IPO

Cello World Limited IPO

Mainboard

Houseware

Listed On: Nov 6, 2023 at ₹ 829.0(NSE)

₹ 14904 /23 Shares

Check Allotment

30 Oct, 2023

Open Date

01 Nov, 2023

Close Date

02 Nov, 2023

Allotment Date

06 Nov, 2023

Listing Date
Price Summary

Last Closing

551.00 (-14.97%)

52 Week High

801.95

52 Week Low

494.75

Last Update

19-Dec-2025 3:30 PM
Cello World Limited IPO Issue Details
  • Issue Price ₹617-648 per equity share
  • Face Value ₹5 Per Equity Share
  • Issue Price OFS : 29,320,987 shares of ₹5(aggregating up to ₹1,900.00 Cr)
  • Listing at BSE, NSE
  • List Price 829.0(NSE)
  • Listing Date 2023-11-06
  • Lead Manager Kotak Mahindra Capital Company Limited
    ICICI Securities Limited
    Iifl Securities Ltd
    Jm Financial Limited
    Motilal Oswal Investment Advisors Limited
  • Registrar Link Intime India Private Ltd
Cello World Limited IPO Details
  • Retail Portion 35% (Number of Retail Applications: 4,43,597 Approx),
    (Number of S-HNI Applications : 4,526 Approx),
    (Number of B-HNI Applications : 9,063 Approx)
Cello World Limited IPO Documents
DRHP
RHP
ANCHOR
Cello World Limited IPO Details


The IPO of Cello World Limited is priced at ₹617-648 per equity share, which has a face value of ₹5 Per Equity Share each, IPO bidding starts from Oct 30, 2023 and ends on Nov 1, 2023. The allotment for Cello World Limited IPO will be finalized on Nov 2, 2023. Cello World Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 6, 2023. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Kotak Mahindra Capital Company Limited, ICICI Securities Limited, Iifl Securities Ltd, Jm Financial Limited, Motilal Oswal Investment Advisors Limited.


The Cello World Limited IPO sets its price band at 617-648 for each share. A single application for Cello World Limited IPO must contain at least 23 shares.

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Cello World Limited IPO Subscription Analysis And Details
Retail
3.06x
QIB
108.57x
NII
24.42x
bNII
28.58x
sNII
16.10x
Total
38.90x
As on QIB NII
bNII   sNII 		Retail Employee Total
Shares Offered / Reserved 5,833,334 4,375,000
2,916,667    1,458,333 		10,208,333 170,357 20,587,024
Day 1 30-10-23 05:00 PM
0.02 x 0.94
1.00 x   0.83 x 		0.35 x 0.42 x 0.38 x
Day 2 31-10-23 05:00 PM
0.05 x 4.36
4.84 x   3.38 x 		1.04 x 1.26 x 1.44 x
Day 3 01-11-23 05:00 PM
108.57 x 24.42
28.58 x   16.10 x 		3.06 x 2.60 x 38.90 x
Total No of Applications
13,16,808
Subscription on the basis of Applications
2.97
Cello World Limited Valuations
Earnings Per Share (EPS) ₹13.65/-
P/E Ratio N/A
RoNW 23.17%
Net Asset Value (NAV) - As on 30.06.23 ₹N/A
Cello World Limited Company Financials
In Crs.
In Cr.
31-Mar-23 31-Mar-22 31-Mar-21
Assets 1,551.69 1,333.66 1,146.51
Revenue 1,813.44 1,375.11 1,059.58
Profit After Tax 285.06 219.52 165.55
About Cello World Limited Company

Cello World is a famous Indian consumer product company mainly dealing in three categories such as writing instruments and stationery, molded furniture, consumer housewares and related products.

The company has an experience of more than 60 years in the field of consumer product industry which enables them to better understand consumer preferences and choices.

Cello World has 13 manufacturing units situated in 5 different locations in India. The company also aims to set up a glass manufacturing unit in Rajasthan with European made machinery to enable efficient productivity and enhanced manufacturing capacity.

As of March 31, 2023, the company has 15,841 stock-keeping units (SKU) across all product ranges.

As of March 31, 2023, the company's national sales distribution team comprises of 683 members.

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Cello World Limited - Promoter(s)

Pradeep Ghisulal Rathod

Pankaj Ghisulal Rathod

Gaurav Pradeep Rathod

Pre Issue Share Holding : 91.8%

Post Issue Share Holding : 78.06%

Cello World Limited IPO - Issue Objectives
1

The company will not receive any proceeds from the Offer.

Cello World Limited IPO - Anchor Investors

Cello World raises Rs 567 crore from anchor investors ahead of IPO.

Several marquee investors participated in the anchor book of the company including Goldman Sachs, Nomura, Morgan Stanley, Florida Retirement System, HSBC, and Eminence Global Fund, CLSA Global, and BNP Paribas Arbitrage.

Among others, ICICI Prudential Mutual Fund, Aditya Birla Sun Life Trustee, HDFC Mutual Fund, Motilal Oswal Mutual Fund, Ashoka India Opportunities Fund, Tata Mutual Fund, Edelweiss Trusteeship, Invesco India, and Quant Mutual Fund also invested in Cello World via anchor book.

Cello World Limited IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Cello World Limited N/A N/A 23.17% N/A
Borosil Limited N/A 50.59 11.55% N/A
Kokuyo Camlin Limited N/A 57.97 9.31% N/A
La Opala RG Limited N/A 40.81 15.87% N/A
Stove Kraft Limited N/A 51.49 8.87% N/A
TTK Prestige Limited N/A 43.78 13.11% N/A
Linc Limited N/A 33.39 20.38% N/A
Hawkins Cookers Limited N/A 40.23 34.32% N/A