Published : October 27, 2023
Cello World Limited IPO is a book-built issue with an offer for sale of Rs 1,900.00 crores, involving 2.93 crore shares. The subscription period for the Cello World IPO is from October 30, 2023, to November 1, 2023. The allotment of shares is anticipated to be finalized by Monday, November 6, 2023. The IPO is scheduled to be listed on BSE and NSE with a tentative listing date set for Thursday, November 9, 2023.
The price band for the Cello World IPO is established at ₹617 to ₹648 per share. Retail investors can apply with a minimum lot size of 23 shares, requiring an investment of at least ₹14,904. Similarly, sNII (non-institutional investors) should apply for a minimum of 14 lots, totaling 322 shares, with an investment of ₹208,656. As for bNII (qualified institutional buyers), the minimum lot size is 68 lots, equivalent to 1,564 shares, with an investment of ₹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 overseeing the Cello World IPO. Additionally, Link Intime India Private Ltd serves as the registrar for this issue. For detailed information, please refer to the Cello World IPO RHP.
The company will not obtain any funds from the Offer.
The subscription for the IPO will be open from October 30 and will close on November 1, 2023.
| IPO Open Date | Monday, October 30, 2023 |
| IPO Close Date | Wednesday, November 1, 2023 |
The price band for the Cello World IPO has been set at ₹617 to ₹648 per share.
| IPO Price | ₹617 to ₹648 per share |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per share |
| Market Lot | 23 Shares |
| Listing At | BSE, NSE |
| Total Issue Size | 29,320,987 shares (aggregating up to ₹1,900.00 Cr) |
Pradeep Ghisulal Rathod, Pankaj Ghisulal Rathod, and Gaurav Pradeep Rathod serve as the promoters of the company.
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 91.8% |
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,686.05 | 1,551.69 | 1,333.66 | 1,146.51 |
| Revenue | 479.88 | 1,813.44 | 1,375.11 | 1,059.58 |
| Profit After Tax | 82.83 | 285.06 | 219.52 | 165.55 |
| Net Worth | 1,226.56 | 665.73 | 444.04 | 289.59 |
| Reserves and Surplus | 784.91 | 238.75 | 87.26 | 98.66 |
| Total Borrowing | 328.64 | 335.11 | 462.91 | 334.07 |
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: celloworld.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
Cello World Limited
597/2A, Somnath Road,
Dabhel
Nani Daman –396 210,
Phone: +91 22 2685 1027
Email: grievance@celloworld.com
Website: https://celloworld.com/
How to apply for the Cello World IPO?
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