Accent Microcell IPO Details | GMP, Date, Price, Review

Accent Microcell IPO

Table of Contents

Accent Microcell IPO Details ( Accent Microcell Limited IPO Review )

(8 Dec 2023 – 12 Dec 2023)

Accent Microcell Limited started its journey on April 10, 2012. Our focus is on manufacturing top-notch cellulose-based ingredients for various industries, including Pharmaceuticals, Nutraceuticals, Food, Cosmetics, and more. We take pride in producing cellulose-based ingredients that meet high international quality standards.

Our cutting-edge manufacturing facilities, located at Pirana Road in Ahmedabad and Dahej SEZ in Bharuch, play a crucial role in our success. These facilities have allowed us to establish a robust global sales model, reaching customers not only in India but also in over 45 countries worldwide. Our clientele spans across 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.

We specialize in producing Microcrystalline Cellulose (“MCC”), a refined, odorless, fine white powder derived from highly purified wood pulp. MCC serves various purposes, such as a texturizer, anticaking agent, binder, lubricant, bulking agent, and diluent. Its applications are diverse, spanning the Pharmaceutical, Nutraceutical, Food, Cosmetic, and other industries.

Our company offers 22 different grades of MCC, featuring particle sizes ranging from 20 microns to 180 microns. The key MCC grades we manufacture and market are branded as “accel.” In addition to “accel,” we also have products under the names “acrocell,” “maccel,” and “Vincel.”

Accent Microcell Limited Company Product

  • Microcrystalline Cellulose (MCC) – Spray Dryer / Spin Flash Dried
  • Microcrystalline Cellulose Spheres (MCC Spheres)
  • Silicified Microcrystalline Cellulose (SMCC)
  • Powdered Cellulose (PC)
  • Croscarmellose Sodium (CCS)
  • Magnesium Stearate (Mg. St.)
  • Microcrystalline Cellulose with Carboxy Methyl Cellulose (Co-Processed)

Accent Microcell Limited IPO Competitive Strength

  • Expansion in domestic & overseas market (Geographic Diversification)
  • One of the leading manufacturers of MCC (cellulose based excipient) with over a decade experience
  • Strategically located manufacturing facilities
  • Government Incentives
  • Strong supplier base for sourcing of raw materials/ products
  • Robust Quality and Service Standards
  • Quality Certifications

Accent Microcell IPO Financials Performance ( Results )

Accent Microcell Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of Accent Microcell IPO 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 Basic Details

IPO DateDec 8, 2023 to Dec 12, 2023
Listing DateFriday, December 15, 2023
Face Value₹10 per share
Price₹133 to ₹140 per share
Lot Size1000 Shares
Issue Size5,600,000 shares of ₹10
(aggregating up to ₹78.40 Cr)
Fresh Issue5,600,000 shares of ₹10
(aggregating up to ₹78.40 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue15,443,000
Share holding post issue21,043,000
Company PromotersMr. Vasant Vadilal Patel,
Mr. Ghanshyam Arjanbhai Patel,
Mr. Nitin Jasvantbhai Patel and
Mr. Vinodbhai Manibhai Patel

Accent Microcell IPO Reservation

QIB Shares Offered50% of the Net Issue
NII (HNI) Shares Offered15% of the Net Issue
Retail Shares Offered35% of the Net Issue

Accent Microcell IPO Timetable

Accent Microcell IPO will open on December 8, 2023 and close on December 12, 2023. You can join Accent Microcell IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date8 December 2023 (Friday)
Closing Date12 December 2023 (Tuesday)
Basis of Allotment13 December 2023 (Wednesday)
Initiation of Refunds14 December 2023 (Thursday)
Credit of Shares to Demat14 December 2023 (Thursday)
Listing Date15 December 2023 (Friday)
Deadline for UPI mandate confirmation5 PM on 12 December 2023

Accent Microcell IPO Lot Size

For retail investors in Accent Microcell IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.

Retail (Min)11000₹140,000
Retail (Max)11000₹140,000
S-HNI (Min)22000₹280,000

Accent Microcell IPO Promoter Holding

The company’s promoters include Mr. Vasant Vadilal Patel, Mr. Ghanshyam Arjanbhai Patel, Mr. Nitin Jasvantbhai Patel and Mr. Vinodbhai Manibhai Patel.

