31 Mar 2021
Assets80.70
Total Income134.82
Profit After Tax4.80
NET Worth26.63
Reserves and Surplus22.33
Total Borrowing30.64
At a glance
Updated 2026-09-15The shares listed at ₹300.00, a 114.29% move from the issue price. Accent Microcell is a SME IPO with an issue size of ₹78.40 crore, proposed for listing on NSE SME. The offer opens on 8th Dec 2023 and closes on 12th Dec 2023. The issue structure includes a fresh issue of ₹74.48 crore. The current listing schedule points to 15th Dec 2023.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹78.40 Cr
Fresh issue₹74.48 Cr
Face value₹10
Price band₹133.00–₹140.00
Allotment13th Dec 2023
Listing15th Dec 2023
Listing performance
Full performance ↗Issue price₹140.00
Listing price₹300.00
Current price—
Listing gain114.29%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹203.00
GMP / upper price145.00%
Est. listing₹343.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens8th Dec 2023
Closes12th Dec 2023
Allotment13th Dec 2023
Refund14th Dec 2023
Demat14th Dec 2023
Listing15th Dec 2023
Subscription demand
Full bidding ↗Total362.41×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1000 | ₹140,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To Set up plant at Navagam Kheda for manufacturing Croscarmellose Sodium (CCS), Sodium Starch Glycolate and Carboxymethylcellulose (CMC) | ₹54.39 Cr |
| General Corporate Expenses | ₹17.90 Cr |
| Issue Expenses | ₹6.10 Cr |
| Total | ₹78.40 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue59.93₹ Cr · -71.0% vs prior year
PAT7.06₹ Cr · -45.7% vs prior year
Assets122.15₹ Cr · +7.1% vs prior year
Net Worth51.25₹ Cr · +16.0% vs prior year
Borrowing21.06₹ Cr · -7.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets94.61
Total Income167.54
Profit After Tax5.89
NET Worth32.09
Reserves and Surplus19.19
Total Borrowing24.10
31 Mar 2023
Assets114.10
Total Income206.97
Profit After Tax13.01
NET Worth44.20
Reserves and Surplus31.26
Total Borrowing22.78
30 Jun 2023
Assets122.15
Total Income59.93
Profit After Tax7.06
NET Worth51.25
Reserves and Surplus38.31
Total Borrowing21.06
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS10.06
Pre-IPO P/E13.92
Post-IPO P/E10.44
Promoter holding pre73.13%
Promoter holding post53.67%
Market cap₹294.60 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Accent Microcell IPO | — | 10.44 x | — | — |
| Shanti Inorganic IPO | — | 16.63 x | — | — |
| Devson Catalyst IPO | — | 12.81 x | — | — |
| Biopol Chemicals IPO | — | 14.58 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| To Set up plant at Navagam Kheda for manufacturing Croscarmellose Sodium (CCS), Sodium Starch Glycolate and Carboxymethylcellulose (CMC) | ₹54.39 Cr |
| General Corporate Expenses | ₹17.90 Cr |
| Issue Expenses | ₹6.10 Cr |
| Total | ₹78.40 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Corporate Capital Ventures Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-15.
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