Cello World Limited
ListedMainboardIndustrial & Financial Services · NSE / BSE
Cello World is a well-known Indian consumer product company engaged in writing instruments and stationery, molded furniture, and consumer housewares. With over 60 years of experience, the company has developed a deep understanding of consumer needs and preferences. It operates 13 manufacturing units across 5 locations in India and also plans to set up a glass manufacturing unit in Rajasthan with advanced European machinery to boost productivity and capacity. As of March 31, 2023, Cello World has 15,841 SKUs across its product portfolio and a national sales distribution team of 683 members.
Price Band
₹617 – ₹648
Issue Size
₹1900 Cr
Lot Size
23 shares
GMP
₹179
+27.6%
Est. Listing
₹827
at current GMP
Subscribed
40.86x
overall
Open
30 Oct 2023
Close
1 Nov 2023
Allotment
2 Nov 2023
Refund
3 Nov 2023
Demat Credit
4 Nov 2023
Listing
6 Nov 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹617 - ₹648 per equity share
- •Minimum bid lot is 23 shares
- •Estimated listing target of ₹827 based on current grey market activity