Cellecor Gadgets was founded in 2020 and specializes in the acquisition, branding, and distribution of mobile accessories, smart watches, televisions, and neckbands.
It markets the goods under CELLECOR, its leading brand. With 1200+ service centers, 800+ distributors, and items available at 24,000+ retail locations with 300+ diverse products and 100 million consumers, the company has been able to establish a foothold over time in India. Through its dealer channels (online and offline), Pan India buys a variety of consumer goods at reasonable costs. The Cellecor Gadgets warehouse network has locations in West Bengal, Delhi, Assam, Uttar Pradesh, Karnataka, Maharashtra, and
Assam. The top 3 income-producing states, Uttar Pradesh, Delhi, and Haryana, each contributed INR 61.60 crore, INR 59.81 crore, and INR 33.79 crore in FY 2023, which represented 23.33%, 22.63%, and 12.78% of the revenue from operations for the corresponding fiscal years. Cellecor Gadgets categorizes the business verticals into the following categories:
- Entertainment and Communication
- Peripherals
- Modern Accessories
Cellecor Gadgets IPO Details
| Cellecor Gadgets IPO Dates | 15 – 20 Sep 2023 |
| Cellecor Gadgets IPO Price | INR 87 – 92 per share |
| Fresh issue | 55,18,800 shares (INR 48.01 – 50.77 crore) |
| Offer For Sale | NIL |
| Total IPO size | 55,18,800 shares (INR 48.01 – 50.77 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 110,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Cellecor Gadgets Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| Revenue | 0.00 | 121.29 | 264.35 |
| Expenses | 0.03 | 118.30 | 253.75 |
| Net income | (0.03) | 2.14 | 7.97 |
Cellecor Gadgets Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| EPS | (0.09) | 1.92 | 6.84 |
| PE ratio | – | – | 12.72 – 13.45 |
| RONW (%) | (32.0) | 96.57 | 57.71 |
| NAV | 0.27 | 1.99 | 11.86 |
| ROCE (%) | (32.0) | 97.03 | 63.88 |
| EBITDA (%) | – | 2.48 | 4.87 |
| Debt/Equity | – | 0.55 | 1.51 |
Cellecor Gadgets IPO Subscription – Live Updates
- Coming soon
Cellecor Gadgets IPO Dates & Listing Performance
| IPO Opening Date | 15 September 2023 |
| IPO Closing Date | 20 September 2023 |
| Finalization of Basis of Allotment | 25 September 2023 |
| Initiation of refunds | 26 September 2023 |
| Transfer of shares to demat accounts | 27 September 2023 |
| IPO Listing Date | 28 September 2023 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Cellecor Gadgets Offer Lead Manager
NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email: pankaj.passi@narnolia.com
Website: https://www.narnolia.com
Cellecor Gadgets Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
A/506, Dattani Plaza, Andheri Kurla Road,
Safeed Pool, Andheri East, Mumbai – 400 072, Maharashtra
Phone: +91 22 2851 1022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com
Cellecor Gadgets Contact Details
CELLECOR GADGETS LIMITED
No. 703, 7th Floor, Jaksons Crown Heights, Plot No. 3BI Twin,
District Centre, Sector 10 Rohini Delhi 110085 India
Phone: 011-45038228
E-mail: cs@cellecor.in
Website: https://www.cellecor.com
Cellecor Gadgets Offer News
- Cellecor Gadgets RHP
- Cellecor Gadgets Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Cellecor Gadgets IPO FAQs:
Q1. What is Cellecor Gadgets IPO offer size?
Ans. Cellecor Gadgets offer size is INR 48.01 – 50.77 crores.
Q2. What is the Cellecor Gadgets offer price band?
Ans. Cellecor Gadgets public offer price is INR 87 – 92 per share.
Q3. What is the lot size of Cellecor Gadgets public offer?
Ans. Cellecor Gadgets offer lot size is 1,200 shares.
Q4. What is Cellecor Gadgets IPO GMP today?
Ans. Cellecor Gadgets IPO GMP today is INR NA per share.
Q5. What is Cellecor Gadgets kostak rate today?
Ans. Cellecor Gadgets kostak rate today is INR NA per application.
Q6. What is Cellecor Gadgets Subject to Sauda rate today?
Ans. Cellecor Gadgets Subject to Sauda rate today is INR NA per application.
