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Accent Microcell Ltd

Accent Microcell Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹140
₹140
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹140
Based on GMP
Min. Investment
₹140,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
08 Dec 2023
Close Date
12 Dec 2023
Allotment
13 Dec 2023
Listing Date
15 Dec 2023
Exchange
NSE SME
Price Band
₹140
Listing Price
See chart
Allotment Status
Price Band
₹140
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
56,00,000 shares (aggregating up to ₹78.40 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
1,54,43,000 shares
Promoters
Post-IPO Holding
2,10,43,000 shares
Promoters
P/E (Pre)
13.92x
 
P/E (Post)
10.44x
 
EPS (Pre)
₹10.06
 
UPI Deadline
2023-12-12
Mandate
Anchor AllotmentThu, 07 Dec 2023
Basis of AllotmentWed, 13 Dec 2023
Refund InitiationThu, 14 Dec 2023
Demat CreditThu, 14 Dec 2023
Listing DayFri, 15 Dec 2023
UPI Mandate Deadline2023-12-12
Sale TypeFresh Capital
Net Offer to Public53,20,000 shares (aggregating up to ₹74.48 Cr)
Market Maker Quota2,80,000 shares (aggregating up to ₹3.92 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Accent Microcell Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Dec 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
280,000
₹3.92
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,600,000
100% ₹78.40
IPO Shares Offered
Accent Microcell Ltd IPO total issue size: ₹78.40 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 280,000 ₹3.92
5.00%
Total 5,600,000 ₹78.40
100.00%
* Based on upper price band ₹140 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹140.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹280,000
Retail (Max — 13 Lots)1313,000₹1,820,000
S-HNI (Min — 14 Lots)1414,000₹1,960,000
B-HNI (Min — 68 Lots)6868,000₹9,520,000
* Issue Price ₹140 × Lot Size 1,000 shares
IPO Schedule
Anchor
07 Dec 2023
✓ Done
IPO Open
08 Dec 2023
✓ Done
IPO Close
12 Dec 2023
✓ Done
Allotment
13 Dec 2023
✓ Done
Refunds
14 Dec 2023
✓ Done
Demat Credit
14 Dec 2023
✓ Done
Listing Day
15 Dec 2023
✓ Done
Accent Microcell Ltd — Live Price LIVE
₹140.00
INR · NSE
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Issue ₹140.00 Live Price
About Accent Microcell Ltd
Accent Microcell Limited, founded in 2012, manufactures cellulose-based excipients for pharmaceutical, nutritional supplements, food, cosmetics, and other industries.The company manufactures over 22 grades of MCC with particle sizes ranging from 20 to 180 microns, marketed under the brand names: Accel, Acrocell, Maccel, and Vincel.The products can be divided into two categories: Spray-dried products and Spin-flash-dried products. The company's product portfolio includes:Under the Accel/Vincel brand names: Microcrystalline Cellulose (MCC) - Spray Dried/ Spin Flash Dried, Microcrystalline Cellulose Spheres (MCC Spheres), Silicified Microcrystalline Cellulose (SMCC), Powdered Cellulose (PC), Microcrystalline Cellulose with Carboxy Methyl Cellulose (Co-Processed)Under the brand name Acrocell: Croscarmellose Sodium (CCS)Under the brand name Maccel: Magnesium Stearate (Mg. St.)Accent Microcell has two manufacturing facilities at Pirana Road, Ahmedabad, and Dahej, SEZ (Bharuch) with a capacity of 8,000 metric tonnes. The Pirana facility (Unit I) is geared towards manufacturing MCC, SMCC, PC, and MCC with CMC, while the Dahej, SEZ facility (Unit II) is geared towards manufacturing MCC, MCC sphere, SMCC, and MCC with CMC for export to overseas customers.The company's customers come from 45 different countries, including the US, Canada, Germany, the UK, Japan, China, Australia, Korea, the Netherlands, Turkey, Vietnam, Italy, Indonesia, Poland, Egypt, France, Thailand, New Zealand, Brazil, Russia, Mexico, Chile, Zimbabwe, Denmark, Greece and many others. 
Objects of the Issue
1
To Set up a plant at Navagam Kheda for manufacturing Croscarmellose Sodium ("CCS"), Sodium Starch Glycolate and Carboxymethylcellulose (CMC); and
2
General Corporate Expenses.
Accent Microcell Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹16,754.0
31 Mar 2022
₹20,696.8
31 Mar 2023
₹5,993.0
30 Jun 2023
Profit After Tax (PAT)
₹589.3
31 Mar 2022
₹1,301.0
31 Mar 2023
₹705.5
30 Jun 2023
Particulars30 Jun 202331 Mar 202331 Mar 2022
Revenue from Operations 5992.95 20696.75 16753.97
EBITDA N/A N/A N/A
Profit After Tax (PAT) 705.54 1301.02 589.31
Net Worth 5125.44 4419.91 3209.32
Total Assets 12214.89 11409.69 9461.04
Reserves & Surplus 3831.14 3125.61 1919.02
Borrowings 2105.73 2278.23 2409.53
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
34.11%
RoCE
26.46%
RoNW
29.44%
Debt/Equity
0.52
Issue Structure & Shareholding
Total Shares Offered56,00,000 (100.00%)
Net Offer to Public53,20,000 shares (aggregating up to ₹74.48 Cr)
Reserved for Market Maker2,80,000 shares (aggregating up to ₹3.92 Cr)
Pre-Issue Promoter Holding1,54,43,000 shares
Post-Issue Promoter Holding2,10,43,000 shares
P/BV RatioN/A
RoE34.11%
RoCE26.46%
Debt / Equity0.52
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Corporate Capitalventures Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Accent Microcell Ltd IPO subscribed?

Accent Microcell Ltd IPO is subscribed 1.00 times by Dec 12, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Accent Microcell Ltd IPO retail subscription status?

The Accent Microcell Ltd IPO retail category is subscribed 1.00 times as of 12 Dec 2023. The retail portion is oversubscribed.

How to subscribe Accent Microcell Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 08 Dec 2023 and closes 12 Dec 2023. Min investment: ₹140,000 (1 lot = 1,000 shares). UPI mandate: 2023-12-12.

How many times Accent Microcell Ltd IPO subscribed?

The Accent Microcell Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Accent Microcell Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 13 Dec 2023. Refunds: on 14 Dec 2023.

When Accent Microcell Ltd IPO will be listed?

The Accent Microcell Ltd IPO listing date is 15 Dec 2023, Friday. Listed on: NSE SME. Issue price: ₹140. Estimated listing: ₹140. GMP: NIL.

When Accent Microcell Ltd IPO close?

The Accent Microcell Ltd IPO closes on 12 Dec 2023, Tuesday. UPI mandate: 2023-12-12. Allotment: 13 Dec 2023. Listing: 15 Dec 2023.