Cellecor Gadgets Limited

Cellecor Gadgets Limited

NSE SME

₹110,400 / 1200 Shares

Offer Date:Sep 15, 2023 - Sep 20, 2023
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IPO Details

Cellecor Gadgets Limited IPO is priced between ₹87-92 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the NSE SME, and Skyline Financial Services Private Ltd is managing the issue as the registrar.

The IPO bidding period opened on 15 Sep, 2023, and closed on 20 Sep, 2023. The allotment results will be announced on 25 Sep, 2023, with a tentative listing date set for 28 Sep, 2023.

The total issue comprises 5,518,800 shares, amounting to ₹50.77 Cr.

Cellecor Gadgets Limited IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Sep 15, 2023 - Sep 20, 202328 Sep, 2023₹10 Per Equity Share₹87-92 per equity share- Shares -NSE SME

Cellecor Gadgets Limited IPO Timeline

IPO Open Date
15 Sep, 2023
IPO Close Date
20 Sep, 2023
Basis of Allotment
25 Sep, 2023
Listing Date
28 Sep, 2023

Issue Price

₹87-92 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

Market Lot

1200 Shares (₹110,400/-)

Lead Manager

Narnolia Financial Services Ltd

Issue Size

5,518,800 shares(aggregating up to ₹50.77 Cr)

Retail Portion

35%

Subscription

116.41 times

IPO Docs

DRHP RHP

Cellecor Gadgets Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 237000.5226436.56797.07---
31 Mar 222367.2312128.99213.56---
31 Mar 2110.000.00-2.42---

All values are in ₹ Lakh

About Company

Cellecor Gadgets Limited is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearables, mobile accessories, smart watches, and neckbands.

The company has three business verticals:
1. Entertainment and Communication: Here, the company provides smart and conventional televisions that are fully outfitted with the GENZ Android operating system, and sound systems & sound bars. This category has 35 SKUs of televisions, 15 SKUs of sound systems and sound bars, and 70 SKUs of mobile phones.
2. Peripherals: Here, the company provides True Wireless (TWS) Earbuds, Neckbands, and Smart Watches. These categories have more than 145 SKUs.
3. Modern Accessories: Here, the company provides power banks, data cables, USB chargers, quick chargers, and other items under this category, many Wireless and Standard Power banks, all types of high-strength data lines, and the necessary adapters or chargers for each. More than 40 SKUs fall into this category.

Cellecor Gadgets has more than 1200 service centers, and more than 800 Distributors. Its products are also present at over 24,000 retail stores with more than 300 ranges of products and 100 million users in Pan India through offline and online channels.

The company recorded Rs. 26,436.56 Lacs, and Rs. 12,128.99 Lacs in Revenue from operations in fiscal 2023 and 2022.

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Cellecor Gadgets Limited IPO Subscription Details

As onQIB/NIIRetailTotal
Shares Offered / Reserved1,048,800 / 787,2001,834,8003,670,800
Day 1 - 15-09-23 06:00 PM0.00 / 1.03 x3.57 x2.00 x
Day 2 - 18-09-23 06:00 PM0.10 / 12.28 x31.50 x18.41 x
Day 3 - 20-09-23 06:00 PM57.58 / 176.89 x124.08 x116.41 x
Total No. of Applications:

Cellecor Gadgets Limited IPO - Issue Objectives

  1. Working Capital Requirement
  2. General Corporate Purposes
  3. Issue Expenses.
Company Contact Details

Cellecor Gadgets Limited

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Registrar Contact Details

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