The Cellecor Gadgets IPO started on September 15, 2023, and ended on September 20, 2023. Shares were allocated on September 25, 2023, and refund processes began on September 26, 2023. On September 27, 2023, the shares were credited to investors demat accounts. Cellecor Gadgets was officially listed on the stock exchange on September 28, 2023.
During the IPO, Cellecor Gadgets offered shares at a price range of ₹87 to ₹92 per share, and the lot size was 1200 shares. The total issue size was ₹50.77 crores, with ₹50.77 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 19.00% of the shares were allocated to Qualified Institutional Buyers (QIB), 14.26% were reserved for Non-Institutional Investors (NII), and 33.25% were set aside for retail investors.
Cellecor IPO Subscription Update Video
Cellecor Gadgets IPO Subscription Status
The Cellecor Gadgets IPO on September 20, 2023 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, the QIB (Qualified-Institutional Buyers) category being subscribed 57.58 times.
| Category | Subscription |
| QIB | 57.58x |
| NII | 176.54x |
| Retail | 124.08x |
| Total | 116.33x |
Cellecor Gadgets IPO Basic Details
| Company Name | Cellecor Gadgets Limited |
| Domain of Company | Sourcing, Branding, And Distributing A Wide Range Of Tech Products |
| IPO Open Date | September 15, 2023 |
| IPO Close Date | September 20, 2023 |
| IPO Allotment Date | September 25, 2023 |
| IPO Listing Date | September 28, 2023 |
| Face Value | ₹10 per share |
| Price | ₹87 to ₹92 per share |
| Lot Size | 1200 Shares |
| Issue Size | 5,518,800 shares of ₹10 (aggregating up to ₹50.77 Cr) |
| Fresh Issue | 5,518,800 shares of ₹10 (aggregating up to ₹50.77 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Ravi Agarwal & Nikhil Aggarwal |
About Cellecor Gadgets Limited
Established in 2020, Cellecor Gadgets Limited is a company that specializes in sourcing, branding, and distributing a wide range of tech products, including televisions, mobile phones, Smart Wearables, mobile accessories, smartwatches, and neckbands.
Our company operates in three main areas:
- Entertainment and Communication: We offer a variety of smart and traditional televisions equipped with the GENZ Android operating system, along with top-notch sound systems and soundbars. In this category, you can choose from 35 different television models, 15 sound system options, and 70 different mobile phone models.
- Peripherals: We provide a diverse selection of True Wireless (“TWS”) Earbuds, Neckbands, and Smartwatches, offering more than 145 different models to cater to your needs.
- Modern Accessories: Our range of modern accessories includes power banks, data cables, USB chargers, quick chargers, and more. We have a wide selection of wireless and standard power banks, a variety of high-quality data cables, and all the necessary adapters and chargers you might need. This category boasts more than 40 different products to choose from.
Cellecor Gadgets boasts a robust network of over 1200 service centers and partners with more than 800 distributors. Our products are available at over 24,000 retail outlets, offering more than 300 product options, and have reached a user base of over 100 million people across India, both through offline and online channels. We’re here to meet all your tech needs and provide top-notch customer service.
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Cellecor Gadgets IPO FAQs
What is the start and end date of Cellecor Gadgets IPO Subscription?
The Cellecor Gadgets IPO started on September 15, 2023, and ended on September 20, 2023.
When does Cellecor Gadgets IPO Subscription open?
The Cellecor Gadgets IPO open on September 15, 2023.
When does Cellecor Gadgets IPO Subscription close?
The Cellecor Gadgets IPO Close on September 20, 2023.
What is the allotment date of Cellecor Gadgets IPO?
The allotment date for Cellecor Gadgets IPO is September 25, 2023.
When is the initial refund date of Cellecor Gadgets IPO?
The initial Refund date for Cellecor Gadgets IPO is September 26, 2023.
When were the shares credited to investors demat accounts for the Cellecor Gadgets IPO?
The shares for the Cellecor Gadgets IPO were credited to investors demat accounts on September 27, 2023.
When will Cellecor Gadgets IPO be listed on the stock market?
Cellecor Gadgets IPO stock market will be listed on September 28, 2023 at 10 am.
What was the price range of the Cellecor Gadgets IPO shares?
The Cellecor Gadgets IPO shares were offered at a price range of ₹87 to ₹92 per share.
What was the lot size for the Cellecor Gadgets IPO shares?
The lot size for the Cellecor Gadgets IPO shares was 1200 shares.
What was the total issue size of the Cellecor Gadgets IPO?
The total issue size of the Cellecor Gadgets IPO was ₹50.77 crores.
How were the shares allocated among different types of investors for the Cellecor Gadgets IPO?
19.00% of the shares were allocated to Qualified Institutional Buyers (QIB), 14.26% were reserved for Non-Institutional Investors (NII), and 33.25% were set aside for retail investors.
On which stock exchanges was the Cellecor Gadgets IPO listed?
The Cellecor Gadgets IPO was listed on both the NSE and BSE.
What is the Cellecor Gadgets IPO Subscription Status?
Cellecor Gadgets IPO is subscribed 00 Times.
