The Cell Point IPO date has been announced. The IPO will begin on June 15 and end on June 20, 2023. Cell Point is an NSE SME IPO that will raise 50.34 crores through the IPO. The price band for the Cell Point IPO is set at 100, with a market lot of 1200 shares.
Cell Point (India) Limited is a multi-brand store of mobile phones, tablets, accessories, and other mobile-related products. They engaged in the multi-brand retail sale of Smartphones and related accessories from manufacturers like as Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Redmi, and Oneplus. They are also involved in the multi-brand retail sale of consumer durable electronics such as Smart TVs. They operate our company under the name Cell Point India Pvt Ltd. They presently operate 75 outlets throughout the state of Andhra Pradesh.
The Issues at hand:
- Repayment of certain borrowings;
- Repairs and Renovation of existing retail outlets & setting of new retail outlets;
- To meet the Working Capital requirements;
- General Corporate Expenses
- Issue Expenses
Cell Point IPO Review
- To be updated soon
Cell Point IPO GMP, Date & Price Band Details
| IPO Open: | June 15, 2023 |
| IPO Close: | June 20, 2023 |
| IPO Size: | Approx ₹50.34 Crores, 5,034,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹100 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
Cell Point IPO Market Lot
The Cell Point IPO minimum market lot is 1200 shares with a ₹120,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 1 | 1200 | ₹120,000 |
| S-HNI Minimum | 2 | 2400 | ₹240,000 |
Cell Point IPO Dates
The Cell Point IPO date is June 15 and the IPO close date is June 20. The IPO allotment date is June 23 and the IPO might list on June 29.
| IPO Open Date: | June 15, 2023 |
| IPO Close Date: | June 20, 2023 |
| Basis of Allotment: | June 23, 2023 |
| Refunds: | June 26, 2023 |
| Credit to Demat Account: | June 27, 2023 |
| IPO Listing Date: | June 29, 2023 |
Cell Point IPO Form
- How to apply Cell Point IPO?
You can apply Cell Point IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Cell Point IPO in the Invest section. The other option you can apply Cell Point IPO via IPO forms download via the NSE website. Check out the Cell Point forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Cell Point Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | ExpeBSE | PAT |
| 2020 | ₹287 | ₹276 | ₹1.60 |
| 2021 | ₹224 | ₹222 | ₹0.69 |
| 2022 | ₹270 | ₹268 | ₹1.65 |
| 2023 9M | ₹222 | ₹214 | ₹5.81 |
Cell Point IPO Valuation – FY2022
Check Cell Point IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹14.47 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 12.32% |
| Net Asset Value (NAV): | ₹117.45 per Equity Share |
Peer Group
- Bhatia Communications & Retail (India) Ltd
- Fone4 Communications (India) Ltd
- Jay Jalaram Technologies Ltd
Cell Point IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Company Address
Cell Point (India) Limited
Door No 30-15-139/F/5, 6 Ward No 27,
Ram’s Arcade, Opposite Visakha Medical Centre,
Dabagardens, Visakhapatnam 530020
Phone: +91 9000113897
Email: cs@cellpoint.biz
Website: https://cellpoint.biz
Company Promoters
- Mr. Mohan Prasad Panday
- Mr. Bala Balaji Panday
Cell Point IPO Lead Managers aka Merchant Bankers
- First Overseas Capital Limited
Cell Point IPO FAQs
Q1. What is Cell Point IPO?
Ans. Cell Point IPO is an NSE SME IPO. They are going to raise ₹50.34 Crores via IPO. The issue is priced at ₹100 per equity share. The IPO is to be listed on NSE.
Q2. When Cell Point IPO will open?
Ans. The IPO is to open on June 15, 2023 for NII, and Retail Investors.
Q3. What is Cell Point IPO Investors Portion?
Ans. The investors’ portion for NII is 50%, and Retail is 50%.
Q4. How to Apply the Cell Point IPO?
Ans. You can apply Cell Point IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Cell Point IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Cell Point”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Cell Point IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Cell Point”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Cell Point IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Cell Point”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Cell Point IPO Size?
Ans. Cell Point IPO size is ₹50.34 crores.
Q9. What is Cell Point IPO Price Band?
Ans. Cell Point IPO Price Band is ₹100 per equity share.
Q10. What is Cell Point IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1200 shares with ₹120,000.
Q11. What is Cell Point IPO Allotment Date?
Ans. Cell Point IPO allotment date is June 23, 2023.
Q12. What is Cell Point IPO Listing Date?
Ans. Cell Point IPO listing date is June 29, 2023. The IPO to list on NSE SME.
