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Registered Office: Office 604 Quantum Tower, Off-,S.V.Rd,Ram Baug Malad West, Mumbai - 400064, Maharashtra, India.
Phone : +91 96536 51592   Fax:
Email :  investors@acceleratebs.com  
Website :  www.acceleratebs.com

Initial public offering of 6,32,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Acceleratebs India Limited ("Accelerate" or The "Company" or "The Issuer") for cash at a price of Rs. 90 /- per equity share (including a premium of Rs. 80/- per equity share) ("Offer Price") aggregating to Rs. 5.69 crores comprising of fresh offer of 1,88,800 equity shares aggregating to Rs. 1.70 crores ("Fresh Offer") and an offer for sale of 4,43,200 equity shares by Kunal arvind Shah and Keyur Dipakkumar Shah ("Selling Shareholders") aggregating to Rs. 3.99 crores ("Offer for Sale") (The "Offer") of which 33,600 equity shares aggregating to Rs. 0.30 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 5,98,400 equity shares of face value of Rs. 10/- each at an offer price of Rs. 90 /- per equity share aggregating to Rs. 5.39 crores ("Net Offer"). The offer and the net offer will constitute 29.41 % and 27.85% of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the offer price is 9.0 times of the face value.