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Accent Microcell Limited IPO Date, Price, Review and Details

 

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Accent Microcell Limited IPO

December 08, 2023 - December 12, 2023 Closed

Accent Microcell Limited IPO

Accent Microcell Limited IPO was engaged in the company, established on April 10, 2012, focuses on producing top-notch cellulose-based ingredients used in Pharma, Food, Cosmetics, etc. Before incorporating, their promoters ran a similar business as a partnership named "M/s Accent Microcell Industries" since 2002. They make special ingredients called co-processed excipients by blending two or more to get unique qualities. To meet the demand, they offer "accel SMCC," a blend of Microcrystalline Cellulose and colloidal Silicon Dioxide, and another product called "RC." Their company prioritizes quality, ensuring high standards throughout manufacturing. Equipped with a dedicated quality division, their facilities conduct essential tests on all materials, from raw inputs to finished products.

Company Promoters:

·  Mr. Vasant Vadilal Patel
·  Mr. Ghanshyam Arjanbhai Patel
·  Mr. Nitin Jasvantbhai Patel
·  Mr. Vinodbhai Manibhai Patel

Objects of this Issue:

·  To Set up plant at Navagam Kheda for manufacturing Croscarmellose Sodium (“CCS”), Sodium Starch Glycolate and Carboxymethylcellulose.
·   General Corporate Expenses.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

11,409.69

9,461.04

8,070.45

Total Liabilities

1,844.72

6,251.72

5,407.43

Net Profit

1301.02

589.31

480.29

Accent Microcell Limited IPO Schedule 

1.     Bid or Offer Opens on: 08 December 2023

2.     Bid or Offer Closes on: 12 December 2023
3.     Finalization of BoA: 13 December 2023
4.     Initiation of Refunds: 14 December 2023
5.     Credit of shares to Demat account: 14 December 2023
6.     Listing Date: 15 December 2023

Accent Microcell Limited IPO Lot Size

The market lot size of Accent Microcell Limited IPO is 1600 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1000

₹140,000

Maximum

1

  1000

₹140,000

S-HNI(Minimum)

2

  2,000

₹280,000



Company Contact Details:

314, Shangrilla Arcade, Shyamal Cross Roads,

Anandnagar Road, Satellite, Ahmedabad,

Gujarat, 380015.

Phone: +91 - 7575803351

Email: cs@accentmicrocell.com

Website: www.accentmicrocell.com   

 

Accent Microcell Limited IPO Registrar Details:

KFIN TECHNOLOGIES LIMITED

Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District,

Nanakramguda, Serilingampally, Hyderabad – 500 032, Telangana

Telephone:  +91 40 6716 2222

Email: aml.ipo@kfintech.com

Website: www.kfintech.com



 

Frequently Asked Question

Companies go public to raise capital for business expansion, pay off debts, or allow early investors to sell their shares. It also provides liquidity and a valuation benchmark for the company.
Accent Microcell Limited IPO share price ₹133 to ₹140 per share.
The IPO price is usually determined through a combination of the company's valuation, market conditions, and the demand for its shares during the book-building process.
Lot size of the accent microcell pvt ltd is 1000 shares.
Post-issue shareholding of the Accent Microcell Limited IPO promoter is 53.67%.
If you do not get the allotment of on accent microcell pvt.ltd products, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The face value of Accent Microcell Limited IPO is ₹10 per share.
Opening date of Accent Microcell Limited IPO is December 08, 2023.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Pre-issue shareholding of the Accent Microcell Limited IPO promoter is 73.13%.
Accent Microcell Limited IPO shares will get listed on December 15, 2023.
Closing date of Accent Microcell Limited IPO is December 12, 2023.
Accent Microcell Limited IPO Shares will be listed at NSE SME.
The meaning of "Accent Microcell Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Accent Microcell Limited IPO on the current day.
IPO investments come with risks, such as market volatility, the potential for overvaluation, and the uncertainty of how the stock will perform initially. It's crucial to thoroughly research and understand the company's prospects before investing
You will receive on accent microcell private limited shares in your Demat account on December 13, 2023, if allotted.
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