Accent Microcell Limited IPO

Accent Microcell Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹133–₹140 per share. The stock debuted at ₹300, delivering a listing gain of 114.3%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,40,000.

Accent Microcell Limited IPO

NSE SME Listed
₹1,40,000 (1000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 8, 2023 – Dec 12, 2023
Price band
₹133-140 per equity share
Minimum Investment
₹1,40,000
Issue size
Fresh Issue: 5,600,000 shares (aggregating up to ₹78.40 Cr)
Lot size
1000
Allotment Date
Dec 13, 2023
Listing
Dec 15, 2023
Listing At
NSE SME

IPO timeline

  1. Dec 8, 2023

    Open Date

    Completed

  2. Dec 12, 2023

    Close Date

    Completed

  3. Dec 13, 2023

    Allotment Date

    Completed

  4. Dec 15, 2023

    Listing Date

    Completed

Accent Microcell Limited IPO Essentials

Accent Microcell Limited IPO Details

Accent Microcell Limited IPO is priced at ₹133-140 per share with a total issue size of Fresh Issue: 5,600,000 shares (aggregating up to ₹78.40 Cr). The IPO has a lot size of 1000 shares and is listed on NSE SME.

Issue price
₹133 to ₹140 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share 
Issue size
Fresh Issue: 5,600,000 shares (aggregating up to ₹78.40 Cr)
Listing at
NSE SME
List price
300.0
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Corporate Capitalventures Pvt Ltd

Accent Microcell Limited IPO Details

  • Retail Portion 35%

Accent Microcell Limited IPO Documents

Accent Microcell Limited IPO Analytics

Accent Microcell Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Accent Microcell Limited IPO Subscription Status

Accent Microcell Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 1,064,000 / 798,000 1,862,000 3,724,000
Day 1 08-12-23 06:00 PM
(7.12 / 52.78) x 62.17 x 44.43 x
Day 2 11-12-23 06:00 PM
(9.90 / 161.02) x 218.12 x 146.39 x
Day 3 12-12-23 06:00 PM
(118.48 / 577.01) x 409.71 x 362.35 x

Accent Microcell Limited Valuations

Earnings

EPS (Post IPO)
₹10.06/-
P/E Ratio
13.92

Returns

RoNW
29.44%

Data sourced from DRHP / RHP • For educational purposes only

Accent Microcell Limited Financials( In Lakhs)

30-Jun-23 31-Mar-23 31-Mar-22 31-Mar-21
Assets 12,214.89 11,409.69 9,461.04 8,070.45
Revenue 5,992.95 20,696.75 16,753.97 13,481.59
Profit After Tax 705.53 1,301.02 589.31 480.29

Accent Microcell Limited Company & Offer Insights

About Accent Microcell Limited

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".

Accent Microcell Limited Promoter(s)

Mr. Vasant Vadilal Patel, Mr. Ghanshyam Arjanbhai Patel, Mr. Nitin Jasvantbhai Patel, Mr. Vinodbhai Manibhai Patel are the company's promoters of Accent Microcell Limited.

Accent Microcell Limited IPO Issue Objectives

To Set up a plant at Navagam Kheda for manufacturing Croscarmellose Sodium (CCS), Sodium Starch Glycolate and Carboxymethylcellulose (CMC)
General Corporate Expenses.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Accent Microcell Limited IPO is a book-built IPO worth ₹Fresh Issue: 5,600,000 shares (aggregating up to ₹78.40 Cr). The price band is ₹133–₹140 per share. The IPO opens on Dec 8, 2023 and closes on Dec 12, 2023. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.

The price band of Accent Microcell Limited IPO is ₹133 to ₹140 per share.

The lot size of Accent Microcell Limited IPO is 1000 shares.

The minimum investment for Accent Microcell Limited IPO is approximately ₹1,40,000 based on the upper price band .

Accent Microcell Limited IPO opens on Dec 8, 2023 and closes on Dec 12, 2023.

The allotment date of Accent Microcell Limited IPO is Dec 13, 2023.

Accent Microcell Limited IPO is expected to be listed on Dec 15, 2023, on NSE SME Platform.

Accent Microcell Limited IPO valuation snapshot: P/E 13.92, EPS ₹10.06/-, P/B N/A, RoNW 29.44%, and market cap N/A.

To apply for Accent Microcell Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Accent Microcell Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Accent Microcell Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Accent Microcell Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Accent Microcell Limited IPO allotment status on IPO Ji for quick and easy access.