Ascensive Educare Limited IPO Review
In conjunction with the Central Government, State Governments, and other Industries and Industry Associations, the corporation is in the training and skill development industry, providing vocational training and educational consultancy.
Its course material is NSFQ compliant, and all training programmers are overseen by qualified trainers, including those recognized by the Sector Skills Council. The organization is an NSDC training partner provider and provides nationally recognized certifications and skill sets that meet industry requirements. The firm is devoted to playing an useful role in assisting the scaling up process of rural livelihoods and is focused on working in the sphere of education and skill development.
It has trained over 50,000 trainees in Kolkata through different Hardware, Networking, and Management programmes, and the bulk of them have been placed in the appropriate areas for which they are qualified. It offers short courses, skill sets, and seminars to professionals and enterprises in addition to national occupational certifications.
Subscription Dates | 30 December 2021 – 4 January 2022 |
Price Band | INR26 per share |
Fresh issue | 868,000 shares (INR2.26 crore) |
Offer For Sale | Nil |
Total IPO size | 868,000 shares (INR2.26 crore) |
Minimum bid (lot size) | 4,000 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | BSE SME |
| FY2019 | FY2020 |
Revenue | 918.3 | 961.4 |
Expenses | 880.2 | 901.7 |
Net income | 28.1 | 43.5 |
| FY2021 | Q1 FY2022 |
Revenue | 1,027.3 | 321.4 |
Expenses | 967.5 | 306.6 |
Net income | 44.1 | 10.9 |
Earnings Per Share (EPS): INR1.88
Price/Earnings (PE ratio): 13.83
Return on Net Worth (RONW): 15.09%
Net Asset Value (NAV): INR12.47 per share
Listing Performance of Ascensive Educare Limited IPO
Listed On : Jan 12, 2022
Issue Price : 26
Listing day Close : 28.95
Listing Day Gain : 11.35%
NSE : NA
ISIN CODE : INE0E4I01019
BSE : 543443
Dilip Davda – Avoid
IPO Opening Date | 30 December 2021 |
IPO Closing Date | 4 January 2022 |
Finalisation of Basis of Allotment | 7 January 2022 |
Initiation of refunds | 10 January 2022 |
Transfer of shares to demat accounts | 11 January 2022 |
Listing Date | 12 January 2022 |
Opening Price on BSE | INR27.6 per share (up 6.15% from IPO price) |
Closing Price on BSE | INR28.95 per share (up 11.35% from IPO price) |
Ascensive Educare Limited
BF – 32, 2nd Floor,
Sector – 1, Salt Lake City,
Bidhannagar, Kolkata, West Bengal – 700 064
Phone: +91 033 4071661
Email: info@aimetr.com
Website: www.ascensiveeducare.com
Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: ascensive.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Category | Non-retail | Retail | Total |
Shares Offered | 4,34,000 | 4,34,000 | 8,68,000 |
Day 1 | 0.67 | 0.50 | 0.58 |
Day 2 | 0.67 | 1.05 | 0.86 |
Day 3 | 1.06 | 2.19 | 1.63 |
Day 4 | 1.18 | 3.90 | 2.54 |
Ascensive Educare Limited IPO FAQ's
The Ascensive Educare IPO is a BSE SME IPO of ₹26 per equity share with a face value of 10 per equity share.
The issue size is priced at 868,000 equity shares of ₹10 (aggregating up to ₹2.26 Crore). The fresh issue size priced at 868,000 equity shares of ₹10( aggregating up to ₹2.26 Crore).
The initial public offering (IPO) begins on Dec 30, 2021 and ends on Jan 4th, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.
The Ascensive Educare IPO opens on Dec 30, 2021 and closes on Jan 4th, 2022. The IPO Issue date may list on Jan 12, 2022.
Ascensive Educare IPO Market lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
The finalisation of Basis of Allotment for Ascensive Educare IPO will be done on Jan 7, 2022. and the allotted shares will be credited to your demat account by Jan 11, 2022. Check the Ascensive Educare IPO status.
The Ascensive Educare IPO listing date is on Jan 12, 2022.
Ascensive Educare IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Ascensive Educare Limited IPO Comments
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