Accent Microcell IPO Mark your calendars as the much-anticipated Accent Microcell IPO is set to unfurl its subscription phase on December 8, continuing the investor journey until December 12. The IPO has set its price band at an enticing ₹133 to ₹140 per share, presenting an opportunity for enthusiasts to dive into a venture poised for cellulose-based excellence.
Subscription Window and Lot Size
The subscription window for the Accent Microcell IPO opens on December 8, offering investors a strategic window until December 12 to secure their stake in this cellulose-centric venture. With a lot size of 1,000 shares, investors can actively participate by bidding for a minimum of 1,000 shares and subsequently in multiples thereof.
Valuation Insights
Delving into the financial intricacies, the face value of each equity share stands at ₹10. The issue price, set between ₹133 and ₹140, reflects a valuation of 13.30 to 14.00 times the face value. This valuation spectrum at the lower and upper price bands unveils the intriguing investment proposition that Accent Microcell presents to potential stakeholders.
Anchor Investor Allocations
Ahead of the subscription window, the allocation to anchor investors is scheduled to unfold on Thursday, December 7, paving the way for strategic backers to position themselves before the IPO opens its doors to the wider investing community.
Accent Microcell: Pioneering Excellence in Cellulose-Based Excipients
Accent Microcell Limited emerges as a distinguished manufacturer specializing in premium cellulose-based excipients. With a primary focus on catering to the dynamic needs of the food, cosmetic, nutraceutical, and pharmaceutical industries, Accent Microcell has carved a niche for itself in the market. The company’s commitment to quality is mirrored in its cutting-edge manufacturing sites located at Dahej SEZ in Bharuch and Pirana Road in Ahmedabad.
Innovation and Global Quality Compliance
What sets Accent Microcell apart is its innovative approach to cellulose-based excipients, meeting and surpassing global quality requirements. The company’s dedication to superior production methods positions it as a frontrunner in delivering excellence across industries.