Accent Microcell Limited IPO

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".