IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Accord Synergy Ltd

Registered Office : 302 Shine Plaza Natubhi Circle,Race Course,Vadodara Gujarat 390007 Phone : 91-265-2356800
Fax : 91-265-2356800

Email : info@accordsynergy.com

Website : www.accordsynergy.com

Public issue upto 9,72,000 equity shares of a face value of Rs. 10 each (the "equity shares") of Accord Synergy Limited ("ASL" "Accord" or the "company") for cash at a price of Rs. 60 per share (the "issue price"), aggregating to Rs. 5.83 crores ("the issue"), of which, 96,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 8,76,000 equity shares of Rs. 60 each (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 27.99% and 25.23%, respectively of the post issue paid-up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price is Rs. 60. The issue price is 6 times of the face value.

Issue

Opens On

Closes On

22-Jun-2017

28-Jun-2017

Money Payable On

Application

Allotment

60.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

5.23

5.83

3.47

60.00

Hem Securities Ltd

Projects

To meet working capital requirement

General corporate expenses

Promoted By

Betulla Asdulla Khan

Roli Betulla Khan

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd