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.

What is the current subscription status of Cellecor Gadgets Limited IPO?

Cellecor Gadgets Limited IPO has received a total subscription of 116.41 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

116.41x

Total Demand

QIB Multiplier

57.58x

Institutions & Funds

NII / HNI

176.89x

High Net-Worth

Retail (RII)

124.08x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 116.41x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,048,800	60,392,400	57.58x
NIB	787,200	139,250,400	176.89x
RETAIL	1,834,800	227,664,000	124.08x
Total	3,670,800	427,306,800	116.41x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 125.95x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,610	199,769	124.08x
HNIs (10L +)	10	1,769	176.89x
HNIs (2-10L)	49	8,668	176.89x
Total Applications	1,669	210,206	125.95x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Cellecor Gadgets Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Cellecor Gadgets Limited IPO is ₹52 per equity share. Based on the upper price band of ₹87 to ₹92 per equity share, the estimated listing price is ₹144 (+56.5% expected listing gain).

What is the expected profit per lot for Cellecor Gadgets Limited IPO?

With a lot size of 1200 shares and current GMP of ₹52, the expected profit per application lot is approx ₹62,400 (+56.5% gain). Minimum application cost is approx ₹1,10,400.

What is the issue size and price band for Cellecor Gadgets Limited IPO?

The Cellecor Gadgets Limited IPO aggregate issue size is ₹50.77 Crores with an equity price band set at ₹87 to ₹92 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,10,400.

How can I check Cellecor Gadgets Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 116.41x (Retail: 124.08x, QIB: 57.58x, NII: 176.89x). You can track live multiples directly on our dedicated subscription page.

Where and when will Cellecor Gadgets Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2023-09-25. Investors can verify status using PAN card or application number.

When is the listing date for Cellecor Gadgets Limited IPO?

Cellecor Gadgets Limited shares are scheduled to list on NSE on 2023-09-28.