• Alphalogic became one of the first two companies whose IPO application was accepted by The Bombay Stock Exchange (BSE) for its BSE Startups Platform
Pune, Maharashtra, India – July 5, 2019 – The BSE Startups Platform was started in 2018 with an aim to encourage new-age entrepreneurs to list their companies on BSE, which is India’s prominent stock exchange. This platform endeavors to strengthen the startup eco-system in the country, and Alphalogic Techsys Limited became one of the first two companies to qualify for listing on this platform.
Recently, Alphalogic submitted its Draft Red Herring Prospectus to the BSE. The company’s DRHP was unveiled in a formal ceremony during the SME summit, which was organized by the BSE on the occasion of the World SME Day to commemorate the 300th listing on the Exchange. Hon. Finance Minister of Maharashtra, Mr. Sudhir Mungantiwar unveiled the DRHP along with Hon. Employment Minister of the state, Mr. Jayakumar Rawal. Mr. Anshu Goel, Managing Director of Alphalogic and Mr. Dhananjay Goel, Director of the company were also present on the occasion along with other high profile dignitaries.
According to Anshu Goel, “The IPO of Alphalogic could prove extremely important in funding our expansion plan, and growing our business.” Alphalogic is a Software Solutions Company that delivers new-age solutions to its clients to help overcome business challenges and achieve their growth in this fast-changing digital world. The company has its development center in Pune, India, while its sales office is located in Arlington, USA. With a vast clientele in India and overseas, Alphalogic sees the opportunity of getting listed to the Bombay Stock Echange a noteworthy milestone that can skyrocket their saga of growth.
Once approved, the IPO is expected to roll out in August 2019. To know more about Alphalogic and the types of solutions they develop, one can visit their website https://www.alphalogicinc.com/.
ABOUT ALPHALOGIC TECHSYS LIMITED
Alphalogic Techsys Limited is a Software Solutions Company with its development center in Pune. Alphalogic helps its clients with their digital transformation needs. The company provides a range of services including Product re-engineering, Prototyping, Mobile Application development, SAAS software development, Data Analytics & BI, Artificial Intelligence, etc. Alphalogic’s clients range from early stage startups to Fortune 500 companies.
Alphalogic was established in April 2016 and since then growing at a fast pace. Though, Alphalogic commenced its operations 3 years ago, the founders of the Company have been running the business in the same space for more than 10 years. The collective experience of the founders in the Information Technology space is of more than 2 decades and which is helping the company to grow by leaps and bounds.