Cello World Limited IPO

Mainboard

Houseware

Listed On: Nov 6, 2023 at ₹ 829.0(NSE)

₹ 14904 /23 Shares

Check Allotment

Price Summary

Last Closing

860.20 (32.75%)

52 Week High

1,025.00

52 Week Low

711.20

Last Update

8-Nov-2024 3:30 PM

Cello World Limited IPO Details

30 Oct, 2023

Open Date

01 Nov, 2023

Close Date

02 Nov, 2023

Allotment Date

06 Nov, 2023

Listing Date

Issue Price

₹617-648 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

829.0(NSE)

Listing Date

2023-11-06

Market Lot

Retail : 23 Shares (₹14,904/-)
S-HNI : 322 Shares (₹2,08,656/-)
B-HNI : 1,564 Shares (₹10,13,472/-)

Lead Manager

Kotak Mahindra Capital Company Limited
ICICI Securities Limited
Iifl Securities Ltd
Jm Financial Limited
Motilal Oswal Investment Advisors Limited

Issue Size

OFS : 29,320,987 shares of ₹5(aggregating up to ₹1,900.00 Cr)

Retail Portion

35% (Number of Retail Applications: 4,43,597 Approx),
(Number of S-HNI Applications : 4,526 Approx),
(Number of B-HNI Applications : 9,063 Approx)

Subscription

38.90 times

IPO Docs

DRHP RHP ANCHOR

Cello World Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Employee	Total
Shares Offered / Reserved	5,833,334	4,375,000 2,916,667 1,458,333	10,208,333	170,357	20,587,024
Day 1 - 30-10-23 05:00 PM	0.02 x	0.94 1.00 x 0.83 x	0.35 x	0.42 x	0.38 x
Day 2 - 31-10-23 05:00 PM	0.05 x	4.36 4.84 x 3.38 x	1.04 x	1.26 x	1.44 x
Day 3 - 01-11-23 05:00 PM	108.57 x	24.42 28.58 x 16.10 x	3.06 x	2.60 x	38.90 x

Total No. of Applications: 13,16,808 (Approx)

Retail Subscription on the basis of Applications: 2.97 times

Cello World Limited Valuations

Earnings Per Share (EPS)

₹13.65/-

P/E Ratio

N/A

RoNW

23.17%

Net Asset Value (NAV) - As on 30.06.23

₹N/A

Cello World Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	1,551.69	1,333.66	1,146.51
Revenue	1,813.44	1,375.11	1,059.58
Profit After Tax	285.06	219.52	165.55

About The Company

Cello World 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.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Cello World Limited	N/A	N/A	23.17%	N/A
Borosil Limited	N/A	50.59	11.55%	N/A
Kokuyo Camlin Limited	N/A	57.97	9.31%	N/A
La Opala RG Limited	N/A	40.81	15.87%	N/A
Stove Kraft Limited	N/A	51.49	8.87%	N/A
TTK Prestige Limited	N/A	43.78	13.11%	N/A
Linc Limited	N/A	33.39	20.38%	N/A
Hawkins Cookers Limited	N/A	40.23	34.32%	N/A

Cello World Limited IPO - Ratings

Axis Capital	Neutral
BP Equities (BP Wealth)	Subscribe
Capital Market	May Apply
Choice Equity Broking Pvt Ltd	Subscribe
Geojit Securities Ltd	Subscribe
Motilal Oswal	Neutral
Reliance Securities	Subscribe

Cello World Limited - Promoter(s)

Pre Issue Share Holding: 91.8%

Post Issue Share Holding: 78.06%

Company Promoter(s)

Pradeep Ghisulal Rathod
Pankaj Ghisulal Rathod
Gaurav Pradeep Rathod

Cello World Limited IPO - Issue Objectives

The company will not receive any proceeds from the Offer.

Cello World Limited IPO - Anchor Investors

Cello World raises Rs 567 crore from anchor investors ahead of IPO.

Several marquee investors participated in the anchor book of the company including Goldman Sachs, Nomura, Morgan Stanley, Florida Retirement System, HSBC, and Eminence Global Fund, CLSA Global, and BNP Paribas Arbitrage.

Among others, ICICI Prudential Mutual Fund, Aditya Birla Sun Life Trustee, HDFC Mutual Fund, Motilal Oswal Mutual Fund, Ashoka India Opportunities Fund, Tata Mutual Fund, Edelweiss Trusteeship, Invesco India, and Quant Mutual Fund also invested in Cello World via anchor book.

Cello World Limited IPO - FAQs

Ans. Cello World Limited IPO is a Mainboard IPO. The issue is priced at ₹617-648 per equity share. The minimum order quantity is 23 Shares. The IPO opens on Oct 30, 2023, and closes on Nov 1, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Cello World Limited IPO opens on Oct 30, 2023 and closes on Nov 1, 2023.

Ans. The size of Cello World Limited IPO is OFS : 29,320,987 shares of ₹5(aggregating up to ₹1,900.00 Cr).

Ans. The IPO price band is set between ₹617-648 per equity share.

Ans. To apply for Cello World Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Cello World 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 Cello World Limited IPO is Nov 2, 2023.

Ans. The Cello World Limited IPO will be listed on Nov 6, 2023.

Ans. Follow the steps to check the allotment status for Cello World Limited IPO here.