Cellecor Gadgets IPO GMP, Review, Price, Allotment

Cellecor Gadgets IPO GMP

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.

Cellecor Gadgets

Promoters of Cellecor Gadgets – Ravi Agarwal & Nikhil Aggarwal

Cellecor Gadgets IPO Details

Cellecor Gadgets IPO Dates15 – 20 September 2023
Cellecor Gadgets IPO PriceINR 87 – 92 per share
Fresh issue55,18,800 shares (INR 48.01 – 50.77 crore)
Offer For SaleNIL
Total IPO size55,18,800 shares (INR 48.01 – 50.77 crore)
Minimum bid (lot size)1,200 shares (INR 110,400)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE SME

Cellecor Gadgets Financial Performance

 FY 2021FY 2022FY 2023
Net income(0.03)2.147.97
Figures in INR Crores unless specified otherwise

Cellecor Gadgets Offer News

Cellecor Gadgets Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio12.72 – 13.45
RONW (%)(32.0)96.5757.71
ROCE (%)(32.0)97.0363.88
EBITDA (%)2.484.87
Debt/Equity 0.551.51
*Compiled by IPO Central from Prospectus

Cellecor Gadgets IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
27 September 20235045,000
26 September 20235045,000
25 September 20235045,000
23 September 20235045,000
22 September 20236055,000
21 September 20236055,000
20 September 20236055,000
19 September 20236055,000
18 September 20235045,000
16 September 20234540,000
15 September 20234540,000
14 September 20234035,000
13 September 20233534,000
12 September 20233534,000
11 September 20233030,000
9 September 20232018,000

Cellecor Gadgets IPO Subscription – Live Updates

Shares Offered1,048,8001,063,2001,834,8003,946,800
20 Sep 202357.58130.97124.08108.27
18 Sep 20230.099.2430.5816.73
15 Sep 20230.003.1811.015.98

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 Date15 September 2023
IPO Closing Date20 September 2023
Finalization of Basis of Allotment25 September 2023
Initiation of refunds26 September 2023
Transfer of shares to demat accounts27 September 2023
IPO Listing Date28 September 2023
Opening Price on NSE SMEINR 92 per share (no change)
Closing Price on NSE SMEINR 92.84 per share (up 0.91%)

Cellecor Gadgets Offer Lead Manager

201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email[email protected]
Website: www.narnolia.com

Cellecor Gadgets Offer Registrar

A/506, Dattani Plaza, Andheri Kurla Road,
Safeed Pool, Andheri East, Mumbai – 400 072, Maharashtra
Phone: +91 22 2851 1022
Email: [email protected]
Website: www.skylinerta.com

Cellecor Gadgets Contact Details

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


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.


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