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IPO Cell Point (India) Ltd

  • Price Range

    ₹100

  • Min. Quantity

    1,200

  • Closes on

    20 June 2023

  • Min. investment

    ₹1,20,000/1,200 Shares

Cell Point (India) Ltd IPO Timeline

Cell Point (India) Limited was formerly incorporated under the name 'Cell Point (India) Private Limited' on April 10, 2013 as a Private Limited Company by the Registrar of Companies, Andhra Pradesh, which subsequently was converted to 'Cell Point (India) Limited' vide fresh Certificate of Incorporation dated November 25, 2022 issued by the Registrar of Companies, Vijayawada.

EventDate
Cell Point (India) Ltd IPO Opening Date15 June 2023
Cell Point (India) Ltd IPO Closing Date 20 June 2023
Basis of Allotment23 June 2023
Initiation of Refunds26 June 2023
Credit of Shares to Demat27 June 2023
Cell Point (India) Ltd IPO Listing Date28 June 2023

Cell Point (India) Ltd IPO Details

Cell Point (India) Ltd IPO Date15 June 2023 to 20 June 2023
Cell Point (India) Ltd IPO Face Value10 per share
Cell Point (India) Ltd IPO Price100 to ₹0 per share
Cell Point (India) Ltd IPO Lot Size1,200
Issue SizeShares of ₹10 (aggregating up to ₹50.34 Cr)
Fresh IssueShares of ₹10 (aggregating up to ₹50.34 Cr)
Offer for Sale-
Issue TypeFixed Price - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersMohan Prasad Panday, Bala Balaji Panday

Cell Point (India) Ltd IPO Lot Size

The Cell Point (India) Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,20,000).

Application LotsSharesAmount
Minimum11,200₹1,20,000
Maximum11,200₹1,20,000
  • Risks
  • Opportunities
    -

Company Financials

Cell Point (India) Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2024134.12322.91.69
03-202394.53297.016.73
03-202283.07270.041.65
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Repayment of certain borrowings
  • Repairs & Renovation of existing retail outlets & setting of new retail outlets
  • To meet the Working Capital Requirements
  • General Corporate Purposes

Cell Point (India) Ltd IPO Promoter Holding

Pre Issue Share Holding88.35%
Post Issue Share Holding64.54%

Cell Point (India) Ltd IPO Subscription Status (Bidding Detail)

The Cell Point (India) Ltd IPO is subscribed 5.7619 times on 20 June 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----5.7619

Cell Point (India) Ltd IPO Prospectus

Cell Point (India) Ltd IPO Listing Date

Listing Date28 June 2023
BSE Script 78823
NSE SymbolCELLPOINT
Listing In NSE - SME
ISININE0O0001013
IPO Price100
Face Value10

Company Contact Information

Cell Point (India) Ltd
Door No. 30-15-139/F/5,6 WardNo.27 Ram's Arcade Dabagardens,Visakhapatnam-530020
Phone: 91-9000113897
Email: cs@cellpoint.biz
Website: www.cellpoint.biz

Cell Point (India) Ltd IPO Registrar

Phone:+91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Cell Point (India) Ltd IPO Lead Manager(s)

  1. First Overseas Capital Ltd

FAQ

What is the issue size of Cell Point (India) Ltd IPO?

Cell Point (India) Ltd IPO, which opens for subscription from to 20 June 2023 has an issue size of ₹50.34 crore. The issue type is book building issue.

I have pre-applied for Cell Point (India) Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for Cell Point (India) Ltd IPO?

Cell Point (India) Ltd IPO Opens for subscription from 15 June 2023 to 20 June 2023

What is the lot size and minimum order quantity of the Cell Point (India) Ltd IPO?

The lot size of Cell Point (India) Ltd is 1,200 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,20,000 and ₹1,20,000 respectively.

What are the allotment dates for the Cell Point (India) Ltd IPO?

Allotment date for Cell Point (India) Ltd is 23 June 2023 and refund of application amount (in case allotment is not received) will begin from 26 June 2023. If your allotment goes through, then shares will be credited in your Demat account by 27 June 2023.

Who is the registrar of Cell Point (India) Ltd IPO?

The registrar for Cell Point (India) Ltd IPO is Bigshare Services Pvt Ltd . You can check your IPO allotment status on the registrar's website.

Where is the Cell Point (India) Ltd IPO getting listed?

The shares of Cell Point (India) Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)