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.
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