Alkosign IPO Date, Review, Price, Form & Market Lot Details

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

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 2021 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 2021
IPO Close Date:	21 January 2022
Basis of Allotment:	27 January 2022
Refunds:	28 January 2022
Credit to Demat Account:	31 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