
Industrial & 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
+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
Overall Subscription
40.86x
Total Demand
QIB Multiplier
114.02x
Institutions & Funds
NII / HNI
25.65x
High Net-Worth
Retail (RII)
3.21x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 6,251,929 | 712,859,562 | 114.02x |
| NIB | 4,375,000 | 112,214,562 | 25.65x |
| HNIs(10L +) | 2,916,667 | 87,555,388 | 30.02x |
| HNIs (2-10L) | 1,458,334 | 24,659,174 | 16.91x |
| RETAIL | 10,208,334 | 32,768,974 | 3.21x |
| EMPLOYEES | 171,252 | 467,567 | 2.73x |
| Total | 25,381,516 | 970,525,227 | 40.86x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 446,189 | 1,432,267 | 3.21x |
| HNIs (10L +) | 2,854 | 73,205 | 25.65x |
| HNIs (2-10L) | 13,659 | 350,353 | 25.65x |
| Total Applications | 462,702 | 1,855,825 | 4.01x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Cello World Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹1,900 Crores. The shares are offered at a price band of ₹617 to ₹648 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
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.
Following the close of bidding on 2023-11-01, the basis of allotment is scheduled to be finalized on 2023-11-02. 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 (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Cello World Limited IPO is ₹179 per equity share. Based on the upper price band of ₹617 to ₹648 per equity share, the estimated listing price is ₹827 (+27.6% expected listing gain).
With a lot size of 23 shares and current GMP of ₹179, the expected profit per application lot is approx ₹4,117 (+27.6% gain). Minimum application cost is approx ₹14,904.
The Cello World Limited IPO aggregate issue size is ₹1,900 Crores with an equity price band set at ₹617 to ₹648 per equity share. The retail lot size is 23 shares requiring a minimum capital outlay of approx. ₹14,904.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 40.86x (Retail: 3.21x, QIB: 114.02x, NII: 25.65x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-11-02. Investors can verify status using PAN card or application number.
Cello World Limited shares are scheduled to list on NSE and BSE on 2023-11-06.