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Accent Microcell Limited

Accent Microcell Limited

listed
₹1.33LMin. investment

Accent Microcell Limited IPO Details

Price range₹133 – ₹140
IPO type
SME
Lot size1000 shares
Issue size₹78.4Cr
RHP/DRHP
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Accent Microcell Limited Timeline

  1. Bid start
    8 Dec 2023
  2. Bid end
    12 Dec 2023
  3. Allotment
    10 Dec 2023
  4. Release of funds
    14 Dec 2023
  5. Demat transfer
    13 Dec 2023
  6. Listing
    15 Dec 2023

About  Accent Microcell Limited

Incorporated on April 10, 2012,with the primary focus on manufacturing of the high-quality cellulose-based excipients which predominantly find application in the Pharmaceutical, Nutraceutical, Food, Cosmetic and other industries.   Company has carved a niche in the production of high-quality cellulose-based excipients, that meet international quality standards. With their two state of the art manufacturing facilities located at Pirana Road, Ahmedabad and Dahej, SEZ (Bharuch), we have developed a strong global sales model, as we are serving customers across India and in more than 45 countries including USA, Canada, Germany, UK, Japan, China, Australia, Korea, Netherlands, Turkey, Vietnam, Italy, Indonesia, Poland, Egypt, France, Thailand, New ****Zealand, Brazil, Russia, Mexico, Chile, Zimbawe, Denmark, Greece and many others.

 They majorly manufacture Microcrystalline Cellulose (“MCC”). MCC is an odourless, fine white powder & a purified form of cellulose, which is derived from refinement of highly purified wood pulp. It is widely used as texturizer, anticaking agent, binder, lubricant, a bulking agent, diluent which finds a wide range of applications in Pharmaceutical, Nutraceutical, Food, Cosmetic and other industries. They manufacture 22 grades of MCC, with particle sizes ranging from 20 microns to 180 microns. The major grades of MCC manufactured and marketed by the Company are branded under the name “accel”. Besides “accel” we also sell our products under the name “acrocell”, “maccel” and “Vincel”.

They are a quality-focused Company and are committed to maintaining quality standards at all steps of the manufacturing cycle. The Company's manufacturing facilities are equipped with a quality control and assurance division, which conducts all necessary tests on the materials received, including raw materials used in manufacturing as well as finished goods.

Accent Microcell Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives

1) To Set up plant at Navagam Kheda for manufacturing Croscarmellose Sodium (“CCS”), Sodium Starch Glycolate and Carboxymethylcellulose (CMC); and

 2) General Corporate Expenses.

Here are key details about the Accent Microcell Limited IPO:

Company NameAccent Microcell Limited Limited Accent Microcell Limited IPO Opening DateDecember 8, 2023
Company Incorporated On2012Accent Microcell Limited IPO Price band₹133 to ₹140 per share

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Accent Microcell Limited Contact Details

Company NameAccent Microcell Limited

How to apply for Accent Microcell Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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