Incorporated in 2014, Accord Synergy Ltd (ASL) provides support services to the telecom industry through sub-contracting basis in India. They offers services to the high end telecom segments such as network planning & optimization, network roll out, managed services and manpower solutions through sub-contracting basis.
They provide services related to planning, installation and commissioning, operation, expansion, modification, and maintenance of telecom networks, as well as manpower solutions; and technical site surveys, radio surveys, network planning, radio and core equipment ((BBS, RBS 2G, 3G and LTE) installation, installation supervision, and commission/integration services to various equipment and vendors. It serves telecom equipment manufacturers and network operators.
1. Qualified and experienced management team and employee base
2. Ability to offer end to end telecom solutions
3. Pan India reach
4. Established relationship with clients
5. Technology driven
6. Timely completion of awarded work
The Promoters of the company are:
1. Mr. Betulla Asdulla Khan and
2. Mrs. Roli Betulla Khan
The object of the issue are:
1. To meet Working Capital Requirement
2. General Corporate Expenses, and
3. To Meet the Issue Expenses
»» Issue Open: Jun 22, 2017 - Jun 28, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 972,000 Equity Shares of Rs 10 aggregating up to Rs 5.83 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 60 Per Equity Share
»» Market Lot: 2000 Shares
»» Minimum Order Quantity: 2000 Shares
»» Listing At: NSE SME
Accord Synergy IPO Subscription Status tells if Accord Synergy IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Accord Synergy IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved|
|Day 1 - Jun 22, 2017 17:00 IST||0||430,000||1,226,000||1,656,000|
|Day 2 - Jun 23, 2017 17:00 IST||0||486,000||5,440,000||5,926,000|
|Day 3 - Jun 27, 2017 17:00 IST||0||1,462,000||24,928,000||26,390,000|
|Day 4 - Jun 28, 2017 17:00 IST||62,000||48,264,000||89,514,000||137,840,000|
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