Ascensive Educare Limited IPO
BSE SME₹104,000 / 4000 Shares
Ascensive Educare Limited IPO Details
The Ascensive Educare Limited IPO price band is set between ₹26 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 30 Dec, 2021 and closes on 4 Jan, 2022. Investors can check the allotment status on 7 Jan, 2022, while the listing date is tentatively scheduled for 12 Jan, 2022.
The total issue size is 868,000 Eq Shares of ₹10 , aggregating up to ₹2.26 Cr. Stay tuned for the latest Ascensive Educare Limited IPO review and GMP updates.
Ascensive Educare Limited IPO Review, Rating & Analysis
Ascensive Educare Limited IPO Review
NO REVIEWAscensive Educare Limited IPO Rating
Ascensive Educare Limited IPO Highlights
IPO Date
Dec 30, 2021 - Jan 4, 2022
Listing Date
12 Jan, 2022
Face Value
₹10 Per Equity Share
Price Band
₹26 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Ascensive Educare Limited IPO Lot Size
The minimum market lot for Ascensive Educare Limited IPO is 4000 shares with an application amount of ₹1,04,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,04,000 |
| Retail (Max) | 1 | 4000 | ₹1,04,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,08,000 |
| S-HNI (Max) | 9 | 36000 | ₹9,36,000 |
| B-HNI (Min) | 10 | 40000 | ₹10,40,000 |
Ascensive Educare Limited IPO Timeline
Issue Price
₹26 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LtdLead Manager
GYR Capital Advisors LimitedIssue Size
868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr)#Fresh Issue: 868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr)Ascensive Educare Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 21 | 13.97 | 3.21 | 0.1 | - | - | - |
| 31 Mar 21 | 12.34 | 10.27 | 0.44 | - | - | - |
| 31 Mar 20 | 10.64 | 9.61 | 0.43 | - | - | - |
| 31 Mar 19 | 8.22 | 9.18 | 0.28 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Abhijit Chatterjee
- Mrs. Sayani Chatterjee
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100.00% | 72.95% |
About Company
Ascensive Educare is a skill development company offering vocational training, and educational consulting in collaboration with Central Government, State Governments, and various Industries and Industry Associations. The company provides the platform for the skill developments at the grass-roots level to skill and re-skill the workforce of India.
The company is NSDC accredited with NSFQ compliant course curriculum. The training courses are provided by experienced trainers certified by the Sector Skills Council. The company has trained more than 50,000+ trainees under various hardware, networking and management programs in Kolkata. Apart from providing national vocational qualifications, the company also delivers short courses, skill sets, and workshops to professionals and businesses.
Ascensive Educare Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 4,12,000 | 4,12,000 | 8,24,000 |
Day 1 -30-12-21 06:00 PM | 0.71 x | 0.52 x | 0.62 x |
Day 2 -31-12-21 06:00 PM | 0.71 x | 1.11 x | 0.91 x |
Day 3 -03-01-22 6:00 PM | 1.12 x | 2.31 x | 1.71 x |
Day 4 -04-01-22 6:00 PM | 1.24 x | 4.11 x | 2.67 x |
Frequently Asked Questions about Ascensive Educare Limited IPO IPO
When will Ascensive Educare Limited IPO open for subscription?
The Ascensive Educare Limited IPO opens on 30 Dec, 2021 and closes on 4 Jan, 2022.
What is the investors portion for Ascensive Educare Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 412000.
How to apply for Ascensive Educare Limited IPO?
You can apply for Ascensive Educare Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Ascensive Educare Limited IPO?
The issue size of Ascensive Educare Limited IPO is approx ₹868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr)#Fresh Issue: 868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr) crores.
What is the price band of Ascensive Educare Limited IPO?
The price band for Ascensive Educare Limited IPO is ₹26 per equity share to ₹undefined.
What is the lot size of Ascensive Educare Limited IPO?
The minimum bid (lot size) for Ascensive Educare Limited IPO is N/A shares with an investment of approx ₹104,000 .
What is the allotment date of Ascensive Educare Limited IPO?
The allotment date for Ascensive Educare Limited IPO is 7 Jan, 2022.
What is the listing date of Ascensive Educare Limited IPO?
The listing date for Ascensive Educare Limited IPO is expected to be 12 Jan, 2022.
What is the GMP of Ascensive Educare Limited IPO?
The latest Grey Market Premium (GMP) for Ascensive Educare Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.