Cello World Ltd
Price Range
₹617 - ₹648
Min. Quantity
23
Closes on
1 November 2023
Min. investment
₹14,904/299 Shares
Cello World Ltd IPO Timeline
Cello World Ltd was incorporated as 'Cello World Private Limited', as a private limited company, pursuant to a certificate of incorporation dated July 25, 2018, issued by the Registrar of Companies, Central Registration Centre. Thereafter, upon the conversion of Company into a public limited company, the name of Company was changed to 'Cello World Limited' and a fresh certificate of incorporation dated July 18, 2023 was issued by the RoC.
| Event | Date |
|---|---|
| Cello World Ltd IPO Opening Date | 30 October 2023 |
| Cello World Ltd IPO Closing Date | 1 November 2023 |
| Basis of Allotment | 2 November 2023 |
| Initiation of Refunds | 2 November 2023 |
| Credit of Shares to Demat | 3 November 2023 |
| Cello World Ltd IPO Listing Date | 6 November 2023 |
Cello World Ltd IPO Details
| Cello World Ltd IPO Date | 30 October 2023 to 1 November 2023 |
| Cello World Ltd IPO Face Value | ₹5 per share |
| Cello World Ltd IPO Price | ₹617 to ₹648 per share |
| Cello World Ltd IPO Lot Size | 23 |
| Issue Size | Shares of ₹5 (aggregating up to ₹1,900 Cr) |
| Fresh Issue | Shares of ₹5 (aggregating up to ₹0 Cr) |
| Offer for Sale | Shares of ₹5 (aggregating up to ₹1,900 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 65,66,045 of the Net Offer |
| Retail Shares Offered | Not less than 1,07,21,232 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 45,94,814 of the Net Offer |
| Company Promoters | Pradeep Ghisulal Rathod, Pankaj Ghisulal Rathod, Gaurav Pradeep Rathod |
Cello World Ltd IPO Lot Size
The Cello World Ltd IPO lot size is 23 shares. A retail-individual investor can apply for up to 13 lots (299 shares or ₹1,93,752).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 23 | ₹14,904 |
| Maximum | 13 | 299 | ₹1,93,752 |
- Strengths
- Risks
- Opportunities
- Well-established brand name and strong market positions.
- Diversified product portfolio across price points catering to diverse consumer requirements.
- Track record of scaling up new businesses and product categories.
- Pan-India distribution network with a presence across multiple channels.
- Ability to manufacture a diverse range of products and maintain optimal inventory levels.
- Skilled and experienced management team.
- Strong historical financial results.
Company Financials
Cello World Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,103.78 | 1,025.04 | 62.08 |
| 03-2023 | 873.83 | 909.8 | 38.06 |
| 03-2022 | 341.89 | 628.28 | 38.96 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Listing the Equity Shares on the Stock Exchanges
Cello World Ltd IPO Promoter Holding
| Pre Issue Share Holding | 12.86% |
| Post Issue Share Holding | 10.68% |
Cello World Ltd IPO Subscription Status (Bidding Detail)
The Cello World Ltd IPO is subscribed 38.9 times on 1 November 2023 05:00:00 PM. The public issue subscribed 3.06 times in the retail category, 108.57 times in the QIB category, and 24.42 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 108.57 | 24.42 | 3.06 | 2.6 | 38.9 |
Cello World Ltd IPO Prospectus
Cello World Ltd IPO Listing Date
| Listing Date | 6 November 2023 |
| BSE Script | 544012 |
| NSE Symbol | CELLO |
| Listing In | BSE, NSE |
| ISIN | INE0LMW01024 |
| IPO Price | ₹648 |
| Face Value | ₹5 |
Company Contact Information
597/2A Somnath RoadDabhel,Nani Daman-396210
Phone: +91 22 2685 1027
Email: grievance@celloworld.com
Website: www.celloworld.com
Cello World Ltd IPO Registrar
Cello World Ltd IPO Lead Manager(s)
- Kotak Mahindra Capital Company Ltd
- ICICI Securities Ltd
- IIFL Securities Ltd
- JM Financial Ltd
- Motilal Oswal Investment Advisors Ltd
FAQ
What is the issue size of Cello World Ltd IPO?
I have pre-applied for Cello World 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.