Accent Microcell Ltd
Price Range
₹133 - ₹140
Min. Quantity
1,000
Closes on
12 December 2023
Min. investment
₹1,40,000/1,000 Shares
Accent Microcell Ltd IPO Timeline
Accent Microcell Ltd was originally incorporated on April 10, 2012 as a Private Limited Company as “Accent Microcell Private Limited” with the Registrar of Companies, Gujarat. The Company converted from a Private Limited Company to Public Limited Company and , the name was changed to ‘Accent Microcell Limited’ and a Fresh Certificate of Incorporation was issued on December 23, 2022 by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Accent Microcell Ltd IPO Opening Date | 8 December 2023 |
| Accent Microcell Ltd IPO Closing Date | 12 December 2023 |
| Basis of Allotment | 13 December 2023 |
| Initiation of Refunds | 14 December 2023 |
| Credit of Shares to Demat | 14 December 2023 |
| Accent Microcell Ltd IPO Listing Date | 15 December 2023 |
Accent Microcell Ltd IPO Details
| Accent Microcell Ltd IPO Date | 8 December 2023 to 12 December 2023 |
| Accent Microcell Ltd IPO Face Value | ₹10 per share |
| Accent Microcell Ltd IPO Price | ₹133 to ₹140 per share |
| Accent Microcell Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹78.4 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹78.4 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Vasant Vadilal Patel, Ghanshyamm Arjanbhai Patel, Nitin Jasvantbhai Patel |
Accent Microcell Ltd IPO Lot Size
The Accent Microcell Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,40,000 |
| Maximum | 1 | 1,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoter and management team with strong industry expertise and successful track record.
- One of the leading manufacturers of MCC (cellulose based excipient) with over two decades experience.
- Established Global presence.
- Long term relationship with clients and repeat & diversified business.
- Versatile, Technically Sound operation Team, which understands creativity at its excellence.
- Well versed and equipped with advance technology.
- Track record of growth and profitability.
Company Financials
Accent Microcell Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 204.84 | 249.13 | 30.17 |
| 03-2023 | 110.69 | 199.76 | 12.23 |
| 03-2022 | 94.61 | 167.54 | 5.89 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of Capital Exp Requirements to Set up plant at Navagam Kheda for Mfg Croscarmellose Sodium ("CCS") Sodium Starch Glycolate & Carboxymethylcellulose (CMC)
- General corporate expenses
Accent Microcell Ltd IPO Promoter Holding
| Pre Issue Share Holding | 12.53% |
| Post Issue Share Holding | 9.19% |
Accent Microcell Ltd IPO Subscription Status (Bidding Detail)
The Accent Microcell Ltd IPO is subscribed 241.0502 times on 12 December 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 241.0502 |
Accent Microcell Ltd IPO Prospectus
Accent Microcell Ltd IPO Listing Date
| Listing Date | 15 December 2023 |
| BSE Script | 92465 |
| NSE Symbol | ACCENTMIC |
| Listing In | NSE - SME |
| ISIN | INE0Q5D01013 |
| IPO Price | ₹140 |
| Face Value | ₹10 |
Company Contact Information
314 Shangrilla Arcade Shyamal-Crs.Rd Anandnagar Rd Satellite,Ahmedabad-380015
Phone: +91 75758 03351
Email: cs@accentmicrocell.com
Website: www.accentmicrocell.com
Accent Microcell Ltd IPO Registrar
Accent Microcell Ltd IPO Lead Manager(s)
- Corporate Capitalventures Pvt Ltd
FAQ
What is the issue size of Accent Microcell Ltd IPO?
I have pre-applied for Accent Microcell Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.