Cello World Limited IPO: The Rs 1,900.00 crore book built issue of Cello World Limited is the IPO. The entire purpose of the issuance is to sell 2.93 crore shares. The pricing range for Cello World Limited’s IPO is ₹617 to ₹648 per share. A minimum of 23 shares is required for an application’s lot size. Retail investors must invest a minimum of ₹14,904 in order to qualify. For both sNII and bNII, the minimum lot size investment is ₹208,656 for 14 lots (322 shares) and ₹1,013,472 for 68 lots (1,564 shares).
The subscription period for the Cello World Limited IPO begins on October 30, 2023, and ends on November 1, 2023. On Monday, November 6, 2023, the allotment of the Cello World Limited IPO is anticipated to be completed. The tentative listing date for the Cello World Limited initial public offering (IPO) is Thursday, November 9, 2023, on the BSE and NSE.
The book running lead managers of the Cello World Limited IPO are Kotak Mahindra Capital Company Limited, ICICI Securities Limited, Iifl Securities Ltd, Jm Financial Limited, and Motilal Oswal Investment Advisors Limited.
Cello World Limited IPO Overview
| Cello World Limited Limited Company Overview | |
|---|---|
| Company Name | Cello World Limited |
| IPO Opening Date | 30 October, 2023 |
| IPO Closing Date | 01 November, 2023 |
| Face Value | 5₹ Per Share |
| Share Price Range | 617₹ – 648₹ |
| Lot Size | 23 Shares Per Lot |
| GMP | Check Here |
| Issue Type | Book Built Issue |
| Total IPO Issue Size | 29,320,987 Shares |
| Fresh Issue Size | 29,320,987 Shares |
| IPO Listing At | NSE, BSE |
| Share Holding Pre Issue | 195,000,000 |
| Share Holding Post Issue | 212,231,034 |
| More IPO’s | Check Here |
Cello World Limited IPO Lot Size
Investors may make a minimum offer of 23 shares and an amount greater than that. The Lowest and highest retail investments made by retail investors and High Networth Individual in terms of shares and money are shown in the table below.
| Cello World Limited Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 13 Lots |
| Minimum S-HNI Applications | 14 Lots |
| Maximum S-HNI Applications | 67 Lots |
| Minimum B-HNI Applications | 68 Lots |
| Total Shares In Single Lot | 23 Shares |
| Amount For Single Lot | ₹14,904 |
Cello World Limited IPO Time Table (Tentative)
The IPO for Cello World Limited starts on October 30, 2023, and ends on November 01, 2023.
| Cello World Limited Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 30 October, 2023 |
| IPO Ending Date | 01 November, 2023 |
| Basis Of Allotment | 06 November, 2023 |
| Initiation Of Refund | 07 November, 2023 |
| Shares Credit To Demat Account | 08 November, 2023 |
| Date Of Listing | 09 November, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 01 November, 2023 |
Cello World Limited IPO Reservation Details
| Cello World Limited Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 35% Of Net Offer |
| Shares Offered To HNI | Not Less Than 15% Of Net Offer |
| Shares Offered To QIB | Not More Than 50% Of Net Offer |
Cello World Limited Company Financials
| Cello World Limited Limited Company Financials Information | |
|---|---|
| This Data Is Of | 30 June, 2023 |
| Total Revenue | 479.88 |
| Assets | 1,686.05 |
| Profit After Tax | 82.83 |
| Net Worth | 1,226.56 |
| Reserves And Surplus | 784.91 |
| Debt | 328.64 |
| All Amount In ₹Crore | |
Cello World Limited Promoters Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 91.8% |
Cello World Limited Key Performance Indicators
| Cello World Limited Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| Post P/E (X) | 49.2 |
| EPS | 13.65 |
| ROE | 134.43% |
| ROCE | 44.48% |
| RoNW | 23.17% |
Is Cello World Limited IPO Contact Details.
| Cello World Limited Limited Contact Details | |
|---|---|
| Company Address | 597/2A, Somnath Road, Dabhel Nani Daman –396 210 |
| Phone | +91 22 2685 1027 |
| grievance@celloworld.com | |
| Website | https://celloworld.com/ |
Is Cello World Limited IPO Good Or Bad To Buy?
Renowned Indian consumer goods manufacturer Cello World primarily deals in three categories: stationery and writing instruments, molded furniture, consumer housewares, and associated goods. With over 60 years of expertise in the consumer product market, the company has a deeper understanding of the tastes and choices of its customers.
There are 13 production facilities owned by Cello World spread over 5 different Indian locales. In order to ensure effective efficiency and increased manufacturing capacity, the company also plans to establish a glass manufacturing unit in Rajasthan using machinery built in Europe.
What Is The Future Of Cello World Limited Stock?
- Strong branding and market position.
- Multiple product lines to satisfy the various client requests.
- The business has a history of growing both its product lines and its businesses.
- Seasoned management group with subject-matter experience.
How To Apply For Cello World Limited IPO?
The Cello World Limited IPO application form and payment can both be completed online. Through the net banking feature of your bank account, you can access the ASBA IPO application. UPI IPO applications are provided by brokers who do not offer banking services. On this page, you can get more details on how to apply for an IPO online using Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When Is Cello World Limited IPO Allotment?
The Allotment Date For Cello World Limited IPO Is November 01, 2023.