Accent Microcell Limited
- IPO Date08 Dec, 2023 to 12 Dec, 2023
- Listing Date15 Dec, 2023
- Face Value₹10 per share
- Issue Price₹133 to ₹140 per share
- Lot Size1000 Shares
- Minimum Investment₹1,40,000
- Listing AtNSE SME
- Total Issue Size56,00,000 Shares
(aggregating up to ₹78.40 Cr) - Fresh Issue56,00,000 Shares
(aggregating up to ₹78.40 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,54,43,000
- Shareholding post issue2,10,43,000
IPO Dates
Closing Date
12 Dec, 2023
Initiation of Refunds
14 Dec, 2023
Listing Date
15 Dec, 2023
08 Dec, 2023
Opening Date
13 Dec, 2023
Basis of Allotment
14 Dec, 2023
Credit of Shares
Accent Microcell Limited Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 2000 | ₹2,80,000 |
| Retail (Min) | 1 | 1000 | ₹1,40,000 |
| Retail (Max) | 1 | 1000 | ₹1,40,000 |
Accent Microcell Limited Promoter Holding
The Promoters of the company are Mr. Vasant Vadilal Patel, Mr. Ghanshyam Arjanbhai Patel, Mr. Nitin Jasvantbhai Patel and Mr. Vinodbhai Manibhai Patel
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 73.13% | 53.67% |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 34.11% |
| ROCE | 26.46% |
| RoNW | 29.44% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 13.92 | 10.06 |
| P/E (x) | 13.92 | 10.06 |
Accent Microcell Limited COMPANY INFORMATION
Accent Microcell IPO is a book built issue of Rs 78.40 crores. The issue is entirely a fresh issue of 56 lakh shares. Accent Microcell IPO opens for subscription on December 8, 2023 and closes on December 12, 2023. The allotment for the Accent Microcell IPO is expected to be finalized on Wednesday, December 13, 2023. Accent Microcell IPO will list on NSE SME with tentative listing date fixed as Friday, December 15, 2023. Accent Microcell IPO price band is set at ₹133 to ₹140 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹140,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹280,000. Corporate Capitalventures Pvt Ltd is the book running lead manager of the Accent Microcell IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Accent Microcell IPO is Prabhat Financial Services. Refer to Accent Microcell IPO RHP for detailed information.
Incorporated on April 10, 2012, Accent Microcell Limited produces high-quality cellulose-based excipients mainly for the Pharmaceutical, Nutraceutical, Food, Cosmetic and other industries. The Company has carved a niche in producing high-quality cellulose-based excipients, that meet international quality standards. The company operates two state-of-the-art manufacturing facilities at Pirana Road in Ahmedabad and Dahej SEZ in Bharuch. These facilities have enabled the development of a robust global sales model, serving customers across India and in more than 45 countries worldwide, including the 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, and Greece.
The company specializes in the manufacture of Microcrystalline Cellulose ("MCC"), which is an odourless, fine white powder, a purified form of cellulose that's derived from the refinement of highly purified wood pulp. It is widely used as a texturizer, anticaking agent, binder, lubricant, bulking agent, and diluent, and finds a wide range of applications in Pharmaceutical, Nutraceutical, Food, Cosmetic and other industries. The company manufactures 22 grades of MCC, with particle sizes ranging from 20 microns to 180 microns. The major grades of MCC manufactured and marketed by the Company are branded "accel". Besides "accel", the company also sells products under the names "acrocell", "maccel", and "Vincel".
FAQs About Accent Microcell Limited
Accent Microcell Limited will open on 08 Dec, 2023 and close on 12 Dec, 2023. Investors must apply within this period to participate.
The Accent Microcell Limited price band is set between ₹133.00 and ₹140.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹140000.00.
The Accent Microcell Limited shares are expected to be listed on 15 Dec, 2023, subject to regulatory approvals and final allotment.
You can track your Accent Microcell Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Accent Microcell Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.