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AccelerateBS India Limited Logo

AccelerateBS India Limited

Jul 06, 2023 – Jul 11, 2023
Listed Price:
₹109.50
(+21.67%)
Price Band₹90 - ₹90
Lot Size1,600 Shares
Allotment DateJul 14, 2023
Listing DateJul 19, 2023
Subscription49.19 Times
Issue Size₹5.69 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹12.5
(13.89%)

Premium (ELP)

AccelerateBS India Limited's successfully transitioned to public market status with its listing on BSE on Jul 19, 2023. The IPO mobilized 6,32,000 Shares in cumulative capital, including 1,88,800 Shares for corporate expansion and ₹3.99 Cr for shareholder liquidity management.

The public offering was conducted within the price parameters of ₹90 to ₹90, with minimum investment lots of 1600 shares. subscription activity between Jul 06, 2023 and Jul 11, 2023 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on Jul 14, 2023, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.

AccelerateBS India IPO Details
IPO Date
:
Jul 06, 2023 to Jul 11, 2023
Allotment Date
:
Jul 14, 2023
List Date
:
Jul 19, 2023
Lot Size
:
1,600 share
Issue Price
:
₹90 - ₹90
Issue Size
:
6,32,000 (aggregating up to 5.69 Cr)
Fresh Issue
:
1,88,800 (aggregating up to 1.70 Cr)
Offer For Sale
:
4,43,200 (aggregating up to 3.99 Cr)
Listing At
:
BSE
Share Holding Pre-Issue
:
19,60,000
Share Holding Post-Issue
:
21,48,800
Market Marker Portion
:
33,600
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares6,32,000
Market Maker
5.32%(33,600)
NII (HNI)
47.34%(2,99,200)
RETAIL
47.34%(2,99,200)
Total
100.00%(6,32,000)
AccelerateBS India IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (in ₹ Lakhs)
AccelerateBS India IPO About Company

Incorporated in 2022, AccelerateBS India Limited is a digital technology services company offering boutique tech solutions to B2B and B2C clients globally. The company provides digital technology services, digital projects, custom software development, and specializes in DXP (Digital Experience Platforms) consulting and implementation. AccelerateBS has built 100% in-house capabilities across leading enterprise DXP platforms such as Optimizely, Crownpeak, Contentful, and Strapi, enabling businesses to build powerful, scalable and modern digital systems.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

AccelerateBS India IPO Strength Factors

NA

⚠️AccelerateBS India IPO Risk Factors

NA

🏦AccelerateBS India IPO Lead Manager(s)
Shreni Shares Limited
👤AccelerateBS India IPO Promoter(s)
  1. Mr. Keyur Dipakkumar Shah
  2. Mr. Kunal Arvind Shah
🏢AccelerateBS India IPO Company Details

AccelerateBS India Limited

Phone:+91 96536 51592
address:Office 604, Quantum Tower, Off S.V. Road, Ram Baug, Malad West, Mumbai – 400 064
📋AccelerateBS India IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
AccelerateBS India IPO FAQs
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