Accent Microcell IPO Details
Accent Microcell IPO is a book-built issue of Rs 78.40 crores, comprising an entirely fresh issue of 56 lakh shares. The key details of the IPO are as follows:
| Parameter | Details |
|---|---|
| IPO Opening Date | December 8, 2023 |
| IPO Closing Date | December 12, 2023 |
| Allotment Date | December 13, 2023 |
| Listing Date | To be announced |
| Face Value | ₹10 per share |
| Price Band | ₹133 to ₹140 per share |
| Lot Size | 1000 Shares |
| Issue Size | 5,600,000 shares |
| Fresh Issue | 5,600,000 shares |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker Portion | 280,000 shares |
IPO Reservation
The IPO offers 5,600,000 shares with reservations for different investor categories:
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor | 1,596,000 (28.50%) |
| Market Maker | 280,000 (5.00%) |
| QIB | 1,064,000 (19.00%) |
| NII (HNI) | 798,000 (14.25%) |
| Retail | 1,862,000 (33.25%) |
एसेंट माइक्रोसेल आईपीओ जीएमपी | Accent Microcell IPO GMP (Grey Market Premium)
| Price Range | Lot Size | Min. Investment | Bid Dates | Listing Date | GMP Yesterday (12 Dec 2023) | GMP Today (13 Dec 2023) | Expected Share Price | Expected Profit per Lot | Buy Y/N |
|---|---|---|---|---|---|---|---|---|---|
| ₹133-140 | 1000 | ₹140,000 | December 8-12, 2023 | December 15, 2023 | ₹202 | ₹202 | ₹342 | 200000 | Y |
| Date | GMP |
|---|---|
| 13-Dec-2023 | ₹202 |
| 12-Dec-2023 | ₹202 |
| 11-Dec-2023 | ₹190 |
| 10-Dec-2023 | ₹170 |
| 9-Dec-2023 | ₹160 |
| 8-Dec-2023 | ₹160 |
| 7-Dec-2023 | ₹125 |
| 6-Dec-2023 | ₹140 |
| 5-Dec-2023 | ₹120 |
| 4-Dec-2023 | ₹110 |
| 3-Dec-2023 | ₹110 |
| 2-Dec-2023 | ₹100 |
Anchor Investors Details
Accent Microcell IPO raised Rs 22.34 crores from anchor investors. The key details of anchor investment are:
- Bid Date: December 7, 2023
- Shares Offered: 1,596,000
- Anchor Portion Size (In Cr.): ₹22.34
- Anchor lock-in period end date for 50% shares (30 Days): January 25, 2024
- Anchor lock-in period end date for remaining shares (90 Days): April 18, 2024
IPO Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The table below shows the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹140,000 |
| Retail (Max) | 1 | 1000 | ₹140,000 |
| HNI (Min) | 2 | 2000 | ₹280,000 |
IPO Promoter Holding
The Promoters of Accent Microcell Limited are Mr. Vasant Vadilal Patel, Mr. Ghanshyam Arjanbhai Patel, Mr. Nitin Jasvantbhai Patel, and Mr. Vinodbhai Manibhai Patel.
- Share Holding Pre Issue: 73.13%
- Share Holding Post Issue: 53.67%
Financial Information (Restated Consolidated)
Accent Microcell Limited’s financial performance has shown significant growth between the financial year ending with March 31, 2023, and March 31, 2022.
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | ₹12,214.89 | ₹11,409.69 | ₹9,461.04 | ₹8,070.45 |
| Revenue | ₹5,992.95 | ₹20,696.75 | ₹16,753.97 | ₹13,481.59 |
| Profit After Tax | ₹705.53 | ₹1,301.02 | ₹589.31 | ₹480.29 |
| Net Worth | ₹5,125.44 | ₹4,419.91 | ₹3,209.32 | ₹2,663.02 |
| Reserves and Surplus | ₹3,831.14 | ₹3,125.61 | ₹1,919.02 | ₹2,232.92 |
| Total Borrowing | ₹2,105.73 | ₹2,278.23 | ₹2,409.53 | ₹3,063.76 |
Key Performance Indicator (KPI)
Accent Microcell IPO Market Cap is Rs 294.6 Cr and P/E (x) is 13.92.
| KPI | Values |
|---|---|
| P/E (x) | 13.92 |
| Post P/E (x) | 10.44 |
| Market Cap (₹ Cr.) | 294.6 |
| ROE | 34.11% |
| ROCE | 26.46% |
| Debt/Equity | 0.52 |
| EPS (Rs) | 10.06 |
| RoNW | 29.44% |
