AccelerateBS India Limited IPO Message Board (Page 3)

Sirf naam hi Accelerate hai, otherwise both top line (revenue) and bottom line (profit) are de-accelerating consistently. :D

Recent 4 Sme me se kismet apply karna chahiye... fund 10lakh hay

Now is the time to be careful in applying FF. Today almost all the newly listed IPOs have retreated. Can't expect high returns on listing.

What is menaing of FF ?

Tushar j its Full Force.

Expected retail subscription of all 4 SME's

Basic of allotment is on 14/7/23
And initiation of refunds is on 17/7/23..??
How it can be like this..???

Anil ji, 15th and 16th are Saturday/ Sunday..

Thanks for replying

Seeing the low subscription under hni category applied for 2 lots being the fair chance of allotment in hni category. As the issue size is very low, Expecting it to open positive.

Applying to target 1 lot..

Applied FF..

@chintanparikh Ji
Sir, your views on AccelerateBS, DRONE, KAKA, AHASOLAR!!!
Which one to apply & which one to skip?
Thanks & Regards

I am yet to read the RHP but, Drone, Kaka and Ahasolar seems good as a default position

sub to 22000

AccelerateBS India 🇮🇳 Limited
Sub2 ~ 25,000/- @ 07:15PM # 07 JULY.
Preopen Settlement.

AccelerateBS India Ltd Sub2 ~ 15000/- @ 01:30pm # 07 July.

The company is 1 year old. How do we have a GMP for this stock?

AccelerateBS India Ltd
Sub2 25000

AccelerateBS India Ltd
Sub2 ~ 12,000/- @ 08:00pm

@MRavichandran @lokes Sir you review is appreciated. Financials looks bad, but Sherni as LM. What to do?

It will be conflict with Drone and Kaka Subscription. So If need to apply here, need to apply less in Senco.

LM is 'Shreni' and not 'Sherni' brother.

I am applying here in retail only as i will be applying in hni in other good ones....
It's financial looks below average and it's valuation looks expensive but it will list good due to smaller size and good lm reputation....

Koi batayega Ye "BS" kis liye lagaya hai ???

Might be short for "Boutique Services"

Formerly "Business solutions".

Company incorporated in 2022 but have balance sheet from 2020??

Company is providing solutions in digital technology solutions and DXP. Large part of business comes up from assignments from digital agencies
38 permanent employees in company and top 5 customers provide 84% of revenue
Receivables 55 lacs, cash & cash equivalent Rs 140 lacs, which make up 68% of assets
Largest item in PPE is F&F of Rs 30 lacs
Promoter Directors salary Rs 52 lacs in 21-22 and proposed is Rs 2 cr 22-23 onwards. Annualized total employee cost of Rs 240 lacs and PBT of Rs 84 lacs for 22-23
Both offices leased from promoters.
Lease rent is lower compared to last year
Increase in profit equals decrease in other expense, specifically professional fees (Rs 25 lacs)
Issue management expense as % of IPO size is around 16%, OFS is large part of IPO
IPO funds inflow to company only Rs 1.4 cr, which could have been easily funded through Bank overdraft

A few fellow boarders have suggested providing rating / recommendation
I am neither qualified nor experienced for that
My sole objective of posting comments is to share my learning and learn from fellow boarders

@YBPK Your write-ups are better than some of the reviews of so called 'qualified' reviewers

Sub to 10000 buyer in ahmedabad

@Kappo ,Sir aapka guidance chahiye....apply kar sakte isme .....

कोई सूरत गुजरात से है तो मिले 99 जीरो 99 जीरो 85 जीरो जीरो

It seems promoters want to Accelerate their Exit by going more for OFS than for fresh issue within a year of Incorporation (2022). Looks like more AcceleratedBullShi....

After seeing urs msg company incorporated in 2022, was wondering how its become eligible for IPO. Than checked the financials in chittorgarh page itself showing Financials for 2020, 2021, 2022 and 2023. Its a Partnership Firm which got converted into company in 2022. The firm is in existence since 2011.

Not favoring for this company and its financials, even not worthy for discussion, as promoter himself has no trust and wanted to be monatised by OFS aggressively.

Its become a trend now to issue shares at premium, give the bonus from same premium, reduce the cost for promoters and come in IPO again at high price just to bypass the SEBI regulation.

If you are paying 100/- for 1 share and getting 9 shares in Bonus effective cost would be 10/- only per share after Bonus. But you will not issue 10 shares at 10/- each, if you do so, u r ineligible to bring IPO at Premium. What a logic by SEBI and Exchange. SEBI should look into this.

AcceleratedBullShi....😂😂😂