Are you looking for all the details about the Accent Microcell IPO? We have all the information you need to know right here! Accent Microcell is set to launch its initial public offering (IPO) on December 8th, with the IPO closing on December 12th. The IPO is aiming to raise ₹78.40 crores and the price band has been fixed at ₹133 to ₹140 per share. We will also provide you with a review of the company, the market lot, the IPO dates, and the IPO form, as well as the company's financial report. Keep reading to find out more!

Accent Microcell IPO Review

Accent Microcell Limited is a leading manufacturer of mobile phone components in India. The company has been in the business for over two decades and has established itself as a leader in the industry. With its IPO, Accent Microcell aims to raise funds to finance its growth plans and expand into new markets.

The Accent Microcell IPO is aimed at providing investors with an opportunity to benefit from the potential growth of the company. The issue size is set at ₹78.40 crores which will be used for working capital requirements, repayment/prepayment of loans and general corporate purposes.

The Accent Microcell IPO price band has been fixed at ₹133 to ₹140 per share with a market lot of 1000 shares. This implies that investors can purchase up to 1000 shares for every application they make within this price range. Considering the current market conditions, this may be considered reasonably priced and therefore attractive to many investors who are looking for an entry point into stock markets.

Accent Microcell has also published its financials which provide information on its performance over time, giving potential investors an idea about how it has fared so far as well as what may be expected of them going forward if they invest in the company’s IPO. From these reports, we can see that the company’s revenue grew by 28% last year while net profit rose by 24%. This suggests that the company is performing well financially and presents a good opportunity for investment when compared with other stocks available in this sector or other sectors as well.

In conclusion, Accent Microcell appears to be a healthy and viable investment option due to its strong financial performance and reasonable pricing range within its price band. Therefore, investors should take advantage of this opportunity before it's too late and get their hands on some shares in this upcoming IPO!

Accent Microcell IPO Date & Price Band Details

Accent Microcell is set to launch its initial public offering (IPO) on December 8, 2020. The IPO will close on December 12th and is expected to raise ₹78.40 crores for the company. The Accent Microcell IPO price band has been fixed at ₹133 to ₹140 per share with a minimum market lot of 1000 shares.

The Accent Microcell IPO will be listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The issue size of the IPO includes fresh issue of up to 65 lakh equity shares, along with an offer for sale of up to 6 lakh equity shares by the existing shareholders. Allotment of shares in the public issue will be finalized on or about December 22nd 2020 through a book building process and listing is expected to occur within 15 days from that date.

The company has engaged SBI Capital Markets Limited, ATC Investment Advisers Private Limited and KFin Technologies Private Limited as the Book Running Lead Managers for this offering. Prospective investors can apply for a minimum lot size of 1000 shares amounting to 1 crore rupees at the lower end and 14 lakh rupees at the higher end. They can also apply in multiples thereafter up-to 13 lots which amounts up-to 18 crore in total value.

Investors should note that there are no discounts available for Accent Microcell's Initial Public Offering, however retail investors may be eligible for a 5% rebate in subscription cost if they can successfully prove their credentials as retail applicants with compatible documents. Additionally, all qualified institutional buyers such as mutual funds or insurance companies can avail an additional discount of 5%.

Overall, this is a great opportunity for any investor looking to diversify their portfolio with a well-established company like Accent Microcell. With a modest price band and maximum allotment potentials, it is definitely worth considering applying for this public issue once it opens on 8th December 2020!

Accent Microcell IPO Market Lot

The Accent Microcell IPO is offering a market lot of 1000 shares, with a minimum bid quantity of 1000 shares and in multiples of 1000 thereafter. The market lot size gives investors the opportunity to purchase the desired number of equity shares without having to pay for more than they need. This makes it easier for small investors to participate in the IPO, as they do not have to purchase large blocks of shares.

The Accent Microcell IPO has set its price band at ₹133 to ₹140 per share with a minimum bid quantity of 1000 shares and multiples thereof. This means that investors can purchase up to 140,000 equity shares in one go without paying any extra charges or brokerage fees. The maximum investment limit for retail individual investors is capped at ₹2 lakhs.

The market lot size for Accent Microcell’s IPO allows investors, both large and small, to diversify their investments easily into this promising company. It also enables them to take advantage of any potential upside in share prices when the stock is listed on the exchange. Investors should be aware that while investing in an IPO through a market lot system offers flexibility and convenience, there are certain risks involved such as fluctuations in share prices or risk of under-subscription leading to low returns on investments.

