Alkosign Limited SME IPO to open on January 18 and will close on January 21, 2022. They are one of the biggest dedicated manufacturing units for writing boards and display boards in India. The company is registered as MSME with GEM – Government E-Marketplace. They are a manufacturer 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 and desks, and their accessories. Their manufacturing facility is situated in Mumbai. They are selling their products under trademarks like “Alkosign”, “Sit and Study”, “Brainee”, “Glassy-BO”, “Ultra- EX”, “Ultra”. The company supplies its products in over 20 cities in India and planning to sell in the International market as well. They are selling their products via their dealers and online on their website. They tied up with e-commerce platforms in India and for the international market as well.
The IPO price band is fixed at ₹45 with a market lot of 3000 shares. Alkosign is a BSE SME IPO and they are going to raise ₹12.15 crores via SME IPO. Check out Alkosign IPO date, price band, and market lot details.
Alkosign IPO Review
- Risky
Alkosign IPO Date & Price Band
| IPO Open: | 18 January 2022 |
| IPO Close: | 21 January 2022 |
| IPO Size: | Approx ₹12.15 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹45 Per Equity Share |
| Listing on: | BSE SME |
| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Alkosign IPO Market Lot
The Alkosign IPO minimum market lot is 3000 shares with ₹135,000 application amount.
| IPO Lot Size: | Minimum 3000 Shares for 1 lot |
| Minimum Amount: | ₹135,000 for 1 lot |
Alkosign IPO Time Table, Allotment & Listing
The Alkosign IPO date is 28 January 2022 and the IPO close date is 21 January 2022. The allotment date is 10 January 2022 and the IPO may list on 13 January 2022.
| IPO Open Date: | 18 January 2022 |
| IPO Close Date: | 21 January 2022 |
| Basis of Allotment: | 27 January 2022 |
| Refunds: | 28 January 2022 |
| Credit to Demat Account: | 28 January 2022 |
| IPO Listing Date: | 01 February 2022 |
Alkosign IPO Form
How to apply the Alkosign IPO? You can apply Alkosign IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Alkosign IPO in the Invest section. The other option you can apply Alkosign IPO via IPO forms download via BSE website. Check out the Alkosign forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Alkosign Company Financial Report
| ₹ in Crores | |||||
| Revenue | Expense | PAT | |||
| 2019 | ₹- | ₹- | ₹- | ||
| 2020 | ₹- | ₹- | ₹- | ||
| 2021 | ₹13.28 | ₹12.36 | ₹0.66 | ||
| 2022 – 3M | ₹2.04 | ₹1.63 | ₹0.30 | ||
Company Promoters
- Samir Narendra Shah
- Akshay Narendra Shah
Alkosign IPO Registrar
Skyline Financial Services Private Ltd
Phone: +91 – 11 – 2681
Email: compliances@skylinerta.com
Website: http://www.skylinerta.com
Note: Check Alkosign IPO allotment status on Skyline website allotment URL. Click Here
Alkosign IPO Lead Managers
- Shreni Shares Private Limited
Company Address
Alkosign Limited
S NO : 12A, MIDC, NR Mother Dairy, Saravli,
Bhiwandi
Thane 421 311, Maharashtra, India
Phone: +91-7391040250
Email: investor@alkosign.com
Website: https://alkosign.com/
Alkosign IPO FAQs
What is Alkosign IPO?
Alkosign IPO is a BSE SME IPO. They are going to raise ₹12.15 Crores via IPO. The issue is priced at ₹45 per equity share. The IPO is to be listed on BSE.
When Alkosign IPO will open?
The IPO is to open on 18 January 2022 for NII, and Retail Investors.
What is Alkosign IPO Investors Portion?
The investors’ portion for NII 50%, and Retail 50%.
How to Apply the Alkosign IPO?
You can apply Alkosign IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Alkosign IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Alkosign Finance”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Alkosign IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Alkosign Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.
What is Alkosign IPO Size?
Alkosign IPO size is ₹12.15 crores.
What is Alkosign IPO Price Band?
Alkosign IPO Price Band is ₹45 per equity share.
What is Alkosign IPO Minimum and Maximum Lot Size?
The IPO bid is 3000 shares with ₹135,000.
What is Alkosign IPO Allotment Date?
Alkosign IPO allotment date is 27 January 2022.
What is Alkosign IPO Listing Date?
Alkosign IPO listing date is 01 February 2022. The IPO to list on BSE SME.
Note: The Alkosign IPO details are announced officially. The IPO grey market premium (Alkosign IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
