Ascensive Educare IPO : GMP, Price, Dates, Issue Size 

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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 
Ducol Organics IPO: GMP, Price, Dates, Issue size

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 
Ducol Organics IPO: GMP, Price, Dates, Issue size

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 


Link Intime India Private Ltd 
Phone: +91-22-4918 6270 

Lead Manager(s) 

  1. GYR Capital Advisors Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 


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