Cello World Limited

Company Profile
Company Name Cello World Limited
Open Date 30-10-2023
Close Date 01-11-2023
Exchange BSE, NSE
Lot Size 23 Shares
Issue Price ₹617 to ₹648 per share
Issue Size 2,93,20,987 Equity Shares
Application Amount Min. Inv. - ₹ 14,904 (23 shares) Max. Inv. – ₹ 1,93,752 (299 shares)
Recommendation Apply

Cello World Limited was originally incorporated in the year 2018 and has its registered office in Daman and Diu. The company operates in the consumer ware market in India with a presence in consumer houseware, writing instruments and stationery, moulded furniture and allied products and consumer glassware categories. The company owns/leases and operates 13 manufacturing facilities across five locations in India. As of 30th June 2023, the Company has 5,502 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 1,14,651 1,33,366 1,55.169
Net Assets -10,675 8,764 33,645
Total Borrowings 32,206 45,247 32,606
Total Revenue 1,05,958 1,37,510 1,81,343
Profit After Tax 16,554 21,952 28,506

Tentative Timeline

Opening Date 30/10/2023
Closing Date 01-11-2023
Basis of Allotment 06-11-2023
Initiation of Refunds 07-11-2023
Credit of Shares to Demat 08-11-2023
Listing Date 09-11-2023

Objects of the Issue

The company will not receive any proceeds from the offer.

Contact Information

Registered Office Cello World Limited 597/2A, Somnath Road, Dabhel Nani Daman –396 210,
Phone +91 22 2685 1027
Email grievance@celloworld.com
Website https://celloworld.com/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email celloworld.ipo@linkintime.co.in
Website https://linkintime.co.in/mipo/ipoallotment.html

IPO Reservation

Anchor Investor Shares Offered 87,49,999 (29.83%)
QIB Shares Offered 58,33,334 (19.88%)
NII (HNI) Shares Offered 43,75,000 (14.91%)
bNII > ₹10L 29,16,667 (9.94%)
sNII < ₹10L 14,58,333 (4.97%)
Retail Shares Offered 1,02,08,333 (34.80%)
Employee Shares Offered 1,70,357 (0.58%)
Total Shares Offered 2,93,37,023 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 91.8%
Share Holding Post Issue (Promoters) 78.06%

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