Cello World IPO GMP, Price, Date, Allotment

Cello World IPO GMP – Incorporated in 2018, Cello World is a popular Indian consumer products company. It is a leading company with presence in consumer houseware, writing instruments and stationery, and molded furniture and allied products categories, and is amongst the largest brands in the Indian consumer ware market.

The company has a track record of scaling up new businesses and product categories. Cello launched its glassware and opalware business in 2017 under the ‘Cello’ brand, also launched the writing instruments and stationery product category in 2019 under the ‘Unomax’ brand, and launched its cleaning aids business in 2017 under the ‘Kleeno’ sub-brand (under the ‘Cello’ brand). As of 30 June 2023, Cello World offered 15,891 stock-keeping units (SKUs 1) across its product categories.

As of 30 June 2023, Cello World owns and operates 13 manufacturing facilities across five locations, with an installed annual capacity of 57.77 million units of consumer houseware products per annum, 15,000 tonnes of opal ware, and glassware per annum, 705 million units of writing instruments and stationery products per annum and 12.8 million units of molded furniture and allied products, and its quality control team comprised 59 employees.

Promoters of Cello World – Pradeep Ghisulal Rathod, Pankaj Ghisulal Rathod and Gaurav Pradeep Rathod

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Cello World IPO Details

Cello World IPO Dates	30 Oct – 1 Nov 2023
Cello World IPO Price	INR 617 – 648 per share (Employee Discount – INR 61 per share)
Fresh issue	Nil
Offer For Sale	29,320,987 shares (INR 1,809.10 – 1,900 crore)
Total IPO size	29,320,987 shares (INR 1,809.10 – 1,900 crore)
Minimum bid (lot size)	23 shares (INR 14,904)
Face Value	INR 5 per share
Retail Allocation	35%
Listing On	BSE, NSE

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Cello World Financial Performance

	FY 2021	FY 2022	FY 2023	Q1 FY 2024
Revenue	1,049.46	1,359.18	1,796.70	471.78
Expenses	823.89	1,076.01	1,428.24	364.96
Net income	165.55	219.52	285.06	82.83
Margin (%)	15.77	16.15	15.87	17.56

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Cello World Offer News

• Cello World IPO: All You Need to Know
• Cello World RHP
• Cello World DRHP
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Subscription Status

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Cello World Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	7.75	10.46	13.17
PE ratio	–	–	46.85 – 49.20
RONW (%)	52.21	45.94	23.17
NAV	–	–	56.84
ROCE (%)	58.73	40.92	44.48
EBITDA (%)	27.34	25.71	24.34
Debt/Equity	5.11	1.70	0.57

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Cello World IPO GMP Today (Daily Trend)

Date	Day-wise IPO GMP	Kostak	Subject to Sauda
4 November 2023	155	500	1,800
3 November 2023	145	500	1,800
2 November 2023	135	500	1,700
1 November 2023	130	500	1,600
31 October 2023	130	500	1,600
30 October 2023	120	500	1,400
28 October 2023	100	500	1,500
27 October 2023	90	800	1,500
26 October 2023	80	700	1,800
25 October 2023	88	800	2,200

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Cello World IPO Subscription – Live Updates

Category	QIB	NII	Retail	Employee	Total
Shares Offered	65,66,045	45,94,814	1,07,21,232	1,79,856	2,20,61,947
1 Nov 2023	108.57	24.42	3.06	2.60	38.90
31 Oct 2023	0.05	4.36	1.05	1.26	1.44
30 Oct 2023	0.02	0.94	0.35	0.42	0.38

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Cello World IPO Allotment Status

Cello World IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.

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Cello World IPO Dates & Listing Performance

Cello World IPO Opening Date	30 October 2023
Cello World IPO Closing Date	1 November 2023
Finalization of Basis of Allotment	2 November 2023
Initiation of refunds	3 November 2023
Transfer of shares to demat accounts	3 November 2023
Cello World IPO Listing Date	6 November 2023
Opening Price on NSE	INR 829 per share (up 27.93%)
Closing Price on NSE	INR 791.70 per share (up 22.18%)

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Cello World IPO Reviews – Subscribe or Avoid?

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Cello World Offer Lead Manager

KOTAK MAHINDRA CAPITAL COMPANY LIMITED
27BKC, 1st Floor, Plot no. C-27,
‘G’ Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Phone: +91 22 4336 0000
Email: [email protected]
Website: www.investmentbank.kotak.com

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Cello World Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in

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Cello World Contact Details

CELLO WORLD LIMITED
Cello House, Corporate Avenue, B Wing, 8th Floor,
Sonawala Road, Goregaon (East), Mumbai – 400 063, Maharashtra
Phone: +91 22 2685 1027
Email: [email protected]
Website: www.celloworld.com

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Cello World IPO FAQs