Accent Microcell Limited is a manufacturer of high-quality cellulose-based excipients which predominantly find application in the Pharmaceutical, Nutraceutical, Food, Cosmetic, and other industries. The company is one of the Global leading manufacturers of Microcrystalline Cellulose (MCC).
The company has carved a niche in the production of high-quality cellulose-based excipients, that meet international quality standards. With the two state-of-the-art manufacturing facilities located at Pirana Road, Ahmedabad and Dahej, SEZ (Bharuch), they have developed a strong global sales model, as they are serving customers across India and in more than 45 countries including 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 mainly manufactures Microcrystalline Cellulose (āMCCā). MCC is an odorless, fine white powder & a purified form of cellulose, which is derived from the refinement of highly purified wood pulp. It is widely used as a texturizer, anticaking agent, binder, lubricant, bulking agent, and diluent which finds a wide range of applications in Pharmaceutical, Nutraceutical, Food, Cosmetic, and other industries. They manufacture 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 under the name āaccelā. Besides āaccelā we also sell our products under the name āacrocellā, āmaccelā and āVincelā.
Objects of the Issue:
- To Set up a plant at Navagam Kheda for manufacturing Croscarmellose Sodium (“CCS”), Sodium Starch Glycolate and Carboxymethylcellulose (CMC); and
- General Corporate Expenses.
Accent Microcell IPO Review
- Apply
Accent Microcell IPO Date & Price Band Details
| IPO Open: | December 8, 2023 |
| IPO Close: | December 12, 2023 |
| IPO Size: | Approx ā¹78.40 Crores, 5,600,000 Equity Shares |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹133 to ā¹140 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 |
Accent Microcell IPO Market Lot
The Accent Microcell IPO minimum market lot is 1000 shares with a ā¹140,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ā¹140,000 |
| Retail Maximum | 1 | 1000 | ā¹140,000 |
| S-HNI Minimum | 2 | 2000 | ā¹280,000 |
Accent Microcell IPO Dates
The Accent Microcell IPO date is December 8 and the IPO close date is December 12. The IPO allotment date is December 13 and the IPO might list on December 15.
| IPO Open Date: | December 8, 2023 |
| IPO Close Date: | December 12, 2023 |
| Basis of Allotment: | December 13, 2023 |
| Refunds: | December 14, 2023 |
| Credit to Demat Account: | December 14, 2023 |
| IPO Listing Date: | December 15, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Accent Microcell IPO Form
How to apply Accent Microcell IPO? You can apply Accent Microcell IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Accent Microcell IPO in the Invest section. The other option you can apply Accent Microcell IPO via IPO forms download via the NSE website. Check out the Accent Microcell forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Accent Microcell Company Financial Report
| ā¹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ā¹134.82 | ā¹128.81 | ā¹4.80 |
| 2022 | ā¹167.54 | ā¹159.95 | ā¹5.89 |
| 2023 | ā¹206.97 | ā¹191.48 | ā¹13.01 |
| 2024 3M | ā¹59.93 | ā¹51.65 | ā¹7.06 |
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): | ā¹10.06 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 29.44% |
| Net Asset Value (NAV): | ā¹34.19 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: [email protected]
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: [email protected]
Website: https://accentmicrocell.com/





5 Responses
Hello, any idea when will be the allotment be done?
It will be today, you either get the sms of unblocking or allotted shares.
By what time allotment will be done?
Today night or tommorrow morning
How to trade this in ICICI direct in case Sam is alloted?