Accent Microcell is set to launch its IPO on December 8, concluding on December 12. This NSE SME IPO aims to raise ₹78.40 crores, featuring a price band of ₹133 to ₹140 per share and a market lot of 1000 shares.
Accent Microcell Limited is a manufacturer of high-quality cellulose-based excipients that are mostly used in the food, cosmetic, pharmaceutical, and nutraceutical industries. The business has made a name for itself as a major participant in the industry and is well-known throughout the world as a top producer of Microcrystalline Cellulose (MCC). Renowned for its dedication to global quality standards, Accent Microcell runs two state-of-the-art manufacturing sites: Dahej, SEZ (Bharuch) and Pirana Road, Ahmedabad. With the help of this strong infrastructure, the business has developed a strong global sales strategy and is currently serving customers in India and more than 45 other countries. Several countries stand out among them, including the United States, Canada, Germany, the United Kingdom, Japan, China, Australia, Korea, Netherlands, Turkey, Vietnam, Italy, Indonesia, Poland, Egypt, France, Thailand, New Zealand, Brazil, Russia, Mexico, Chile, Zimbabwe, Denmark, Greece, and so on.
Accent Microcell IPO Date & Price Band Details
| IPO Open: | December 8, 2023 |
| IPO Close: | December 12, 2023 |
| IPO Size: | Approx ₹78.40 Crores, 5,600,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹133 to ₹140 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Accent Microcell IPO Market Lot
The Accent Microcell IPO minimum market lot is 1000 shares with a ₹140,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹140,000 |
| Retail Maximum | 1 | 1000 | ₹140,000 |
| S-HNI Minimum | 2 | 2000 | ₹280,000 |
Accent Microcell IPO Dates
The Accent Microcell IPO date is December 8 and the IPO close date is December 12. The IPO allotment date is December 13 and the IPO might list on December 15.
| IPO Open Date: | December 8, 2023 |
| IPO Close Date: | December 12, 2023 |
| Basis of Allotment: | December 13, 2023 |
| Refunds: | December 14, 2023 |
| Credit to Demat Account: | December 14, 2023 |
| IPO Listing Date: | December 15, 2023 |
Accent Microcell IPO Form
How to apply Accent Microcell IPO? You can apply Accent Microcell IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Accent Microcell IPO in the Invest section. The other option you can apply Accent Microcell IPO via IPO forms download via the NSE website.
