{"id":4671,"date":"2023-10-28T10:57:26","date_gmt":"2023-10-28T05:27:26","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=4671"},"modified":"2024-08-27T11:51:56","modified_gmt":"2024-08-27T06:21:56","slug":"ipo-cello-world-limited","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/ipo-cello-world-limited\/","title":{"rendered":"IPO : Cello World Limited"},"content":{"rendered":"

Cello World Limited IPO<\/h1>\n

Cello a name that is common in the Indian households for the past 60+ years. Established in 1962 with the vision to be India’s most preferred household brand with innovative & aesthetically superior products at affordable prices. Cello has seamlessly blended innovation, aesthetics, and affordability to become a trusted companion in homes, hotels, restaurants, and catering establishments. With a rich history spanning over 60 years, Cello has continually evolved and diversified its product range to cater to the ever-evolving needs of Indian consumers.<\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0SYMBOL<\/strong><\/td>\nCELLO<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE TYPE<\/strong><\/td>\nBook Built Issue IPO<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE OPENS ON<\/strong><\/td>\nOctober 30, 2023 (Monday)<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE CLOSES ON<\/strong><\/td>\nNovember 1, 2023 (Wednesday)<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE PRICE<\/strong><\/td>\nRs.617 To Rs.648 per share<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE SIZE<\/strong><\/td>\nUp to Rs.1,900.00 Crores<\/strong><\/td>\n<\/tr>\n
\u00a0FACE VALUE<\/strong><\/td>\nRs.5 per share<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Cello World Limited IPO is a book built issue of Rs 1,900.00 crores. The issue is entirely an offer for sale of 2.93 crore shares.<\/p>\n

Cello World Limited IPO opens for subscription on October 30, 2023 and closes on November 1, 2023. The allotment for the Cello World Limited IPO is expected to be finalized on Monday, November 6, 2023. Cello World Limited IPO will list on BSE, NSE with tentative listing date fixed as Thursday, November 9, 2023.<\/p>\n

Cello World Limited IPO price band is set at \u20b9617 to \u20b9648 per share. The minimum lot size for an application is 23 Shares. The minimum amount of investment required by retail investors is \u20b914,904. The minimum lot size investment for sNII is 14 lots (322 shares), amounting to \u20b9208,656, and for bNII, it is 68 lots (1,564 shares), amounting to \u20b91,013,472.<\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0MINIMUM BID<\/strong><\/td>\n23 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MINIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.14,904<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM BID<\/strong><\/td>\n299 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.1,93,752<\/strong><\/td>\n<\/tr>\n
\u00a0PROMOTER HOLDING<\/strong><\/td>\n91.8 % (Post-issue)<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING DATE<\/strong><\/td>\nNovember 9,2023 (Thursday)<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING AT<\/strong><\/td>\nBSE-SME<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Kotak Mahindra Capital Company Limited,\u00a0ICICI Securities Limited,\u00a0Iifl Securities Ltd,\u00a0Jm Financial Limited\u00a0and\u00a0Motilal Oswal Investment Advisors Limited\u00a0are the book running lead managers of the Cello World Limited IPO, while\u00a0Link Intime India Private Ltd\u00a0is the registrar for the issue.<\/p>\n

Refer to\u00a0Cello World Limited IPO RHP\u00a0for detailed information.<\/p>\n

Objects of the Issue (Cello World Limited IPO Objectives)<\/h2>\n

The company will not receive any proceeds from the Offer.<\/p>\n