Last updated on October 25, 2023
AccelerateBS IPO Description – Incorporated in 2022, AccelerateBS India is a Digital Technology Services company offering boutique technology services to B2B and B2C companies worldwide.
AccelerateBS India has built in-house capabilities across DXP platforms like Crownpeak, Optimizely, Contentful, and Strapi are some of the industry-leading enterprise DXP platforms that it specializes in.
The company’s services include:
- Digital Technology Services
- DXP (Digital Experience Platforms) Consulting and Implementation Services
- Digital projects
- Custom software development and consulting services
- Delivering powerful
- Scalable software systems
It has full-spectrum capabilities across these platforms and this includes Front-end, Middleware, Backend, and DXP layers as well as custom integrations with products like Salesforce, Marketo, Brightcove, Adobe Omniture, SAP Commerce, etc. It has also gained a lot of experience doing builds for regulated industries like Insurance, Financial Services, Pharma, and Healthcare service providers.
Promoters of AccelerateBS India – Mr. Kunal Arvind Shah and Mr. Keyur Dipakkumar Shah
Table of Contents
AccelerateBS IPO Details
| AccelerateBS IPO Dates | 6 – 11 July 2023 |
| AccelerateBS Offer Price | INR 90 per share |
| Fresh issue | 1,88,800 shares (INR 1.70 crore) |
| Offer For Sale | 4,43,200 shares (INR 3.99 crore) |
| Total IPO size | 6,32,000 shares (INR 5.69 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 144,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
AccelerateBS India Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | 10M FY 2023 |
| Revenue | 484.65 | 449.97 | 352.21 | 160.58 |
| Expenses | 394.70 | 390.03 | 317.69 | 129.84 |
| Net income | 68.35 | 42.53 | 25.91 | 26.22 |
AccelerateBS India Offer News
- AccelerateBS India RHP
- AccelerateBS India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
AccelerateBS India Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 6.78 | 4.22 | 2.57 |
| PE ratio | – | – | 35.02 |
| RONW (%) | 128.84 | 41.50 | 23.33 |
| NAV | 5.26 | 10.17 | 11.02 |
| ROCE (%) | 206.76 | 67.96 | 42.87 |
| EBITDA (%) | 22.63 | 15.47 | 13.51 |
| Debt/Equity | 0.00 | 0.23 | 0.41 |
AccelerateBS IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 18 July 2023 | 25 | – | – |
| 17 July 2023 | 25 | – | – |
| 15 July 2023 | 25 | – | – |
| 14 July 2023 | 25 | – | – |
| 13 July 2023 | 20 | – | – |
| 12 July 2023 | 18 | – | – |
| 11 July 2023 | 15 | – | – |
| 10 July 2023 | 12 | – | – |
AccelerateBS IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 299,200 | 299,200 | 598,400 |
| 11 Jul 2023 | 39.37 | 59.11 | 49.24 |
| 10 Jul 2023 | 5.73 | 16.07 | 10.90 |
| 7 Jul 2023 | 3.41 | 4.57 | 3.99 |
| 6 Jul 2023 | 2.22 | 1.07 | 1.65 |
AccelerateBS IPO Allotment Status
AccelerateBS IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
AccelerateBS IPO Dates & Listing Performance
| IPO Opening Date | 6 July 2023 |
| IPO Closing Date | 11 July 2023 |
| Finalization of Basis of Allotment | 14 July 2023 |
| Initiation of refunds | 17 July 2023 |
| Transfer of shares to demat accounts | 18 July 2023 |
| IPO Listing Date | 19 July 2023 |
| Opening Price on BSE SME | INR 109.50 per share (up 21.67%) |
| Closing Price on BSE SME | INR 114.97 per share (up 27.74%) |
AccelerateBS India Offer Lead Manager
SHRENI SHARES PRIVATE LIMITED
Office No. 102, 1st Floor, Sea Lord CHS,
Ram Nagar, Borivali (West), Mumbai – 400 092, Maharashtra
Phone: 022 – 2808 8456
Email:Â [email protected]
Website:Â www.shreni.in
AccelerateBS India Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
AccelerateBS India Contact Details
ACCELERATEBS INDIA LIMITED
Office 604, Quantum Tower, Off S.V. Road,
Ram Baug, Malad West, Mumbai – 400 064, Maharashtra
Phone: +91 96536 51592
E-mail: [email protected]
Website: www.acceleratebs.com
IPO FAQs
What is AccelerateBS India IPO offer size?
AccelerateBS offer size is INR 5.69 crores.
What is the AccelerateBS offer price band?
AccelerateBS public offer price is INR 90 per share.
What is the lot size of AccelerateBS public offer?
AccelerateBS offer lot size is 1,600 shares.
What is AccelerateBS IPO GMP today?
AccelerateBS IPO GMP today is INR 25 per share.
What is AccelerateBS kostak rate today?
AccelerateBS kostak rate today is INR NA per application.
What is AccelerateBS Subject to Sauda rate today?
AccelerateBS Subject to Sauda rate today is INR NA per application.
