Company Highlights
Alkosign Limited-(SME IPO)
About the Company
Alkosign Limited is engaged in the manufacturing of visual presentation systems
namely writing boards/display boards/notice boards of different types along with
its associated accessories. The company also manufactures stands used for these
boards, school benches and desks, and other accessories. The company sells its products
under various trademarks such as "Alkosign", "Sit and Study", "Brainee", "Glassy-BO",
"Ultra- EX", "Ultra". The company supplies products in around 22 states and is also
moving ahead towards establishing its presence in the international market. The
company has around 50 registered dealers. For e-retailing, the company has developed
their own website and have tie-ups with e-commerce platforms in India and for the
international market. The company has the biggest dedicated manufacturing unit with
a production space of more than 5,00,000 sq. feet, for writing boards and display
boards in India.
Objective of the Issue
(i) Prepayment/repayment of certain secured borrowings availed by the company.
(ii) Funding working capital requirements.
(iii) General corporate purposes .
Business Strategy
(i) Expand our dealer network in existing markets..
(ii) Continue to improve operations.
(iii) Continue to improve operating efficiencies through technology enhancements.
Company Promoters
Samir Narendra Shah and Akshay Narendra Shah are the company promoters.