
Cellecor Gadgets Limited
NSE SME₹110,400 / 1200 Shares
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 Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
Sep 15, 2023 - Sep 20, 2023 | 28 Sep, 2023 | ₹10 Per Equity Share | ₹87-92 per equity share | - | Shares | - | NSE SME |
Cellecor Gadgets Limited IPO Timeline
Issue Price
₹87-92 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdMarket Lot
1200 Shares (₹110,400/-)Lead Manager
Narnolia Financial Services LtdIssue Size
5,518,800 shares(aggregating up to ₹50.77 Cr)Retail Portion
35%Subscription
116.41 timesCellecor Gadgets Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 23 | 7000.52 | 26436.56 | 797.07 | - | - | - |
31 Mar 22 | 2367.23 | 12128.99 | 213.56 | - | - | - |
31 Mar 21 | 10.00 | 0.00 | -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.
Cellecor Gadgets Limited IPO Subscription Details
As on | QIB/NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 1,048,800 / 787,200 | 1,834,800 | 3,670,800 |
Day 1 - 15-09-23 06:00 PM | 0.00 / 1.03 x | 3.57 x | 2.00 x |
Day 2 - 18-09-23 06:00 PM | 0.10 / 12.28 x | 31.50 x | 18.41 x |
Day 3 - 20-09-23 06:00 PM | 57.58 / 176.89 x | 124.08 x | 116.41 x |
Cellecor Gadgets Limited IPO - Issue Objectives
- Working Capital Requirement
- General Corporate Purposes
- Issue Expenses.