IPO

Ascensive Educare Limited IPO

BSE SME

Listed On: Jan 12, 2022 at ₹ 27.6

₹ 208000 /8000 Shares
*Min Investment

Check Allotment

30 Dec, 2021

Open Date

04 Jan, 2022

Close Date

07 Jan, 2022

Allotment Date

12 Jan, 2022

Listing Date
IPO Issue Details
  • Issue Price ₹26 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 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)
  • Listing at BSE SME
  • List Price 27.6
  • Listing Date 2022-01-12
  • Lead Manager GYR Capital Advisors Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Documents
IPO Details


Ascensive Educare Limited IPO is an SME IPO, priced at ₹26 per equity share. The equity shares have a face value of ₹10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Dec 30, 2021 to Jan 4, 2022. The allotment is expected to be finalized on Jan 7, 2022, and the tentative listing date is Jan 12, 2022.


The registrar of the IPO is Link Intime India Private Ltd, and

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IPO Subscription Analysis And Details
Retail
4.11x
Total
2.67x
As onQIB / NIIRetailTotal
Shares Offered / Reserved4,12,0004,12,0008,24,000
Day 1 30-12-21 06:00 PM
0.71 x0.52 x0.62 x
Day 2 31-12-21 06:00 PM
0.71 x1.11 x0.91 x
Day 3 03-01-22 6:00 PM
1.12 x2.31 x1.71 x
Day 4 04-01-22 6:00 PM
1.24 x4.11 x2.67 x
Valuations
Earnings Per Share (EPS) ₹1.37/-
P/E Ratio 18.94
RoNW 15.09%
Net Asset Value (NAV) - Post Issue ₹16.47/-
Company Financials
In Crs.
In Cr.
30-Jun-2131-Mar-2131-Mar-2031-Mar-19
Assets13.9712.3410.648.22
Revenue3.2110.279.619.18
Profit After Tax0.10.440.430.28
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.

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- Promoter(s)

Mr. Abhijit Chatterjee

Mrs. Sayani Chatterjee

Pre Issue Share Holding : 100.00%

Post Issue Share Holding : 72.95%

IPO - Issue Objectives
1

Funding the working capital requirements of the company;

2

General corporate purposes