Cellecor Gadgets Limited IPO (Cellecor Gadgets IPO)

Cellecor Gadgets Limited IPO
Upcoming Cellecor Gadgets IPO | New Cellecor Gadgets IPO

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

Cellecor Gadgets IPO – Details

IPO Opening Date15 September 2023
IPO Closing Date20 September 2023
Issue TypeBook Built Issue IPO
Issue Size55,18,800 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 Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterSkyline Financial Services Private Limited
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Cellecor Gadgets IPO – Date Schedule

IPO Open Date15 September 2023
IPO Close Date20 September 2023
Basis of Allotment25 September 2023
Initiation of Refund26 September 2023
Credit of Shares to Demat Account27 September 2023
IPO Listing Date28 September 2023
Cut-off time for UPI mandate confirmation5 PM on Sep 20, 2023

Cellecor Gadgets IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)112001,10,400
Retail (Maximum)112001,10,400
HNI (Minimum)224002,20,800

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.
Cellecor Gadgets IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202100.02-0.020
31 March 2022121.29118.302.131.21
31 March 2023264.36253.757.9720.84
Amount in ₹ Crore

Key Performance Indicator

P/E (x)13.45
Market Cap (₹ Cr.)192.9
EPS (Rs)6.84

Cellecor Gadgets IPO Promoter Holding

Pre Issue Share Holding69.95%
Post Issue Share Holding51.54%

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

Cellecor Gadgets IPO Registrar

Skyline Financial Services Private Limited

Phone: +91-11-40450193-97
Email: compliances@skylinerta.com

Cellecor Gadgets IPO Lead Manager(s)

1. Narnolia Financial Services Limited

Cellecor Gadgets IPO FAQs

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.
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