Cellecor Gadgets Limited is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearable, mobile accessories, smart watches, and neckbands. The company sell its products under flagship brand, i.e., CELLECOR.
Over the years, the company has been able to build its presence in India by having 1200+ service centres, 800+ Distributor, and its products are also present at 24,000+ retail store with 300+ wide range of products and 100 million users Pan India is purchasing a wide range of consumer products at affordable prices through the dealer channels (online as well as offline).
We categorize our business verticals into the following categories:
- Entertainment and Communication
- Peripherals
- Modern Accessories
Cellecor Gadgets IPO – Details
| IPO Opening Date | 15 September 2023 |
| IPO Closing Date | 20 September 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 55,18,800 Shares Worth ₹50.77 Crore Fresh Issue: 55,18,800 Shares Worth ₹50.77 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹87 – ₹92 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Cellecor Gadgets IPO – Date Schedule
| IPO Open Date | 15 September 2023 |
| IPO Close Date | 20 September 2023 |
| Basis of Allotment | 25 September 2023 |
| Initiation of Refund | 26 September 2023 |
| Credit of Shares to Demat Account | 27 September 2023 |
| IPO Listing Date | 28 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Sep 20, 2023 |
Cellecor Gadgets IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | 1,10,400 |
| Retail (Maximum) | 1 | 1200 | 1,10,400 |
| HNI (Minimum) | 2 | 2400 | 2,20,800 |
Competitive Strengths
- Integrated Business Model.
- Cordial relations with there customers.
- Quality Deliverables.
- Favourable Government policies.
- B2C Business Relations.
Company Promoters
- Mr. Ravi Agarwal
- Mr. Nikhil Aggarwal
Object Of The Issue
- Working Capital Requirement.
- General corporate purposes.
- Issue Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 0 | 0.02 | -0.02 | 0 |
| 31 March 2022 | 121.29 | 118.30 | 2.13 | 1.21 |
| 31 March 2023 | 264.36 | 253.75 | 7.97 | 20.84 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 13.45 |
| Market Cap (₹ Cr.) | 192.9 |
| ROE | 57.71 |
| ROCE | 63.88 |
| Debt/Equity | 1.51 |
| EPS (Rs) | 6.84 |
| RoNW | 57.71 |
Cellecor Gadgets IPO Promoter Holding
| Pre Issue Share Holding | 69.95% |
| Post Issue Share Holding | 51.54% |
Cellecor Gadgets IPO Prospectus
Company Contact Information
| Cellecor Gadgets Limited Unit No. 703, 7th Floor, Jaksons Crown Heights Plot No. 3BI Twin District Centre, Sector 10 Rohini Delhi 110085 India Phone: 011 – 45038228 Email: cs@cellecor.in Website: www.cellecor.com |
Cellecor Gadgets IPO Registrar
| Skyline Financial Services Private Limited Phone: +91-11-40450193-97 Email: compliances@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Cellecor Gadgets IPO Lead Manager(s)
| 1. Narnolia Financial Services Limited |
Cellecor Gadgets IPO FAQs
| What is Cellecor Gadgets IPO? Cellecor Gadgets IPO is a SME IPO. The issue is priced at ₹87 – ₹92 per equity share. The IPO is to be listed on NSE SME. |
| When Cellecor Gadgets IPO will open? The IPO is to open on 15 September 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Cellecor Gadgets IPO? You can apply Cellecor Gadgets IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Cellecor Gadgets IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Cellecor Gadgets”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Cellecor Gadgets IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Cellecor Gadgets”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Cellecor Gadgets IPO Size? Cellecor Gadgets IPO size is ₹50.77 crores. |
| What is Cellecor Gadgets IPO Price Band? Cellecor Gadgets IPO Price Band is ₹87 – ₹92. |
| What is Cellecor Gadgets IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,10,400 amount while the maximum bid is 1200 shares with ₹1,10,400 . |
| What is the Cellecor Gadgets IPO Allotment Date? Cellecor Gadgets IPO allotment date is 25 September 2023. |
| What is the Cellecor Gadgets IPO Listing Date? Cellecor Gadgets IPO listing date is 28 September 2023. The IPO is to list on NSE SME. |
