Ace Integrated Solutions IPO
Ace Integrated Solutions is a leading Recruitment & Examination Services Management Company. The company offers a range of services namely, 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 Services etc. Over the years, it has successfully implemented large turnkey assignments for various PSUs/State/Central Customers.
Promoters of Ace Integrated Solutions – Chandra Shekhar Verma and Amita Verma
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Ace Integrated Solutions IPO details |
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| Subscription Dates | 29 June – 5 July 2017 |
| IPO Price band | INR40 per share |
| Fresh issue | 1,800,000 shares (INR7.20 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,800,000 shares (INR7.20 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
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Ace Integrated Solutions’ financial performance (in INR crore) |
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| FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | 9M FY2017 | |
| Total revenue | Â 4.08 | 9.50 | 14.75 | 15.23 | 21.07 | 15.35 |
| Total expenses | 3.71 | 8.53 | 13.24 | 13.54 | 18.87 | 14.02 |
| Profit after tax | 0.25 | 0.67 | 1.19 | 1.06 | 1.47 | 0.79 |
Ace Integrated Solutions Limited
B-13 DSIDC Complex, Functional Industrial Estate,
Indl. Area Patparganj,
New Delhi – 110 092
Phone: +91 11 2216 2970
Fax: +91 11Â 2215 6374
Email: [email protected]
Website: www.aceintegrated.com
| Day |
Subscription (no. of times) |
| Day 1 | 0.13 |
| Day 2 | 0.19 |
| Day 3 | 0.85 |
| Day 4 | 1.06 |
| Day 5 | 1.60 |
Earnings Per Share (EPS): INR2.94
Price/Earnings (P/E) ratio:Â 13.60
Return on Net Worth (RONW): 27.65%
Net Asset Value (NAV): INR10.62 per share
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone: +91 22Â 4043 0200Â
Fax: +91 22Â 2847Â 5201
Email: [email protected]
Website: www.bigshareonline.com
Ace Integrated Solutions IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
IPO Opening Date: 29 June 2017
IPO Closing Date: 5 July 2017
Listing Date:Â 13 July 2017
Listing Price on NSE SME:Â INR38.9 per share (down 2.75% from IPO price)
Closing Price on NSE SME: INR39.25 per share (down 1.88% from IPO price)
India being the largest employment generator in the world, company like ACE is having huge potential to become multibagger….
Major player in this field. Expecting heavy gain on list like D-Mart. Having presence in all major cities.
This ipo should be avoided as very expensive and almost all reviews are against this ipo..
There are many good ipo coming on the way worth investing…