Ascensive Educare is a skill development company offering vocational training, and educational consulting in collaboration with Central Government, State Governments, and various Industries and Industry Associations. The company provides the platform for the skill developments at the grass-roots level to skill and re-skill the workforce of India.
The company is NSDC accredited with NSFQ compliant course curriculum. The training courses are provided by experienced trainers certified by the Sector Skills Council. The company has trained more than 50,000+ trainees under various hardware, networking and management programs in Kolkata. Apart from providing national vocational qualifications, the company also delivers short courses, skill sets, and workshops to professionals and businesses.
Company Promoters
Mr. Abhijit Chatterjee and Mrs. Sayani Chatterjee are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in Millions) | |||
|---|---|---|---|---|
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 139.73 | 123.45 | 106.46 | 82.24 |
| Total Revenue | 32.13 | 102.73 | 96.13 | 91.83 |
| Profit After Tax | 1.09 | 4.40 | 4.34 | 2.80 |
Objects Of The Issue
- Funding the working capital requirements of the company; and
- General corporate purposes
Ascensive Educare IPO Details
| IPO Opening Date | Dec 30, 2021 |
| IPO Closing Date | Jan 4, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹26 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | BSE SME |
| Issue Size | 868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr) |
| Fresh Issue | 868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr) |
Ascensive Educare IPO Tentative Timetable
The Ascensive Educare IPO open date is Dec 30, 2021, and the close date is Jan 4, 2022. The issue may list on Jan 12, 2022.
| IPO Open Date | Dec 30, 2021 |
| IPO Close Date | Jan 04, 2022 |
| Basis of Allotment Date | Jan 07, 2022 |
| Initiation of Refunds | Jan 10, 2022 |
| Credit of Shares to Demat Account | Jan 11, 2022 |
| IPO Listing Date | Jan 12, 2022 |
Ascensive Educare IPO Lot Size
The Ascensive Educare IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹104,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹104,000 |
| Maximum | 1 | 4000 | ₹104,000 |
Ascensive Educare IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.95% |
Ascensive Educare IPO Prospectus
Company Contact Information
| Ascensive Educare Limited 1110 Rasbihari Avenue, Fatokgora, Chandannagar, Hooghly, West Bengal – 712 136 Phone: (033)-4071 -661 Email: info@aimetr.com Website: https://www.ascensiveeducare.com/ |
Ascensive Educare IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: ascensive.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
Ascensive Educare IPO FAQs
| When Ascensive Educare IPO will open? The Ascensive Educare IPO dates are 30 Dec 2021 To 04 Jan 2022. |
| What is the lot size of Ascensive Educare IPO? Ascensive Educare IPO lot size and the minimum order quantity is 4000 Shares. |
| How to apply for Ascensive Educare IPO? You can apply in Ascensive Educare IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Ascensive Educare IPO listing date? The Ascensive Educare IPO listing date is not announced. The date of Ascensive Educare IPO listing is [12 Jan 2021]. |
