Last updated on December 15, 2023
Accent Microcell IPO description – Accent Microcell stands among the global leaders in producing Microcrystalline Cellulose (MCC), a refined and odorless white powder derived from the purification of high-quality wood pulp cellulose. MCC plays a versatile role as a texturizer, anticaking agent, binder, lubricant, bulking agent, and diluent, finding extensive applications in Pharmaceutical, Nutraceutical, Food, Cosmetic, and various other industries.
Accent Microcell boasts a range of 22 MCC grades, featuring particle sizes spanning from 20 microns to 180 microns. The company’s flagship MCC products fall under the “accel” brand, complemented by offerings under the “acrocell,” “maccel,” and “Vincel” brands.
With cutting-edge manufacturing facilities at Pirana Road, Ahmedabad, and Dahej, SEZ (Bharuch), the company has an impressive installed capacity of 8,000 metric tonnes per annum. Another facility is currently developing at Navagam Kheda, with an anticipated capacity of 2,400 metric tonnes per annum, slated for commercialization by March 2025.
Accent Microcell has meticulously crafted a robust global sales model, extending its reach to customers in India and across more than 45 countries. This global presence reflects the company’s dedication to providing top-notch Microcrystalline Cellulose solutions worldwide.
Promoters of Accent Microcell – Mr. Vasant Vadilal Patel, Mr. Ghanshyam Arjanbhai Patel, Mr. Nitin Jasvantbhai Patel, and Mr. Vinodbhai Manibhai Patel
Table of Contents
Accent Microcell IPO Details
| Accent Microcell IPO Dates | 8 – 12 December 2023 |
| Accent Microcell Issue Price | INR 133 – 140 per share |
| Fresh issue | 56,00,000 shares (INR 74.48 – 78.40 crore) |
| Offer For Sale | Nil |
| Total IPO size | 56,00,000 shares (INR 74.48 – 78.40 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Accent Microcell Financial Performance
| FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 | |
| Revenue | 132.57 | 165.71 | 204.19 | 58.81 |
| Expenses | 128.81 | 159.95 | 191.48 | 51.65 |
| Net income | 4.80 | 5.89 | 13.01 | 7.06 |
Accent Microcell Offer News
- Accent Microcell RHP
- Accent Microcell Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Accent Microcell Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 3.72 | 4.57 | 10.06 |
| PE ratio | – | – | 13.22 – 13.92 |
| RONW (%) | 18.04 | 18.36 | 29.44 |
| ROE (%) | 19.00 | 20.07 | 34.11 |
| NAV | 61.92 | 74.21 | 34.19 |
| EBITDA (%) | 9.76 | 8.93 | 10.85 |
| Debt/Equity | 1.15 | 0.75 | 0.52 |
Accent Microcell IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 14 December 2023 | 200 | – | 151,500 |
| 13 December 2023 | 200 | – | 151,500 |
| 12 December 2023 | 200 | – | 151,500 |
| 11 December 2023 | 180 | – | 143,000 |
| 9 December 2023 | 150 | – | 120,000 |
| 8 December 2023 | 145 | – | 120,000 |
| 7 December 2023 | 125 | – | 102,000 |
| 6 December 2023 | 117 | – | 92,500 |
| 5 December 2023 | 110 | – | 87,000 |
| 4 December 2023 | 100 | – | 82,500 |
Accent Microcell IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,064,000 | 1,078,000 | 1,862,000 | 4,004,000 |
| 12 Dec 2023 | 118.48 | 427.14 | 409.71 | 337.01 |
| 11 Dec 2023 | 9.90 | 119.00 | 214.18 | 134.27 |
| 8 Dec 2023 | 7.12 | 38.78 | 60.01 | 40.24 |
Accent Microcell IPO Allotment Status
Accent Microcell IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Accent Microcell IPO Dates & Listing Performance
| IPO Opening Date | 8 December 2023 |
| IPO Closing Date | 12 December 2023 |
| Finalization of Basis of Allotment | 13 December 2023 |
| Initiation of refunds | 14 December 2023 |
| Transfer of shares to demat accounts | 14 December 2023 |
| IPO Listing Date | 15 December 2023 |
| Opening Price on NSE SME | INR 300 per share (up 114.29%) |
| Closing Price on NSE SME | INR 315 per share (up 125%) |
Accent Microcell Offer Lead Manager
CORPORATE CAPITAL VENTURES PRIVATE LIMITED
B1/E13, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi – 110044
Phone: +91 11 41824066
Email: [email protected]
Website: www.ccvindia.com
Accent Microcell Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Accent Microcell IPO Contact Details
ACCENT MICROCELL LIMITED
314, Shangrilla Arcade,
Shyamal Cross Roads, Anandnagar Road,
Satellite, Ahmedabad, Gujarat, 380015
Phone: 7575803351
E-mail: [email protected]
Website: www.accentmicrocell.com
IPO FAQs
What is the Accent Microcell offer size?
Accent Microcell offer size is INR 74.48 – 78.40 crores.
What is the Accent Microcell offer price band?
Accent Microcell public offer price is INR 133 – 140 per share.
What is the lot size of the Accent Microcell IPO?
Accent Microcell offer lot size is 1,000 shares.
What is Accent Microcell IPO GMP today?
Accent Microcell IPO GMP today is INR 200 per share.
What is the Accent Microcell kostak rate today?
Accent Microcell kostak rate today is INR NA per application.
What is Accent Microcell Subject to Sauda rate today?
Accent Microcell Subject to Sauda rate today is INR 151,500 per application.
