Cellecor Gadgets IPO Details | GMP, Date, Price, Review

Cellecor Gadgets IPO

Table of Contents

Cellecor Gadgets IPO Details ( Cellecor Gadgets Limited IPO Review )

(15 Sep 2023 – 20 Sep 2023)

Cellecor Gadgets Limited, founded in 2020, specializes in sourcing, branding, and distributing a wide range of tech products, including TVs, mobile phones, smart wearables, mobile accessories, smartwatches, and neckbands.

The company operates in three main areas:

  1. Entertainment and Communication: In this category, we offer both smart and traditional televisions equipped with the advanced GENZ Android operating system, as well as sound systems and sound bars. We have an impressive lineup of 35 different TV models, 15 sound systems and sound bars, and a whopping 70 mobile phone models.
  2. Peripherals: Our peripherals category includes True Wireless Earbuds (TWS), Neckbands, and Smart Watches, with an extensive selection of over 145 different products.
  3. Modern Accessories: Under this category, we provide a variety of essential items such as power banks, data cables, USB chargers, and quick chargers. We offer a wide range of wireless and standard power banks, high-quality data cables, and all the necessary adapters and chargers you might need. This category boasts more than 40 different products.

Cellecor Gadgets has a robust network with over 1,200 service centers and 800 distributors. Our products can be found in more than 24,000 retail stores, offering a diverse selection of over 300 products to serve the needs of our 100 million users across India, both through offline and online channels.

Cellecor Gadgets Limited Company Product

  • Mobile Phone
  • Mobile Charger
  • Data Cable
  • Neckband
  • True Wireless Earphones (TWS)
  • Powerbank
  • Smart Led Tv
  • Smart Watch
  • Soundbar And Speaker
  • Headphone
  • Washing Machine (Coming Soon)
  • Trimmer (Coming Soon)
  • Microwave (Coming Soon)

Cellecor Gadgets Limited IPO Competitive Strength

  • Experienced Promoter and strong senior management team with extensive knowledge of the sector
  • Strong R&D team
  • Quality sourcing & strong manufacturing linkages to meet the exacting demands
  • Unconventional business and marketing strategies with a competitive and high-demand product variety in comparison to other brands
  • Presence of warehousing hubs & robust distribution channel to strengthen the logistics chain
  • On-ground presence with extensive sales network
  • Standard warranty & after sales service along with In-House CRM and DMS

Cellecor Gadgets IPO Financials Performance ( Results )

Cellecor Gadgets Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of IPO Issue

  • Working Capital Requirement
  • General Corporate Purposes
  • Issue Expenses

Cellecor Gadgets IPO Basic Details

IPO DateSep 15, 2023 to Sep 20, 2023
Listing DateThursday, September 28, 2023
Face Value₹10 per share
Price₹87 to ₹92 per share
Lot Size1200 Shares
Issue Size5,518,800 shares of ₹10
(aggregating up to ₹50.77 Cr)
Fresh Issue5,518,800 shares of ₹10
(aggregating up to ₹50.77 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue15,448,980
Share holding post issue20,967,780
Company PromotersRavi Agarwal & Nikhil Aggarwal

Cellecor Gadgets IPO Reservation

Anchor Investor Shares Offered28.48% of the Net Issue
Market Maker Shares Offered5.00% of the Net Issue
QIB Shares Offered19.00% of the Net Issue
NII (HNI) Shares Offered14.26% of the Net Issue
Retail Shares Offered33.25% of the Net Issue
Total Shares Offered100.00% of the Net Issue

Cellecor Gadgets IPO Timetable

Cellecor Gadgets IPO will open on September 15, 2023 and close on September 20, 2023. You can join Cellecor Gadgets IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date15 September 2023 (Friday)
Closing Date20 September 2023 (Wednesday)
Basis of Allotment25 September 2023 (Monday)
Initiation of Refunds26 September 2023 (Tuesday)
Credit of Shares to Demat27 September 2023 (Wednesday)
Listing Date28 September 2023 (Thursday)
Deadline for UPI mandate confirmation5 PM on 20 September 2023

Cellecor IPO Lot Size

For retail investors in Cellecor IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹110,400. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹110,400.

Retail (Min)11200₹110,400
Retail (Max)11200₹110,400
HNI (Min)22400₹220,800

Cellecor IPO Promoter Holding

The company’s promoters include Mr. Ravi Agarwal and Mr. Nikhil Aggarwal.

