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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.
COMPETITIVE STRENGTHS
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
| IPO Opening Date | Jun 22, 2017 |
| IPO Closing Date | Jun 28, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹60 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | 972,000 Eq Shares of ₹10 (aggregating up to ₹5.83 Cr) |
The Accord Synergy IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹120,000 |
| Maximum | 1 | 2000 | ₹120,000 |
The Accord Synergy IPO is subscribed times on Jun 28, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| Total |
| Listing Date | Thursday, July 6, 2017 |
| BSE Script Code | |
| NSE Symbol | ACCORD |
| Listing In | |
| ISIN | INE113X01015 |
| IPO Price | ₹60 per equity share |
| Face Value | ₹10 per equity share |
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Accord Synergy Ltd
302, Shine Plaza,
Natubhi Circle,
Race Course, Vadodara -390007
Phone: +91 265-2356800
Email: compliance@accordsynergy.com
Website: http://www.accordsynergy.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: accord.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Lead Manager Reports
Accord Synergy IPO is a SME IPO of 972,000 equity shares of the face value of ₹10 aggregating up to ₹5.83 Crores. The issue is priced at ₹60 per equity share. The minimum order quantity is 2000 Shares.
The IPO opens on Jun 22, 2017, and closes on Jun 28, 2017.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Accord Synergy IPO opens on Jun 22, 2017 and closes on Jun 28, 2017.
Accord Synergy IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
You can apply in Accord Synergy IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Accord Synergy IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Accord Synergy IPO allotment status.
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