Cello World Limited IPO: A Comprehensive Guide
Basic information about the company: Cello World Limited, a renowned Indian consumer product company, is gearing up for its Initial Public Offering (IPO). With a legacy of more than 60 years in the consumer product industry, Cello World has established itself as a trusted name across three key categories: writing instruments and stationery, moulded furniture, and consumer housewares. Understanding Cello World's Expertise
Cello World boasts a rich history in understanding consumer preferences and choices. This invaluable experience has been key to their success and places them in a strong position within the market. With a total of 13 manufacturing units located in five different areas in India, Cello World's commitment to efficiency and productivity is evident.
Expansion Plans
One of the most exciting aspects of Cello World's IPO is its plan to establish a glass manufacturing unit in Rajasthan. Equipped with state-of-the-art European-made machinery, this expansion aims to significantly enhance manufacturing capacity.
Core Strengths
1. Strong Market Position and Branding:
Cello World's strong market presence and well-established brand are integral to its success. Their products are trusted by consumers, contributing to the company's remarkable growth.
2. Multiple Product Ranges
Cello World offers a diverse range of products to meet various customer requirements. This diversity provides a competitive edge in the market and helps cater to a wide audience.
3. Scalability
The company has a history of scaling up businesses and product categories. This ability to adapt and expand is a testament to its resilience and future potential.
4. Experienced Management
Cello World is guided by a management team with domain expertise. Their leadership has played a crucial role in the company's growth and stability. Promoter Holding:
The Promoters of the Company are Pradeep Ghisulal Rathod, Pankaj Ghisulal Rathod, and Gaurav Pradeep Rathod. Their commitment to the company's vision is evident in their shareholding, with Pre-Issue at 100% and Post-Issue at 91.8%.
Cello World Limited IPO Details
Dates: 30th to 1st Nov 2023
Price Band: ₹617 to ₹648 per share
Lot Size: 23 Shares
IPO Size: ₹1900 Crs
Retail Quota: 35%
Date of Allotment: 3/4 Nov 2023
Listing Date: 6th Nov 2023
GMP: +12% (only for information)
Allotment Link 👇
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Frequently Asked Questions (FAQs)
1. When can I subscribe to the Cello World Limited IPO? A: The IPO subscription window is open from 30th to 1st Nov 2023.
2. What is the pricing range for the Cello World Limited IPO?
A: The price band for this IPO ranges from ₹617 to ₹648.
3. What is the total issue size of the IPO?
A: The issue size of the Cello World Limited IPO is ₹1,900 Crores.
4. When will the allotment take place, and when can I expect the shares to be listed?
A: The date of allotment is 6/7 Nov 2023, and the shares will be listed on 9th Nov 2023. DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor before making any actual investment decisions, based on the information published here. Any reader taking decisions based on any information published here does so entirely at their own risk. Investors should bear in mind that any investment in the stock market is subject to unpredictable market-related risks. The author has no plans to invest in this offer and also the author does not recommend investing in any offer published on this website.