Cellecor Gadgets Limited

Company Profile
Company Name Cellecor Gadgets Limited
Open Date 15-09-2023
Close Date 20-09-2023
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹87 to ₹92 per share
Issue Size 55,18,800 Equity Shares
Application Amount ₹ 1,10,400
Recommendation Avoid
Cellecor Gadgets Limited was incorporated in the year 2020 and has its registered office in New Delhi. The Company is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearables, mobile accessories, smart watches, and neckbands. The company sell the products under the flagship brand, i.e., CELLECOR. The company categorize the business into Entertainment and communication, Peripherals, and Modern Accessories. As of 31st March 23, the Company has 211 employees on its payroll
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 10.00 2,367.23 7,002.52
Net Assets 7.58 221.14 1,381.26
Total Borrowings - 121.75 2,084.38
Total Revenue - 12,128.99 26,436.56
Profit After Tax -2.42 213.56 797.07

Tentative Timeline

Opening Date 15-09-2023
Closing Date 20-09-2023
Basis of Allotment 25-09-2023
Initiation of Refunds 26-09-2023
Credit of Shares to Demat 27-09-2023
Listing Date 28-09-2023

Objects of the Issue

Working Capital Requirements
General Corporate Purposes.
Issue Expenses

Contact Information

Registered Office Cellecor Gadgets Limited Unit No. 703, 7th Floor, Jaksons Crown Heights Plot No. 3BI Twin District Centre, Sector 10 Rohini Delhi - 110085
Phone 011 – 45038228
Email cs@cellecor.in
Website https://cellecor.com/

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022
Email compliances@skylinerta.com
Website https://www.skylinerta.com/ipo.php

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer
Retail Shares Offered Not less than 35.00% of the Offer

Shareholding Pattern

Pre Issue Share Holding (Promoters) 69.95%
Post Issue Share Holding (Promoters) 51.54%

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