AccelerateBS India IPO GMP 2023 Date, Review, Price, Allotment Details

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

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

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: