Accent Microcell Limited

Company Profile
Company Name Accent Microcell Limited
Open Date 08-12-2023
Close Date 12-12-2023
Exchange NSE SME
Lot Size 1000 Shares
Issue Price ₹133 to ₹140 per share
Issue Size 56,00,000 Equity Shares
Application Amount ₹ 1,40,000
Recommendation Apply
Accent Microcell Limited was originally incorporated in the year 2012 and has its registered office in Ahmedabad, Gujarat, India. The company’s primary focus is on manufacturing highquality cellulose-based excipients which predominantly find application in the Pharmaceutical, Nutraceutical, Food, Cosmetic and other Industries. The company has two state-of-the-art manufacturing facilities located at Pirana Road, Ahmedabad and Dahej, SEZ (Bharuch). As of 30th September 2023, the Company had 173 employees on its payroll basis and 161 employees on a contract basis.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Jun-23
Total Assets 8,070.44 9,461.03 11,409.68 12,214.88
Net Assets 2,663.02 3,209.32 4,419.91 5,125.44
Total Borrowings 3,063.76 2,409.53 2,278.23 2,105.73
Total Revenue 13,481.5 16,753.9 20,696.74 5,992.95
Profit After Tax 480.29 589.31 1,301.02 705.52

Tentative Timeline

Opening Date 08-12-2023
Closing Date 12-12-2023
Basis of Allotment 13-12-2023
Initiation of Refunds 14-12-2023
Credit of Shares to Demat 14-12-2023
Listing Date 15-12-2023

Objects of the Issue

To set up a plant at Navagam Keda
General Corporate Purpose.

Contact Information

Registered Office Accent Microcell Limited - 314, Shangrilla Arcade, Shyamal Cross Roads, Anandnagar Road, Satellite, Ahmedabad, 380015
Phone +91-7575803351

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 73.13%
Share Holding Post Issue (Promoters) 53.67%

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