Accent Microcell Limited IPO Message Board (Page 1)

Even though results are good why so much pressure? Any internal news? @experts

Where to check the results in their website?

Allotment out

It is stuck between 270-300
​@SJogi @MRavichandran Any view??

Ok tq, not a gd day for me I sold it today @317.95😔

Hold or sell

SETTLER 720 NSE
710 BSE
EXPECTED DOWN ONCE LISTING ,,,,,

Very good listing

today add 1 LOT

1/1

add 1 more

Investorzone.in..site rarely gives rating of 6/10.to any ipos. perticularly (SME ) IPOS.
it has given 6/10 ...rating to ACCENT Microcell ltd ...🙏

What to do hold or but more

Applied but...

Market crash ho gaya... Market crash ho gaya...

Any bulk deals today? Why so much pressure I thought it could hold 315 but failed and ended at lower circuit. Looks like it's best price for buying right. P/E still looks attractive

Accent microcell closed at lower circuit. Few of our investor brothers were talking about 500-1000 level. Is it justified for this scrip?? Is all the near term postives factored in cmp??? Senior members plz enlighten @Noorul​@LogoLokesh @newgen consultancy @COMMON MEN WAITING FOR ALLOTMENT @Manan Surana

+1

Exited day before yesterday....will re-enter at better price...it was bit high to hold at 300...my idea went in right direction after todays crash & monitoring of price movements on daily charts.
In the current scenario, it may correct deeper if lc sustains for atleast 8-9 days.
It is better to save your capital and enter at better price. It does not matter for sme if its a good fundamental with good game. Its totally operator game here. They try to trap innocent retail investors.
Keep minting!

detailed analysis:-
📌Accent Microcell's customers come from 45 different countries:- US , Canada , Germany , UK , Japan , China , Australia , Korea , Netherlands , Turkey , Vietnam , Italy , Indonesia , Poland , Egypt , France , Thailand , New Zealand , Brazil , Russia , Mexico , Chile , Zimbabwe , Denmark , Greece and many others.🔥🔥

📌ACE investor Manoj Agarwal✅ has taken 1.25L Preferential shares on August 21, 2023.(@ Rs.50)🚀🚀

📌📌 ➡️ ➡️
▪️Accent Microcell Limited✅ founded in 2012, manufactures cellulose-based excipients for pharmaceutical, nutritional supplements, food, cosmetics, and other industries.

▪️The company manufactures over 22 grades of MCC with particle sizes ranging from 20 to 180 microns.

▪️(MCC is an odorless, fine white powder & a purified form of cellulose, which is derived from refinement of highly purified wood pulp. It is widely used as texturizer, anticaking agent, binder, lubricant, a bulking agent, and diluent)

📍It is one of the Global leading manufacturers✅ of Microcrystalline Cellulose (MCC) (*Source: Research Report on Global Microcrystalline Cellulose (MCC) Industry). The Company has carved a niche in the production of high-quality cellulose-based excipients, that meet international quality standards.

▪️AML also manufactures co-processed excipients(unique formulations) and To meet the rising demand for co-processed excipients, the company offers "accel SMCC" as product, which is a co-processed blend of Microcrystalline Cellulose (MCC) & Colloidal Silicon Dioxide and it also offer "RC" as a product, which is a co-processed blend of Microcrystalline Cellulose with Carboxy Methyl Cellulose, to cater the growing market of the co-processed excipients.💫

📌The company's product portfolio includes:-

➢Under the Accel/Vincel brand names: Microcrystalline Cellulose (MCC) - Spray Dried/ Spin Flash Dried, Microcrystalline Cellulose Spheres (MCC Spheres), Silicified Microcrystalline Cellulose (SMCC), Powdered Cellulose (PC), Microcrystalline Cellulose with Carboxy Methyl Cellulose (Co-Processed).

➢Under the brand name Acrocell: Croscarmellose Sodium (CCS).

➢Under the brand name Maccel: Magnesium Stearate (Mg. St.).

📌Accent Microcell has two manufacturing facilities with a capacity of 8,000 metric tonnes✅:-

▪️Unit I:- Pirana facility is geared towards manufacturing MCC, SMCC, PC, and MCC with CMC (mostly domestic mkt).🔥

▪️Unit II:- Dahej SEZ facility is geared towards manufacturing MCC, MCC sphere, SMCC, and MCC with CMC for export to overseas customers.🔥

▪️Capacity Utilization:- 95-100%✅

▪️Their quality control process has resulted in certifications and approvals such as EXCiPACT, US-DMF, GMP, ISO 9001:2008, HACCP, KOSHER, HALAL & USP/NF, EP, BP, JP, IP, FCC, FSSC-22000, FSSAI etc.🔥

📌📌
▪️IPO price: Rs.140
▪️IPO size: 78.4CR
▪️CMP:Rs.315
▪️Market cap: 663 CR
▪️P/E: 24✅
▪️EPS:Rs.13.4 (annualized)
▪️52 Wk High:315
▪️52 Wk Low:285
▪️ROE: 34.11%
▪️ROCE: 26.46%
▪️RoNW: 29.44%
▪️Debt/Equity: 0.52
▪️Assets:122.15Cr
▪️Total Borrowing:21Cr (Reserves and Surplus:38.31Cr)
▪️Share Holding Pre Issue:73.13%
▪️Share Holding Post Issue:53.67%

📌FINANCIALS:
▪️FY24Q1 Rev: 59.9Cr🔥
▪️FY24Q1 PAT: 7.05 Cr🔥
▪️FY23 revenue is 206.96 CR as compared to 167.53 CR(FY22), 24%✅ growth yoy.
▪️FY23 PAT is 13.01 CR as compared to 5.89 CR(FY22), 120%✅ growth yoy.
▪️54%🔥 growth in revenue in last 2 years.
▪️171%🔥 growth in PAT in last 2 years.

