IPO Synopsis

Accord Synergy Ltd
Registered Office: 302 Shine Plaza Natubhi Circle,Race Course,Vadodara-390007, Gujarat
Tel. No: 91-265-2356800
Fax No: 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 Money Payable On
Opens On Closes On Application Allotment
22-Jun-2017 28-Jun-2017 ₹60.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 5.23 Hem Securities Ltd
Project Financed through Current Offer 5.83
Post Issue Equity Share Capital 3.47
Issue Price 60.00
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