Cello World Limited
- IPO Date30 Oct, 2023 to 01 Nov, 2023
- Listing Date-
- Face Value₹5 per share
- Issue Price₹617 to ₹648 per share
- Lot Size23 Shares
- Minimum Investment₹14,904
- Listing AtBSE, NSE
- Total Issue Size2,93,20,987 Shares
(aggregating up to ₹1900.00 Cr) - Fresh Issue-
- Offer for Sale2,93,20,986 Shares
(aggregating up to ₹1900.00 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue19,50,00,000
- Shareholding post issue21,22,31,034
IPO Dates
Closing Date
01 Nov, 2023
Initiation of Refunds
08 Nov, 2023
Listing Date
09 Nov, 2023
30 Oct, 2023
Opening Date
06 Nov, 2023
Basis of Allotment
08 Nov, 2023
Credit of Shares
Cello World Limited Lot Size
Investors can bid for a minimum of 23 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| 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 Promoter Holding
The Promoters of the Company are Pradeep Ghisulal Rathod, Pankaj Ghisulal Rathodand Gaurav Pradeep Rathod.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 91.8% |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 134.43% |
| ROCE | 44.48% |
| RoNW | 23% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 49.2 | 13.65 |
| P/E (x) | 49.2 | 13.65 |
Cello World Limited COMPANY INFORMATION
Cello World Limited IPO is a book built issue of Rs 1,900.00 crores. The issue is entirely an offer for sale of 2.93 crore shares. Cello World Limited IPO opens for subscription on October 30, 2023 and closes on November 1, 2023. The allotment for the Cello World Limited IPO is expected to be finalized on Monday, November 6, 2023. Cello World Limited IPO will list on BSE, NSE with tentative listing date fixed as Thursday, November 9, 2023. Cello World Limited IPO price band is set at ₹617 to ₹648 per share. The minimum lot size for an application is 23 Shares. The minimum amount of investment required by retail investors is ₹14,904. The minimum lot size investment for sNII is 14 lots (322 shares), amounting to ₹208,656, and for bNII, it is 68 lots (1,564 shares), amounting to ₹1,013,472. Kotak Mahindra Capital Company Limited, ICICI Securities Limited, Iifl Securities Ltd, Jm Financial Limited and Motilal Oswal Investment Advisors Limited are the book running lead managers of the Cello World Limited IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Cello World Limited IPO RHP for detailed information.
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.
- Strong market position and branding
- Mutliple product ranges to meet the different requisitions of the customers.
- The company has a track record of scaling up businesses and product categories.
- Experienced Management team with domain expertise.
FAQs About Cello World Limited
Cello World Limited will open on 30 Oct, 2023 and close on 01 Nov, 2023. Investors must apply within this period to participate.
The Cello World Limited price band is set between ₹617.00 and ₹648.00 per share. The minimum lot size is 23, requiring an investment of at least ₹14904.00.
The Cello World Limited shares are expected to be listed on , subject to regulatory approvals and final allotment.
You can track your Cello World Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Cello World Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.