Pune | Alphalogic Techsys Ltd increases the authorized capital from Rs 3 crores to Rs 10.4 crores
npnews24 – Pune-based boutique software consulting company Alphalogic Techsys has successfully expanded its reach in a very short period of time. The Board of Directors of the Company has approved to increase the authorized capital of the Company from Rs.3 crore to Rs.10.4 crore as of June 28, 2021.
Alphalogic Techsys Ltd. is a boutique software consulting company that assists its clients with their digital transformation needs. The goal of the company is ‘Making Software Simple’. The company serves its customers in more than 12 countries by working with clients from early-stage startups to established small & midsize businesses (SMBs), and Fortune 500 companies.
The core operation areas of the company are healthcare and fintech. Alphalogic Techsys Limited provides services such as product engineering, mobility, artificial intelligence, and cloud computing to its clients.
The company has worked on several major projects in the US healthcare sector. With a team of experienced technicians, the company provides advanced technical support to its clients.
In August 2019, Alphalogic Techsys Limited came up with its Initial Public Offering and became the first startup to list on the BSE Startup Platform. So far, the company’s shares listed on BSE have given 70% returns to its shareholders in the last 6 months. The company has also announced a bonus issue to reward its shareholders in the ratio of 27:10. 27 bonus shares for every 10 shares held.
Anshu Goyal, Managing Director, Alphalogic Techsys said, “It is a big success for us to take the authorized capital of Alphalogic Techsys Ltd from 30 million to 10.4 crore. While the company has grown rapidly in business in India and abroad, we have successfully listed AlphaLogic on the BSE Startup Platform, and are really happy to take the company to the next level. Our aim is to expand our horizons by creating new customers along with raising capital.”
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