Accent Microcell Limited is a manufacturer of high-quality cellulose-based excipients primarily used in the pharmaceutical, nutraceutical, food, cosmetic and other industries. The company is one of the world's leading manufacturers of microcrystalline cellulose (MCC).
The company has created a niche for itself in the production of high-quality cellulose-based excipients that meet international quality standards. With two state-of-the-art manufacturing facilities at Pirana Road, Ahmedabad and Dahej, SEZ (Bharuch), they have developed a strong global distribution model as they serve customers across India and in more than 45 countries including USA, Canada, Germany, UK , Japan, China, Australia, Korea, Netherlands, Turkey, Vietnam, Italy, Indonesia, Poland, Egypt, France, Thailand, New Zealand, Brazil, Russia, Mexico, Chile, Zimbabwe, Denmark, Greece and many others.
The Company primarily produces microcrystalline cellulose (“MCC”). MCC is an odorless, fine white powder and a purified form of cellulose obtained from refining high-purity wood pulp. It is widely used as a texturizer, anti-caking agent, binder, lubricant, filler and diluent and has numerous applications in pharmaceutical, nutraceutical, food, cosmetic and other industries. They produce 22 MCC grades with particle sizes from 20 microns to 180 microns. The most important MCC grades manufactured and marketed by the company are sold under the brand name “accel”. In addition to “accel”, we also sell our products under the names “acrocell”, “maccel” and “Vincel”.
Subject of the issue:
- Setting up a plant at Navagam Kheda to manufacture Croscarmellose Sodium (“CCS”), Sodium Starch Glycolate and Carboxymethyl Cellulose (CMC); And
- General business expenses.
Valuing Accent Microcell's IPO
Accent Microcell IPO Date and Price Band Details
| IPO opened: | December 8, 2023 |
| IPO completed: | December 12, 2023 |
| IPO size: | Approx ₹78.40 Crores, 5,600,000 shares |
| Nominal value: | ₹10 Per equity share |
| IPO price range: | ₹133 to ₹140 Per equity share |
| Listing on: | NSE SMEs |
| Retail quota: | 35% of the net supply |
| QIB quota: | 50% of the net supply |
| NII quota: | 15% of the net supply |
| DRHP draft prospectus: | Click here |
| RHP draft prospectus: | Click here |
| Anchor investors in the IPO: | Click here |
Accent Microcell IPO-Marketless
The minimum market quantity for Accent Microcell's IPO is 1,000 shares with an application amount of ₹140,000.
| Application | Lot size | Shares | Crowd |
| Retail minimum | 1 | 1000 | ₹140,000 |
| Retail Maximum | 1 | 1000 | ₹140,000 |
| S-HNI minimum | 2 | 2000 | ₹280,000 |
Accent Microcell IPO Dates
Accent Microcell's IPO date is December 8th and its IPO closing date is December 12th. The IPO allotment date is December 13 and the IPO could happen on December 15.
| IPO opening date: | December 8, 2023 |
| Exchange closing date: | December 12, 2023 |
| Allocation basis: | December 13, 2023 |
| Refunds: | December 14, 2023 |
| Credit to Demat Account: | December 14, 2023 |
| Date of listing: | December 15, 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
Accent Microcell IPO form
How to Apply Accent Microcell IPO? You can apply for Accent Microcell IPO through ASBA which is available in your bank account. Simply go to the online banking login and apply through your bank account by selecting Accent Microcell IPO under the Invest section. The other option is to apply for Accent Microcell's IPO through IPO forms which can be downloaded from the NSE website. Check out the Accent Microcell forms – click on “NSE IPO Forms”, download, fill and submit to your bank or broker.
Accent Microcell Company Financial Report
| ₹ in Crores | |||
| Year | revenue | Cost | BEAT |
| 2021 | ₹134.82 | ₹128.81 | ₹4.80 |
| 2022 | ₹167.54 | ₹159.95 | ₹5.89 |
| 2023 | ₹206.97 | ₹191.48 | ₹13.01 |
| 2024 3M | ₹59.93 | ₹51.65 | ₹7.06 |
Accent Microcell IPO Assessment – Fiscal Year 2023
Check Accent Microcell's IPO valuation details such as Earnings Per Share (EPS), Price-to-Earnings P/E Ratio, Net Return (RoNW) and Net Asset Value (NAV) details.
| Earnings per share (EPS): | ₹10.06 per equity share |
| Price-earnings-P/E ratio: | THE |
| Return on Net Assets (RoNW): | 29.44% |
| Net Asset Value (NAV): | ₹34.19 per equity share |
Peer group
- Sigachi Industries Limited
- Mister. Vasant Vadilal Patel
- Mister. Ghanshyam Arjanbhai Patel
- Mister. Nitin Jasvantbhai Patel
- Mister. Vinodbhai Manibhai Patel
Accent Microcell IPO Register
Kfin Technologies Limited
Telephone: 04067162222, 04079611000
E-mail: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Accent Microcell IPO Allotment Status
Check Accent Microcell IPO allotment status on KFintech website URL. Click here
IPO Lead Manager of Accent Microcell also known as Merchant Bankers
- Corporate Capital Ventures Pvt Ltd
Company address
Accent Microcell Limited
314, Shangrilla Arcade,
Shyamal Cross Roads,
Anandnagar Road, Satellite, Ahmedabad, 380015
Telephone: +91-7575803351
E-mail: [email protected]
Website: https://accentmicrocell.com/
Accent Microcell IPO FAQ
What is Accent Microcell IPO?
Accent Microcell's IPO is an NSE SME IPO. They will raise ₹78.40 Crores through an IPO. The issue price is ₹133 to ₹140 per share. The IPO is expected to be listed on the NSE.
When will Accent Microcell's IPO open?
The IPO is scheduled to open on December 8, 2023 for QIB, NII and retail investors.
What is Accent Microcell's IPO Investor Share?
The investor share is 50% for QIB, 15% for NII and 35% for Retail.
How to Apply Accent Microcell IPO?
You can apply for Accent Microcell IPO through ASBA online using your bank account. You can also apply for ASBA online via UPI through your stock broker. You can also apply through your stock broker by filling out the offline form.
How to conduct Accent Microcell IPO through Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “Accent Microcell.” Click the “Bid” button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a demat account with Zerodha.
How to do Accent Microcell IPO through Upstox?
Log in to the Upstox application with your credentials. Select the IPO. You will see the IPO name “Accent Microcell.” Click the “Bid” button. Confirm your application. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How to apply for Accent Microcell IPO through Paytm Money?
Log in to Paytm Money Application using your credentials. Select the IPO. You will see the IPO name “Accent Microcell.” Click the “Bid” button. Confirm your application. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a demat account with Paytm Money.
What is Accent Microcell IPO Size?
Accent Microcell's IPO size is ₹78.40 crores.
What is Accent Microcell's IPO price band?
The price range for Accent Microcell's IPO is ₹133 to ₹140 per share.
What is the minimum and maximum lot size for Accent Microcell IPO?
The IPO bid is 1000 shares at ₹140,000.
What is the allotment date for Accent Microcell IPO?
The allotment date for Accent Microcell's IPO is December 13, 2023.
What is Accent Microcell's IPO date?
The listing date of Accent Microcell is December 15, 2023. The IPO is scheduled to be listed on the NSE SME. Note: Accent Microcell IPO details will be officially announced. The IPO gray market premium (Accent Microcell IPO Premium) will be updated on the respective page. Check our IPO gray market page for daily updates.
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