IPO

Cellecor Gadgets Limited IPO

NSE SME

Listed On: Sep 28, 2023 at ₹ 92.0

₹ 220800 /2400 Shares
*Min Investment

Check Allotment

15 Sep, 2023

Open Date

20 Sep, 2023

Close Date

25 Sep, 2023

Allotment Date

28 Sep, 2023

Listing Date
Cellecor Gadgets Limited IPO Issue Details
  • Issue Price ₹87-92 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 5,518,800 shares(aggregating up to ₹50.77 Cr)
  • Listing at NSE SME
  • List Price 92.0
  • Listing Date 2023-09-28
  • Lead Manager Narnolia Financial Services Ltd
  • Registrar Skyline Financial Services Private Ltd
Cellecor Gadgets Limited IPO Details
  • Retail Portion 35%
Cellecor Gadgets Limited IPO Documents
Cellecor Gadgets Limited IPO Details


Cellecor Gadgets Limited IPO is an SME IPO, priced at ₹87-92 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.

The IPO bidding window is open from Sep 15, 2023 to Sep 20, 2023. The allotment is expected to be finalized on Sep 25, 2023, and the tentative listing date is Sep 28, 2023.


The registrar of the IPO is Skyline Financial Services Private Ltd, and

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Cellecor Gadgets Limited IPO Subscription Analysis And Details
Retail
124.08x
Total
116.41x
As onQIB / NIIRetailTotal
Shares Offered / Reserved1,048,800 / 787,2001,834,8003,670,800
Day 1 15-09-23 06:00 PM
0.00 / 1.03 x3.57 x2.00 x
Day 2 18-09-23 06:00 PM
0.10 / 12.28 x31.50 x18.41 x
Day 3 20-09-23 06:00 PM
57.58 / 176.89 x124.08 x116.41 x
Cellecor Gadgets Limited Valuations
Earnings Per Share (EPS) ₹6.84/-
P/E Ratio N/A
RoNW 57.71%
Net Asset Value (NAV) - Post Issue ₹N/A/-
Cellecor Gadgets Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets7,000.522,367.2310.00
Revenue26,436.5612,128.990.00
Profit After Tax797.07213.56-2.42
About Cellecor Gadgets Limited Company

Cellecor Gadgets Limited is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearables, mobile accessories, smart watches, and neckbands.

The company has three business verticals:
1. Entertainment and Communication: Here, the company provides smart and conventional televisions that are fully outfitted with the GENZ Android operating system, and sound systems & sound bars. This category has 35 SKUs of televisions, 15 SKUs of sound systems and sound bars, and 70 SKUs of mobile phones.
2. Peripherals: Here, the company provides True Wireless (TWS) Earbuds, Neckbands, and Smart Watches. These categories have more than 145 SKUs.
3. Modern Accessories: Here, the company provides power banks, data cables, USB chargers, quick chargers, and other items under this category, many Wireless and Standard Power banks, all types of high-strength data lines, and the necessary adapters or chargers for each. More than 40 SKUs fall into this category.

Cellecor Gadgets has more than 1200 service centers, and more than 800 Distributors. Its products are also present at over 24,000 retail stores with more than 300 ranges of products and 100 million users in Pan India through offline and online channels.

The company recorded Rs. 26,436.56 Lacs, and Rs. 12,128.99 Lacs in Revenue from operations in fiscal 2023 and 2022.

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Cellecor Gadgets Limited - Promoter(s)

Mr. Ravi Agarwal

Mr. Nikhil Aggarwal

Pre Issue Share Holding : 69.95%

Post Issue Share Holding : 51.54%

Cellecor Gadgets Limited IPO - Issue Objectives
1

Working Capital Requirement

2

General Corporate Purposes

3

Issue Expenses.