Cellecor Gadgets IPO launches today: GMP, price, and key details

JSW Infrastructure IPO: 43% subscription on day 1

The Cellecor Gadgets IPO is now live, with bidding open until September 20, 2023. The company has set a price range of ₹87 to ₹92 per equity share for its book build issue, as it seeks to raise ₹50.77 crore from its initial offering. Over the past week, shares of Cellecor Gadgets Limited have been actively traded in the grey market, witnessing a premium surge from ₹20 to ₹40.

In the meantime, the NSE SME issue has garnered ₹14,46,24,000 from anchor investors. On Thursday, the IPO committee allotted 15,72,000 shares to anchor investors at ₹92 each. Notable anchor investors in the NSE SME IPO include India Ahead Venture Trust, Founder Collective Fund, Meru Investment Fund PCC — Cekk I, and AG Dynamics.

Cellecor Gadgets IPO Key Details:

Cellecor Gadgets IPO GMP Today:

Market observers report that Cellecor Gadgets’ shares are currently trading at a premium of ₹40 in the grey market.

Cellecor Gadgets IPO Price:

The SME company has set the price band for the public issue at ₹87 to ₹92 per equity share.

Cellecor Gadgets IPO Date:

The book build issue opened for bidders on September 15, 2023, and will remain open for subscriptions until September 20, 2023.

Cellecor Gadgets IPO Size:

The book build issue aims to raise ₹50.77 crore through its public offer.

Cellecor Gadgets IPO Lot Size:

Investors can apply for shares in lots, with each lot comprising 1200 company shares.

Cellecor Gadgets IPO Investment Limit:

To apply for the NSE SME IPO, a bidder will need ₹1,10,400 (₹92 x 1200) considering one lot.

Cellecor IPO Allotment Date:

The tentative share allocation date is set for September 25, 2023.

Cellecor IPO Registrar:

Skyline Financial Services Private Ltd has been appointed as the official registrar of the NSE SME IPO.

Cellecor IPO Listing:

The book build issue is scheduled for listing on the NSE SME exchange.

Cellecor IPO Listing Date:

The NSE SME IPO is anticipated to be listed on September 28, 2023, following the implementation of the T+3 rule for share listing.

About Cellecor Gadgets:

Established in December 2020, Cellecor Gadgets Limited engages in the acquisition, branding, and distribution of a diverse range of technology products, including smartwatches, mobile phones, televisions, smart wearables, neckbands, and mobile accessories. Their product line is marketed under the renowned Cellecor brand.

For more of the Latest News, Click Here

Leave a Reply

Your email address will not be published. Required fields are marked *