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Ascensive Educare is a skill development company offering vocational training, and educational consulting in collaboration with Central Government, State Governments, and various Industries and Industry Associations. The company provides the platform for the skill developments at the grass-roots level to skill and re-skill the workforce of India.
The company is NSDC accredited with NSFQ compliant course curriculum. The training courses are provided by experienced trainers certified by the Sector Skills Council. The company has trained more than 50,000+ trainees under various hardware, networking and management programs in Kolkata. Apart from providing national vocational qualifications, the company also delivers short courses, skill sets, and workshops to professionals and businesses.
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 139.73 | 123.45 | 106.46 | 82.24 | |
| Total Revenue | 32.13 | 102.73 | 96.13 | 91.83 | |
| Profit After Tax | 1.09 | 4.40 | 4.34 | 2.80 | |
| IPO Date | Dec 30, 2021 to Jan 4, 2022 |
| Listing Date | Wednesday, January 12, 2022 |
| Face Value | ₹10 per share |
| Price | ₹26 per share |
| Lot Size | 4000 Shares |
| Issue Size | 868,000 shares of ₹10 (aggregating up to ₹2.26 Cr) |
| Fresh Issue | 868,000 shares of ₹10 (aggregating up to ₹2.26 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Abhijit Chatterjee and Mrs. Sayani Chatterjee are the company promoters. |
Ascensive Educare IPO opens on Dec 30, 2021, and closes on Jan 4, 2022. The Ascensive Educare IPO bid date is from Dec 30, 2021 10.00 A.M. to Jan 4, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Dec 30, 2021 |
| Closing Date | Jan 4, 2022 |
| Basis of Allotment | Jan 7, 2022 |
| Initiation of Refunds | Jan 10, 2022 |
| Credit of Shares to Demat | Jan 11, 2022 |
| Listing Date | Jan 12, 2022 |
The Ascensive Educare IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹104,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹104,000 |
| Retail (Max) | 1 | 4000 | ₹104,000 |
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.95% |
AEL is operating in a highly competitive and fragmented segment. There are many established players in this sector. Company’s financial performance is not in line with the asking price. Longer gestation for migration to the mainboard is a major hitch. There is no harm in ignoring this aggressively priced IPO. Read detail review...
The Ascensive Educare IPO is subscribed 2.67 times on Jan 4, 2022 7:50:00 PM. The public issue subscribed 4.11 times in the retail category, times in the QIB category, and 1.24 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.24 |
| Retail | 4.11 |
| Total | 2.67 |
| Listing Date | Wednesday, January 12, 2022 |
| BSE Script Code | 543443 |
| NSE Symbol | |
| Listing In | TS Group of Securities |
| ISIN | INE0E4I01019 |
| IPO Price | ₹26 per share |
| Face Value | ₹10 per share |
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Ascensive Educare Limited
1110 Rasbihari Avenue,
Fatokgora, Chandannagar,
Hooghly, West Bengal – 712 136
Phone: (033)-4071 -661
Email: info@aimetr.com
Website: https://www.ascensiveeducare.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ascensive.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Ascensive Educare IPO is a SME IPO of 868,000 equity shares of the face value of ₹10 aggregating up to ₹2.26 Crores. The issue is priced at ₹26 per share. The minimum order quantity is 4000 Shares.
The IPO opens on Dec 30, 2021, and closes on Jan 4, 2022.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Ascensive Educare IPO using UPI as a payment gateway. Zerodha customers can apply in Ascensive Educare IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ascensive Educare IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ascensive Educare IPO opens on Dec 30, 2021 and closes on Jan 4, 2022.
Ascensive Educare IPO lot size is 4000 Shares and the minimum order quantity is .
You can apply in Ascensive Educare 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Ascensive Educare IPO will be done on Jan 7, 2022, and the allotted shares will be credited to your demat account by Jan 11, 2022. Check the Ascensive Educare IPO allotment status.
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