The date for the AccelerateBS India IPO GMP has been announced. The offering will begin on July 6 and end on July 11. Using an IPO, AccelerateBS India is a BSE SME IPO seeking to raise $5.69 crores. The price range for the 1600 share market lot of the AccelerateBS India
IPO is set at 90. An organization called AccelerateBS India offers digital technology services to both B2B and B2C businesses all over the world. Its offerings include providing powerful and scalable software systems, consulting and implementation services for DXP (Digital Experience Platforms), digital projects, and custom software development. Crownpeak, Optimizely, Contentful, and Strapi are just a few of the main business DXP platforms that the company has created 100% in-house capabilities across. How to Buy IPO Stock? The
Front-end, Middleware, Backend, and DXP layers, as well as tailored integrations with products like Salesforce, Marketo, Brightcove, Adobe Omniture, SAP Commerce, etc., are all part of our broad spectrum of capabilities across these platforms. As a builder for regulated businesses including insurance, financial services, pharmaceuticals, and healthcare service providers, AccelerateBS has also amassed a wealth of experience. Additionally, employing React, Angular, and Blazor, the company has established 100% in-house capabilities for front-end builds. Additionally, they are working on cognitive/AI-based application constructions, such as unique chatbots and voice bots, and are now a part of our practice area. They have also begun to provide WCAG Testing and Remediation as a service.
Inside the DXP Platform. With Contentful in Germany, Optimizely in London, and Crownpeak Technology, Inc. in Denver, USA, AccelerateBS is a listed and accredited solution/service partner. As of January 2023, Crownpeak has 4 partners in India and Optimizely has 9 solution partners there. One of the oldest and most seasoned Crownpeak practices in India is AccelerateBS.
AccelerateBS India IPO GMP Date & Price Band Details
| IPO Open: | July 6, 2023 |
| IPO Close: | July 11, 2023 |
| IPO Size: | Approx ₹5.69 Crores, 632,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹90 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | [.]% of the net offer |
AccelerateBS India IPO Market Lot
The AccelerateBS India IPO GMP minimum market lot is 1600 shares with a ₹131,200 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹144,000 |
| Retail Maximum | 1 | 1600 | ₹144,000 |
| S-HNI Minimum | 2 | 3200 | ₹288,000 |
Objects of the Issue:
- Long-Term Working Capital Requirements
- General Corporate Purposes.
AccelerateBS India IPO Review
- To be updated soon
AccelerateBS India IPO Dates
The AccelerateBS India IPO GMP date is July 6 and the IPO close date is July 11. The IPO allotment date is July 14 and the IPO might list on July 19.
| IPO Open Date: | July 6, 2023 |
| IPO Close Date: | July 11, 2023 |
| Basis of Allotment: | July 14, 2023 |
| Refunds: | July 17, 2023 |
| Credit to Demat Account: | July 18, 2023 |
| IPO Listing Date: | July 19, 2023 |
AccelerateBS India IPO Form
How to apply AccelerateBS India IPO? –> You can apply AccelerateBS India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the AccelerateBS India IPO in the Invest section. The other option you can apply AccelerateBS India IPO GMP via IPO forms download via the BSE website. Check out the AccelerateBS India forms.
AccelerateBS India Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹4.93 | ₹3.95 | ₹0.68 |
| 2021 | ₹4.52 | ₹3.90 | ₹0.43 |
| 2022 | ₹3.57 | ₹3.17 | ₹0.26 |
| 2023 6M | ₹1.65 | ₹1.30 | ₹0.26 |
AccelerateBS India IPO Valuation – FY2022
Check AccelerateBS India IPO GMP valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.57 per Equity Share |
| Price/Earning P/E Ratio: | 35.02 |
| Return on Net Worth (RoNW): | 23.33% |
| Net Asset Value (NAV): | ₹11.02 per Equity Share |
Peer Group
- Happiest Minds Technologies Limited
- Persistent Systems Limited
- Kellton Tech Solutions Limited
- Saksoft Limited
- CG-Vak Software & Exports Limited
AccelerateBS India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Company Address
AccelerateBS India Limited
Office 604, Quantum Tower,
Off S.V. Road, Ram Baug, Malad West,
Mumbai – 400 064
Phone: +91 96536 51592
Email: [email protected]
Website: http://www.acceleratebs.com
Company Promoters
- Mr. Keyur Dipakkumar Shah
- Mr. Kunal Arvind Shah
AccelerateBS India IPO Lead Managers aka Merchant Bankers
- Shreni Shares Private Limited
AccelerateBS India IPO FAQs:
Q1. What is AccelerateBS India IPO?
Ans. AccelerateBS India IPO is an BSE SME IPO. They are going to raise ₹5.69 Crores via IPO. The issue is priced at ₹90 per equity share. The IPO is to be listed on BSE.
Q2. When AccelerateBS India IPO GMP will open?
Ans. The IPO is to open on July 6, 2023 for QIB, NII, and Retail Investors.
Q3. What is AccelerateBS India IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is [.], and Retail is 50%.
Q4. How to Apply the AccelerateBS India IPO?
Ans. You can apply AccelerateBS India IPO GMP 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.
Q5. How to Apply the AccelerateBS India IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “AccelerateBS India”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the AccelerateBS India IPO through Upstox?
Ans. Log in to Upstox 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 Upstox.
Q7. How to Apply the AccelerateBS India IPO through Paytm Money?
Ans. Log in to Paytm Money 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 Paytm Money.
Q8. What is AccelerateBS India IPO GMP Size?
Ans. AccelerateBS India IPO size is ₹5.69 crores.
Q9. What is AccelerateBS India IPO Price Band?
Ans. AccelerateBS India IPO Price Band is ₹90 per equity share.
Q10. What is AccelerateBS India IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1600 shares with ₹144,000.
Q11. What is AccelerateBS India IPO Allotment Date?
Ans. AccelerateBS India IPO GMP allotment date is July 14, 2023.
Q12. What is AccelerateBS India IPO Listing Date?
Ans. AccelerateBS India IPO listing date is July 19, 2023. The IPO to list on BSE SME.
