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Open
28 Sep to 5 Oct, 2006
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Close
28 Sep to 5 Oct, 2006
3
Allotment
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Listing
Mon, Oct 30, 2006
Price Band
₹75 to ₹90
Issue Size
56,35,950 shares (agg. up to ₹42 Cr)
Lot Size
70 Shares
Listing Date
Mon, Oct 30, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.19x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|---|
| Assets | 136.15 | 112.73 | 93.51 | 112.63 | 95.10 |
| Total Income | 170.43 | 136.82 | 140.82 | 151.53 | 155.31 |
| Profit After Tax | 9.71 | 4.22 | -3.00 | 2.74 | 4.67 |
| NET Worth | 60.74 | 53.08 | 29.80 | 32.78 | 30.77 |
| Reserves and Surplus | 43.40 | 35.74 | 16.80 | 19.78 | 17.77 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| HOV Services Ltd. | Mainboard | ₹81.00 Cr | ₹200 | null | ₹180.30 | -9.85% | ₹73.88 |
| R Systems International Ltd. | Mainboard | ₹110.21 Cr | ₹250 | null | ₹249.65 | -0.14% | ₹245.89 |
| Bartronics India Ltd. | Mainboard | ₹48.75 Cr | ₹75 | null | ₹110.60 | +47.47% | ₹6.92 |
| Paradyne Infotech Ltd. | Mainboard | ₹13.86 Cr | ₹42 | 6.36 | ₹75.35 | +79.40% |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To fund the global business expansion plans including development of the overseas marketing and sales infrastructure and to acquire or invest in strategic businesses | 30.00 |
| 2 | To increase the ESS and BPO capacities, by expanding existing facilities | 9.00 |
| 3 | Working capital requirements and general corporate purposes | 20.00 |
| 4 | Issue Expenses | 6.46 |
| Total | 65.46 |
About Accel Frontline IPO
Updated on Aug 5, 2026
Contact Details
Accel Frontline Ltd. AddressIII Floor, New No.75 (Old No.124)Nelson Manickam RoadAminjikaraiChennai, Tamil Nadu, 600029+91 44 4225 2000neel@accelfrontline.inVisit Website