Pre Issue Share Holding73.13%
Post Issue Share Holding53.67%

Accent Microcell Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Earning Per Share (EPS)₹10.06 per Equity Share
Net Asset Value (NAV)₹34.19 per Equity Share
Post P/E Ratio (P/E) (x)13.92
Return on Net Worth (RoNW) (%)29.44
Return on equity (ROE) (%)34.11
Return on Capital Employed (ROCE) (%)26.46
Debt/Equity Ratio0.52

Accent Microcell Ltd Peer Comparison

Company NameConsolidated/
Accent Microcell
Peer Group
Sigachi Industries

Accent Microcell IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
13 December 2023₹148
12 December 2023₹140
11 December 2023₹140
10 December 2023₹130
9 December 2023₹135
8 December 2023₹135
7 December 2023₹140
6 December 2023₹140

Accent Microcell IPO Detail Video:

Accent Microcell IPO Subscription Status (Bidding Detail)

The Accent Microcell IPO on December 12, 2023 at 7:29:00 PM was subscribed 362.41 times, with the retail category being subscribed 409.95 times, the NII (Non-Institutional Investor) category being subscribed 576.70 times, QIB (Qualified-Institutional Buyers) category being subscribed 118.48 times.


Accent Microcell IPO Prospectus

Accent Microcell IPO DRHPDownload
Accent Microcell IPO RHPDownload
Accent Microcell IPO Anchor Investors Details PDFDownload

Accent Microcell IPO Rating

Our Rating4.0/5.0

Accent Microcell Company Contact Information

Accent Microcell Limited

Registered Office: 314, Shangrilla Arcade, Shyamal Cross Roads, Anandnagar Road, Satellite, Ahmedabad, Gujarat, 380015
Tel: +91 – 7575803351
Contact Person: Ms. Braham Pal Chhabra, Company Secretary and Compliance Officer
Company Promoter: Mr. Vasant Vadilal Patel, Mr. Ghanshyam Arjanbhai Patel, Mr. Nitin Jasvantbhai Patel and Mr. Vinodbhai Manibhai Patel

Accent Microcell IPO Registrar

Kfin Technologies Limited

Registered Office: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032, Telangana
Tel No.: +91 40 6716 2222
Toll Free No.: 1800 309 4001
Investor Grievances Email Id:
SEBI Registration No.: INR000000221
Contact Person: M Murali Krishna

Accent Microcell IPO Lead Manager

Corporate Capitalventures Private Limited

Registered Office: B1/E13, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi – 110044,
Tel: +91 11 – 41824066;
Investor Grievances Email id:
SEBI Registration: INM000012276
Contact Person: Mrs. Harpreet Parashar

Accent Microcell IPO FAQs

What is the lot size of Accent Microcell IPO?

The total size of Accent Microcell IPO is ₹78.40 crores and this is a complete fresh Issue.

When will Accent Microcell IPO start?

Accent Microcell IPO will open from 8 December 2023 and IPO will close on 12 December 2023.

What is the open date of Accent Microcell IPO?

Accent Microcell IPO will open date from 8 December 2023.

What is the last date ( close date ) of Accent Microcell IPO?

Accent Microcell IPO will close from 12 December 2023.

What is the price band of Accent Microcell IPO?

Accent Microcell IPO price band is ₹133 to ₹140. ( Upper Price Band: ₹140, Lower Price Band: ₹133 )

What is the minimum amount required to apply for Accent Microcell IPO?

The minimum investment for retailers to apply for Accent Microcell IPO is ₹140,000 and the maximum investment is ₹140,000.

What is going on gray market premium of Accent Microcell IPO?

View gray market premium of Accent Microcell IPO by Clicking Here

How much is the GMP of Accent Microcell IPO?

Watch Accent Microcell IPO GMP Today: Click Here

What is the allotment date of Accent Microcell IPO?

The allotment date of Accent Microcell IPO is 13 December 2023.

How to check allotment status in Accent Microcell IPO?

To check the allotment status of Accent Microcell IPO, first of all go to the registrar website by clicking here, select your bad Accent Microcell IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Accent Microcell IPO?

The listing date of Accent Microcell IPO is 15 December 2023.

How much will be the listing gain in Accent Microcell IPO?

View listing gain of Accent Microcell IPO by Clicking Here

How much time Accent Microcell IPO is subscribed?

Total 362.41 times subscribed in Accent Microcell IPO out of which 409.95 times subscription was done in retail quota, 576.70 times subscription in NII quota and 118.48 times subscription in QIB quota.

How to apply for Accent Microcell IPO from Upstox?

Click Here to see how to apply for Accent Microcell IPO from Upstox. (step by step)

How to apply for Accent Microcell PO from Zerodha?

Click Here to see how to apply for Accent Microcell IPO from Zerodha. (step by step)

How to apply for Accent Microcell IPO from Angle One?

Click Here to see how to apply for Accent Microcell IPO from Angle One. (step by step)

Leave a Reply

Your email address will not be published. Required fields are marked *