{"id":5146,"date":"2023-10-25T18:03:23","date_gmt":"2023-10-25T12:33:23","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5146"},"modified":"2023-10-25T18:03:28","modified_gmt":"2023-10-25T12:33:28","slug":"cello-world-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/cello-world-ipo\/","title":{"rendered":"Cello World IPO Details - Complete Overview of Cello World Limited IPO"},"content":{"rendered":"\n

Cello World IPO Price: <\/strong>\u20b9617 - \u20b9648
IPO Date Range:<\/strong> Oct 30, 2023 - Nov 1, 2023<\/p>\n\n\n\n

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\"Cello<\/figure>\n<\/div>\n\n\n\n
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Foundation & Business Essence:<\/h2>\n\n\n\n

Cello World is a renowned Indian consumer product company specializing in three key categories: writing instruments and stationery, molded furniture, and consumer housewares, along with related products. With over six decades of experience in the consumer product industry, the company possesses a deep understanding of consumer preferences and choices.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Product Portfolio:<\/h2>\n\n\n\n

Cello World is a well-known Indian company that specializes in three main categories of consumer products - <\/p>\n\n\n\n

    \n
  1. Writing Instruments and Stationery<\/li>\n\n\n\n
  2. Molded Furniture<\/li>\n\n\n\n
  3. Consumer Housewares<\/li>\n<\/ol>\n\n\n\n

    Network and Presence:<\/h2>\n\n\n\n

    Cello World operates 13 manufacturing facilities across five locations in India, further expanding with a new glass manufacturing unit in Rajasthan equipped with European machinery to boost productivity and capacity.<\/p>\n\n\n\n

    As of March 31, 2023, the company maintains an extensive inventory of 15,841 stock-keeping units (SKUs) spanning its entire product spectrum. Additionally, their national sales distribution team consists of 683 members as of the same date.<\/p>\n\n\n\n

    Strengths:<\/h2>\n\n\n\n

    The company's key strengths encompass:<\/p>\n\n\n\n

      \n
    1. Robust Market Position and Branding<\/strong>: The company boasts a strong market presence and a well-established brand.<\/li>\n\n\n\n
    2. Diverse Product Portfolio<\/strong>: It offers a wide array of products to cater to varying customer needs and demands.<\/li>\n\n\n\n
    3. Proven Track Record in Business Expansion<\/strong>: The company has consistently demonstrated the ability to scale up its businesses and diversify product categories successfully.<\/li>\n\n\n\n
    4. Experienced Management Team<\/strong>: It is led by an experienced management team with deep domain expertise.<\/li>\n<\/ol>\n\n\n\n

      Bidding Starts In<\/h2>\n\n\n\n
      -<\/div>
      DAYS<\/div><\/div>
      -<\/div>
      HOURS<\/div><\/div>
      -<\/div>
      MINUTES<\/div><\/div>
      -<\/div>
      SECONDS<\/div><\/div><\/div>\n\n\n\n
      APPLY NOW<\/span><\/path><\/svg>

      Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

      Cello World IPO Specifics:<\/h2>\n\n\n\n
      IPO Date<\/td>October 30, 2023 to November 1, 2023<\/td><\/tr>
      Listing Date<\/td>Tuesday, November 6, 2023<\/td><\/tr>
      Face Value<\/td>\u20b95 per share<\/td><\/tr>
      Price Band<\/td>\u20b9617 to \u20b9648 per share<\/td><\/tr>
      Lot Size<\/td>23 shares<\/td><\/tr>
      Total Issue Size<\/td>29,320,987 shares
      (aggregating up to \u20b91,900 Cr)<\/td><\/tr>
      Offer For Sale<\/td>29,320,987 shares
      (aggregating up to \u20b91,900 Cr)<\/td><\/tr>
      Employee Discount<\/td>\u20b961 per share<\/td><\/tr>
      Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
      Listing At<\/td>BSE, NSE<\/td><\/tr>
      Share holding pre issue<\/td>195,000,000<\/td><\/tr>
      Share holding post issue<\/td>212,231,034<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      Cello World IPO Lot Size<\/h2>\n\n\n\n

      The minimum lot size to apply in this Cello World Limited <\/strong>IPO consists of 23 shares, requiring an investment of \u20b914,904.<\/p>\n\n\n\n

      Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
      Retail (Min)<\/td>1<\/td>23<\/td>\u20b9 14,904<\/td><\/tr>
      Retail (Max)<\/td>13<\/td>299<\/td>\u20b9 1,93,752<\/td><\/tr>
      S-HNI (Min)<\/td>14<\/td>322<\/td>\u20b9 2,08,656<\/td><\/tr>
      S-HNI (Max)<\/td>67<\/td>1,541<\/td>\u20b9 9,98,568<\/td><\/tr>
      B-HNI (Min)<\/td>68<\/td>1,564<\/td>\u20b9 10,13,472<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      Cello World IPO Reservation<\/h2>\n\n\n\n
      QIB Shares Offered<\/td>Not more than 50% of the Net Issue<\/td><\/tr>
      NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr>
      Retail Shares Offered<\/td>Not less than 35% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      Cello World IPO Timetable (Important Dates)<\/h2>\n\n\n\n
      IPO Open Date<\/td>Monday, October 30, 2023<\/td><\/tr>
      IPO Close Date<\/td>Wednesday, November 1, 2023<\/td><\/tr>
      Basis of Allotment<\/td>Monday, November 6, 2023<\/td><\/tr>
      Initiation of Refunds<\/td>Tuesday, November 7, 2023<\/td><\/tr>
      Credit of Shares to Demat<\/td>Wednesday, November 8, 2023<\/td><\/tr>
      Listing Date<\/td>Thursday, November 9, 2023<\/td><\/tr>
      Cut-off time for UPI mandate confirmation<\/td>5 PM on November 1, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      Don't Miss Out!<\/h2>
      <\/div>

      Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

      \n
      APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

      Cello World Limited IPO Financial Information<\/h2>\n\n\n\n

      Cello World Limited experienced a robust financial performance, with a remarkable 31.88% growth in revenue and a substantial 29.85% increase in profit after tax (PAT) from the fiscal year ending on March 31, 2022, to March 31, 2023.<\/p>\n\n\n\n

      Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>30 June 2023<\/th><\/tr><\/thead>
      Assets<\/td>1146.51<\/td>1333.66<\/td>1551.69<\/td>1686.05<\/td><\/tr>
      Revenue<\/td>1059.58<\/td>1375.11<\/td>1813.44<\/td>479.88<\/td><\/tr>
      Profit After Tax<\/td>165.55<\/td>219.52<\/td>285.06<\/td>82.83<\/td><\/tr>
      Net Worth<\/td>289.59<\/td>444.04<\/td>665.73<\/td>1226.56<\/td><\/tr>
      Reserves & Surplus<\/td>98.66<\/td>87.26<\/td>238.75<\/td>784.91<\/td><\/tr>
      Total Borrowing<\/td>334.07<\/td>462.91<\/td>335.11<\/td>328.64<\/td><\/tr><\/tbody><\/table>
      Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

      Key Performance Indicator - Cello World IPO<\/h2>\n\n\n\n
      KPI<\/th>Values<\/th><\/tr><\/thead>
      P\/E (x)<\/td>49.2<\/td><\/tr>
      ROE<\/td>134.43%<\/td><\/tr>
      ROCE<\/td>44.48%<\/td><\/tr>
      EPS (Rs)<\/td>13.65<\/td><\/tr>
      RoNW<\/td>23.17%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      Objects of the Issue:<\/strong><\/h2>\n\n\n\n

      Cello World will not be entitled to any proceeds from the Offer.<\/p>\n\n\n\n

      Prospectus Links:<\/strong><\/h2>\n\n\n\n

      Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. Cello World IPO DRHP<\/a> and Cello World IPO RHP<\/a>.<\/p>\n\n\n\n

      Frequently Asked Questions<\/strong><\/h2>\n\n\n\n
      <\/div><\/div>\n\n\n
      \n
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      \n

      What is an IPO?<\/h3>\n
      \n\n

      An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n

      \n

      Why do companies go public with an IPO?<\/h3>\n
      \n\n

      Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n

      \n

      What is the price range for the \"Cello World Limited\" IPO?<\/h3>\n
      \n\n

      The price range for the\"Cello World\" IPO is \u20b9 617 to \u20b9648 per share.<\/p>\n\n<\/div>\n<\/div>\n

      \n

      When will the \"Cello World\" IPO be listed on the stock exchange?<\/h3>\n
      \n\n

      The \"Cello World\" IPO is expected to be listed on Thursday, 9 November 2023.<\/p>\n\n<\/div>\n<\/div>\n

      \n

      How to apply for an IPO with Lakshmishree?<\/h3>\n
      \n\n

      To apply for an IPO with Lakshmishree:
      Go to www.lakshmishree.com\/ipo
      Select the desired IPO and fill in the required details.
      Confirm your application and make the payment.
      Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n

      \n

      How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n
      \n\n

      Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

      Cello World IPO Price: \u20b9617 - \u20b9648IPO Date Range: Oct 30, 2023 - Nov 1, 2023 Foundation & Business Essence: Cello World is a renowned Indian consumer product company specializing in three key categories: writing instruments and stationery, molded furniture, and consumer housewares, along with related products. With over six decades of experience in the […]<\/p>\n","protected":false},"author":1,"featured_media":5169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5146"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5146\/revisions"}],"predecessor-version":[{"id":5171,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5146\/revisions\/5171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5169"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}