SME IPO Alert: Accord Synergy Open For Subscription


Accord Synergy Ltd (ASL), SME IPO worth Rs 5.83 crore is open for subscription from June 22 to 28. The company provides support services to the Indian telecom sector through sub-contracting.

The issue size is of 9,72,000 equity shares of Rs 10, aggregating up to Rs 5.83 crore. The equity shares are proposed to be listed on the Emerge platform on NSE.

The main objective of the issue is to meet the working capital requirement, general corporate expenses and to meet the issue expenses.

Accord Synergy offers services to the high-end telecom segments such as network planning and optimisation, network roll out, managed services and manpAccord Synergy Ltd (ASL), SME IPO worth Rs 5.83 crore is open for subscription from June 22 to 28. The company provides support services to the Indian telecom sector through sub-contracting.

The issue size is of 9,72,000 equity shares of Rs 10, aggregating up to Rs 5.83 crore. The equity shares are proposed to be listed on the Emerge platform on NSE.

The main objective of the issue is to meet the working capital requirement, general corporate expenses and to meet the issue expenses.

Accord Synergy offers services to the high-end telecom segments such as network planning and optimisation, network roll out, managed services and manpower solutions on a 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.ower solutions on a 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.

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