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/
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One Response
Looks promising. One should apply for this IPO.