The famous Indian consumer product company Cello World IPO will be hit the market 30 October 2023 and closes on 01 November 2023. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹1900 crore through Offer for sale this IPO.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
Cello World Limited is consumer ware company is broadly divided into two categories, consumer houseware and consumer glassware. The company is a prominent player in the consume ware market in India with presence in the consumer houseware, writing instruments and stationery, and molded furniture and allied products and consumer glassware categories. You can check Cello World IPO GMP here.
The product portfolio that caters to a diverse range of consumer requirements, and offers a broad range of contemporary products across different ranges, types of material and price points. As of June 30, 2023, we offered 15,891 stock-keeping units (“SKUs1 ”) across our product categories.
The company own/lease and operate 13 manufacturing facilities across five locations in India, as of June 30, 2023, and the are currently establishing a glassware manufacturing facility in Rajasthan. the company manufacturing capabilities allow manufacture a diverse range of products in-house.
| Read also: Upcoming IPO List 2023 |
The company has a strong pan-India distribution network. The Consumer Houseware network 717 distributors and approximately 58,716 retailers located across India, and Writing Instruments and Stationery 29 super-stockiest, approximately 1,509 distributors and approximately 60,826 retailers located across India and Molded Furniture and allied Products 1,067 distributors and approximately 6,840 retailers located across India. You can check Cello World IPO subscription status here.
Object Of the Issue :
- The company will not receive any proceeds from the Offer.
Company Strengths :
- Well-established brand name and strong market positions.
- Diversified product portfolio across price points catering to diverse consumer requirements.
- Track record of scaling up new businesses and product categories.
- Pan-India distribution network with a presence across multiple channels.
- Ability to manufacture a diverse range of products and maintain optimal inventory levels.
- Skilled and experienced management team.
- Strong historical financial results.
Cello World IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹285.07 Cr ₹648 EQ 13.65 47.47x 39.90 % 23.17 % 44.48 % 0.62 ₹19.27 ₹1,686.05 Cr ₹13752.57 Cr 91.80 % 78.06 % |
| Team Review : | ✔ Apply For Long Term |
Cello World IPO Date & Price Band & Details :
| Issue Type : | Book Built Issue |
| IPO Open : | 30 October 2023 |
| IPO Close : | 01 November 2023 |
| Face Value : | ₹5 Equity Share |
| Price Band : | ₹617 – ₹648 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1900.00 Cr {29,320,987 Shares} |
| Offer For Sale : | ₹1900.00 Cr {29,320,987 Shares} |
| EMP Discount : | ₹61 Per share |
Cello World IPO Market Lot :
Cello World IPO Minimum Market lot is 1 Lot with 23 shares with ₹14,904 Application amount. The retail investors can apply up to 13 lots with 299 Shares or ₹193,752 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 23 | ₹14,904 |
| Retail Maximum : | 13 | 299 | ₹193,752 |
| S-HNI Minimum : | 14 | 322 | ₹208,656 |
| S-HNI Maximum : | 67 | 1541 | ₹998,568 |
| B- HNI Minimum : | 68 | 1564 | ₹1,013,472 |
Cello World IPO Reservation :
Cello World IPO Total Reservation of 29,337,023 shares are to be bid for the public issue by Cello World IPO with 14,583,333 for QIB and 4,375,000 for NII 10,208,333 For RII & 170,357 Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 14,583,333 | ₹945.00 Cr |
| NII : | 15% | 4,375,000 | ₹283.50 Cr |
| RII : | 35% | 10,208,333 | ₹661.50 Cr |
| EMP : | – | 170,357 | ₹11.04 Cr |
| Total : | 100% | 29,337,023 | ₹1901.00 |
Cello World IPO EPS & RoNW :
The Cello World company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹13.65 | 23.17% | ₹34.14 |
| 2022 | ₹10.46 | 45.94% | ₹22.77 |
| 2021 | ₹7.75 | 52.21% | ₹14.85 |
Cello World IPO Peer Comparison PE :
The Cello World, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Borosil Limited | 50.59 |
| 2. | Kokuyo Camlin Limited | 57.97 |
| 3. | La Opala RG Limited | 40.81 |
| 4. | Stove Kraft Limited | 51.49 |
| 5. | TTK Prestige Limited | 43.78 |
| 6. | Linc Limited | 33.39 |
| 7. | Hawkins Cookers Limited | 40.23 |
Cello World IPO Dates :
Cello World IPO Date is 30 October 2023 and closes on 01 October 2023. The allotment will be finalized on 06 November 2023 and the IPO may list on 09 November 2023.
| Anchor Date : | 29 October 2023 |
| Open Date : | 30 October 2023 |
| Close Date : | 01 November 2023 |
| Allotment Date : | 06 November 2023 |
| Refund Date : | 07 November 2023 |
| Share Credit Date : | 08 November 2023 |
| Listing Date : | 09 November 2023 |
Cello World IPO Form :
There are two ways to apply in Cello World IPO. You can apply for Cello World IPO through ASBA available in your bank account. You have to go to your online bank login and select Cello World IPO in the Invest section and apply through your bank account. Another option is you can apply for Cello World IPO through IPO form download through NSE and BSE. See the Cello World IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Cello World Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹1,813.44 | ₹1,428.24 | ₹285.07 |
| 2022 | ₹1,375.11 | ₹1,076.00 | ₹219.52 |
| 2021 | ₹1,059.58 | ₹823.89 | ₹165.55 |
Company Promoters :
■ Pradeep Ghisulal Rathod
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Cello World IPO Lead Managers :
■ Kotak Mahindra Capital Company Limited
■ ICICI Securities Limited
■ IIfl Securities Ltd
■ JM Financial Limited
■ Motilal Oswal Investment Advisors Limited
Cello World IPO Registrar :
Link Intime India Private Limited
C-101, 1st Floor
247 Park, L.B.S. Marg, Vikhroli West
Mumbai 400 083
Maharashtra, India
Telephone: +91 810 811 4949
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Cello World IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Cello World Limited
597/2A, Somnath Road
Dabhel, Nani Daman
Daman – 396 210
Daman and Diu, India
Phone: +91 22 2685 1027
Email: [email protected]
Website: https://celloworld.com/
Cello World IPO FAQs :
What is Cello World IPO?
Cello World IPO is Mainboard IPO. They are going to raise ₹1900.00 Crores via IPO. The issue is priced at ₹617-₹648 per equity share. The IPO is to be listed on NSE, BSE.
When Cello World IPO will open?
The IPO is to open on 30 Oct- 01 Nov for QIB, NII & RII.
What is the Offer For Sale size of Cello World IPO?
The Offer For Sale size of Cello World IPO ₹1900.00 Cr.
What is Cello World IPO Price Band?
Cello World IPO Price Band is ₹617-₹648 Per share.
What is Cello World IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Cello World IPO Allotment Date?
Cello World IPO allotment date is 06 November 2023.
What is Cello World IPO Listing Date?
Cello World IPO listing date is 09 November 2023. The IPO to list on NSE, BSE.
How to Apply the Cello World IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Cello World IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Cello World IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Cello World IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Cello World IPO GMP: Click Here Cello World IPO Subscription: Click Here Cello World IPO Allotment: Click Here Cello World IPO Listing: Click Here Cello World IPO Web Story: Click Here |
All Cello World IPO-related links are available here. If you want to know the details then click on Click Here Link.
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