Ascensive Educare Limited IPO

BSE SME

Listed On: Jan 12, 2022 at ₹ 27.6

₹ 104000 /4000 Shares

Check Allotment

IPO Details

30 Dec, 2021

Open Date

04 Jan, 2022

Close Date

07 Jan, 2022

Allotment Date

12 Jan, 2022

Listing Date

Issue Price

₹26 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Link Intime India Private Ltd

List Price

27.6

Listing Date

2022-01-12

Market Lot

4000 Shares (₹104,000/-)

Lead Manager

GYR Capital Advisors Limited

Issue Size

868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr)

#Fresh Issue: 868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr)

Retail Portion

N/A

Subscription

2.67 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	4,12,000	4,12,000	8,24,000
Day 1 - 30-12-21 06:00 PM	0.71 x	0.52 x	0.62 x
Day 2 - 31-12-21 06:00 PM	0.71 x	1.11 x	0.91 x
Day 3 - 03-01-22 6:00 PM	1.12 x	2.31 x	1.71 x
Day 4 - 04-01-22 6:00 PM	1.24 x	4.11 x	2.67 x

Valuations

Earnings Per Share (EPS)

₹1.37/-

P/E Ratio

18.94

RoNW

15.09%

Net Asset Value (NAV) - Post Issue

₹16.47/-

Company Financials All values are in ₹ Cr.

	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Assets	13.97	12.34	10.64	8.22
Revenue	3.21	10.27	9.61	9.18
Profit After Tax	0.1	0.44	0.43	0.28

About The Company

Ascensive Educare is a skill development company offering vocational training, and educational consulting in collaboration with Central Government, State Governments, and various Industries and Industry Associations. The company provides the platform for the skill developments at the grass-roots level to skill and re-skill the workforce of India.

The company is NSDC accredited with NSFQ compliant course curriculum. The training courses are provided by experienced trainers certified by the Sector Skills Council. The company has trained more than 50,000+ trainees under various hardware, networking and management programs in Kolkata. Apart from providing national vocational qualifications, the company also delivers short courses, skill sets, and workshops to professionals and businesses.

- Promoter(s)

Pre Issue Share Holding: 100.00%

Post Issue Share Holding: 72.95%

Company Promoter(s)

Mr. Abhijit Chatterjee
Mrs. Sayani Chatterjee

IPO - Issue Objectives

Funding the working capital requirements of the company;
General corporate purposes

IPO - FAQs

Ans. Ascensive Educare Limited IPO is a SME IPO. The issue is priced at ₹26 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Dec 30, 2021, and closes on Jan 4, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Ascensive Educare Limited IPO opens on Dec 30, 2021 and closes on Jan 4, 2022.

Ans. The size of Ascensive Educare Limited IPO is 868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr) #Fresh Issue: 868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr).

Ans. The IPO price band is set between ₹26 per equity share.

Ans. To apply for Ascensive Educare Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Ascensive Educare 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 Ascensive Educare Limited IPO is Jan 7, 2022.

Ans. The Ascensive Educare Limited IPO will be listed on Jan 12, 2022.

Ans. Follow the steps to check the allotment status for Ascensive Educare Limited IPO here.