Cello World Limited IPO
Price
₹617 - ₹648
Lot
23
Subs.
41.69
Expected Listing Earning

Exp. Premium(GMP):
180.99(27.93%)
IPO Details

Open Date: 30-Oct-2023
Close Date: 01-Nov-2023
Allotment Date: 02-Nov-2023
Listing Date: 06-Nov-2023
Listing Price: ₹829/-
Face Value: ₹5 Per Equity Share
Issue Price: ₹617-648 Per Equity Share
Issue Size: Total Issue Size 29,320,987 shares (aggregating up to ₹1,900.00 Cr) : Offer for Sale 29,320,987 shares of ₹5 (aggregating up to ₹1,900.00 Cr)
Market Lot (Min Amount): Retail - ₹14,904 : S-HNI - ₹208,656 : B-HNI - ₹1,013,472
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Emp

Total

Shares Offered/Reserved5,833,3344,375,00010,208,333170,35720,587,024
Day 1 - 22-11-23 
05:00 PM		0.02x0.99x0.38x0.45x0.41x
Day 2 - 23-11-23 
05:00 PM		0.05x4.58x1.11x1.34x1.55x
Day 3 - 24-11-23 
05:00 PM		122.20x25.65x3.21x2.74x41.69x
Total No. of Application:1,316,828 (Approx.)
Retail Subscription on the basis of Apps:2.97x
Valuations

Earning Per Share(EPS)₹13.96/-
P/E RatioN/A
RoNW23.17%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,20231,551.691,813.44285.07
31 Mar,20221,333.661,375.11219.52
31 Mar,20211,146.511,059.58165.55
Promoter(s)

Pre Issue Share Holding91.8%
Post Issue Share Holding78.06%
Company Promoter(s)
1. Pradeep Ghisulal Rathod
2. Pankaj Ghisulal Rathod
3. Gaurav Pradeep Rathod
Issue Objective(s)

The company will not receive any proceeds from the Offer.

About Company

Cello World Limited 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.

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 comprises of 683 members.
 
The core strength of the company lies in the following
  • Strong market position and branding
  • Diverse 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.
Disclaimer

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Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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