Acceleratebs India IPO subscription is to open on Jul 06, 2023 and will close on Jul 11, 2023, the price band of the Acceleratebs India IPO is fixed at ₹ 90. Acceleratebs India is a Digital Technology Services company offering multitude of boutique technology services to both B2B and B2C companies around the world.
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About Acceleratebs India
Acceleratebs India is a Digital Technology Services company offering multitude of boutique technology services to both B2B and B2C companies around the world. The services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, delivering powerful and scalable software systems.
The company built 100% inhouse capabilities across DXP platforms like Crownpeak, Optimizely, Contentful and Strapi are the some of the industry leading enterprise DXP platforms that we specialize in. Acceleratebs India has full-spectrum capabilities across these platforms and this includes Front-end, Middleware, Backend, DXP layers as well as custom integrations with products like Salesforce, Marketo, Brightcove, Adobe Omniture, SAP Commerce etc. Acceleratebs India has full stack Microsoft and Node based capabilities and are engaged in doing new age decoupled builds with API first and microservices based architectures.
Objects of the Issue
- Long-Term Working Capital Requirements; and
- General corporate purposes.
Acceleratebs India Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 200.65 | 180.95 | 125.10 |
| Total income | 355.69 | 451.92 | 493.35 |
| Total Expenses | 317.69 | 390.03 | 394.70 |
| Profit After Tax | 25.91 | 42.53 | 68.35 |
Acceleratebs India IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 6,32,000 Equity Shares of ₹10 (aggregating up to ₹ 568.80 lakh) |
| Issue Open Date | 06-Jul-23 |
| Issue Close Date | 11-Jul-23 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 90 |
| Face Value | ₹ 10 |
| Market Lot | 1600 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1600 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | ACCELERATE |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Acceleratebs India IPO DRHP & RHP
Acceleratebs India IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1600 | 144,000 |
| Maximum | 1 | 1600 | 144,000 |
Acceleratebs India IPO Lead Managers
- Shreni Shares Private Ltd
Acceleratebs India IPO Registrar
- Bigshare Services Private Limited
Acceleratebs India IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 06-Jul-23 |
| Bid / Offer Closes on | 11-Jul-23 |
| Finalisation of Basis of Allotment | 14-Jul-23 |
| Initiation of refunds | 17-Jul-23 |
| Credit of the Equity Shares | 18-Jul-23 |
| Listing Date | 19-Jul-23 |
Company Registered Office
Office 604, Quantum Tower,
Off S.V. Road, Ram Baug,
Malad West, Mumbai – 400 064,
Maharashtra, India;
Website: www.acceleratebs.com
Company Promoters
- Mr. Kunal Arvind Shah
- Mr. Keyur Dipakkumar Shah
Acceleratebs India IPO – FAQS
When Acceleratebs India IPO will open?
The Acceleratebs India IPO opens on Jul 06, 2023 and closes on Jul 11, 2023
What is the lot size of Acceleratebs India IPO?
The Acceleratebs India IPO lot size is 1600 Equity Shares and the minimum order quantity is 1600 Equity Shares
Who is the Registrar for Acceleratebs India IPO?
The Registrar for Acceleratebs India IPO is Bigshare Services Private Limited
How to apply in Acceleratebs India IPO through UPI?
Check the step by step process here – Click here
How to apply in Acceleratebs India IPO through Zerodha?
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