IPO Deliver

Cello World IPO Dates, Price band, Review & allotment Details 2023

cello logo

Cello World is set to launch an IPO which will open on October 30, 2023, and close on November 01, 2023. Through this public offer company wants to raise Rs. 1,900 Crore from the primary market, Company fixed the IPO price of Rs. 648 with a minimum lot of 14 shares, and list on November 09, according to the preliminary papers filed to the capital market regulator SEBI.

About Cello World Company Coming Soon

Check out the IPO allotment status on IPO Deliver.

Cello World IPO Object

The company will not use the IPO Funds.

Cello World Strength

  1. Experienced management team
  2. Well established brand name and strong market operations
  3. Diversified product portfolio across price catering to diverse customer requirement
  4. Good track record of profitability and growth
  5. PAN India distribution network with a presence across multiple channels.

Cello World Risk Factor

  1. Dependency on distribution network in India.
  2. Company reliance on third party contract manufacturing for some of products subject to risk.

Cello World IPO Review & Rating

Issue Size (Rs.) 1,900 crore
Issue Price (Rs.) 648 per share
Minimum Lot Size 13 shares
Total Profit (March 2023) (Rs.) 285.06 crore
RoNW(%) 23.17
NAV (Rs.) 56.84 per share
Listing on Mainboard (BSE & NSE)
IPO Deliver Rating Medium to Long term

 

Cello World IPO Dates, Price Band & Details

Cello World IPO will open on October 30, 2023, and close on November 01, 2023. The IPO list on November 09, 2023.  

Type of issue Fresh issue
Issue Size (Rs.)  1,900 Crore
Face Value (Rs.) 05 /-
IPO Open October 31, 2023
IPO Close November 01, 2023
IPO Allotment Date November 06, 2023
Refund Date November 07, 2023
Share Credit Date to Demat A/c November 08, 2023
Listing Date November 09, 2023

 

Cello World IPO Offer

Cello World IPO total issue size is 23,320,987 shares which comprises below mentioned categories.

Offer Category Shares Offer Amount
Fresh Issue
Offer for Sale (OFS) 29,320,987 1900 crore

 

Cello World Financials Review (crore)

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category (Rs.) March 31, 2023 March 31, 2022 March 31, 2021
Total Revenue 1,813.44 1,375.11 1,059.58
Net Worth 665.73 444.04 289.59
Profit 285.06 219.52 165.55
Total Borrowings 335.11 462.91 334.07

 

Cello World IPO Quantitative Factors

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category March 31, 2023 March 31, 2022 March 31, 2021
EPS (Rs.) 13.65 10.46 7.75
RoNW (%) 23.17 45.94 52.21
NAV (Rs.) 56.84

 

Cello World IPO Peers Comparison (Top 2)

Comparison with the other same segment listed companies in India

Company Names EPS (Rs.) RoNW (%) NAV (Rs.)
Borosil Ltd. 7.86 11.55 67.97
Hawkins Ltd. 179.24 34.32 522.20

 

Cello World Company Promoters

As per the DRHP and RHP, the company has three Promoters.  

Serial No. Name
01. Pradeep Rathod
02. Pankaj Rathod
03. Gaurav Pradeep Rathod

 

Cello World Pre-offer and Post-Offer Promoters Shareholding

Promoter and promoter group Shareholding Percentage (%)
Pre-Issue 100
Post- Issue 91.8

.

Cello World IPO Reservation

Cello World IPO total reservation of 29,320,987 shares, distributed between the below-mentioned categories.

Category No. of Shares
QIB Share offered Not more than 50% of the offer size
NII (HNI) Share offered Not less than 15% of the offer size
RII Share offered Not less than 35% of the offer size

 

Cello World IPO – Market Lot Size

An individual investor can apply for a minimum of 1 lot of 13 Shares and a maximum of 13 lots of 299 shares. Market lot sizes for retail investors are as follows:

Application Lot Size No. of Shares Amount (Rs.)
Retail Minimum 1 23 14,904
Retail Maximum 13 299 1,93,752

 

Cello World IPO – Prospectus

An investor can download/view the Cello World Limited prospectus copy, which was filed by the company to SEBI, details are as follows.

