Business

Startup IPO: Alphalogic Techsys Limited gets BSE nod for its IPO

Published

5 years ago

August 9, 2019

Alphalogic Techsys Limited gets in-principle approval from The Bombay Stock Exchange to open its IPO and list on the BSE Startup Platform.

Startups in India can raise funds through initial public offerings! This fact will be substantiated when Alphalogic Techsys Limited will come up with its IPO later this month. It is expected that Alphalogic will be the first startup to be listed on the BSE Startup Platform. BSE received IPO applications from two companies, since the launch of the platform in December 2018. Alphalogic received the BSE nod to open it’s IPO and list on the startup platform.

Alphalogic, a Pune based boutique software company, has been growing at a CAGR of 40% in the last 4 years. In FY 2018-19, the company clocked a stupendous growth rate of 120 per cent. The IPO is going to further fuel the growth rate and will play a pivotal role in the company’s future expansion.

Anshu Goel, Managing Director of Alphalogic, exalts about the company’s future plans, and states, “We have plans to expand our business in the European geography, and are planning to hire fresh talent to grow our team and business. We are focusing on the latest technologies, such as artificial intelligence, machine learning, cloud computing and so on. The capital raised through the market will enable us to expand globally and in a more productive manner.”

The company has its clientele in more than 12 countries around the world, and has already worked on some major projects for clients in US, UK and Australia. With a team of seasoned technocrats, the company is capable of delivering cutting-edge technological solutions for its clients.

When asked what made him to think about going the IPO way for funding, Anshu Goel opines, “IPO is testament of the company’s maturity and stability in terms of processes and business. It is a dream come true for a business to get listed on BSE. It’s more sensible to raise capital from the market than queuing up before VCs and institutional investors. When you raise funds through an IPO, you gain complete control of your business, which may not be the case when getting funds from a VC. Moreover, the BSE has created this wonderful platform for startups, like ours, and we must take advantage of it.”

Many startup consultants believe that the BSE will have a tough time ahead screening a lot many applications from prospective startups. Alphalogic has shown the way and startups will now dare to tread on it.

To know more about Alphalogic and its products and solutions, one may visit the website https://www.alphalogicinc.com/.

About Alphalogic Techsys Limited:

Alphalogic Techsys Limited is a boutique Software Consulting Firm that helps its clients with their digital transformation needs. Alphalogic’s motto is Making Software Simple. Alphalogic has its development centre in Pune, India but serves its customers globally. Alphalogic works with clients from early stage start-ups to established SMBs and Fortune 500s from over 12 countries.

Business

Private Listings by Harold X. Clarke: A New Approach to Fine Real Estate

Published

1 week ago

December 16, 2024

Matthew Wiles

Photo credit: Private Listings by Harold X. Clarke.

Byline: Andi Stark

Private Listings by Harold X. Clarke, a real estate platform operating across Hawaii, is rewriting how properties are bought and sold in the region. Unlike larger firms reliant on public listings and mass marketing, Private Listings’ strategy prioritizes personalization, privacy, and meticulous curation of ultra-high-end, off-market properties, including oceanfront estates, gated community residences, and architectural masterpieces.

Harold Clarke, founder of Private Listings, describes their method as one that rejects “cookie-cutter solutions in favor of understanding the nuances of both buyers and sellers.” This approach has resonated with ultra-high-net-worth individuals (UHNWIs) seeking refined and discreet real estate transactions.

The Hawaiian real estate market remains a hub for global investors, with the median price for a single-family home in the state reaching $900,000 in 2024, according to the Hawaii Association of Realtors. Within this competitive landscape, Private Listings is building up to be a trusted name for properties that extend beyond luxury into generational investments.

Challenging the Industry Norms

Private Listings deliberately avoids the conventions of large-scale real estate firms. By focusing on fewer, higher-value properties, the company ensures that each transaction is treated with the same level of care and confidentiality.

Public listing platforms, while effective for broader markets, often expose sellers to unnecessary attention or unqualified inquiries. For Clarke, this model is misaligned with the needs of UHNWIs. “Privacy isn’t a luxury for our clients—it’s a necessity,” Clarke explains.

This philosophy has led Private Listings to handle some of Hawaii’s most significant real estate transactions, including off-market properties valued at over $40 million. Its success is not measured by the volume of listings but by the depth of trust built with clients, many of whom return for subsequent transactions.

Adapting to Changing Client Demands

While Private Listings maintains a foundation of traditional practices, the firm also recognizes the evolving needs of its clientele. The global real estate market is increasingly influenced by concerns over digital security, with a 15% rise in data breaches targeting high-net-worth individuals in the past three years, according to cybersecurity firm NortonLifeLock.

To address these risks, Private Listings employs rigorous screening for potential buyers and uses secure platforms for communication and transactions. The firm’s “by invitation only” model ensures that clients remain protected from the pitfalls of public exposure. Clarke notes, “Our goal is not just to sell homes but to create an environment where clients feel safe and confident during every step of the process.”

The Human Element in Real Estate Transactions

Despite advancements in technology, Private Listings firmly believes that real estate transactions cannot be reduced to algorithms or automation. Unlike firms that depend heavily on online data aggregation, Private Listings emphasizes human connection and insight.

The company’s sales strategy integrates personalized client interactions, in-depth market analysis, and years of experience navigating Hawaii’s unique real estate ecosystem. Clarke’s background in managing family assets and his global perspective is significant in shaping this essence.

Future Directions for Private Listings by Harold X. Clarke

As Hawaii continues to attract global attention, Private Listings aims to expand its influence within the state while maintaining its core principles. The company is currently developing a new platform to streamline services for UHNWIs, blending their demand for discretion with seamless access to Hawaii’s finest off-market properties.

Additionally, Private Listings is strengthening its ties with local communities, recognizing that sustainable growth benefits both the company and the islands’ ecosystems.

Private Listings by Harold X. Clarke has set itself apart in Hawaii’s real estate scene by moving away from the typical mass-market approach. Through a mix of traditional values and modern sensibilities, the firm continues to define what it means to transact ultra-high-value properties with integrity and care.