Ascensive Educare IPO is all set to make its debut on 30th Dec 21 with 2.26 cr is a Multimodal Transport Operator that offers logistics services involving land, air, and sea transportation and third-party logistics provider.
Ascensive Educare IPO – overview
| IPO Dates | Dec 30, 2021, to Jan 4, 2022 |
| IPO Price | INR 26 per share |
| Fresh issue | 868,000 shares (INR 2.24 crore) |
| Offer For Sale | Nil |
| Total IPO size | 868,000 shares (INR 2.24 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Ascensive Educare IPO – Tentative Dates
| IPO Offer Opening Date | 30 Dec 2021 |
| IPO Closing Date | 04 Jan 2022 |
| Finalization of Basis of Allotment | 07 Jan 2022 |
| Initiation of refunds | 10 Jan 2022 |
| Transfer of shares to demat accounts | 11 Jan 2022 |
| IPO Listing Date | 12 Jan 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
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.
Industry Overview
Pre-school education refers to the education of children from birth to age 5, before they enter the formal education system. The Indian government has recognized the importance of Early Childhood Care and Education (ECCE) in improving health and education outcomes for children. The Integrated Child Development Scheme (ICDS) run under the aegis of the Government of India ‘s Ministry of Women and Child Development provides for early childhood education and development by running Anga wadis across the country. Pre-school education not only impacts the immediate education of a child but also their future lives and those of their parents and families. The scope of Preschool education is wide and it ‘s growing at a scorching pace. While there has been a rise in organized players, the unorganized players too are in abundance and growing equally.
Objectives of the issue
- Funding the working capital requirements of the company.
- General corporate purposes.
Company Financials
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 123.45 | 106.46 | 82.24 |
| Total Revenue | 102.73 | 96.13 | 91.83 |
| Profit After Tax | 4.40 | 4.34 | 2.80 |
Company Contact Information
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/
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ascensive.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Lead Manager(s)
- GYR Capital Advisors Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
