Ascensive Educare IPO Details

Ascensive IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

About Ascensive Educare

Ascensive Educare is engaged in the business of training and skill development offering vocational training, and educational consulting in collaboration with Central Government, State Governments and various Industries and Industry Associations. The company has been core to delivering high-quality training interventions that range from conducting training workshops to placement.

The course curriculum is NSFQ compliant and experienced trainers, including the ones certified by the Sector Skills Council, take care of all the training programs. The company is an accredited NSDC training partner provider and offers nationally recognized qualifications and skill-sets that comply with industry standards. The company provides the platform for the skill developments at grass root level to skilled and re-skilled the workforce of India so that they can rightfully participate in this phase of growth of the nation.

The company is focused towards working in the field of education and skill development and committed to play a valuable role in supporting the scaling up process of rural livelihood.

The main mode of business of the company is as follows:

  • Providing employment opportunities to the youth of our nation through market oriented skill development training.
  • Entrepreneurship Development for the eligible & interested candidates.
  • Providing Higher Education in the field of Management studies in collaboration with a University.
  • Online e-learning support along with Interview Preparation
  • Online guide for preparation of Competitive Exams with online classes and Mock Tests.
  • Online Psychometric test and Career Analysis with online career counselling.
  • Providing Basic Training to the candidates under Apprenticeship Scheme

Important Details – Ascensive Educare

DateDetails
December 26, 2012The company was incorporated as “Ascensive Educare Private Limited” in Kolkata, West Bengal.
April 16, 2020The company was converted into a Public Limited Company and the name of the company was changed to “Ascensive Educare Limited”

Objects of the Issue

  • Funding the working capital requirements of the company
  • General Corporate Purposes

Ascensive Educare Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,234.58 1,064.69 822.41
Total income 1,027.31 961.36 918.32
Total Expenses 967.54 901.66 880.15
Profit After Tax 44.05 43.48 28.08

Ascensive Educare IPO Price – Details

DescriptionAscensive IPO Details
Public IssueInitial Public Issue of upto 8,68,000 equity shares of ₹ 10 (aggregating up to ₹ 225.68 lakhs)
Issue Open  Date30-Dec-21
Issue Close Date04-Jan-22
Issue TypeFixed Price
IPO Price Band₹ 26
Face Value ₹ 10
Market Lot 4000 Equity Shares and in multiples thereof
Minimum Order Quantity 4000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolASCENSIVE
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Ascensive IPO DRHP & RHP

Ascensive Educare IPO DRHP
Ascensive Educare IPO RHP

Ascensive Educare IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum14000₹ 1,04,000
Maximum14000₹ 1,04,000

Ascensive Educare IPO Lead Managers

  • GYR Capital Advisors Private Limited

Ascensive Educare IPO Registrar

Ascensive Educare IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on30-Dec-21
Bid / Offer Closes on04-Jan-22
Finalisation of Basis of Allotment07-Jan-22
Initiation of refunds 10-Jan-22
Credit of the Equity Shares11-Jan-22
Listing Date12-Jan-22

Company Peers – Comparison of Accounting Ratios

There is no listed company that is specifically comparable to the Ascensive Educare w.r.t. to the business model, size, and financials.

Company Corporate Office

BF – 32, 2nd Floor,
Sector – 1, Salt Lake City,
Bidhannagar, Kolkata,
West Bengal – 700 064.
Website: www.ascensiveeducare.com

Company Registered Office

Ascent Enclave, 1110,
Rasbihari Avenue, Fatokgora,
Chandannagar, Hooghly,
West Bengal – 712 136.

Company Promoters

  • Mr. Abhijit Chatterjee
  • Mrs. Sayani Chatterjee

Ascensive Educare IPO – FAQS

What is the Ascensive Educare IPO Price?

The Ascensive Educare IPO price band is 26 per share

When Ascensive Educare IPO will open?

The Ascensive Educare IPO opens on Dec 30, 2021 and closes on Jan 04, 2022

What is the lot size of Ascensive Educare IPO?

The Ascensive Educare IPO lot size is 4000 Equity Shares and the minimum order quantity is 4000 Equity Shares

Who is the Registrar for Ascensive Educare IPO?

The Registrar for Ascensive Educare IPO is Link Intime India Private Limited

How to apply in Ascensive Educare IPO through UPI?

Check the step by step process here – Click here

How to apply in Ascensive Educare IPO through Zerodha?

Check the step by step process here – Click here

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