Cello World IPO GMP, Price, Date, Allotment

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Cello World, established in 2018, is a well-known Indian company specializing in consumer products. It holds a prominent position in various sectors, including consumer houseware, writing instruments and stationery, as well as molded furniture and related products. The company ranks among the top brands in the Indian consumer goods market.

Cello World has a strong track record of successfully expanding into new business segments and product categories. In 2017, the company introduced its glassware and opalware products under the ‘Cello’ brand. Additionally, the ‘Unomax’ brand was launched in 2019 for writing instruments and stationery, and a cleaning aids business was initiated in 2017 under the ‘Kleeno’ sub-brand (part of the ‘Cello’ brand). As of June 30, 2023, Cello World offers a wide range of 15,891 stock-keeping units (SKUs) across its diverse product categories.

As of the same date in June 2023, Cello World operates 13 manufacturing facilities at five different locations. These facilities have a combined annual production capacity of 57.77 million units for consumer houseware products, 15,000 tonnes for opal ware and glassware, 705 million units for writing instruments and stationery products, and 12.8 million units for molded furniture and related products. Furthermore, the company maintains a quality control team consisting of 59 employees.

Cello World IPO Date & Price Band Details

IPO Open DateOctober 30, 2023
IPO Close DateNovember 1, 2023
IPO SizeApprox ₹1900 Crores
Offer for SaleApprox ₹1900 Crores
Face Value₹5 Per Equity Share
IPO Price Band₹617 to ₹648 Per Share
IPO ListingBSE & NSE
Retail Quota35%
QIB Quota50%
NII Quota15%
DiscountN/A
DRHP ProspectusClick Here
RHP ProspectusClick Here

Objects of the Issue

  • NA

Profit & Loss (All Figures in Crores, Adjusted EPS in Rupees)

PARTICULARSMAR 2021MAR 2022MAR 2023
Net Sales523.32627.08907.57
Total Expenditure454.47574.75855.84
Operating Profit68.8452.3351.73
Other Income6.321.192.23
Interest0.250.310.55
Depreciation0.220.701.66
Exceptional Items000
Profit Before Tax74.6952.5151.75
Provision for Tax18.3313.5613.69
Net Profit56.3638.9638.06
Adjusted EPS (Rs.)0.290.200.20

Balance Sheet (All Figures are in Crores)

PARTICULARSMAR 2021MAR 2022MAR 2023
Equity and Liabilities
Share Capital0.010.0197.50
Total Reserves93.77132.0772.28
Borrowings000
Other N/C liabilities0.330.08480.31
Current liabilities180.22209.10220.78
Total Liabilities274.33341.26870.88
Assets
Net Block1.362.195.54
Capital WIP000
Intangible WIP02.764.78
Investments0.961.96333.11
Loans & Advances01.370.53
Other N/C Assets00.020.01
Current Assets272332.95526.91
Total Assets274.33341.26870.88

EventDate
Cello World IPO Opening DateOctober 30, 2023
Cello World IPO Closing DateNovember 1, 2023
Finalization of Basis of AllotmentNovember 6, 2023
Initiation of refundsNovember 7, 2023
Transfer of shares to demat accountsNovember 8, 2023
Cello World IPO Listing DateNovember 9, 2023

Cello World IPO Market Lot

ApplicationLot SizeSharesAmount
Retail Minimum123₹14,904
Retail Maximum13299₹193,752
S-HNI Minimum14322₹208,656
B-HNI Minimum681564₹1,013,472

Peer Group

Borosil Limited
Kokuyo Camlin Limited
La Opala RG Limited
Stove Kraft Limited
TTK Prestige Limited
Linc Limited
Hawkins Cookers Limited

Company Promoters

Pradeep Ghisulal Rathod
Pankaj Ghisulal Rathod
Gaurav Pradeep Rathod

Cello World IPO Registrar

Link Intime India Private Ltd
Phone:+91-22-4918 6270
Email:celloworld.ipo@linkintime.co.in
Website:Link Intime

Cello World IPO Lead Managers

Kotak Mahindra Capital Company Limited
ICICI Securities Limited
Iifl Securities Ltd
Jm Financial Limited
Motilal Oswal Investment Advisors Limited

Company Address

Cello World Limited
597/2A, Somnath Road, Dabhel
Nani Daman – 396 210,
Phone:+91 22 2685 1027
Email:grievance@celloworld.com
Website:Cello World

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