Accord Synergy Ltd IPO


IPO Details

  • Open Date 22-Jun-17
  • Close Date 28-Jun-17
  • Lot Size 2000
  • IPO Size ₹ 5.83 Cr
  • IPO Price Range ₹ 60
  • Min Investment ₹ 120000

IPO Synopsis

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.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Accord Synergy Ltd IPO

Contact Information

302 Shine Plaza Natubhi Circle,
Race Course,
Vadodara, Gujarat 390007

Accord Synergy Ltd IPO Lead Manager

Hem Securities Ltd

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