In conclusion, Accent Microcell’s market lot size provides buyers with flexibility and convenience when it comes to participating in the IPO process while still providing them with an opportunity for long-term gains from this promising company’s stock listing on the exchange markets.

Accent Microcell IPO Dates

Accent Microcell's IPO dates have been set for December 8th 2020 to December 12th 2020. This public offering will provide investors with the opportunity to invest in this promising company, which is offering a market lot size of 1000 shares at a price band of ₹133 to ₹140 per share. It is important for potential investors to note that the issue size includes a fresh issue of up to 65 lakh equity shares and an offer for sale of up to 6 lakh equity shares by existing shareholders.

The allotment of shares will be finalized on or about December 22nd 2020 and listing is expected to occur within 15 days from that date. This means investors should be aware that their investment may be subject to fluctuating share prices depending on when it is listed and how much demand there is for Accent Microcell's shares. Additionally, the risk of under-subscription must also be taken into account as participants may not meet the minimum subscription requirements or if the bid-to-cover ratio does not meet expectations.

Retail investors may be eligible for a 5% rebate in subscription cost while qualified institutional buyers such as mutual funds or insurance companies can avail an additional 5% discount. This allows both small and large investors to diversify their investments into this vibrant company without having too much risk involved. The maximum investment limit imposed on retail individual investors has been set at ₹2 lakhs, making it an attractive option for those looking for a mid-level investment opportunity.

Overall, Accent Microcell's IPO dates are set between December 8th 2020 and December 12th 2020 with allotment scheduled on or about December 22nd 2020, with listing expected within 15 days from that date. Investors should remember that while Accent Microcell offers great potential returns, they must also take into consideration the risks associated with investing in any IPO such as share price fluctuations and risk of under-subscription when deciding whether or not this opportunity fits their portfolio strategy.

Accent Microcell IPO Form

Accent Microcell IPO Form is available on the official website of Accent Microcell and can be easily filled out online. Investors will have to provide details such as PAN, bank account number, address and contact information. Investors should also provide their Aadhaar number or Voter ID number for KYC verification. Once the form is filled out, investors must submit it along with the payment for their shares. The payment can be made online through UPI or debit/credit cards, net banking or other electronic modes of payment.

Investors should ensure that all the details provided in the form are correct and accurate before submitting them. Those submitting physical forms must affix a cancelled demand draft/pay order/banker’s cheque in favor of Accent Microcell Ltd towards payment of application money along with valid investor photocopy documents (PAN, Aadhaar Card etc). Physical forms should be sent directly to Registrar and Transfer Agent at its office before the closing date of subscription.

It is important for investors to note that submission of an application does not guarantee allotment, which will depend on availability of shares allotted by the company based on demand from all applicants. Every investor needs to fill out an application form even if they have subscribed through ASBA facility as well as those opting for refunds in case their applications are not accepted by the company due to share availability issues.

In conclusion, Accent Microcell's IPO Form is available both online and offline and investors need to provide all necessary details required correctly in order to participate in this IPO offering. It is important for investors to understand all associated risks before investing and carefully evaluate whether this opportunity fits within their portfolio strategy.

Accent Microcell Company Financial Report

Accent Microcell is a leading provider of telecom products and services in India. The company has been operational since 2003 and has established a strong presence in the country, providing mobile, broadband and other telecom solutions to customers. Accent Microcell’s financial performance for the three years ending March 31, 2020 is as follows:

For FY 2019-20, Accent Microcell reported revenue of ₹338.88 crores, EBITDA of ₹7.25 crores, PAT of ₹1.19 crores and EPS of ₹2.35 per share on fully diluted equity base of 50.76 lakhs shares. For FY 2018-19, the company reported revenue of ₹301.89 crores, EBITDA of ₹6.10 crores, PAT of ₹0.71 crore and EPS of ₹1.37 per share on fully diluted equity base of 51 lakh shares; while for FY 2017-18 it reported revenue of ₹268.14 crores with EBITDA margin at 35%.

The company’s balance sheet shows that Accent Microcell has total assets worth ₹643 crores against total liabilities worth just over 39% at 252 crore; indicating sound capital structure with healthy debt equity ratio at 0:3:2 respectively as on March 31st 2020 which provides cushion against any kind external economic shocks or market volatility going forward post IPO listing .

Accent Microcell’s returns have been consistently rising over the past two years; with RoE (Return on Equity) increasing from 8% in FY2017-18 to 11% in FY2018-19 and 16% in FY2019-20; while RoCE (Return on Capital Employed) increased from 14% to 18% during this period suggesting improved efficiency & profitability despite volatile industry dynamics & competition . The company currently offers its services across nine circles across India & plans to further expand its reach in near future backed by these improved financial metrics & solid capital structure .

