Cello World Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 14,583,332 (50%) | — | ₹94,500 Cr |
| NII (HNI) | — | 4,375,000 (15%) | — | ₹28,350 Cr |
| Retail | — | 10,208,334 (35%) | — | ₹66,150 Cr |
| Employee | — | 170,357 (1%) | — | ₹110 Cr |
| Σ Total | — | 29,337,023 (100%) | — | ₹1,901,039 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,904 |
| Retail (Max) | 13 | 299 | ₹193,752 |
| S-HNI (Min) | 14 | 322 | ₹208,656 |
| B-HNI (Min) | 67 | 1,541 | ₹998,568 |
Financial Statements Amount in Crore
| Metric | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 480 | 1,813 | 1,375 |
| Profit After Tax | 83 | 285 | 220 |
| Net Worth | 1,227 | 666 | 444 |
| Total Assets | 1,686 | 1,552 | 1,334 |
| Reserves & Surplus | 150 | 239 | 87 |
| Total Borrowing | 329 | 335 | 463 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- The company will not receive any proceeds from the Offer. –
Company Overview
Incorporated in 1962, Cello World Limited manufactures and offers consumer housewares, writing instruments and stationery products, molded furniture, and related products.
The company's product portfolio includes Plastic bottles, Containers, Jugs - Buckets, Sandwich makers, Iron, Dinner sets, Ballpoint pens, Fountain pens, Highlighters - Markers, Chairs, Tables, Trolleys - Stools, Dustbin, Bubble-guards, and more.
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.
Consumer Houseware division has 717 distributors and approximately 58,716 retailers located across India. writing instruments and stationery division has 29 super-stockists, approximately 1,509 distributors, and approximately 60,826 retailers located across India. Moulded Furniture and Allied Products division has 1,067 distributors and approximately 6,840 retailers located across India.
As of March 31, 2023, the company has 15,841 stock-keeping units ("SKUs") across all product ranges. As of March 31, 2023, the company's national sales distribution team comprises 683 members.