Cello World Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹617 - ₹648
- Lot size
- 23 shares
- Issue amount
- ₹1,900 cr
- Total subscription
- 40.86×
- Opens
- 30 Oct 2023
- Closes
- 1 Nov 2023
- Allotment
- 2 Nov 2023
- Listing
- 6 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 2,93,20,987 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹14,191
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹1,900 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,904
- Issue type
- Book Built Issue IPO
- Shares before issue
- 19,50,00,000
- Shares after issue
- 21,22,31,034
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 23 | ₹14,904 |
| sHNI | 14 | 322 | ₹2,08,656 |
| bHNI | 68 | 1,564 | ₹10,13,472 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 405.12 | 46,193.3 |
| RETAIL | 661.5 | 2,123.43 |
| HNIs 2+ | 94.5 | 1,597.91 |
| HNIs 10+ | 189 | 5,673.59 |
| EMPLOYEES | 11.1 | 30.3 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 13.65 |
| ROE | 39.9 |
| ROCE | 44.48 |
| RONW | 23.17 |
| PRE IPO(PE) | 0 |
| POST IPO(PE) | 41.51 |
Values and labels as reported in the issue data.
Company information
Company profile
Cello World is a well-known Indian consumer product company engaged in writing instruments and stationery, molded furniture, and consumer housewares. With over 60 years of experience, the company has developed a deep understanding of consumer needs and preferences. It operates 13 manufacturing units across 5 locations in India and also plans to set up a glass manufacturing unit in Rajasthan with advanced European machinery to boost productivity and capacity. As of March 31, 2023, Cello World has 15,841 SKUs across its product portfolio and a national sales distribution team of 683 members.
Strengths
- Strong Market Presence & Brand Recognition
- Diverse Product Range catering to varied customer needs
- Proven Track Record in scaling businesses and product categories
- Experienced Management Team with strong domain expertise
Promoters
Pradeep Ghisulal Rathod
Pankaj Ghisulal Rathod
Gaurav Pradeep Rathod
Registrar & documents
Lead manager
Kotak Mahindra Capital Company Limited, ICICI Securities Limited, IIFL Capital Services Limited, Jm Financial Limited, Motilal Oswal Investment Advisors Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
597/2A, Somnath Road, Dabhel Nani Daman –396 210
+91 22 2685 1027
[email protected]Company website ↗Understanding CELLO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.