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
1110 Rasbihari Avenue,
Fatokgora, Chandannagar,
Hooghly, West Bengal – 712 136
Phone: (033)-4071 -661
Email: info@aimetr.com
Website: https://www.ascensiveeducare.com/