Accent Microcell IPO Overview:
Get ready for the Accent Microcell IPO, set to open on December 8 and close on December 12. This NSE SME IPO aims to raise ₹78.40 crores, offering shares at a price band of ₹133 to ₹140, with a market lot of 1000 shares.
Accent Microcell Limited stands out as a premier manufacturer of high-quality cellulose-based excipients, with a primary focus on the Pharmaceutical, Nutraceutical, Food, Cosmetic, and other industries. Renowned globally, the company holds a prominent position as one of the leading manufacturers of Microcrystalline Cellulose (MCC).
Distinguished for producing top-notch cellulose-based excipients meeting international quality standards, Accent Microcell operates from two state-of-the-art manufacturing facilities located at Pirana Road, Ahmedabad, and Dahej, SEZ (Bharuch). Their global reach spans across India and more than 45 countries, serving customers 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, Greece, and many others.
The company specializes in the manufacturing of Microcrystalline Cellulose (“MCC”), a refined, odorless, and fine white powder derived from highly purified wood pulp. MCC serves various applications as a texturizer, anticaking agent, binder, lubricant, bulking agent, and diluent, finding utility in Pharmaceutical, Nutraceutical, Food, Cosmetic, and other industries. Accent Microcell manufactures 22 grades of MCC, featuring particle sizes ranging from 20 microns to 180 microns. The key grades of MCC are marketed under the brand name “accel,” along with other brand names such as “acrocell,” “maccel,” and “Vincel.” As Accent Microcell steps into the IPO market, it brings a legacy of excellence and global recognition in the cellulose-based excipients industry.
Purpose of the Offering:
- Establishing a facility in Navagam Kheda for the production of Croscarmellose Sodium (“CCS”), Sodium Starch Glycolate, and Carboxymethylcellulose (CMC); and Covering general corporate expenditures.
Accent Microcell IPO Review (Apply or Not)
- Apply
Accent Microcell IPO: Information on Date and Price Band.
| IPO Open: | 8-December-2023 |
| IPO Close: | 12-December-2023 |
| IPO Size: | Approx ₹78.40 Crores, 5,600,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹133 to ₹140 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
The market lot for Accent Microcell IPO
To get in on the Accent Microcell IPO, the smallest investment package consists of 1000 shares, requiring an application amount of ₹140,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹140,000 |
| Retail Maximum | 1 | 1000 | ₹140,000 |
| S-HNI Minimum | 2 | 2000 | ₹280,000 |
Accent Microcell IPO:: Allotment and Listing Dates.
Mark your calendars for the Accent Microcell IPO! It opens its doors on December 8 and welcomes investors until December 12. The IPO allotment results are expected to be revealed on December 13, with the exciting possibility of the IPO being listed on December 15.
| IPO Open Date: | 8-December-2023 |
| IPO Close Date: | 12-December-2023 |
| Basis of Allotment: | 13-December-2023 |
| Refunds: | 14-December-2023 |
| Credit to Demat Account: | 14-December-2023 |
| IPO Listing Date: | 15-December-2023 |
You may monitor the subscription status and allotment status of the IPO on their respective pages.
Applying for Accent Microcell IPO:
Looking to participate in the Accent Microcell IPO? It’s a straightforward process! Firstly, utilize the ASBA (Application Supported by Blocked Amount) facility through your bank account. Simply log in to your online banking, go to the Invest section, and choose the Accent Microcell IPO for your application.
Alternatively, you have the option to go the traditional route by downloading IPO forms directly from the NSE website. Click on NSE IPO Forms, grab the Accent Microcell forms, fill them out, and then either submit them at your bank or hand them over to your broker. It’s as simple as that!
Accent Microcell Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 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 Valuation – FY2023
Check Accent Microcell IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹10.06 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 29.44% |
| Net Asset Value (NAV): | ₹34.19 per Equity Share |
Peer Group
- Sigachi Industries Limited
Company Promoters
- Mr. Vasant Vadilal Patel
- Mr. Ghanshyam Arjanbhai Patel
- Mr. Nitin Jasvantbhai Patel
- Mr. Vinodbhai Manibhai Patel
Accent Microcell IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: aml.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Accent Microcell IPO Allotment Status
Check Accent Microcell IPO allotment status on KFintech website URL. Click Here
Accent Microcell IPO Lead Managers aka Merchant Bankers
- Corporate Capitalventures Pvt Ltd
Company Address
Accent Microcell Limited
314, Shangrilla Arcade,
Shyamal Cross Roads,
Anandnagar Road, Satellite, Ahmedabad, 380015
Phone: +91-7575803351
Email: cs@accentmicrocell.com
Website: https://accentmicrocell.com/
