue Closes on:. | 21st January 2022 |
| Issue Price | Rs.45 |
| Face Value | Rs.10 |
| Minimum Lot | 2000 |
| Minimum Investment | Rs.1,35,000 |
| Issue Constitutes | 49.59% |
| Issue Size | Rs.12.15 cr |
| Market Cap | Rs.24.50 cr |
| Listing at | BSE SME |
| Equity Shares Offered (Fresh) | 27,00,000 |
| Equity Shares Prior to the Issue | 27,45,000 |
| Equity Shares after the issue | 54,45,000 |
Also Read : List of Upcoming IPO’s in India.
Also Read : List of Upcoming IPO’s in India.
Important Dates:
| Finalization of Basis of Allotment | on or Before 27th January 2022 |
| Initiation of Refunds | on or Before 28th January 2022 |
| Credit of Equity Shares: | on or Before 28th January 2022 |
| Listing Date: | on or Before 1st February 2022 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 10.86 | 4.15 | 98.51% | 11.02 |
| Company Contact Info: |
|---|
| Alkosign Ltd S NO:12A, MIDC, Nr Mother Dairy, Saravli, Bhiwandi, Thane- 421311, Maharashtra, India Tel No:7391040250/53/54 Email: investor@alkosign.com Website: https://alkosign.com/ |
| IPO Registrar Info: |
|---|
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED D-153 A, First Floor Okhla Industrial Area, Phase India. Telephone: 011-40450193-97 Investor e-mail: grievances@skylinerta.com Website: www.skylinerta.com |
| Lead Manager to the Issue: |
|---|
| SHRENI SHARES PRIVATE LIMITED Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A, Survey No. A-12, Ram Nagar, Borivali (West), Maharashtra, India Telephone: +91-22-2808 8456 E-mail: shrenishares@gmail.com Investors Grievance e-mail: info@shreni.in Website: www.shreni.in |
