IPO

AccelerateBS India Limited IPO

BSE SME

Listed On: Jul 19, 2023 at ₹ 109.5

₹ 144000 /1600 Shares

Check Allotment

AccelerateBS India Limited IPO Details

06 Jul, 2023

Open Date

11 Jul, 2023

Close Date

14 Jul, 2023

Allotment Date

19 Jul, 2023

Listing Date

Issue Price

₹90 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

109.5

Listing Date

2023-07-19

Market Lot

1600 Shares (₹144,000/-)

Lead Manager

Shreni Shares Private Limited

Issue Size

632,000 shares(aggregating up to ₹5.69 Cr)

Retail Portion

50%

Subscription

49.19 times

IPO Docs

DRHP RHP

AccelerateBS India Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved299,200299,200598,400
Day 1 - 06-07-23 06:00 PM2.11 x1.07 x1.59 x
Day 2 - 07-07-23 06:00 PM3.30 x4.57 x3.93 x
Day 3 - 10-07-23 06:00 PM5.62 x16.07 x10.85 x
Day 4 - 11-07-23 06:00 PM39.25 x59.11 x49.19 x

AccelerateBS India Limited Valuations

Earnings Per Share (EPS)

₹1.38/-

P/E Ratio

35.02

RoNW

12.77%

Net Asset Value (NAV) - Post Issue

₹N/A/-

AccelerateBS India Limited Company Financials All values are in ₹ Lakh

31-Jan-2331-Mar-2231-Mar-2131-Mar-20
Assets283.25200.65180.95125.10
Revenue164.92355.69451.92493.35
Profit After Tax26.2225.9142.5368.35

About The Company

AccelerateBS India Limited is a Digital Technology Services company. It offers many boutique technology services to both B2B and B2C companies worldwide.

The services of the company include:
Digital Technology Services
DXP (Digital Experience Platforms) Consulting and Implementation Services
Digital projects
Custom software development and consulting services
Delivering powerful
Scalable software systems

AccelerateBS India is a specialized entity, and it has built 100% in-house capabilities across DXP platforms like Optimizely, Crownpeak, Contentful, and Strapi, some of the industry-leading enterprise DXP platforms we specialize in.

Read More

AccelerateBS India Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 70.59%


Company Promoter(s)

  1. Mr. Keyur Dipakkumar Shah
  2. Mr. Kunal Arvind Shah

AccelerateBS India Limited IPO - Issue Objectives

  1. Long-Term Working Capital Requirements
  2. General corporate purposes.

AccelerateBS India Limited IPO - FAQs

Ans. AccelerateBS India Limited IPO is a SME IPO. The issue is priced at ₹90 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jul 6, 2023, and closes on Jul 11, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The AccelerateBS India Limited IPO opens on Jul 6, 2023 and closes on Jul 11, 2023.

Ans. The size of AccelerateBS India Limited IPO is 632,000 shares(aggregating up to ₹5.69 Cr).

Ans. The IPO price band is set between ₹90 per equity share.

Ans. To apply for AccelerateBS India Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find AccelerateBS India Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of AccelerateBS India Limited IPO is Jul 14, 2023.

Ans. The AccelerateBS India Limited IPO will be listed on Jul 19, 2023.

Ans. Follow the steps to check the allotment status for AccelerateBS India Limited IPO here.