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Cellecor Gadgets IPO Details: Cellecor Gadgets Private Limited company was started in 2011 and its founder is Mr. Ravi Agarwal. Cellecor Gadgets company produces, brands, and distributes products like televisions, mobiles, smart watches, earphones, and neckbands.
Cellecor Gadgets company has 1200 service centers and more than 800 distributors. More than 300 products of this company are available in 25,000 stores and at present the channel has more than 100 million online and offline users across India.
The company reported revenues of Rs. 26,436.56 Lacs and Rs. 12,128.99 Lacs from its operations in the fiscal years 2023 and 2022, respectively.
Cellecor Gadgets IPO Details
Cellecor Gadgets IPO opens on September 15, 2023, and closes on September 20, 2023. The IPO has a total issue size of Rs 50.77 Crores, with Cellecor Gadgets offering shares at a price range of ₹87 to ₹92 per share. The IPO is scheduled to be listed on the NSE SME. Cellecor Gadgets IPO Basis of Allotment is on Monday, September 25, 2023.
Cellecor Gadgets IPO Date
- Open – Friday, September 15, 2023
- Close – Wednesday, September 20, 2023
- Basis of Allotment – Monday, September 25, 2023
- Refunds – Tuesday, September 26, 2023
- A credit of Shares to Demat AC – Wednesday, September 27, 2023
- Listing Date – Thursday, September 28, 2023
Cellecor Gadgets IPO Price
- Face Value – ₹10 per share
- Price – ₹87 to ₹92 per share
- Lot Size – 1200 Shares
- Total Issue Size – 5,518,800 shares (₹50.77 Cr)
- Fresh Issue – 5,518,800 shares (aggregating up to ₹[.] Cr)
- Issue Type – Book Built Issue IPO
- Listing At – NSE SME
- Shareholding pre-issue – 15,448,980
- Shareholding post issue – 20,967,780
Cellecor Gadgets IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹110,400 |
| Retail (Max) | 1 | 1200 | ₹110,400 |
| HNI (Min) | 2 | 2,400 | ₹220,800 |
Cellecor Gadgets IPO Reservation
| QIB Shares Offered | 50.00% of the Net offer |
| NII (HNI) Shares Offered | 15.00% of the Offer |
| Retail Shares Offered | 35.00% of the Offer |
Cellecor Gadgets IPO Promoter Holding
Mr. Ravi Agarwal and Mr. Nikhil Aggarwal are the promoters of the company.
| Pre Issue Share Holding | 69.95% |
| Post Issue Share Holding | 51.54% |
Cellecor Gadgets IPO Financial Report
Amount in ₹ Lakhs
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 10.00 | 2,367.23 | 7,000.52 |
| Revenue | 0.00 | 12,128.99 | 26,436.56 |
| Profit After Tax | -2.42 | 213.56 | 797.07 |
| Net Worth | 7.58 | 221.14 | 1,381.26 |
| Reserves and Surplus | -2.42 | 211.14 | 1,369.94 |
| Total Borrowing | 121.75 | 2,084.38 |
Cellecor Gadgets IPO Reason of issue
The company plans to use the net proceeds from the issue for the following purposes:
- Meeting working capital requirements.
- General corporate purposes.
- Covering issue expenses.
Company Contact Information
Cellecor Gadgets Limited
Unit No. 703, 7th Floor, Jaksons Crown Heights
Plot No. 3BI Twin District Centre,
Sector 10 Rohini Delhi – 110085
Phone: 011 – 45038228
Email: cs@cellecor.in
Website: https://cellecor.com/
Cellecor Gadgets IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
How much is Cellecor gadgets’ ipo price?
Cellecor gadgets’ ipo price is ₹87 to ₹92 per share.
What is Cellecor gadgets ipo date?
Cellecor gadgets ipo date is Open – Friday, September 15, 2023, and Close – Wednesday, September 20, 2023.
How much collector ipo gmp?
Collector ipo gmp is ₹(.)