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Ascensive Educare IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Kolkata and caters to Education - Edtech sector. GYR Capital Advisors is the merchant banker of Ascensive Educare IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2023.
Ascensive Educare IPO open date is 30th December 2021 and close date is 4th January 2022. IPO Allotment Date is 7th January 2022 and Listing date is 12th January 2022.
IPO
Size:
₹ 2.26 Cr.
Avg IPO Size (Sector Based)
: ₹
16.51 cr.
Sector: Education - Edtech
SME
IPO so far:
11
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹
12.84
cr. 
PE
Ratio:
18.98x
Average Sector PE Ratio: 19.58x
Ascensive Educare IPO size is ₹ 2.26 Cr. with IPO price of ₹ 26.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
GYR Capital Advisors Private Limited is the book-running lead manager of the Ascensive Educare IPO. Link Intime India Private Limited is the Registrar and Market Maker is Beeline Broking Limited for Ascensive Educare IPO.
Ascensive Educare IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ascensive Educare IPO, based in Kolkata, operates in the Education - Edtech sector with a focus on Education. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Ascensive Educare IPO size is ₹ 2.26 Cr. with fresh issue size of ₹ 2.26 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Ascensive Educare IPO is expected to be 7th January 2022, after the finalization of basis of allotment. Investors can check Ascensive Educare IPO allotment status on the registrars website, Link Intime India Private Limited. Ascensive Educare IPO refund dates are 10th January 2022.
Ascensive Educare IPO is expected to be listed on 12th January 2022.
The upper price band for the Ascensive Educare IPO is set at ₹ 26.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Ascensive Educare IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Ascensive Educare IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th January 2022. After submission, funds are blocked until the basis of allotment of Ascensive Educare IPO is finalised.
The merchant banker for Ascensive Educare IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ascensive Educare IPO RHP for further details.
The registrar for Ascensive Educare IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Ascensive Educare IPO through their official website or helpline.
Ascensive Educare IPO was subscribed 2.67 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2.26 Cr.
Avg IPO Size (Sector Based)
:
₹ 16.51 Cr.
Sector: Education - Edtech
SME
IPO so far:
11
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹ 12.60 cr.
PE
Ratio:
18.98x
Average Sector PE Ratio: 19.58x
Ascensive Educare IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ascensive Educare Financial Review Page
Merchant Banker(s) of Ascensive Educare IPO: GYR Capital Advisors Private Limited
Ascensive Educare IPO subscription was 2.67 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Ascensive Educare IPO listed at a listing price of 28.95 against the offer price of 26.00.
The current market price of Ascensive Educare is 19.60.
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