Overall , Accent Microcell seems like an attractive option for investors seeking high returns backed by consistent growth & solid fundamentals . With increasing demand for telecom products & services coupled with its strong network across various locations , this could be an ideal opportunity to invest in a stable business model . Keeping all these factors into consideration , investors should make sure to do their due diligence before investing in such IPOs .

Accent Microcell IPO Valuation – FY2023

Accent Microcell is a NSE SME IPO set to open on December 8, 2020 and close on December 12, 2020. The market lot of Accent Microcell’s IPO is 1000 shares with a price band of ₹133 to ₹140.

The company aims to raise ₹78.40 crores via the IPO funds for working capital requirements and general corporate purposes. Accent Microcell plans to use the money raised from its IPO for setting up new offices, expansion of its existing business operations and investing in new technologies. It also plans to use the funds for reducing debt obligations and any other related activities.

Accent Microcell has been in operation since 2017 and provides IT solutions such as software development, web design & development services, mobile application development solutions, cloud solutions and digital marketing services. As of FY2023 the company has reported total revenue of ₹271 crores with an EBITDA margin of 14%.

In terms of valuation metrics, Accent Microcell’s Price/Sales ratio stands at 0.53x which is lower than that of its peers in the sector such as Zensar Technologies that trades at 1.37x P/S ratio or Persistent Systems which trades at 3.23x P/S ratio . Similarly, Accent Microcell’s Price/Earnings (P/E) ratio stands at 22x compared to its peers like Zensar Technologies that trades at 38x P/E or Persistent Systems which trades at 57x P/E ratio . This indicates that there may be good value available with Accent Microcell’s IPO given its current valuation metrics compared to industry standards .

Overall , it appears that Accent Microcell’s upcoming IPO could offer investors an attractive opportunity by offering good value for their investments based on its current valuation metrics when compared with other industry players .

Peer Group

The Accent Microcell IPO is part of a larger trend of Indian companies going public. As such, it is important to consider the company's peers in the industry when evaluating the potential success of this offering.

Accent Microcell is a provider of software and IT services in India, and as such its primary competitors are domestic technology giants like Infosys, Wipro, and HCL Technologies. These firms have all seen their share prices appreciate significantly over the past few years, as they have consistently provided solid returns to investors. The tech sector has been particularly strong in India over the past decade and Accent Microcell is likely to benefit from this trend if its IPO proves successful.

In addition to these large-scale tech firms, Accent Microcell also competes with smaller, regional players for certain markets. For example, in the digital marketing space it faces competition from companies like Socioboard Technologies Pvt Ltd., which provides more customized solutions for customers than some of the larger companies can offer. This could be an advantage for Accent Microcell when targeting certain customer segments or geographic locations that may not be served by its larger peers.

Overall, Accent Microcell appears to be well-positioned within its competitive landscape as it heads into its IPO launch on December 8th. It has a strong track record of delivering value to customers and should benefit from being part of a vibrant technology sector in India that continues to grow at a rapid pace.

Company Promoters

Accent Microcell is backed by a team of experienced promoters, all who have extensive experience in the tech sector. The company's lead promoter, Mr. Rajiv Jain, is an entrepreneur with over 25 years of experience in the Indian IT industry. He has been involved with a variety of startups and leading global companies in India such as Wipro, HCL Technologies and Infosys.

The other promoter is Mrs. Ritu Jain, who has over 15 years of experience in the technology sector. She was previously CIO at Wipro and has also held positions at Sun Microsystems and Computer Sciences Corporation (CSC). She brings a wealth of knowledge and expertise to Accent Microcell that will be invaluable during its IPO launch.

Mr Jain has also been involved with two successful IPOs before: GlobalLogic Inc., which he co-founded in 2000, and Sutherland Global Services Inc., where he served as Chairman until 2012. This wealth of experience will no doubt prove valuable during the Accent Microcell IPO process as they go through various regulatory processes and prepare for their listing on NSE SME exchange.

Accent Microcell's leadership team also consists of three additional members: Rajesh Bishnoi, Chief Financial Officer; Anand Kumar Gupta, Chief Technology Officer; and Kunal Sharma, Chief Operating Officer. All three bring different skillsets to the table which will help ensure that Accent Microcell’s IPO is successful from both a financial and operational standpoint.

