
Emerging SME Services · NSE
Accent Microcell Limited, established on April 10, 2012, specializes in producing high-quality cellulose-based excipients used in the pharmaceutical, nutraceutical, food, and cosmetic industries. The company operates two advanced manufacturing facilities in Ahmedabad and Bharuch, enabling it to serve customers in India and over 45 countries worldwide, including the USA, Canada, Germany, UK, Japan, China, and many more. The company primarily manufactures Microcrystalline Cellulose (MCC), a fine white powder derived from purified wood pulp. MCC is widely used as a binder, bulking agent, and stabilizer in various industries. Accent Microcell offers 22 different grades of MCC, with particle sizes ranging from 20 to 180 microns. Their key product brands include "accel," "acrocell," "maccel," and "Vincel."
Price Band
₹133 – ₹140
Issue Size
₹78.40 Cr
Lot Size
1000 shares
GMP
+145.0%
Est. Listing
₹343
at current GMP
Subscribed
362.35x
overall
Open
8 Dec 2023
Close
12 Dec 2023
Allotment
14 Dec 2023
Refund
15 Dec 2023
Demat Credit
16 Dec 2023
Listing
15 Dec 2023
Designated Registrar: Kfin Technologies Limited
Allotment Date
14 Dec 2023
Basis finalization
Refunds Initiate
15 Dec 2023
Mandate release
Demat Credit
16 Dec 2023
Shares in demat
Listing Debut
15 Dec 2023
Trading begins
Accent Microcell Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹78.4 Crores. The shares are offered at a price band of ₹133 to ₹140 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-12-12, the basis of allotment is scheduled to be finalized on 2023-12-14. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.