Accent Microcell IPO allotment status is now available to check. The allotment date mentioned in the RHP document was 13th December. Kfin Technologies Pvt Ltd (Kfintech) is the registrar for the Initial Public Offering (IPO) of Accent Microcell Limited and will finalise the basis of allotment. The Rs 78.40 crore IPO consisting of sale of 56 lakh fresh equity shares has received record subscription with bids worth over Rs 18 thousand crore. Read more on that below. The IPO was open for subscription between 8th to 12th December 2023.
Update: Accent Microcell IPO allotment status updated on Kfintech link, you can check now.
Accent Microcell IPO allotment date and time
- Investors can expect the allotment status by 13th December night.
- Once the allotment is done, the initiation of refunds and credit of shares to the Demat accounts will be take place on 14th December 2023.
- The company aims to list on the NSE SME on 15th December 2023.
Where to check allotment Accent Microcell IPO allotment status?
You can check the allotment status by visiting the official website of Accent Microcell IPO registrar Kfin Technologies and also at BSE/NSE websites.
- Kfin Technologies IPO allotment status checking link- Click here
- BSE allotment status checking link – click here
How to check the allotment status?
You can check the allotment status by entering your PAN, application number of Demat account details at the Kfintech and BSE/NSE websites.
Record Subscription
The Accent Microcell Limited IPO has registered record subscription numbers riding the bull-rally in the IPO market. According to the reports, the Accent Microcell Limited IPO has received bids worth Rs 18,847.81 crore, becoming the first SME company to surpass Rs 15,000 crore subscriptions and crossing the previous record of Basilic Fly Studio.
- The issue was subscribed overall 361.51 times with retail portion at 408.21 times, NIIs portion at 576.60 times and QIBs portion being subscribed 118.48 times.
- The IPO received bids for a total of 1,34,62,72,000 shares against 37,24,000 shares offered. A total of 7,60,080 applications were received for the Accent Microcell Limited IPO as per the data.
- The IPO was entirely a fresh issue of 56 lakh shares aggregating up to Rs 78.40 cr at a price band of Rs 133 to Rs 140 per share at a face value of Rs 10 per share.
- The lot size was 1,000 shares, making the minimum investment per lot to Rs 1,40,000.
Founded in 2012, Accent Microcell Limited is manufacturer of cellulose-based excipients for pharmaceutical, nutritional supplements, food, cosmetics, and other industries.