Cello World IPO Prospectus Download/View Links
Draft Red Herring Prospectus (DRHP) Click here
Red Herring Prospectus (RHP) Click here

 

Cello World IPO Registrar

Link Intime India Private Limited

Tel: +91 22 49186270

E-Mail: cello.ipo@linkintime.co.in

Website: www.linkintime.co.in

Cello World IPO lead manager

#1. Kotak Mahindra Capital Company Limited

#2. ICICI Securities Limited

#3. IIFL Securities Limited

#4. JM Finance Limited

#5. Motilal Oswal Investment Advisors Limited

Cello World IPO Application (How to Apply for an IPO)

There are primary four options for applying a Cello World IPO, details are as follows:

Option-1 Apply for IPO through Internet Banking

Step-1. Log into your bank account.

Step-2. In the invest Tab, you will see ASBA, click on it.

Step-3. Choose to apply for IPO and select the ongoing IPO “Cello World Limited

Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.

Step-5. After the above steps, the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.

Option-2 Apply for IPO through a Broker firm

Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)

Step-2. Click on the IPO tab and select the ongoing IPO “Cello World Limited

Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.

Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or get refunded in case no allotment is made to you.

Option-3 Apply for IPO Offline Mode Bank mode

Step-1. Visit the nearest branch of your bank.

Step-2. Fill out the ASBA form and submit it with KYC details.

Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.

Option – 4 Apply for IPO through Stock Exchanges

NSE Form – Click to download

BSE Form – Click to download

Submit the form with your bank/broker.

Cello World Company Details

Cello World Limited (2018)

Registered Office: 597/2A, Somnath Road, Dabhel Nani Daman-396210, Daman and Diu, India

Tel: +91 22 26851027

Email: grievance@celloworld.com

Website: www.corporate.celloworld.com  

Investor Grievances/Compliance Officer: Hemangi Trivedi

Cello World Subsidiary Companies

Serial No. Name of Companies
01. Cello Household Products Pvt. Ltd.
02. Cello Houseware Pvt. Ltd.
03. Cello Industries Pvt. Ltd.

 

 

Cello World Company Board (Top 2)

Serial No. Name of Directors
01. Pradeep Rathod
02. Pankaj Rathod

 

Cello World IPO – Frequently Asked Questions (FAQ’s)

Q-1 What is Cello World IPO?

Ans: Cello World brings its mainboard of Rs. 1,900, on October 30 with a price band of Rs. 648. 

Q-1 what is Cello World IPO Open date?

Ans: Cello World IPO opening date is October 30, 2023.

Q-2 what is Cello World IPO Close date?

Ans: Cello World IPO closing date is November 01, 2023.

Q-3 What is Cello World IPO Listing date?

Ans: Cello World IPO listing date is November 09 2023.

Q-4 What is Cello World IPO Minimum investment amount?

Ans: Cello World IPO minimum investment amount is Rs. 14,904.

Q-5 What is Cello World IPO offer issue Size?

Ans: Cello World offer an issue size of Rs. 1,900 Crores.

Q-6 What is Cello World IPO Price Band?

Ans: Cello World IPO price band is Rs 648 per share.

Q-7 Is Cello World IPO mainboard IPO or SME IPO?

Ans: Cello World IPO is the Mainboard.

22 thoughts on “Cello World IPO Dates, Price band, Review & allotment Details 2023”

  1. Hello! I could have sworn I’ve been to this site before but after browsing through some of the post I realized it’s new to me. Nonetheless, I’m definitely glad I found it and I’ll be book-marking and checking back often!

    Reply
  2. What’s Going down i’m new to this, I stumbled upon this I’ve discovered It absolutely useful and it has helped me out loads. I am hoping to contribute & assist other customers like its helped me. Good job.

    Reply
  3. Hello, you used to write magnificent, but the last several posts have been kinda boring… I miss your tremendous writings. Past several posts are just a little out of track! come on!

    Reply
  4. Hello! Someone in my Myspace group shared this website with us so I came to check it out. I’m definitely enjoying the information. I’m bookmarking and will be tweeting this to my followers! Wonderful blog and excellent design and style.

    Reply

Leave a Comment