Accord Synergy Ltd IPO (Accord Synergy IPO) Detail

Jun 22, 2017 - Jun 28, 2017

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

Company Promoters:

The Promoters of the company are:

1. Mr. Betulla Asdulla Khan and
2. Mrs. Roli Betulla Khan

Objects of the Issue:

The object of the issue are:

1. To meet Working Capital Requirement
2. General Corporate Expenses, and
3. To Meet the Issue Expenses

Accord Synergy IPO Details

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 Size972,000 Eq Shares of ₹10
(aggregating up to ₹5.83 Cr)

Accord Synergy IPO Lot Size

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

Accord Synergy IPO Subscription Status (Bidding Detail)

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)

CategoryIPO Subscription

Accord Synergy IPO Prospectus

Accord Synergy IPO Rating

Rating:Rated 3.8 stars
Vote Here ...

Accord Synergy IPO Listing Date

Listing Date Thursday, July 6, 2017
BSE Script Code
Listing In
ISIN INE113X01015
IPO Price ₹60 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹60.00
Open: ₹72.00
Low: ₹72.00
High: ₹72.00
Last Trade: ₹72.00

Company Contact Information

Accord Synergy Ltd
302, Shine Plaza,
Natubhi Circle,
Race Course, Vadodara -390007
Phone: +91 265-2356800

Accord Synergy IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Accord Synergy IPO Reviews / Ratings

Accord Synergy IPO FAQs

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.

The Accord Synergy IPO listing date is on Thursday, July 6, 2017.

Accord Synergy IPO Message Board

Ranked Members  Ranked Members

111. ShareMaster |Jul 31, 2017 23:25
Price goes to below 60..... Now can buy within 10 days price move till 82 only few days...
111.4. STOCKT |Aug 2, 2017 17:20
get ur eye sight checked its up 3 pc after falling more than 40 pc. by the way how much profit u made hahahahaha

its a looser stock already
111.5. STOCKT |Aug 4, 2017 00:53



110. PAPU |Jul 26, 2017 10:50

110.2. ShareMaster |Jul 27, 2017 10:49
110.3. jayant Vallabhdas Tank |Aug 11, 2017 18:29
Hello Papuji ,
your message shown @ 26th July about forecast about cross of rs. 150 within 15 days ,
but , its cross level of issue price too ,,,and share can easy get under price of Rs. 60 /-


Best Rgds
Jayant Tank
109. ShareMaster |Jul 27, 2017 10:47
Sell at current price Bad news will come soon.......... Tgt-40
108. NRNI |Jul 23, 2017 13:33
What Happened… Why Accord price get down… There is any specific reason and impact on share price.

Accord oversubscribed more than 140 times and now SP is no response.

Thanks for your valuable advise/comments.
107. jayant Vallabhdas Tank |Jul 17, 2017 09:10
Security-wise Delivery Position (14JUL2017)
Quantity Traded      34,000
Deliverable Quantity (gross across client level)      28,000
% of Deliverable Quantity to Traded Quantity      82.35 %Value at Risk (VaR in %)
106. LatestNews |Jul 11, 2017 22:43
Took a position today @ 70. I feel the beating is done. For an ipo where only 2000 shares were sold on 72 on listing day there seems to be selling pressure and no conviction to hold on.
I personally feel being in the telecom space where data usage, client additions, smart cities coming up this can be a major beneficiary.
Opportunity size is huge here and if accord can exploit it it can be a horse for the longer run.
Nothing is cheap in this market and here you have a company quoting at 8 times.
Nothing to loose I suppose. But market is king.
106.2. Prabhakaran Kuppusamy |Jul 12, 2017 13:25
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
As long as QIBs/HUFs (like ATUL BABUBHAI has 54k+26k ) holding shares of Accord, I don''t see Accord going below its issue price. I have placed a buy call at 64.05 - just missed and then stock shot up to 73 (as I mentioned earlier - fair price of Accord is 78)
106.3. LatestNews |Jul 12, 2017 21:23
Great turn around today. It just looks cheap and opportunity size for the company is too huge to ignore as Septa has pointed out india is a billion people country.
Would hold on for a while. Probably till year end results are out and then take a decision.
105. jkmittal |Jul 12, 2017 11:48
Promoter cost is 0.04 only.
Sell it.
104. STOCKT |Jul 12, 2017 10:42
They have business with network operator. It''s not worth looking at this. Stock will be below 60 rs soon
104.1. Ankur Bhanawat |Aug 22, 2017 23:26
Pls help me i m stuck at 75 level with 2 lot can average also
103. jayant Vallabhdas Tank |Jul 11, 2017 18:12
As on 11/07/2017 ( Trade quantity increase 48.94 % to 72.36 % ) But Quantity trade less 2,46,000 from 2,82,000 compare to 10/07/2017

