Cellecor Gadgets Limited
ListedSMEElectrical Equipment & Consumer Electronics · NSE
Cellecor Gadgets Limited, incorporated in 2020, is engaged in the procurement, branding, and distribution of televisions, mobile phones, smart wearables, mobile accessories, smart watches, and neckbands. The company operates through three verticals: Entertainment & Communication (smart/conventional TVs, sound systems, and mobile phones), Peripherals (TWS earbuds, neckbands, smart watches), and Modern Accessories (power banks, data cables, USB chargers, quick chargers). Cellecor has over 1,200 service centers, 800 distributors, and its products are available in 24,000+ retail stores across India, serving 100 million users. It recorded Rs. 26,436.56 Lacs and Rs. 12,128.99 Lacs in revenue in fiscal 2023 and 2022, respectively.
Price Band
₹87 – ₹92
Issue Size
₹50.77 Cr
Lot Size
1200 shares
GMP
₹52
+56.5%
Est. Listing
₹144
at current GMP
Subscribed
116.41x
overall
Open
15 Sep 2023
Close
20 Sep 2023
Allotment
25 Sep 2023
Refund
26 Sep 2023
Demat Credit
27 Sep 2023
Listing
28 Sep 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Electrical Equipment & Consumer Electronics segment
- •Price band established at ₹87 - ₹92 per equity share
- •Minimum bid lot is 1200 shares
- •Estimated listing target of ₹144 based on current grey market activity