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Ascensive Educare Limited Logo

Ascensive Educare Limited

Dec 30, 2021 – Jan 04, 2022
Listed Price:
₹27.60
(+6.15%)
Price Band₹26 - ₹26
Lot Size4,000 Shares
Allotment DateJan 07, 2022
Listing DateJan 12, 2022
Subscription-
Issue Size₹2.26 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

Ascensive Educare Limited's successfully transitioned to public market status with its listing on BSE on Jan 12, 2022. The IPO mobilized 8,68,000 Shares in cumulative capital, including 8,68,000 Shares for corporate expansion.

The public offering was conducted within the price parameters of ₹26 to ₹26, with minimum investment lots of 4000 shares. subscription activity between Dec 30, 2021 and Jan 04, 2022 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on Jan 07, 2022, 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.

Ascensive Educare IPO Details
IPO Date
:
Dec 30, 2021 to Jan 04, 2022
Allotment Date
:
Jan 07, 2022
List Date
:
Jan 12, 2022
Lot Size
:
4,000 share
Issue Price
:
₹26 - ₹26
Issue Size
:
8,68,000 (aggregating up to 2.26 Cr)
Fresh Issue
:
8,68,000 (aggregating up to 2.26 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
23,41,116
Share Holding Post-Issue
:
32,09,116
Market Marker Portion
:
44,000
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
Shares8,68,000
Market Maker
5.07%(44,000)
NII (HNI)
47.47%(4,12,000)
RETAIL
47.47%(4,12,000)
Total
100.00%(8,68,000)
Ascensive Educare 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)
Ascensive Educare IPO About Company

Ascensive Educare is a skill development company engaged in vocational training and educational consulting in collaboration with the Central Government, State Governments, industries, and industry associations, with a focus on skill development and re-skilling at the grassroots level in India. The company is NSDC accredited and offers NSQF-compliant courses delivered by experienced trainers certified by Sector Skill Councils. It has trained over 50,000 trainees across hardware, networking, and management programs in Kolkata and, in addition to national vocational qualifications, also provides short-term courses, specialized skill sets, and professional workshops for individuals and businesses.

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

✅Ascensive Educare IPO Strength Factors

NA

⚠️Ascensive Educare IPO Risk Factors

NA

🏦Ascensive Educare IPO Lead Manager(s)
GYR Capital Advisors Private Limited
👤Ascensive Educare IPO Promoter(s)
  1. Mr. Abhijit Chatterjee
  2. Mrs. Sayani Chatterjee
🏢Ascensive Educare IPO Company Details

Ascensive Educare Limited

Phone:033-4071-661
address:1110 Rasbihari Avenue, Fatokgora, Chandannagar, Hooghly, West Bengal – 712 136
📋Ascensive Educare IPO Registrar

Link Intime India Private Limited

Name:Link Intime India Private Limited
Phone:+91-22-4918 6270
❓Ascensive Educare IPO FAQs
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