(PAT margins of 3.62% (FY21), 3.56% (FY22), 6.37% (FY23), 12.00% (Q1-FY24)✅)

▪️REVENUE breakup:-
➢Pharmaceuticals- 72.74%
➢Nutraceuticals- 10.52%
➢Food- 16.73%

▪️PAT projections based on industry information and investor chatter:-
➢FY24: 28-30Cr
➢FY25: 33-35Cr
➢FY26: 80-100Cr 🔥

📌IPO funds:
From the net proceeds of the IPO funds, it will utilize Rs. 54.39Cr✅ for capital expenditure required for setting up plant (2400MTPA) at Navagam - Kheda, Gujarat for manufacturing Croscarmellose Sodium (CCS), Sodium Starch Glycolate and Carboxymethylcellulose (CMC), and the rest for general corporate purposes.

➢commercial production to start from March, 2025.🔥

📌PEERS:
The company has shown Sigachi Ind. As their listed peer. It is trading at a P/E of 43.51✅ (as of December 06, 2023). However, they are not truly comparable on an apple-to- apple basis.

📌CLIENTS:
Maruti Pharma Chem Pvt Ltd ,Direct Food Ingredients Limited, Pragati Raw Pharma Pvt Ltd, Jainishk Industries etc.

📌SECTOR GROWTH:

▪️The global microcrystalline cellulose (mcc) market was valued at $401.1 million in 2021, and is projected to reach $712.9 million by 2031, growing at a CAGR of 5.9% from 2022 to 2031.✅

▪️Pharmaceuticals Market size was valued at USD 209.85 billion in 2021 and is poised to grow from USD 222.4 billion in 2022 to USD 352.98 billion by 2030, growing at a CAGR of 5.9% in the forecast period (2023-2030).✅

▪️Market size of India pharmaceuticals industry is expected to reach US$ 65 billion by 2024, and ~US$ 130 billion by 2030. According to the government data, the Indian pharmaceutical industry is worth approximately US$ 50 billion with over US$ 25 billion of the value coming from exports.✅

▪️Robust demand for microcrystalline cellulose in personal care and cosmetic industry.💫

▪️ The Asia Pacific is emerging as the market leader for the microcrystalline cellulose (MCC) industry. This is attributed to the fast-growing population in the developing economies.🔥

📌STRENGTH:
➢Well versed and equipped with advance technology.💫
➢One of the leading manufacturers of MCC (cellulose based excipient) with over two decades experience.✅
➢Established Global presence.✅
➢Experienced Promoter and management team with strong industry expertise and successful track record.
➢Long term relationship with clients and repeat & diversified business.
➢Quality Certifications.✅

📌FUTURE PLAN:
▪️Establishing New Facility to meet the rising demand for CCS, SSG, and CMC.✅

▪️Increasing our Global presence.🔥

▪️Focus on quality.

▪️Diverse Product Portfolio & Quality Services.💫

📌Disclosure: Not a buy recommendation. only for study and education purpose. Please consult your financial advisor before investing. Please stop investing blindly. I have bought few lots at Rs.300.

Friday delivery is 99.83%....... informed investors took delivery .....let us see what next

Dear SJogi,
Please suggest🙏 on shri techtex, aatamaj health care and precision metalics.
Fundamental Good Or not, please advice.
Thanks

I have 4-5 Lakhs in FD. I want to Invest the money in SME IPO. But I got to know that the chances of allotment is very very less. Is there any way like Overdraft or Anything in any bank so that I can earn FD interest rate + if any allotment comes then it's ok. How can I do ?

I have not been allotted any shares. The company message also says that I have not been allotted any share and the amount is unblocked but even after almost more than 24 hours, still the money is not unblocked in my Bank of India account.
The bank says its not in our hand. The company has to release the amount.

Can anyone throw some light as what should I do now ?

Send an email to the registrar with details and cc that to the bank branch..

Hi all
Can anyone get third party allotment?

Thanks in advance

Anyone?

Nope. My HDFC asba says no allotment. While checking in kfin website it says pan not found so mostly application rejected.
Post applied i didn't receive any mails comms but amount was blocked.

Bought 2 lots @305 for long term, looks like weak hands are getting out

It has given some chance to long term investors😂. How many days is it take to sell todaying buying shares. Want to sell 1 lot as funds needed for main board ipos. Can I sell 1 lot on Monday? Pls share @experts

UC with good volume...

Bought for long term..its a 500 soon candidate..look at its PE viz a viz Sigachi..still undervalued.

​@COMMON MEN WAITING FOR ALLOTMENT  bhai aaka to nafa news iss bar buri tarah fail kar gaya.
₹370 ka gmp na ho ke ₹160 pr hi khula which is also a very good listing.
Aap kuch kehna chahenge is topic par??

Yes it failed there are more sellers one of ipo gurp also mentioned 300+ gmp listing but jo nasib me tha wo mila

​@COMMON MEN WAITING FOR ALLOTMENT Bhai after lesting buy kri skay ?

LISTED AT 300/-

Buy 1 lot in pre-open to Buy & forget till its Main board entry

Looks like listed under gmp, best to buy @300?