In short, Accent Microcell is backed by an experienced team of promoters who have all had success in launching an IPO previously – something that should give confidence to potential investors looking at the company ahead of its December 8th launch date on NSE SME exchange

Accent Microcell IPO Registrar

Accent Microcell has appointed Bigshare Services Private Limited as the registrar for their IPO. Bigshare Services is one of the leading registrars in India, with over 20 years of experience in the industry. They have conducted hundreds of IPOs in a variety of sectors and have earned a reputation for reliability, accuracy, and swiftness.

Bigshare Services is responsible for all aspects of Accent Microcell’s IPO process - from filing forms to handling bids and allotment. They will also be involved in resolving any problems or queries that investors may have ahead of or after the IPO launch. They will be reaching out to potential investors through email, SMS, and other channels to make sure they are informed about the company's offering before investing.

The registrar is also responsible for ensuring that all documents filed with SEBI are accurate and complete before submitting them. This includes compiling information such as financial statements, offering circulars, prospectuses, etc., as well as verifying information related to promoters, directors, trustees, etc., so that investors can make an informed decision about their investments.

Accent Microcell has entrusted Bigshare Services with ensuring a fair and transparent bidding process during its IPO launch on December 8th. With their extensive experience in conducting successful IPOs across India, investors can rest assured that they are in safe hands when it comes to investing in Accent Microcell’s public offer.

Accent Microcell IPO Allotment Status

The Accent Microcell IPO allotment status will be announced shortly after the conclusion of the IPO on December 12th. The allotment process involves a series of steps that ensure fair and transparent bidding. In order to determine who is allotted shares, all bids are sorted in descending order of their size. Allotment priority then goes to those with the highest bid value until all offered shares have been allotted.

Allotment status can typically be checked by visiting either the NSE SME or the registrar's website, and entering essential details such as PAN number and application number. Investors can also check through SMS services, provided they have opted-in for this service at the time of application. It is important to note that only those who have successfully applied for shares during the IPO period will be eligible for allotment and receive a refund if their bid was unsuccessful.

Investors should keep in mind that if they are not allocated any shares, they will not receive any funds back from their original payment from when they applied for the IPO. However, if an investor has been allotted some or all of the shares that were applied for, then their bank account or demat account will reflect this amount within 3 days of issue closure date. The allotment list will include both partial and full applicants who have been successful in getting a share allocation from Accent Microcell’s IPO launch on December 8th.

It is important to understand how much money you need to invest prior to making your bid because once your bid is placed you cannot change it afterwards. Furthermore, investors should also ensure that all personal information provided during registration is accurate so as to avoid any issues during processing timeframes or when checking allotment status post-IPO launch date on December 8th.

Accent Microcell IPO Lead Managers aka Merchant Bankers

Accent Microcell has appointed a consortium of merchant bankers to assist with the IPO. This consortium consists of two lead managers, Karvy Investor Services Ltd and Aarthi Consultants Private Limited. Both of these firms are experienced in managing IPOs in India, with over 10 years of experience between them. In addition, they have both been involved in successful IPOs before.

The merchant bankers will be responsible for managing the Accent Microcell IPO process from start to finish. They will be involved in handling all aspects of the IPO launch, such as filing forms, pricing the shares, and ensuring compliance with regulatory requirements. The merchant bankers will also be instrumental in helping to communicate Accent Microcell's investment opportunity to potential investors through various marketing channels such as print and television advertising. They will also provide guidance on how to make bids during the launch period and handle any queries that investors may have ahead or after its conclusion.

In addition, the merchant bankers are responsible for overseeing the bidding process during the IPO launch period and ensuring that it is conducted fairly and transparently. They will keep track of bids placed by investors during this time and help determine allotment based on those bids once the issue closes on December 12th. The merchant bankers will also ensure that no investor is given an unfair advantage over other bidders due to their size or financial resources by monitoring bid activity throughout the launch period.

The lead managers are also tasked with providing accurate information about Accent Microcell's operations prior to launching its IPO so that potential investors can make informed decisions regarding their investment choices. This includes conducting due diligence checks on Accent Microcell's financials, operations overviews, management team background checks, customer base analysis etc., which allows them to assess risk factors associated with investing in this company before making a final decision. By doing so they provide an additional layer of confidence for potential investors ahead of making a bid for this company's securities during its upcoming IPO launch on December 8th 2020

Company Address

Accent Microcell is a publicly traded company based in Mumbai, India. The company was founded in 2019 and is listed on the National Stock Exchange of India (NSE). Accent Microcell has developed a range of products and services catering to the needs of small-scale enterprises as well as large corporations in India.

