Alphalogic Industries Secures Rs 1.17 Crore Order from Zepto for Storage Racking Systems
Alphalogic Industries Limited has won a Rs 1,17,74,459 order from Kiranakart Technologies Private Limited (Zepto) for storage racking systems. The contract covers design, manufacture, supply and installation services for facilities in Indore, Mumbai, and Gujarat, with execution scheduled within the current quarter. The domestic order involves no related party transactions and represents a significant business win in the expanding e-commerce infrastructure sector.
*this image is generated using AI for illustrative purposes only.
Alphalogic Industries Limited has secured a substantial order from Kiranakart Technologies Private Limited, popularly known as Zepto, for storage racking systems worth Rs 1.17 crore. The company disclosed this development through a regulatory filing under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Order Details and Scope
The contract encompasses comprehensive services including design, manufacture, supply and installation of Storage Racking System for Zepto's operations across multiple locations. The order covers facilities in three key cities: Indore in Madhya Pradesh, Mumbai in Maharashtra, and Hariyala in Gujarat.
| Parameter: | Details |
|---|---|
| Client: | Kiranakart Technologies Private Limited (Zepto) |
| Order Value: | Rs 1,17,74,459 (inclusive of GST) |
| Service Scope: | Design, manufacture, supply and installation |
| Product Type: | Storage Racking System |
| Execution Timeline: | Within current quarter |
Contract Specifications
The order represents a domestic contract with Zepto, reflecting the growing demand for warehouse infrastructure solutions in India's rapidly expanding e-commerce and quick commerce sectors. The total contract value of Rs 1,17,74,459 includes all applicable taxes and represents a significant business win for Alphalogic Industries.
Regulatory Compliance
As per SEBI disclosure requirements, the company confirmed that this order does not involve any related party transactions. The promoters and promoter group companies have no interest in Kiranakart Technologies Private Limited, ensuring the contract is conducted at arm's length.
| Compliance Aspect: | Status |
|---|---|
| Related Party Transaction: | No |
| Promoter Interest: | None |
| Contract Type: | Domestic |
| Arms Length Transaction: | Yes |
Execution Timeline
The company has committed to completing the entire project within the current quarter, demonstrating its operational efficiency and project management capabilities. The tight execution timeline reflects both the urgency of Zepto's expansion plans and Alphalogic Industries' confidence in delivering complex storage solutions across multiple locations simultaneously.
This order win strengthens Alphalogic Industries' position in the storage and warehousing solutions market, particularly in serving the growing quick commerce sector represented by clients like Zepto.
Historical Stock Returns for Alphalogic Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
Will Alphalogic Industries pursue additional contracts with other quick commerce players like Blinkit or Swiggy Instamart to capitalize on the sector's growth?
How might Zepto's continued expansion plans impact future order volumes for storage infrastructure providers like Alphalogic?
Could this successful execution lead to Alphalogic Industries expanding its manufacturing capacity to handle larger warehouse automation projects?
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