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Open
22 Jun 2017
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Close
28 Jun 2017
3
Allotment
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Listing
Thu, Jul 6, 2017
Price Band
₹60 per share
Issue Size
9,72,000 shares (agg. up to ₹6 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Jul 6, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 153.29x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2016 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 20.94 | 21.78 | 10.18 |
| Total Income | 49.05 | 63.04 | 8.71 |
| Profit After Tax | 2.23 | 2.60 | 0.32 |
| NET Worth | 5.15 | 2.93 | 0.33 |
| Reserves and Surplus | 5.14 | 2.92 | 0.32 |
| Total Borrowing | 7.49 | 11.21 | 5.95 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 4.35 |
| 2 | General Corporate Expenses | 0.87 |
About Accord Synergy IPO
Incorporated in 2014, Accord Synergy Ltd (ASL) provides support services to the telecom industry through sub-contracting basis in India. They offers services to the high end telecom segments such as network planning & optimization, network roll out, managed services and manpower solutions through sub-contracting basis.They provide services related to planning, installation and commissioning, operation, expansion, modification, and maintenance of telecom networks, as well as manpower solutions; and technical site surveys, radio surveys, network planning, radio and core equipment ((BBS, RBS 2G, 3G and LTE) installation, installation supervision, and commission/integration services to various equipment and vendors. It serves telecom equipment manufacturers and network operators.COMPETITIVE STRENGTHS1. Qualified and experienced management team and employee base2. Ability to offer end to end telecom solutions3. Pan India reach4. Established relationship with clients5. Technology driven6. Timely completion of awarded work+ Read More
Contact Details
Accord Synergy Ltd. Address302, Shine PlazaNatubhi CircleRace CourseVadodara, Gujarat, 390007+91 265-2356800compliance@accordsynergy.comVisit Website