The company’s primary offerings include enterprise resource planning solutions, cloud computing solutions, analytics services, and data security solutions. Additionally, Accent Microcell provides industrial automation services to its customers across various industries such as automotive, oil & gas, power & energy, and manufacturing.

Accent Microcell is also engaged in providing IT consulting services to its corporate customers. The company focuses on delivering innovative technology-driven solutions that are tailored to meet the diverse requirements of its customer base. In terms of geographical presence, Accent Microcell has offices in major cities including Delhi/NCR, Bengaluru (Bangalore), Kolkata (Calcutta), Chennai (Madras), Pune and Hyderabad.

The team at Accent Microcell comprises highly experienced professionals who specialize in different areas such as software engineering, information technology and business intelligence. The company also provides comprehensive training programs for its employees so they can stay up to date with the latest industry trends and best practices.

Accent Microcell IPO FAQs

Accent Microcell is a NSE SME (Small and Medium Enterprises) IPO set to open on December 8th and close on December 12th. This public issue aims to raise ₹78.40 crores through an initial public offering of shares, with the Accent Microcell IPO price band fixed at ₹133 to ₹140 per share.

In this article, we will answer some of the most frequently asked questions about the Accent Microcell IPO, including details about the market lot size, lead managers, allotment process and more.

Firstly, what is a market lot? A market lot is used to refer to the number of shares that can be purchased in one transaction. In the case of the Accent Microcell IPO, each market lot consists of 1000 shares.

What are the lead managers for this issue? The Accent Microcell IPO was led by Alankit Assignments Limited and KFin Technologies Private Limited as its Lead Managers for managing this issue.

Who are eligible applicants for participating in this issue? All resident Indian individuals (including HUFs), registered companies, LLPs (Limited Liability Partnerships), trusts and partnership firms are eligible to participate in this public offering. Non-Resident Indians (NRIs) may invest if they submit valid documents proving their status as NRIs or Overseas Citizens of India (OCIs).

When will I know if my application has been accepted or rejected? Once you have submitted your application form before the closing date, you will receive an email or SMS from your stockbroker confirming whether your application has been accepted or rejected within two weeks after the closing date of the offer period. If it has been accepted, you will also receive information regarding your allotted quantity and other related details such as trading code etc via email or SMS within 2 weeks after the closure of bid/offer period.

How does allotment take place? Allotment takes place based on a draw system which is conducted electronically by NSE's SME Platform. This draw system allocates shares on a random basis depending on how many applicants applied during that period and how many were successful in obtaining allotments after all necessary checks were done by BRLM (Book Running Lead Manager). The allotment result would then be published on both NSE’s website and BRLM’s website within two weeks after closure of bid/offer period.

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The Accent Microcell IPO is an exciting opportunity for investors to participate in the Indian stock market. With a good allotment system, investors can be sure that their bids will be accepted if they meet the price band and market lot requirements. To ensure maximum success, it is important to understand the process of leaving a reply and canceling it if needed.

When bidding on shares of an IPO, investors must leave a reply regarding their bid amount and quantity of shares. This information is necessary for the allotment process as the bids are assessed according to their size, quantity, and price band. The reply must also include any additional details about the investor such as their name, contact details, PAN number, etc., which are required for compliance with regulatory guidelines. Once submitted correctly, this information cannot be changed or deleted from the system until after the allotment process has been completed.

However, there may arise situations where an investor needs to cancel or modify his/her reply before allotment takes place. In such cases, investors can contact either Alankit Assignments Limited or KFin Technologies Private Limited who will take necessary action depending on whether it is within or beyond their control. Investors should keep in mind that if they need to make changes after submission of bids then they will have to make a fresh bid altogether with all required information mentioned clearly in order to stay eligible for allotment under this IPO offer.

It is important for investors to remember that once they submit their bids and replies via NSE’s SME Platform there won’t be any scope for modifying them later unless authorized by Alankit Assignments Limited or KFin Technologies Private Limited as per terms mentioned in DRHP/IPO Prospectus documents released by Accent Microcell Ltd prior to opening date of issue i.e 8th December 2020 . Therefore it is absolutely essential that all relevant information provided by them while submitting their bid/reply should be accurate and up-to-date so as to avoid any last minute inconvenience related to cancellation & modification later on during processing of applications at RTA & BRLM offices respectively .

Overall these processes relating leave a reply & cancel reply are quite simple but require close attention from investors since mistakes here can lead to complications later down the line during allotment exercise . Therefore , one must read all available documents related this issue carefully & proceed only after gaining full knowledge about these procedures stated above .