AccelerateBS India Limited IPO (AccelerateBS India IPO)

AccelerateBS India Limited IPO
Upcoming AccelerateBS India IPO | New AccelerateBS India IPO

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

AccelerateBS India IPO – Details

IPO Opening Date06 July 2023
IPO Closing Date11 July 2023
Issue TypeFixed Price Issue IPO
Issue Size6,32,000 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 Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtBSE SME
RegisterBigshare Services Pvt Ltd
Other Shares Offered50%
Retail Shares Offered50%

AccelerateBS India IPO – Date Schedule

IPO Open Date06 July 2023
IPO Close Date11 July 2023
Basis of Allotment14 July 2023
Initiation of Refund17 July 2023
Credit of Shares to Demat Account18 July 2023
IPO Listing Date19 July 2023

AccelerateBS India IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)116001,44,000
Retail (Maximum)116001,44,000
HNI (Minimum)232002,88,000

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.
AccelerateBS India IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 20204.933.950.68
31 March 20214.523.900.43
31 March 20223.563.180.26
31 January 20231.651.300.26
Amount in ₹ Crore

AccelerateBS India IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding70.59%

AccelerateBS India IPO Prospectus

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

AccelerateBS India IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

AccelerateBS India IPO Lead Manager(s)

1. Shreni Shares Private Limited

AccelerateBS India IPO FAQs

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.
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