IPO Synopsis

Accent Microcell Ltd
Registered Office: 314 Shangrilla Arcade Shyamal-,Crs.Rd Anandnagar Rd Satellite,Ahmedabad-380015, Gujarat
Tel. No: +91 75758 03351
Fax No:
Email: cs@accentmicrocell.com
Website: www.accentmicrocell.com
Public issue of 56,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Accent Microcell Limited (the "Company" or the "Issuer") for cash at a price of Rs. 140 per equity (the "Issue Price") aggregating to Rs. 78.40 crores ("The Issue") comprising of a fresh issue of 56,00,000 equity shares aggregating to Rs. 78.40 crores (the "Fresh Issue") of which 2,80,000 equity shares aggregating to Rs. 3.92 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 53,20,000 equity shares aggregating to Rs. 74.48 crores (the "Net Issue"). The issue and the net issue will constitute 26.61% and 25.28% respectively of the post issue paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
08-Dec-2023 12-Dec-2023 ₹140.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of :1000
(₹ Cr) Lead Managers to the Issue
Project Cost 72.30 Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer 78.40
Post Issue Equity Share Capital 21.04
Issue Price 140.00
Projects
Funding of Capital Exp Requirements to Set up plant at Navagam Kheda for Mfg Croscarmellose Sodium ("CCS") Sodium Starch Glycolate & Carboxymethylcellulose (CMC)
General corporate expenses
Promoted By
Vasant Vadilal Patel
Ghanshyamm Arjanbhai Patel
Nitin Jasvantbhai Patel
Listing At
NSE - SME
Registrar To The Issue