IPO

Cellecor Gadgets Limited IPO

NSE SME

Listed On: Sep 28, 2023 at ₹ 92.0

₹ 110400 /1200 Shares

Check Allotment

Cellecor Gadgets Limited IPO Details

15 Sep, 2023

Open Date

20 Sep, 2023

Close Date

25 Sep, 2023

Allotment Date

28 Sep, 2023

Listing Date

Issue Price

₹87-92 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

92.0

Listing Date

2023-09-28

Market Lot

1200 Shares (₹110,400/-)

Lead Manager

Narnolia Financial Services Ltd

Issue Size

5,518,800 shares(aggregating up to ₹50.77 Cr)

Retail Portion

35%

Subscription

116.41 times

IPO Docs

DRHP RHP

Cellecor Gadgets Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,048,800 / 787,2001,834,8003,670,800
Day 1 - 15-09-23 06:00 PM0.00 / 1.03 x3.57 x2.00 x
Day 2 - 18-09-23 06:00 PM0.10 / 12.28 x31.50 x18.41 x
Day 3 - 20-09-23 06:00 PM57.58 / 176.89 x124.08 x116.41 x

Cellecor Gadgets Limited Valuations

Earnings Per Share (EPS)

₹6.84/-

P/E Ratio

N/A

RoNW

57.71%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Cellecor Gadgets Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets7,000.522,367.2310.00
Revenue26,436.5612,128.990.00
Profit After Tax797.07213.56-2.42

About The Company

Cellecor Gadgets Limited is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearables, mobile accessories, smart watches, and neckbands.

The company has three business verticals:
1. Entertainment and Communication: Here, the company provides smart and conventional televisions that are fully outfitted with the GENZ Android operating system, and sound systems & sound bars. This category has 35 SKUs of televisions, 15 SKUs of sound systems and sound bars, and 70 SKUs of mobile phones.
2. Peripherals: Here, the company provides True Wireless (TWS) Earbuds, Neckbands, and Smart Watches. These categories have more than 145 SKUs.
3. Modern Accessories: Here, the company provides power banks, data cables, USB chargers, quick chargers, and other items under this category, many Wireless and Standard Power banks, all types of high-strength data lines, and the necessary adapters or chargers for each. More than 40 SKUs fall into this category.

Cellecor Gadgets has more than 1200 service centers, and more than 800 Distributors. Its products are also present at over 24,000 retail stores with more than 300 ranges of products and 100 million users in Pan India through offline and online channels.

The company recorded Rs. 26,436.56 Lacs, and Rs. 12,128.99 Lacs in Revenue from operations in fiscal 2023 and 2022.

Read More

Cellecor Gadgets Limited - Promoter(s)

Pre Issue Share Holding: 69.95%

Post Issue Share Holding: 51.54%

Company Promoter(s)

  1. Mr. Ravi Agarwal
  2. Mr. Nikhil Aggarwal

Cellecor Gadgets Limited IPO - Issue Objectives

  1. Working Capital Requirement
  2. General Corporate Purposes
  3. Issue Expenses.

Cellecor Gadgets Limited IPO - FAQs

Ans. Cellecor Gadgets Limited IPO is a SME IPO. The issue is priced at ₹87-92 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 15, 2023, and closes on Sep 20, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Cellecor Gadgets Limited IPO opens on Sep 15, 2023 and closes on Sep 20, 2023.

Ans. The size of Cellecor Gadgets Limited IPO is 5,518,800 shares(aggregating up to ₹50.77 Cr).

Ans. The IPO price band is set between ₹87-92 per equity share.

Ans. To apply for Cellecor Gadgets Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Cellecor Gadgets Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Cellecor Gadgets Limited IPO is Sep 25, 2023.

Ans. The Cellecor Gadgets Limited IPO will be listed on Sep 28, 2023.

Ans. Follow the steps to check the allotment status for Cellecor Gadgets Limited IPO here.