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Cellecor Gadgets IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Electric Equipments sector. Narnolia Financial Services is the merchant banker of Cellecor Gadgets IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th July 2023.
Cellecor Gadgets IPO open date is 15th September 2023 and close date is 20th September 2023. IPO Allotment Date is 25th September 2023 and Listing date is 28th September 2023.Cellecor Gadgets IPO size is Rs 50.77 Cr. crores with IPO price of Rs 92.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Narnolia Financial Services Limited is the book-running lead manager of the Cellecor Gadgets IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Ss Corporate Securities Limited for Cellecor Gadgets IPO.
Cellecor Gadgets IPO anchor investors are the below investors. The number of anchor investors in this IPO is 4.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Meru Investment Fund | 412,800.00 | ₹92.00 | ₹37,977,600.00 |
| India - Ahead | 418,800.00 | ₹92.00 | ₹38,529,600.00 |
| Ag Dynamic Fund | 325,200.00 | ₹92.00 | ₹29,918,400.00 |
| Founders Collective Fund | 415,200.00 | ₹92.00 | ₹38,198,400.00 |
Cellecor Gadgets IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Cellecor Gadgets IPO, based in New Delhi, operates in the Electric Equipments sector with a focus on procurement, branding, and distribution of televisions, mobile phones, Smart Wearable.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Cellecor Gadgets IPO size is ₹ 50.77 Cr. Crores with fresh issue size of Rs 50.77 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Cellecor Gadgets IPO is expected to be 25th September 2023, after the finalization of basis of allotment. Investors can check Cellecor Gadgets IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Cellecor Gadgets IPO refund dates are 26th September 2023.
Cellecor Gadgets IPO is expected to be listed on 28th September 2023.
The upper price band for the Cellecor Gadgets IPO is set at ₹ 92.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Cellecor Gadgets IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Cellecor Gadgets IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th September 2023. After submission, funds are blocked until the basis of allotment of Cellecor Gadgets IPO is finalised.
The merchant banker for Cellecor Gadgets IPO is Narnolia Financial Services Limited . Narnolia Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Cellecor Gadgets IPO RHP for further details.
The registrar for Cellecor Gadgets IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Cellecor Gadgets IPO through their official website or helpline.
Cellecor Gadgets IPO was subscribed 116.33 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 50.77 Cr.
Avg IPO Size (Sector Based)
:
₹ 34.18 Cr.
Sector: Electric Equipments
SME IPO so far:
39
Merchant Banker:
Narnolia Financial
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 264.35 cr.
PE
Ratio:
24.21x
Average Sector PE Ratio: 18.31x
Cellecor Gadgets IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Cellecor Gadgets Financial Review Page
Merchant Banker(s) of Cellecor Gadgets IPO: Narnolia Financial Services Limited
Cellecor Gadgets IPO subscription was 116.33 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Cellecor Gadgets IPO listed at a listing price of 96.60 against the offer price of 92.00.
The current market price of Cellecor Gadgets is 53.60.
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