Ascensive Educare IPO Review

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.

Ascensive Educare IPO Review

Company Promoters

  • Abhijit Chatterjee.
  • Sayani Chatterjee.

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 Subscription Status

Category Subscription
NII 0.57 times
Retail 0.36 times
Total 0.47 times

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.

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