The Ace Integrated Solutions IPO date has been confirmed to have started from June 29, 2017 and ended on July 5, 2017
Using an IPO, Ace Integrated Solutions is seeking to raise Rs 7.20 crore. Its price is ₹40 per share and the minimum lot size for an application is 3000 shares. The minimum amount of investment required by retail investors is ₹120,000.
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Bidding Dates
June 29-July 5
Price Range
₹40 per share
Face Value
₹10 per share
GMP
₹33.90
Ace Integrated Solutions IPO GMP
The Ace Integrated Solutions Limited IPO GMP is ₹33.90.
IPO Overview
Ace Integrated Solutions’ initial public offering (IPO) is priced at Rs 7.20 crores. The IPO auction for Ace Integrated Solutions began on June 29, 2017 and closed on July 5, 2017. On July 13, 2017, the shares were listed on the NSE SME. The IPO price for Ace Integrated Solutions is $40 per share. A lot size of 3000 shares is required for an application. Retail investors must make a minimum investment of $120,000 to participate.
The company also provides a variety of services such as On-Line & Off-Line Application Form Designing, Barcoding, Collection, Data Capturing & Processing, Designing Printing and Dispatch of Admit Cards, Arrangement of test venues, Designing & printing of OMR answer sheets with security features, Setting, Designing and printing of question booklet as per the required Difficulty Levels and Topics (Technical & Non-Technical), consultancy, Facility Management, Data Base Management It has successfully implemented big turnkey assignments for several PSUs/State/Central Customers over the years. TCS, CMC, and Delhi Metro were the company’s top three clients in FY 16.
Ace Integrated Solutions IPO Details
| IPO Date | June 29, 2017 to July 5, 2017 |
| Listing Date | July 13, 2017 |
| Face Value | ₹10 per share |
| Price | ₹40 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 1,800,000 shares (aggregating up to ₹7.20 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Ace Integrated Solutions Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹38.90 |
| Low | ₹38.90 |
| High | ₹41.80 |
| Last Trade | ₹39.55 |
Ace Integrated Solutions IPO Listing Details
| Listing Date | July 13, 2017 |
| BSE Script Code | |
| NSE Symbol | ACEINTEG |
| ISIN | INE543V01017 |
| Final Issue Price | ₹40 per share |
Company Profile
Ace Integrated Solutions Ltd, founded in 2009, is engaged in Business Process Outsourcing (BPO) to serve the needs of Telecom, Banking, Government Institutions, Insurance Companies providing services to Telecommunication Service Providers, Banking Sector, NonBanking Financing Institutions, E-Wallet Service Providers, and others.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Ace Integrated Solutions Ltd |
| Phone number | +91-11-22162970 |
| Email ID | cs@aceintegrated.com |
| Website | www.aceintegrated.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
