Cello IPO GMP Today ( Grey Market Premium )

Cello IPO GMP Today ( Grey Market Premium )

The Cello IPO commenced on October 30, 2023, and concluded on November 1, 2023. The allotment of shares took place on November 6, 2023, and the initiation of refunds began on November 7, 2023. The shares were credited to the demat accounts of investors on November 8, 2023. Finally, the listing of Cello on the stock exchange occurred on November 9, 2023.

The Cello IPO was priced at ₹617 to ₹648 per share, with a lot size of 23 shares. The total issue size was ₹1,900 crores, comprising an offer for sale of ₹1,900 crores. The IPO was listed on both the NSE and BSE.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.

Cello IPO Basic Details

Company NameCello World Limited
Domain of CompanyManufacturing Writing Instruments
and Stationery
Cello IPO GMP Today₹120
Cello IPO Listing Gain18.52%
Cello IPO Open DateOctober 30, 2023
Cello IPO Close DateNovember 1, 2023
Cello IPO Allotment DateNovember 6, 2023
Cello IPO Listing DateNovember 9, 2023
Face Value₹5 per share
Price₹617 to ₹648 per share
Lot Size23 Shares
Issue Size29,320,987 shares of ₹5
(aggregating up to ₹1,900.00 Cr)
Offer for Sale29,320,987 shares of ₹5
(aggregating up to ₹1,900.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE, BSE
Company PromotersPradeep Ghisulal Rathod,
Pankaj Ghisulal Rathod and
Gaurav Pradeep Rathod

Cello IPO GMP Today:

DateGMPListing GainKostakSubject to
28 October 2023₹12018.52%

Cello World IPO Details:

Cello World is a well-known Indian company that makes products for consumers. They focus on three main categories: writing tools and stationery, furniture, and household items.

The company has been around for more than 60 years, so they really know what consumers like and want.

Cello World has 13 factories in different parts of India. They’re even planning to open a new factory in Rajasthan with machines from Europe to make things more efficiently.

As of March 31, 2023, they have 15,841 different products for sale. Their national sales team has 683 people.

What makes Cello World strong is:

  • They have a good place in the market and a strong brand.
  • They offer lots of different products for all kinds of customers.
  • They have a history of growing their business and making new products.
  • Their management team has a lot of experience in this field.

Cello IPO More Details Click Here

Cello IPO FAQs

When is Cello IPO open?

Cello IPO will open on 30 October 2023.

When is Cello IPO Close?

Cello IPO will be closed on 1 November 2023.

What is Cello IPO GMP Today?

The Cello IPO GMP aka Grey Market Premium is ₹120.

What is Cello IPO Kostak Rates Today?

The Cello IPO Kostak Rate is ₹000.

What is Cello IPO Subject to Sauda Price Today?

The Cello IPO subject to sauda rates is ₹000.

Cello IPO Expected Returns?

The Cello expected return is 18.52%.

How much will be the listing gain in Cello IPO?

Cello IPO will get listing gain of 18.52%. (Approx.)

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