Ascensive Educare IPO Date, GMP, Review, Price Details

Ascensive Educare is a skill development company that gives vocational training, and educational consulting to students. It has collaborated with Central and State Governments, and Industry Associations. The company excels in providing skill development programs to skill and re-skill the people of India.

The training courses are provided by experienced trainers. The company has trained more than 55,000 trainees under different hardware, networking, and other programs in Kolkata.

Company Promoters

• Abhijit Chatterjee.
• Sayani Chatterjee.

Objectives of the IPO

• Funding working capital requirements of the company, and general corporate purposes.

Ascensive Educare IPO Details

IPO DETAILS	Ascensive Educare
Issue Period	Opening Date: Dec 30th, 2021 Closing Date:   Jan 04th, 2022
Price Band	₹26 per equity share
Issue Size	868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr)
Face Value	₹10 per equity share
Issue Type	Fixed Price Issue IPO
Fresh Issue	868,000 Eq Shares of ₹10 (aggregating up to ₹2.26 Cr)
Offer for sale	N/A
Listing	BSE SME
Registrar	Link Intime India Private Limited

Ascensive Educare Timeline

Ascensive Educare issue date, issue price, allotment date, and the listing date, and all the details are given below.

IPO Opens	30-12-2021
IPO Ends	04-01-2022
Allotment Begins	07-01-2022
Refund Initiation	10-01-2022
Allotment Date	11-01-2022
Listing Date	12-01-2022

Ascensive Educare Lot Size (Retail Individual Investors)

Applications	Lots	Shares	Amount(Cut-off)
Minimum	1	4000	₹104,000
Maximum	1	4000	₹104,000

Ascensive Educare IPO Review

Ascensive Educare operates in a very competitive and new market. There are many competitive peers in this sector. The company’s financial performance and the issue price hardly matches and shows any validation. Tough to be on the mainboard and sustain for now as it is priced aggressively. Letting this IPO go would be worth a call.

Ascensive Educare IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ascensive.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Ascensive Educare Book Running Lead Manager

• GYR Capital Advisors Limited.

Company Contact Details