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Accent Microcell Ltd

Registered Office : 314 Shangrilla Arcade Shyamal-,Crs.Rd Anandnagar Rd Satellite,Ahmedabad Gujarat 380015 Phone : +91 75758 03351
Fax :

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

Opens On

Closes On

08-Dec-2023

12-Dec-2023

Money Payable On

Application

Allotment

140.00

0.00

Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

72.30

78.40

21.04

140.00

Corporate Capitalventures Pvt Ltd

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

KFin Techologies Ltd