Pre Issue Share Holding69.95%
Post Issue Share Holding51.54%

Cellecor Gadgets Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)192.90
Earning Per Share (EPS)₹6.84 per Equity Share
Net Asset Value (NAV)₹11.86 per Equity Share
P/E Ratio (P/E) (x)13.45
Post P/E Ratio (P/E) (x)24.21
Return on Net Worth (RoNW) (%)57.71
Return on equity (ROE) (%)57.71
Return on Capital Employed (ROCE) (%)63.88
Debt/Equity Ratio1.51

Cellecor Gadgets Ltd Peer Comparison

There are no listed companies in India that engage in a business similar to that of our Company. Accordingly, it is not possible to provide an industry comparison in relation to our Company

Cellecor Gadgets IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
22 September 2023₹50
21 September 2023₹50
20 September 2023₹48
19 September 2023₹48
18 September 2023₹43
17 September 2023₹43
16 September 2023₹45
15 September 2023₹45
14 September 2023₹45

Cellecor IPO Detail Video:

Cellecor Gadgets IPO Subscription Status (Bidding Detail)

The Cellecor Gadgets IPO on September 20, 2023 at 7:30:00 PM was subscribed 116.33 times, with the retail category being subscribed 124.08 times, the NII (Non-Institutional Investor) category being subscribed 176.54 times, QIB (Qualified-Institutional Buyers) category being subscribed 57.58 times.


Cellecor Gadgets IPO Prospectus

Cellecor Gadgets IPO DRHPDownload
Cellecor Gadgets IPO RHPDownload
Cellecor Gadgets IPO Anchor Investors Details PDFDownload

Cellecor Gadgets IPO Rating

Our Rating4.0/5.0

Cellecor Gadgets Company Contact Information

Cellecor Gadgets Limited

Registered Office: No. 703, 7th Floor, Jaksons Crown Heights
Plot No. 3BI Twin District Centre, Sector 10 Rohini,
Delhi 110085, India.
Tel: 011-45038228
Fax: N.A.
Website: www.cellecor.com
E-mail: cs@cellecor.in
Company Secretary and Compliance Officer: Ms. Varsha Bansal
Our Promoters: Ravi Agarwal & Nikhil Aggarwal

Cellecor Gadgets IPO Registrar

Skyline Financial Services Private Limited

Address: D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020
Telephone: +91-11-40450193-97
Fax No: +91-11-26812683
Email: compliances@skylinerta.com
Website: www.skylinerta.com
Contact Person: Mr. Pawan Bisht
SEBI Registration No.: INR000003241
CIN: U74899DL1995PTC071324

Cellecor Gadgets IPO Lead Manager

Narnolia Financial Services Limited

Address: 201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Telephone: +91-8130678743;
Email: pankaj.passi@narnolia.com
Website: www.narnolia.com
Contact Person: Mr. Pankaj Pasi
SEBI Registration Number: INM000010791
CIN: U51909WB1995PLC072876

Cellecor Gadgets IPO FAQs

What is the lot size of Cellecor Gadgets IPO?

The total size of Cellecor Gadgets IPO is ₹50.77 crores and this is a complete fresh Issue.

When will Cellecor Gadgets IPO start?

Cellecor Gadgets IPO will open from 15 September 2023 and IPO will close on 20 September 2023.

What is the open date of Cellecor Gadgets IPO?

Cellecor Gadgets IPO will open date from 15 September 2023.

What is the last date ( close date ) of Cellecor Gadgets IPO?

Cellecor Gadgets IPO will close from 20 September 2023.

What is the price band of Cellecor Gadgets IPO?

Cellecor Gadgets IPO price band is ₹87 to ₹92. ( Upper Price Band: ₹92, Lower Price Band: ₹87 )

What is the minimum amount required to apply for Cellecor Gadgets IPO?

The minimum investment for retailers to apply for Cellecor Gadgets IPO is ₹110,400 and the maximum investment is ₹110,400.

What is going on gray market premium of Cellecor Gadgets IPO?

View gray market premium of Cellecor Gadgets IPO by Clicking Here

How much is the GMP of Cellecor Gadgets IPO?

Watch Cellecor Gadgets IPO GMP Today: Click Here

What is the allotment date of Cellecor Gadgets IPO?

The allotment date of Cellecor Gadgets IPO is 25 September 2023.

How to check allotment status in Cellecor Gadgets IPO?

To check the allotment status of Cellecor Gadgets IPO, first of all go to the registrar website by clicking here, select your bad Cellecor Gadgets IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Cellecor Gadgets IPO?

The listing date of Cellecor Gadgets IPO is 28 September 2023.

How much will be the listing gain in Cellecor Gadgets IPO?

View listing gain of Cellecor Gadgets IPO by Clicking Here

How much time Cellecor Gadgets IPO is subscribed?

Total 116.33 times subscribed in Cellecor Gadgets IPO out of which 124.08 times subscription was done in retail quota, 176.54 times subscription in NII quota and 57.58 times subscription in QIB quota.

How to apply for Cellecor Gadgets IPO from Upstox?

Click Here to see how to apply for Cellecor Gadgets IPO from Upstox. (step by step)

How to apply for Cellecor Gadgets IPO from Zerodha?

Click Here to see how to apply for Cellecor Gadgets IPO from Zerodha. (step by step)

How to apply for Cellecor Gadgets IPO from Angle One?

Click Here to see how to apply for Cellecor Gadgets IPO from Angle One. (step by step)

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