The Cello World Limited IPO is a book-built offering worth Rs 1,900.00 crore. The issue is completely a purchase offer. Cello World Limited’s initial public offering (IPO) begins on October 30, 2023 and concludes on November 1, 2023. The Cello World Limited IPO allotment is expected to be completed on Monday, November 6, 2023. Cello World Limited’s initial public offering (IPO) will be listed on the BSE and NSE on Thursday, November 9, 2023.
Cello World is a well-known Indian consumer goods company that specializes in three areas: writing tools and stationery, molded furniture, consumer housewares, and related products. The company has almost 60 years of expertise in the consumer product market, which allows them to better understand consumer preferences and choices. Cello World has 13 production units spread across five distinct Indian states. The company also intends to establish a glass manufacturing unit in Rajasthan using European-made gear to improve efficiency and
manufacturing capacity. As of March 31, 2023, the company has 15,841 stock-keeping units (“SKU“) across all product ranges. As of March 31, 2023, the company’s national sales distribution team consists of 683 members.
The core strength of the company lies in the following:
- Strong market position and branding
- multiple 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.
Cello World Limited IPO Details
| IPO Date | October 30, 2023 to November 1, 2023 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | |
| Offer for Sale | [.] shares of ₹5 (aggregating up to ₹1,900.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 195,000,000 |
| Share holding post issue | 212,231,034 |
Cello World Limited IPO Timeline
| IPO Open Date | Monday, October 30, 2023 |
| IPO Close Date | Wednesday, November 1, 2023 |
| Basis of Allotment | Monday, November 6, 2023 |
| Initiation of Refunds | Tuesday, November 7, 2023 |
| Credit of Shares to Demat | Wednesday, November 8, 2023 |
| Listing Date | Thursday, November 9, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 1, 2023 |
Cello World Limited IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Cello World Limited IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 91.8% |
Cello World Limited Financial Information
| 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 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 134.43% |
| ROCE | 44.48% |
| EPS (Rs) | 13.65 |
| RoNW | 23.17% |
Cello World Limited Contact Details
Cello World Limited
597/2A, Somnath Road,
Dabhel
Nani Daman 396 210,
Phone: +91 22 2685 1027
Email: [email protected]
Website: https://celloworld.com
Cello World Limited IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/mipo/ipoallotment.html
Cello World Limited IPO FAQs
Q1. What is the Cello World Limited IPO?
Ans. Cello World Limited IPO is a main-board IPO of [.] equity shares of the face value of ₹5, aggregating up to ₹1,900.00 crore. The issue is priced at [.] to [.] per share. The minimum order quantity is The IPO opens on October 30, 2023, and closes on November 1, 2023. Link Intime India Private Ltd. is the registrar for the IPO. The shares are proposed to be listed on the BSE and NSE.
Q2. When will Cello World Limited IPO will open?
Ans. The Cello World Limited IPO opens on October 30, 2023 and closes on November 1, 2023.
Q3. What is the lot size of Cello World Limited IPO?
Ans. Cello World Limited IPO lot size and the minimum order quantity is not available at this time. Please check again later.
Q4. When is Cello World Limited IPO allotment?
Ans. The finalization of Basis of Allotment for Cello World Limited IPO will be done on Monday, November 6, 2023, and the allotted shares will be credited to your demat account by Wednesday, November 8, 2023.
Q5. When is Cello World Limited IPO listing date?
Ans. The Cello World Limited IPO listing date is not yet announced. The tentative date of Cello World Limited IPO listing is Thursday, November 9, 2023.
