Accent Microcell Limited

About the company

## **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 Name| **Accent Microcell Limited Limited**|  | Accent Microcell Limited IPO Opening Date| **December 8, 2023** ---|---|---|---|--- Company Incorporated On|**2012**Accent Microcell Limited IPO Price band|**₹133 to ₹140 per share** ### ###

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   08 Dec 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   12 Dec 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   10 Dec 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   14 Dec 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   13 Dec 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   15 Dec 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.