IPO IPO-Synopsis
Alkosign Ltd

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Registered Office: S No:12A MIDC NR Mother Dairy,Saravli Bhiwandi , Thane - 421311 , Maharashtra , India.
Phone : 91-7391040250/53/54   Fax:
Email :  investor@alkosign.com  
Website :  https://www.alkosign.com
Initial public offering of 27,00,000 equity shares of face value of Rs10 each ("Equity Shares") of Alkosign Limited ("Alkosign" or the "The Company" or the "Issuer") for cash at a price of Rs45 per equity share (including a premium of Rs35 per equity share) ("Issue Price") aggregating Rs12.15 crores (The "Issue") of which 1,38,000 equity shares aggregating to Rs0.62 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 25,62,000 equity shares of face value of Rs10 each at an issue price of Rs45 per equity share aggregating to Rs11.53 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 49.59% and 47.05% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs10.00 each and the issue price is 4.5 times of the face value. Minimum application size of 3000 equity shares and in multiples of 3000 equity share thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
18-Jan-22 21-Jan-22 Rs45.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 12.15
Shreni Shares Pvt Ltd
Project Financed through Current Offer 12.15  
Post Issue Equity Share Capital 5.45  
Issue Price Rs45.00  
Projects
Prepayment/repayment of certain secured borrowings availed by the companyGeneral corporate purposes
Funding working capital requirements
Promoted By
Samir Narendra Shah
Akshay Narendra Shah
Listing At
BSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt