Open Date
08 Dec 2023
12 Dec 2023
1000 shares
₹ 78.40 Cr
Lot Size
IPO Size
Listing At
BSE NSE
Listing Date
Price Range
₹ 133 to 140
Close Date
Allotment Date
13 Dec 2023
15 Dec 2023
Established in 2012, Accent Microcell Limited manufactures high-quality cellulose-based excipients. These excipients are used in different industries including Pharmaceutical, Nutraceutical, Food, Cosmetics, and more. The company produces Microcrystalline Cellulose (“MCC”), which is an odorless, fine white powder & a purified form of cellulose and is used as texturizer, anticaking agent, binder, lubricant, a bulking agent, diluent for different industries. Accent Microcell produces 22 grades of MCC that range from 20 microns to 180 microns. A majority of these MCC are under the brand name “accel”. Apart from this, some popular brands under Accent Microcell include “acrocell”, “maccel” and “Vincel”.
Accent Microcell Limited plans to utilize the raised capital from the IPO to: ● To set up new plants at Navagam Kheda for manufacturing Croscarmellose Sodium ("CCS"), Sodium Starch Glycolate and Carboxymethylcellulose (CMC). ● General corporate purposes.
The book-running lead managers to the offer are: Corporate Capitalventures Pvt Ltd
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