Accel Frontline Limited is an Information Technology - SaaS based company, located in Chennai, Accel Frontline Limited IPO size was 42.27 Cr. and was issued at 75.00 per share. The share of Accel Frontline Limited were listed at 70.70 per share and are currently trading at 78.76 per share.

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

Company Information

Object of Issue

• To fund their regional/global expansion and acquire or invest in strategic businesses
• To expand and improve their ESS and BPO infrastructure
• For working capital and general corporate purposes including sales and marleting, customer support, hiring and training key employees, improvement in their processes, methodologies and IPR, qulity certification and enhancing their operational infrastructure
• For partial repayment of borrowings and
• For meeting Issue expenses