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Registered Office: [ Office 604 Quantum Tower, Off- , S.V.Rd,Ram Baug Malad West , Mumbai - 400064 , Maharashtra , India.
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                                  Email: investors@acceleratebs.com
                                  Website: www.acceleratebs.com

Initial public offering of 6,32,000 equity shares of face value of Rs10/- each ("Equity Shares") of Acceleratebs India Limited ("Accelerate" or The "Company" or "The Issuer") for cash at a price of Rs90 /- per equity share (including a premium of Rs80/- per equity share) ("Offer Price") aggregating to Rs5.69 crores comprising of fresh offer of 1,88,800 equity shares aggregating to Rs 1.70 crores ("Fresh Offer") and an offer for sale of 4,43,200 equity shares by Kunal arvind Shah and Keyur Dipakkumar Shah ("Selling Shareholders") aggregating to Rs3.99 crores ("Offer for Sale") (The "Offer") of which 33,600 equity shares aggregating to Rs0.30 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 5,98,400 equity shares of face value of Rs10/- each at an offer price of Rs90 /- per equity share aggregating to Rs5.39 crores ("Net Offer"). The offer and the net offer will constitute 29.41 % and 27.85% of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs10/- each and the offer price is 9.0 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
06-Jul-23	11-Jul-23	Rs 90.00-0.00	Rs 0.00-0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

	Rs Cr	Lead Managers to the Issue
Project Cost	1.43	Shreni Shares Pvt Ltd
Project Financed through Current Offer	5.69
Post Issue Equity Share Capital	2.15
Issue Price	Rs.90.00

Projects

Long-Term Working Capital Requirements

General Corporate Purposes

Promoted By

Kunal Arvind Shah

Keyur Dipakkumar Shah

Listing At

BSE - SME

Registrar to the Issue

No Data Found.

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