AccelerateBS India IPO Date, Review, Price, Allotment Details

Vijay Prajapati
July 19, 2023

Vijay Prajapati

AccelerateBS India IPO Details: AccelerateBS India IPO date is fixed, The IPO will open on July 6 and will close on July 11. AccelerateBS India is an BSE SME IPO to raise ₹5.69 crores via IPO. The AccelerateBS India IPO price band is fixed at ₹90 with a market lot of 1600 shares.

AccelerateBS India is a Digital Technology Services company offering a multitude of boutique technology services to both B2B and B2C companies around the world. Its services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, and delivering powerful and scalable software systems. The company has built 100% in-house capabilities across DXP platforms like Crownpeak, Optimizely, Contentful, and Strapi are some of the industry-leading enterprise DXP platforms that we specialize in. We have 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. They have full-stack Microsoft and Node-based capabilities and are engaged in doing new-age decoupled builds with API first and microservices-based architectures.

AccelerateBS has also gained a lot of experience doing builds for regulated industries like Insurance, Financial Services, Pharma, and Healthcare service providers. The company has also developed 100% in-house capabilities for front-end builds using React, Angular, and Blazor. They are also engaged in doing Cognitive/AI-based application builds like custom Chatbots, Voice bots, etc., and are now part of our offering and a dedicated practice area for us and have also started offering WCAG Testing and Remediation as a service.

On the DXP Platform side. AccelerateBS is a listed and certified solution/service partner with Crownpeak Technology, Inc. Denver, USA, Contentful, Germany and Optimizely, London. As on January 2023, Optimizely has 9 solution partners in India, and Crownpeak has 4 partners in India. AccelerateBS India is also one of the oldest and the most experienced Crownpeak practice in India.

Objects of the Issue:

Long-Term Working Capital Requirements
General Corporate Purposes.

AccelerateBS India IPO Review

Avoid

AccelerateBS India IPO 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
NII Quota:	50% of the net offer
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here
Anchor Investors in IPO:	Click Here

AccelerateBS India IPO Market Lot

The AccelerateBS India IPO 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

AccelerateBS India IPO Dates

The AccelerateBS India IPO 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

You can check IPO subscription status and IPO allotment status on their respective pages.

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 via IPO forms download via the BSE website. Check out the AccelerateBS India forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

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 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 Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

AccelerateBS India IPO Allotment Status

Check AccelerateBS India IPO allotment status on Bigshare website URL. Click Here

AccelerateBS India IPO Lead Managers aka Merchant Bankers

Shreni Shares Private Limited

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/

AccelerateBS India IPO FAQs

What is AccelerateBS India IPO?

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.

When AccelerateBS India IPO will open?

The IPO is to open on July 6, 2023 for NII, and Retail Investors.

What is AccelerateBS India IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the AccelerateBS India IPO?

You can apply AccelerateBS India IPO 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.

How to Apply the AccelerateBS India IPO through Zerodha?

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.

How to Apply the AccelerateBS India IPO through Upstox?

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.

How to Apply the AccelerateBS India IPO through Paytm Money?

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.

What is AccelerateBS India IPO Size?

AccelerateBS India IPO size is ₹5.69 crores.

What is AccelerateBS India IPO Price Band?

AccelerateBS India IPO Price Band is ₹90 per equity share.

What is AccelerateBS India IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹144,000.

What is AccelerateBS India IPO Allotment Date?

AccelerateBS India IPO allotment date is July 14, 2023.

What is AccelerateBS India IPO Listing Date?

AccelerateBS India IPO listing date is July 19, 2023. The IPO to list on BSE SME.

Note: The AccelerateBS India IPO details are announced officially. The IPO grey market premium (AccelerateBS India IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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