Quantity Traded      2,46,000
Deliverable Quantity (gross across client level)      1,78,000
% of Deliverable Quantity to Traded Quantity      72.36
102. jayant Vallabhdas Tank |Jul 11, 2017 09:59
As on 10/07/2017
Quantity Traded      2,82,000
Deliverable Quantity (gross across client level)      1,38,000
% of Deliverable Quantity to Traded Quantity      48.94 %
101. KartiKey |Jul 10, 2017 20:35

100. gala |Jul 10, 2017 14:53
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
NSE site issues .... Any update on Accord ?
100.3. jkmittal |Jul 10, 2017 17:08
Showing wrong quote
100.4. gala |Jul 10, 2017 17:28
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
I jst felt that it was wrong of selling by lead manager ..... And it went that way nnly ..... Strategy is I feel now it should stay stable ..... May not advise to take risk and those having at 60 issue price I feel selling is good ... Many of retailers were trapped thy thgt that this will go focus way bt things changed .....
Don''t buy is the call and if u have bought at higher levels don''t sell in panic as today I felt maybe there were issues in buying NSE site actually did nt work soo
99. jayant Vallabhdas Tank |Jul 10, 2017 12:08
As on 7/7/2017 for Accord Synergy Ltd. ,,,
Quantity Traded      8,28,000
Deliverable Quantity (gross across client level)      5,10,000
% of Deliverable Quantity to Traded Quantity      61.59 %
98. pin |Jul 9, 2017 11:28
so now what should i do on monday???? shouil i exit or hold?????
97. jkmittal |Jul 8, 2017 17:33
96. gala |Jul 8, 2017 09:49
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
On Monday I feel it will be high if it is a circuit don''t sell ..... I srsly can''t say .... On my part it is nt a good sign hem selling shares as this could be easily 100% return candidate seeing subscription .....
Source is bulk deals in NSE
96.1. Kartik k mehta |Jul 8, 2017 14:34
Thanks, Hopeing that circuit will continue on Monday and Tuesday also....
96.2. goldcoin |Jul 8, 2017 15:31
yes ,u r right it may test 140-150
95. gala |Jul 7, 2017 21:05
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Lead manager has sold almost 1 lakh shares ..... Now what does this Say ?
95.2. goldcoin |Jul 8, 2017 09:39
source please
95.3. gala |Jul 8, 2017 09:50
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
On Monday I feel it will be high if it is a circuit don''''t sell ..... I srsly can''''t say .... On my part it is nt a good sign hem selling shares as this could be easily 100% return candidate seeing subscription .....
Source is bulk deals in NSE
94. gala |Jul 7, 2017 10:35
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
After getting 150 x oversubscribed and 72 % with promoter it cannot have Soo much volume ..... And Soo much of hands change ......
94.2. jkmittal |Jul 7, 2017 17:16
510000 deliverable quantity today.
94.3. gala |Jul 7, 2017 18:13
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
we may get idea after seeing bulk deals ....
93. SecTheta |Jul 7, 2017 14:33
Another "focus"?
92. gala |Jul 7, 2017 10:11
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Actually shocked to see this coming out of circuit ...... Some game is on !