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 Cellecor Gadgets Limited IPO allotment date?

The basis of allotment for Cellecor Gadgets Limited IPO is scheduled to be finalized on 25 Sep 2023.

Where can I check Cellecor Gadgets Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial 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 26 Sep 2023.

Cellecor Gadgets Limited

ListedSME

Electrical 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

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

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Cellecor Gadgets Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

25 Sep 2023

Basis finalization

Refunds Initiate

26 Sep 2023

Mandate release

Demat Credit

27 Sep 2023

Shares in demat

Listing Debut

28 Sep 2023

Trading begins

How to Check Cellecor Gadgets Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
Select Cellecor Gadgets Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Cellecor Gadgets Limited Public Issue & Market Profile

Cellecor Gadgets Limited is bringing an initial public offering (IPO) in the Electrical Equipment & Consumer Electronics sector with an aggregate issue size of ₹50.77 Crores. The shares are offered at a price band of ₹87 to ₹92 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,10,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-27, while un-allotted funds or UPI block mandates will be released on 2023-09-26.

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.