AccelerateBS India Limited GMP IPO Details
AccelerateBS India is a Digital Technology Services company that offers a wide range of specialized technology services to businesses worldwide, both B2B and B2C. Their services include Digital Technology Services, DXP Consulting and Implementation Services (Digital Experience Platforms), custom software development, and consulting services, as well as the delivery of powerful and scalable software systems.
The company has developed comprehensive in-house capabilities across various DXP platforms, including Crownpeak, Optimizely, Contentful, and Strapi, which are leading enterprise DXP platforms. They excel in all layers of DXP platforms, from Front-end to Middleware, Backend, and DXP layers, and can seamlessly integrate with other products such as Salesforce, Marketo, Brightcove, Adobe Omniture, and SAP Commerce.
AccelerateBS India possesses full-stack Microsoft and Node-based capabilities and is actively involved in modern decoupled builds with API-first and microservices-based architectures. They have gained significant expertise in working with regulated industries such as Insurance, Financial Services, Pharma, and Healthcare providers.
The company has also developed in-house capabilities for front-end development using React, Angular, and Blazor. Additionally, they offer services in building Cognitive/AI-based applications such as custom Chatbots and Voice bots. They have established a dedicated practice area for these services. Moreover, AccelerateBS India now provides WCAG Testing and Remediation as a service, catering to accessibility needs.
AccelerateBS India is recognized as a listed and certified solution/service partner with Crownpeak Technology, Inc. (Denver, USA), Contentful (Germany), and Optimizely (London). They are one of the oldest and most experienced Crownpeak practices in India. As of January 2023, Optimizely has 9 solution partners in India, and Crownpeak has 4 partners in India.
AccelerateBS India Limited
Bidding Starts
Bidding Ends
Allotment Date*
Listing Date
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.
Objects of the Issue:
- Long-Term Working Capital Requirements
- General Corporate Purposes.
AccelerateBS India IPO Review
- To be updated soon
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 |
| QIB Quota: | 50% of the net offer |
| NII Quota: | [.]% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
AccelerateBS India IPO Market Lot
The minimum market lot for the AccelerateBS India IPO is 1600 shares, requiring an application amount of ₹131,200.
| 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 IPO of AccelerateBS India is scheduled to open on July 6, with the closing date set for July 11. The allotment of shares to investors will take place on July 14. If everything goes as planned, the company’s IPO is expected to be listed 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 |
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: ipo@bigshareonline.com
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: investors@acceleratebs.com
Website: http://www.acceleratebs.com/
AccelerateBS India IPO FAQ’s
What is the AccelerateBS India IPO?
AccelerateBS India IPO is an IPO on the BSE SME platform. The company aims to raise ₹5.69 Crores through the IPO. The issue price is set at ₹90 per equity share, and the IPO will be listed on the BSE.
When will the AccelerateBS India IPO open?
The IPO will open on July 6, 2023, for QIB, NII, and Retail Investors.
What is the investors’ portion for the AccelerateBS India IPO?
The investors’ portion for QIB is 50%, NII is yet to be specified, and Retail is 50%.
How can I apply for the AccelerateBS India IPO?
You can apply for the IPO online via ASBA through your bank account or through UPI with your stock brokers. Alternatively, you can apply offline by filling up the application form provided by your stock brokers.
How to apply for the AccelerateBS India IPO through Zerodha?
To apply through Zerodha, log in to the Zerodha website or application and go to the Portfolio section. Click on IPO and select the IPO name “AccelerateBS India.” Click on the Bid button, enter your UPI ID, quantity, and price, and submit the IPO application form. Then, go to your UPI app on Net Banking or BHIM App to approve the mandate. You will need to open a Demat account with Zerodha if you don’t have one.
How to apply for the AccelerateBS India IPO through Upstox?
To apply through Upstox, log in to the Upstox application with your credentials. Select the IPO and click on the Bid button for “AccelerateBS India.” Confirm your application, and then go to your UPI app on Net Banking or BHIM App to approve the mandate. You will need to open a Demat account with Upstox if you don’t have one.
How to apply for the AccelerateBS India IPO through Paytm Money?
To apply through Paytm Money, log in to the Paytm Money application with your credentials. Select the IPO and click on the Bid button for “AccelerateBS India.” Confirm your application, and then go to your UPI app on Net Banking or BHIM App to approve the mandate. You will need to open a Demat account with Paytm Money if you don’t have one.
What is the size of the AccelerateBS India IPO?
The AccelerateBS India IPO size is ₹5.69 crores.
What is the price band for the AccelerateBS India IPO?
The price band for the AccelerateBS India IPO is ₹90 per equity share.
What is the minimum and maximum lot size for the AccelerateBS India IPO?
The minimum lot size for the IPO is 1600 shares, requiring an application amount of ₹144,000.
When is the AccelerateBS India IPO allotment date?
The AccelerateBS India IPO allotment date is July 14, 2023.
When is the AccelerateBS India IPO listing date?
The AccelerateBS India IPO is expected to be listed on July 19, 2023, on the BSE SME platform.
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