Cell Point IPO GMP, Review, Price, Allotment

Last updated on June 28, 2023

Cell Point IPO description – Incorporated in 2013, Cell Point India is engaged in multi-brand retail selling of smartphones, tablets, mobile accessories, and mobile-related products and allied accessories of various brands such as Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, GIONEE, VIVO, etc.

It’s also engaged in retail selling of some of the consumer durable electronics goods, specifically, smart televisions of various brands such as Xiaomi, Realme, and One Plus. All its products are sold through its 75 retail stores in Andhra Pradesh.

The company also provides payment options such as credit/EMI facilities including UPI, vouchers, & pay on-delivery to its customers for buying its products for which the company has tied up with major leading credit houses like Bajaj Finserv, Capital First, TVS Credit finance, etc.

Promoters of Cell Point – Mr. Mohan Prasad Panday and Mr. Bala Balaji Panday

---

Cell Point IPO Details

Cell Point IPO Dates	15 – 20 Jun 2023
Cell Point IPO Price	INR 100 per share
Fresh issue	50,34,000 shares (INR 50.34 crore)
Offer For Sale	NIL
Total IPO size	50,34,000 shares (INR 50.34 crore)
Minimum bid (lot size)	1,200 shares (INR 120,000)
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	NSE SME

---

Cell Point Financial Performance

	FY 2020	FY 2021	FY 2022	9M FY 2023
Revenue	277.56	223.01	269.16	220.74
Expenses	275.73	222.29	267.62	213.57
Net income	1.60	0.69	1.65	5.81

---

Cell Point Offer News

• Cell Point India RHP
• Cell Point India Draft Prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

---

Cell Point Valuations & Margins

	FY 2020	FY 2021	FY 2022
EPS	14.06	6.07	14.47
PE ratio	–	–	6.91
RONW (%)	14.51	5.90	12.32
NAV	96.90	102.97	117.45
ROCE (%)	20.72	13.75	16.06
EBITDA (%)	3.35	3.39	3.96
Debt/Equity	3.51	3.85	4.24

---

Cell Point IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
26 June 2023	2	–	–
23 June 2023	5	–	–
22 June 2023	10	1,000	8,000
21 June 2023	12	1,100	8,000
20 June 2023	15	1,100	7,000
19 June 2023	12	1,000	5,000
17 June 2023	12	900	4,500
15 June 2023	15	1,100	5,000
15 June 2023	18	1,200	5,500
14 June 2023	15	1,000	5,000
13 June 2023	15	1,000	5,000

---

Cell Point IPO Subscription – Live Updates

Category	NII	Retail	Total
Shares Offered	2,643,000	2,391,000	5,034,000
20 Jun 2023	3.81	7.92	5.76
19 Jun 2023	2.31	3.36	2.81
16 Jun 2023	1.93	1.63	1.79
15 Jun 2023	1.29	0.84	1.08

---

Cell Point IPO Allotment Status

Cell Point IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

---

Cell Point IPO Dates & Listing Performance

IPO Opening Date	15 June 2023
IPO Closing Date	20 June 2023
Finalization of Basis of Allotment	23 June 2023
Initiation of refunds	26 June 2023
Transfer of shares to demat accounts	27 June 2023
IPO Listing Date	28 June 2023
Opening Price on NSE SME	INR 100 per share (no change)
Closing Price on NSE SME	INR 95 per share (down 5%)

---

Cell Point Offer Lead Manager

FIRST OVERSEAS CAPITAL LIMITED
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Phone: +91 22 4050 9999
Email: [email protected]
Website: www.focl.in

---

Cell Point Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com

---

Cell Point India Contact Details

CELL POINT (INDIA) LIMITED
Door No 30-15-139/F/5,6 Ward No 27,
Ram’s Arcade, Opposite Visakha Medical Centre,
Dabagardens, Visakhapatnam, Andhra Pradesh 530020
Phone: +91 9000113897
E-mail: [email protected]
Website: www.cellpoint.biz

---

IPO FAQs