Cello World Limited (MAINBOARD)
Oct 30, 2023 - Nov 1, 2023
| Price | ₹617 - ₹648 |
| Premium | ₹179 |
|---|---|
| Lot size | 23 |
| Allotment | Nov 2, 2023 |
| Listing | Nov 6, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 23 | 14904 | 443597 |
| sHNI | 14 | 322 | 208656 | 4526 |
| bHNI | 68 | 1564 | 1013472 | 9053 |
Last Updated as on 01-Nov-2023 17:51:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 62,51,929 | 71,28,59,562 | 114.02 |
| HNIs | 43,75,000 | 11,22,14,562 | 25.65 |
| HNIs (10+L) | 29,16,667 | 8,75,55,388 | 30.02 |
| HNIs (2-10L) | 14,58,334 | 2,46,59,174 | 16.91 |
| Retail | 1,02,08,334 | 3,27,68,974 | 3.21 |
| Employees | 1,71,252 | 4,67,567 | 2.73 |
| Total | 2,10,06,514 | 85,83,10,665 | 40.86 |
Cello World is a famous Indian consumer product company mainly dealing in three categories such as writing instruments and stationery, molded furniture, consumer housewares and related products.
The company has an experience of more than 60 years in the field of consumer product industry which enables them to better understand consumer preferences and choices.
Cello World has 13 manufacturing units situated in 5 different locations in India. The company also aims to set up a glass manufacturing unit in Rajasthan with European made machinery to enable efficient productivity and enhanced manufacturing capacity.
- Strong market position and branding
- Mutliple 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
| 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 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 |
Company Financials
Cello World Limited Financial Information (Restated Consolidated)
Cello World Limited's revenue increased by 31.88% and profit after tax (PAT) rose by 29.85% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Jun 2023 | Mar 2023 | Mar 2022 | 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 | 82.83 | 285.06 | 219.52 | 165.55 |
| Net Worth | 1,226.56 | 665.73 | 444.04 | 289.59 |
| Reserves | 784.91 | 238.75 | 87.26 | 98.66 |
| Borrowing | 328.64 | 335.11 | 462.91 | 334.07 |
| Amount in ₹ Crore | ||||
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: celloworld.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html