AccelerateBS India Limited is a Digital Technology Services company offering multitude of boutique technology services to both B2 and B2C companies around the world.
The services of the company include:
- Digital Technology Services
- DXP (Digital Experience Platforms) Consulting and Implementation Services
- Digital projects
- Custom software development and consulting services
- Delivering powerful
- Scalable software systems
AccelerateBS 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.
The company is also ISO/IEC 27001:2022 and ISO 9001:2015 certified organization for Digital Technology Services provider with custom software development and consulting services.
AccelerateBS India IPO – Details
| IPO Opening Date | 06 July 2023 |
| IPO Closing Date | 11 July 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 6,32,000 Shares Worth ₹5.69 Crore Fresh Issue: 1,88,800 Shares Worth ₹1.70 Crore Offer for Sale: 443,200 Shares Worth ₹3.99 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹90 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
AccelerateBS India IPO – Date Schedule
| IPO Open Date | 06 July 2023 |
| IPO Close Date | 11 July 2023 |
| Basis of Allotment | 14 July 2023 |
| Initiation of Refund | 17 July 2023 |
| Credit of Shares to Demat Account | 18 July 2023 |
| IPO Listing Date | 19 July 2023 |
AccelerateBS India IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,44,000 |
| Retail (Maximum) | 1 | 1600 | 1,44,000 |
| HNI (Minimum) | 2 | 3200 | 2,88,000 |
Competitive Strengths
- Experienced promoters and management team;
- Established relationships with customer base;
- Integrated Technology Platform;
- Specialty DXP Platforms;
- Accessibility Compliance;
- MAGNET Global Network;
Company Promoters
- Mr. Keyur Dipakkumar Shah
- Mr. Kunal Arvind Shah
Object Of The Issue
- Long-Term Working Capital Requirements.
- General Corporate Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 4.93 | 3.95 | 0.68 |
| 31 March 2021 | 4.52 | 3.90 | 0.43 |
| 31 March 2022 | 3.56 | 3.18 | 0.26 |
| 31 January 2023 | 1.65 | 1.30 | 0.26 |
AccelerateBS India IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 70.59% |
AccelerateBS India IPO Prospectus
- AccelerateBS India IPO DRHP
- AccelerateBS India IPO RHP
Company Contact Information
| AccelerateBS India Limited Office 604, Quantum Tower, Off S.V. Road, Ram Baug, Malad West, Mumbai – 400 064 Phone: +91 96536 51592 Email: investors@acceleratebs.com Website: http://www.acceleratebs.com/ |
AccelerateBS India IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://www.bigshareonline.com/ |
AccelerateBS India IPO Lead Manager(s)
| 1. Shreni Shares Private Limited |
AccelerateBS India IPO FAQs
| What is AccelerateBS India IPO? AccelerateBS India IPO is a SME IPO. The issue is priced at ₹90 per equity share. The IPO is to be listed on BSE SME. |
| When AccelerateBS India IPO will open? The IPO is to open on 06 July 2023 for NII and Retail Investors. |
| How to AccelerateBS India IPO? You can apply AccelerateBS India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the AccelerateBS India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “AccelerateBS India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the AccelerateBS India IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “AccelerateBS India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is AccelerateBS India IPO Size? AccelerateBS India IPO size is ₹5.69 crores. |
| What is AccelerateBS India IPO Price Band? AccelerateBS India IPO Price Band is ₹90. |
| What is AccelerateBS India IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,44,000 amount while the maximum bid is 1600 shares with ₹1,44,000. |
| What is the AccelerateBS India IPO Allotment Date? AccelerateBS India IPO allotment date is 14 July 2023. |
| What is the AccelerateBS India IPO Listing Date? AccelerateBS India IPO listing date is 19 July 2023. The IPO is to list on BSE SME. |
