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AccelerateBS India IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Information Technology - Data Solutions sector. Shreni Shares is the merchant banker of AccelerateBS India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 2nd June 2023.
AccelerateBS India IPO open date is 6th July 2023 and close date is 11th July 2023. IPO Allotment Date is 17th July 2023 and Listing date is 19th July 2023.AccelerateBS India IPO size is Rs 5.69 Cr. crores with IPO price of Rs 90.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the AccelerateBS India IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Limited for AccelerateBS India IPO.
AccelerateBS India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
AccelerateBS India IPO, based in Mumbai, operates in the Information Technology - Data Solutions sector with a focus on dig projects soft dev. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. AccelerateBS India IPO size is ₹ 5.69 Cr. Crores with fresh issue size of Rs 5.69 Cr. Crores and Offer for sale being 5.69..
The IPO allotment date for AccelerateBS India IPO is expected to be 17th July 2023, after the finalization of basis of allotment. Investors can check AccelerateBS India IPO allotment status on the registrars website, Bigshare Services Private Limited. AccelerateBS India IPO refund dates are 18th July 2023.
AccelerateBS India IPO is expected to be listed on 19th July 2023.
The upper price band for the AccelerateBS India IPO is set at ₹ 90.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on AccelerateBS India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the AccelerateBS India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th July 2023. After submission, funds are blocked until the basis of allotment of AccelerateBS India IPO is finalised.
The merchant banker for AccelerateBS India IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the AccelerateBS India IPO RHP for further details.
The registrar for AccelerateBS India IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to AccelerateBS India IPO through their official website or helpline.
AccelerateBS India IPO was subscribed 49.19 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 5.69 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.76 Cr.
Sector: Information Technology - Data Solutions
SME IPO so far:
48
Merchant Banker:
Shreni Shares
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 1.92 cr.
PE
Ratio:
27.27x
Average Sector PE Ratio: 18.61x
AccelerateBS India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on AccelerateBS India Financial Review Page
Merchant Banker(s) of AccelerateBS India IPO: Shreni Shares Limited
AccelerateBS India IPO subscription was 49.19 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
AccelerateBS India IPO listed at a listing price of 114.97 against the offer price of 90.00.
The current market price of AccelerateBS India is 116.90.
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