
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
Overall Subscription
362.35x
Total Demand
QIB Multiplier
118.48x
Institutions & Funds
NII / HNI
577.01x
High Net-Worth
Retail (RII)
409.71x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,064,000 | 126,062,000 | 118.48x |
| NIB | 798,000 | 460,454,000 | 577.01x |
| RETAIL | 1,862,000 | 762,883,000 | 409.71x |
| Total | 3,724,000 | 1,349,399,000 | 362.35x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,960 | 803,032 | 409.71x |
| HNIs (10L +) | 13 | 7,501 | 577.01x |
| HNIs (2-10L) | 60 | 34,621 | 577.01x |
| Total Applications | 2,033 | 845,154 | 415.72x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Accent Microcell Limited IPO is ₹203 per equity share. Based on the upper price band of ₹133 to ₹140 per equity share, the estimated listing price is ₹343 (+145.0% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹203, the expected profit per application lot is approx ₹2,03,000 (+145.0% gain). Minimum application cost is approx ₹1,40,000.
The Accent Microcell Limited IPO aggregate issue size is ₹78.4 Crores with an equity price band set at ₹133 to ₹140 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 362.35x (Retail: 409.71x, QIB: 118.48x, NII: 577.01x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-12-14. Investors can verify status using PAN card or application number.
Accent Microcell Limited shares are scheduled to list on NSE on 2023-12-15.