What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Cell Point (India) Limited IPO allotment date?

The basis of allotment for Cell Point (India) Limited IPO is scheduled to be finalized on 23 Jun 2023.

Where can I check Cell Point (India) Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 24 Jun 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Cell Point (India) Limited

ListedSME

Retail & Consumer Electronics · NSE

Incorporated in 2001, Cell Point (India) Limited is a multi-brand retail company engaged in the sale of smartphones, tablets, mobile accessories, and other related products from leading manufacturers like Apple, Samsung, Oppo, Vivo, Xiaomi, Realme, Nokia, Redmi, and OnePlus. The company also retails consumer electronic goods, including Smart TVs from brands such as Xiaomi, Realme, and OnePlus. With a strong retail presence across Andhra Pradesh, Cell Point operates over 75 stores — 2 owned and 73 leased — catering to diverse customer needs in the electronics and mobile retail segment.

Price Band

₹100

Issue Size

₹50.34 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹100

at current GMP

Subscribed

6.04x

overall

Open

15 Jun 2023

20 Jun 2023

Allotment

23 Jun 2023

Refund

24 Jun 2023

Demat Credit

25 Jun 2023

Listing

28 Jun 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Cell Point (India) Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

23 Jun 2023

Basis finalization

Refunds Initiate

24 Jun 2023

Mandate release

Demat Credit

25 Jun 2023

Shares in demat

Listing Debut

28 Jun 2023

Trading begins

About Cell Point (India) Limited Public Issue & Market Profile

Cell Point (India) Limited is bringing an initial public offering (IPO) in the Retail & Consumer Electronics sector with an aggregate issue size of ₹50.34 Crores. The shares are offered at a price band of ₹100 to ₹100 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2023-06-20, the basis of allotment is scheduled to be finalized on 2023-06-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.