Cello World Limited
Mainboard₹14,904 / 23 Shares
Cello World Limited IPO Details
The Cello World Limited IPO price band is set between ₹617-648 per equity share, with a face value of ₹5 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 30 Oct, 2023 and closes on 1 Nov, 2023. Investors can check the allotment status on 2 Nov, 2023, while the listing date is tentatively scheduled for 6 Nov, 2023.
The total issue size is OFS : 29,320,987 shares of ₹5, aggregating up to ₹1,900.00 Cr. Stay tuned for the latest Cello World Limited IPO review and GMP updates.
Cello World Limited IPO Review, Rating & Analysis
Cello World Limited IPO Review
NO REVIEWCello World Limited IPO Rating
Cello World Limited IPO Highlights
IPO Date
Oct 30, 2023 - Nov 1, 2023
Listing Date
6 Nov, 2023
Face Value
₹5 Per Equity Share
Price Band
₹617-648 per equity share
Lot Size
23 Shares
Fresh Issue
Shares
Offer for Sale
29,320,987 shares of ₹5
Listing At
BSE, NSE
Cello World Limited IPO Lot Size
The minimum market lot for Cello World Limited IPO is 23 shares with an application amount of ₹14,904. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,904 |
| Retail (Max) | 13 | 299 | ₹1,93,752 |
| S-HNI (Min) | 14 | 322 | ₹2,08,656 |
| S-HNI (Max) | 67 | 1541 | ₹9,98,568 |
| B-HNI (Min) | 68 | 1564 | ₹10,13,472 |
Cello World Limited IPO Timeline
Issue Price
₹617-648 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Kotak Mahindra Capital Company LimitedICICI Securities LimitedIifl Securities LtdJm Financial LimitedMotilal Oswal Investment Advisors LimitedIssue Size
OFS : 29,320,987 shares of ₹5(aggregating up to ₹1,900.00 Cr)Cello World Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 1551.69 | 1813.44 | 285.06 | - | - | - |
| 31 Mar 22 | 1333.66 | 1375.11 | 219.52 | - | - | - |
| 31 Mar 21 | 1146.51 | 1059.58 | 165.55 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Pradeep Ghisulal Rathod
- Pankaj Ghisulal Rathod
- Gaurav Pradeep Rathod
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 91.8% | 78.06% |
About Company
Cello World is a famous Indian consumer product company mainly dealing in three categories such as writing instruments and stationery, molded furniture, consumer housewares and related products.
The company has an experience of more than 60 years in the field of consumer product industry which enables them to better understand consumer preferences and choices.
Cello World has 13 manufacturing units situated in 5 different locations in India. The company also aims to set up a glass manufacturing unit in Rajasthan with European made machinery to enable efficient productivity and enhanced manufacturing capacity.
As of March 31, 2023, the company has 15,841 stock-keeping units (SKU) across all product ranges.
As of March 31, 2023, the company's national sales distribution team comprises of 683 members.
Cello World Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
2.97 times
Frequently Asked Questions about Cello World Limited IPO
When will Cello World Limited IPO open for subscription?
The Cello World Limited IPO opens on 30 Oct, 2023 and closes on 1 Nov, 2023.
What is the investors portion for Cello World Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is .
How to apply for Cello World Limited IPO?
You can apply for Cello World Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Cello World Limited IPO?
The issue size of Cello World Limited IPO is approx ₹OFS : 29,320,987 shares of ₹5(aggregating up to ₹1,900.00 Cr) crores.
What is the price band of Cello World Limited IPO?
The price band for Cello World Limited IPO is ₹617 to ₹648 per equity share.
What is the lot size of Cello World Limited IPO?
The minimum bid (lot size) for Cello World Limited IPO is N/A shares with an investment of approx ₹14,904 .
What is the allotment date of Cello World Limited IPO?
The allotment date for Cello World Limited IPO is 2 Nov, 2023.
What is the listing date of Cello World Limited IPO?
The listing date for Cello World Limited IPO is expected to be 6 Nov, 2023.
What is the GMP of Cello World Limited IPO?
The latest Grey Market Premium (GMP) for Cello World Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.