Last updated on September 28, 2023
Cellecor Gadgets IPO description – Incorporated in 2020, Cellecor Gadgets is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearables, mobile accessories, smart watches, and neckbands. It sells the products under its flagship brand, i.e., CELLECOR. Over the years, the company has been able to build a presence in India by having 1200+ service centers, and 800+ distributors, and the products are also present at 24,000+ retail stores with 300+ wide range of products and 100 million users Pan India is purchasing a wide range of consumer products at affordable prices through its dealer channels (online as well as offline).
Cellecor Gadgets categorizes the business verticals into the following categories:
- Entertainment and Communication
- Peripherals
- Modern Accessories
Cellecor Gadgets warehouse network is located in Delhi, Assam, Uttar Pradesh, Karnataka, Maharashtra, Madhya Pradesh and West Bengal. The top 3 revenue generating states i.e., Uttar Pradesh, Delhi & Haryana contributed INR 61.60 crore, INR 59.81 crore, and INR 33.79 crore respectively in FY 2023, which accounted for 23.33%, 22.63 %, and 12.78%, respectively of the revenue from operations for respective fiscal years.
Promoters of Cellecor Gadgets – Ravi Agarwal & Nikhil Aggarwal
Table of Contents
Cellecor Gadgets IPO Details
| Cellecor Gadgets IPO Dates | 15 – 20 September 2023 |
| Cellecor Gadgets IPO Price | INR 87 – 92 per share |
| Fresh issue | 55,18,800 shares (INR 48.01 – 50.77 crore) |
| Offer For Sale | NIL |
| Total IPO size | 55,18,800 shares (INR 48.01 – 50.77 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 110,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Cellecor Gadgets Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 0.00 | 121.29 | 264.35 |
| Expenses | 0.03 | 118.30 | 253.75 |
| Net income | (0.03) | 2.14 | 7.97 |
Cellecor Gadgets Offer News
- Cellecor Gadgets RHP
- Cellecor Gadgets Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Cellecor Gadgets Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.09) | 1.92 | 6.84 |
| PE ratio | – | – | 12.72 – 13.45 |
| RONW (%) | (32.0) | 96.57 | 57.71 |
| NAV | 0.27 | 1.99 | 11.86 |
| ROCE (%) | (32.0) | 97.03 | 63.88 |
| EBITDA (%) | – | 2.48 | 4.87 |
| Debt/Equity | – | 0.55 | 1.51 |
Cellecor Gadgets IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 27 September 2023 | 50 | – | 45,000 |
| 26 September 2023 | 50 | – | 45,000 |
| 25 September 2023 | 50 | – | 45,000 |
| 23 September 2023 | 50 | – | 45,000 |
| 22 September 2023 | 60 | – | 55,000 |
| 21 September 2023 | 60 | – | 55,000 |
| 20 September 2023 | 60 | – | 55,000 |
| 19 September 2023 | 60 | – | 55,000 |
| 18 September 2023 | 50 | – | 45,000 |
| 16 September 2023 | 45 | – | 40,000 |
| 15 September 2023 | 45 | – | 40,000 |
| 14 September 2023 | 40 | – | 35,000 |
| 13 September 2023 | 35 | – | 34,000 |
| 12 September 2023 | 35 | – | 34,000 |
| 11 September 2023 | 30 | – | 30,000 |
| 9 September 2023 | 20 | – | 18,000 |
Cellecor Gadgets IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,048,800 | 1,063,200 | 1,834,800 | 3,946,800 |
| 20 Sep 2023 | 57.58 | 130.97 | 124.08 | 108.27 |
| 18 Sep 2023 | 0.09 | 9.24 | 30.58 | 16.73 |
| 15 Sep 2023 | 0.00 | 3.18 | 11.01 | 5.98 |
Cellecor Gadgets IPO Allotment Status
Cellecor Gadgets IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Cellecor Gadgets IPO Dates & Listing Performance
| IPO Opening Date | 15 September 2023 |
| IPO Closing Date | 20 September 2023 |
| Finalization of Basis of Allotment | 25 September 2023 |
| Initiation of refunds | 26 September 2023 |
| Transfer of shares to demat accounts | 27 September 2023 |
| IPO Listing Date | 28 September 2023 |
| Opening Price on NSE SME | INR 92 per share (no change) |
| Closing Price on NSE SME | INR 92.84 per share (up 0.91%) |
Cellecor Gadgets Offer Lead Manager
NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email:Â [email protected]
Website:Â www.narnolia.com
Cellecor Gadgets Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
A/506, Dattani Plaza, Andheri Kurla Road,
Safeed Pool, Andheri East, Mumbai – 400 072, Maharashtra
Phone:Â +91 22 2851 1022
Email:Â [email protected]
Website:Â www.skylinerta.com
Cellecor Gadgets Contact Details
CELLECOR GADGETS LIMITED
No. 703, 7th Floor, Jaksons Crown Heights, Plot No. 3BI Twin,
District Centre, Sector 10 Rohini Delhi 110085 India
Phone: 011-45038228
E-mail: [email protected]
Website: www.cellecor.com
IPO FAQs
What is Cellecor Gadgets IPO offer size?
Cellecor Gadgets offer size is INR 48.01 – 50.77 crores.
What is the Cellecor Gadgets offer price band?
Cellecor Gadgets public offer price is INR 87 – 92 per share.
What is the lot size of Cellecor Gadgets public offer?
Cellecor Gadgets offer lot size is 1,200 shares.
What is Cellecor Gadgets IPO GMP today?
Cellecor Gadgets IPO GMP today is INR 50 per share.
What is Cellecor Gadgets kostak rate today?
Cellecor Gadgets kostak rate today is INR NA per application.
What is Cellecor Gadgets Subject to Sauda rate today?
Cellecor Gadgets Subject to Sauda rate today is INR 45,000 per application.
