AccelerateBS India Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

06 Jul 2023

Close Date

11 Jul 2023

Allotment

14 Jul 2023

Listing Date

19 Jul 2023

Exchange

BSE SME

Price Band

₹90

Listing Price

See chart

Allotment Status

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Price Band

₹90

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

6,32,000 shares (aggregating up to ₹5.69 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹144,000

1 lot

Pre-IPO Holding

19,60,000 shares

Promoters

Post-IPO Holding

21,48,800 shares

Promoters

P/E (Pre)

27.27x

EPS (Pre)

₹1.38

UPI Deadline

2023-07-11

Mandate

Anchor AllotmentWed, 05 Jul 2023

Basis of AllotmentFri, 14 Jul 2023

Refund InitiationMon, 17 Jul 2023

Demat CreditTue, 18 Jul 2023

Listing DayWed, 19 Jul 2023

UPI Mandate Deadline2023-07-11

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public5,98,400 shares (aggregating up to ₹5.39 Cr)

Market Maker Quota33,600 shares (aggregating up to ₹0.3024 Cr)

Fresh Issue Shares1,55,200 shares (aggregating up to ₹1.40 Cr)

Offer for Sale4,43,200 shares of ₹10 (aggregating up to ₹3.99 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

AccelerateBS India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Jul 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	33,600	—	₹0.30
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	632,000	100%	₹5.69

IPO Shares Offered

AccelerateBS India Ltd IPO total issue size: ₹5.69 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	33,600	₹0.30	5.32%
Total	632,000	₹5.69	100.00%

* Based on upper price band ₹90 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹90.00

Upper Band

Min Investment

₹144,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹288,000
Retail (Max — 13 Lots)	13	20,800	₹1,872,000
S-HNI (Min — 14 Lots)	14	22,400	₹2,016,000
B-HNI (Min — 68 Lots)	68	108,800	₹9,792,000

* Issue Price ₹90 × Lot Size 1,600 shares

IPO Schedule

Anchor

05 Jul 2023

✓ Done

IPO Open

06 Jul 2023

✓ Done

IPO Close

11 Jul 2023

✓ Done

Allotment

14 Jul 2023

✓ Done

Refunds

17 Jul 2023

✓ Done

Demat Credit

18 Jul 2023

✓ Done

Listing Day

19 Jul 2023

✓ Done

₹90.00

INR · BSE

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Issue ₹90.00 Live Price

About AccelerateBS India Ltd

Incorporated in 2022, AccelerateBS India Limited is a Digital Technology Services company. It offers many boutique technology services to both B2B and B2C companies worldwide.The services of the company include:Digital Technology ServicesDXP (Digital Experience Platforms) Consulting and Implementation ServicesDigital projectsCustom software development and consulting servicesDelivering powerfulScalable software systemsAccelerateBS India is a specialized entity, and it has built 100% in-house capabilities across DXP platforms like Optimizely, Crownpeak, Contentful, and Strapi, some of the industry-leading enterprise DXP platforms we specialize in.

Objects of the Issue

Long-Term Working Capital Requirements; and

General corporate purposes

AccelerateBS India Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹451.9

31-Mar-21

₹355.7

31-Mar-22

₹164.9

31-Jan-23

Profit After Tax (PAT)

₹42.5

31-Mar-21

₹25.9

31-Mar-22

₹26.2

31-Jan-23

Particulars	31-Jan-23	31-Mar-22	31-Mar-21
Revenue from Operations	164.92	355.69	451.92
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	26.22	25.91	42.53
Net Worth	205.42	111.03	102.46
Total Assets	283.25	200.65	180.95
Reserves & Surplus	N/A	N/A	N/A
Borrowings	33.82	45.34	24.00
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

15.80%

RoCE

19.44%

RoNW

12.77%

Debt/Equity

0.16

Issue Structure & Shareholding

Total Shares Offered6,32,000 (100.00%)

Net Offer to Public5,98,400 shares (aggregating up to ₹5.39 Cr)

Reserved for Market Maker33,600 shares (aggregating up to ₹0.3024 Cr)

Pre-Issue Promoter Holding19,60,000 shares

Post-Issue Promoter Holding21,48,800 shares

P/BV RatioN/A

RoE15.80%

RoCE19.44%

Debt / Equity0.16

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Shreni Shares Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much AccelerateBS India Ltd IPO subscribed? ▲

AccelerateBS India Ltd IPO is subscribed 1.00 times by Jul 11, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is AccelerateBS India Ltd IPO retail subscription status? ▼

The AccelerateBS India Ltd IPO retail category is subscribed 1.00 times as of 11 Jul 2023. The retail portion is oversubscribed.

How to subscribe AccelerateBS India Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 06 Jul 2023 and closes 11 Jul 2023. Min investment: ₹144,000 (1 lot = 1,600 shares). UPI mandate: 2023-07-11.

How many times AccelerateBS India Ltd IPO subscribed? ▼

The AccelerateBS India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check AccelerateBS India Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 14 Jul 2023. Refunds: on 17 Jul 2023.

When AccelerateBS India Ltd IPO will be listed? ▼

The AccelerateBS India Ltd IPO listing date is 19 Jul 2023, Wednesday. Listed on: BSE SME. Issue price: ₹90. Estimated listing: ₹90. GMP: NIL.

When AccelerateBS India Ltd IPO close? ▼

The AccelerateBS India Ltd IPO closes on 11 Jul 2023, Tuesday. UPI mandate: 2023-07-11. Allotment: 14 Jul 2023. Listing: 19 Jul 2023.

Quick Actions

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Live Price LIVE

Last Price₹90.00

Change—

Issue Price₹90.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹90

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹144,000

GMPNIL

Est. Listing₹90

Subscribed1.00x

Open Date06 Jul 2023

Close Date11 Jul 2023

Allotment14 Jul 2023

Listing Date19 Jul 2023

ExchangeBSE SME

UPI Deadline2023-07-11