Home Business Accent Microcell IPO: Check Subscription Date, Price Band, Issue Price, And Extra

Accent Microcell IPO: Check Subscription Date, Price Band, Issue Price, And Extra

Accent Microcell IPO: Check Subscription Date, Price Band, Issue Price, And Extra


New Delhi: Investors have a possibility to subscribe to Accent Microcell’s Initial Public Offering (IPO) because it opens for subscription on Friday, December 8, and can stay open till Tuesday, December 12.

Accent Microcell IPO: Price Band

The IPO worth band is ready between Rs 133 to Rs 140. (Also Read: Spotify To Layoff 1500 Employees, CEO Says ‘Talented And Hard-Working People…’)

Accent Microcell IPO: Lot Size

The Accent Microcell’s preliminary public providing has rather a lot dimension of 1,000 shares. Interested buyers can bid for no less than 1,000 shares and in multiples thereof. (Also Read: Types Of Credit Cards In India: Check Features And Benefits)

Accent Microcell IPO: Face Value

The face worth of the fairness shares is Rs 10 every.

Accent Microcell IPO: Issue Price

The problem worth is established at 13.30 to 14.00 occasions the face worth for the decrease and higher worth bands.

Accent Microcell IPO: Key Details

The IPO, valued at ₹78.40 crore, is fully a recent problem of 5,600,000 fairness shares, with no provide on the market (OFS) element, as outlined within the Red Herring Prospectus (RHP).

Accent Microcell IPO: Allocation Breakdown

The allocation for the Accent Microcell IPO is structured with 15.96 lakh fairness shares for anchor buyers, 2.8 lakh for market makers, 10.64 lakh for Qualified Institutional Buyers (QIBs), 7.98 lakh for Non-Institutional Investors (NIIs), and 18.62 lakh for the Retail (RII) phase.

Accent Microcell IPO: GMP

As of the most recent studies, the Grey Market Premium (GMP) for Accent Microcell IPO stands at +110. This means that Accent Microcell share costs are presently buying and selling at a premium of Rs 110 within the gray market, based on data from investorgain.com.

Accent Microcell Limited: About

Accent Microcell Limited specializes within the manufacture of premium cellulose-based excipients, serving industries resembling meals, cosmetics, nutraceuticals, and prescription drugs.

Renowned for its manufacturing of superior cellulose-based excipients that meet international high quality requirements, the corporate operates from two superior manufacturing websites: Dahej SEZ in Bharuch and Pirana Road in Ahmedabad.


Content Source: zeenews.india.com


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