Cello World IPO Allotment Date : The IPO subscription period for Cello World Limit is expect to end on November 1, 2023, with bidding commencing on October 30, 2023. The price range for the company’s IPO is set at ₹617 to ₹648 per share, with a minimum of 23 shares constituting a lot.
The anticipate date for the completion of Cello World IPO Allotment is November 6, 2023. Refunds will be initiate on November 7, 2023, and shares will be credited to the demit account on November 8, 2023. Following this timeline, Cello World Limited’s IPO will be list on November 9, 2023.
Cello World IPO Allotment Date
To participate in Cello World Limit’s initial public offering, rental investors need to invest at least ₹14,904. The IPO share price range is ₹617 to ₹648. The lot size for an application is determine by a minimum of 23 shares. The minimum investment amount for sNII and bNII is ₹208,656 for 14 lots (322 shares) and ₹1,013,472 for 68 lots (1,564 shares), respectively.
Please note that these figures may change bas on market conditions and other factors affecting share pricing during the IPO Allotment Date. It is recommend to consult with a financial advisor before making any investment decisions. Cello World Limit’s recent initial public offering (IPO) has generate significant interest from workers, who have the chance to buy up to 170,357 shares at a discount price of Rs 61 per share.
Cello World IPO Allotment Date Details
| IPO Open Date | October 30, 2023 |
| IPO Close Date | November 1, 2023 |
| Face Value | ₹5 per share |
| Price Band | ₹617 to ₹648 per share |
| Lot Size | 23 Shares |
| Basis of Allotment | November 6, 2023 |
| Initiation of Refunds | November 7, 2023 |
| The credit of Shares to Demat | November 8, 2023 |
| Listing Date | November 9, 2023 |
| Listing At | BSE, NSE |
| Category | News |
| Official Website | Click Here |
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Cello World IPO GMP
Cello World’s initial public offering (IPO) has a GMP (grey market premium) of +120, indicating that the shares were selling at a premium of 120 on the grey market as of Monday. The grey market premium refers to the amount investors are willing to pay above the issue price for shares. This suggests that there is high demand for Cello World shares and investors have confidence in the company’s future prospects.
Increase from IPO price
It is important to note that investing in the grey market can be risky as it is not regulate and prices can fluctuate rapidly. Cello World’s expect listing price was estimate to be 768 per share, an 18.52% increase from its IPO price of 648. The strong demand for the company’s stock in the grey market indicates promising growth prospects. However, share prices can be volatile, so investors should exercise caution.
Cello World IPO Investors
Investors should keep an eye on these dates and adhere to them accordingly if they intend to participate in the upcoming IPO. The highly anticipate Cello World IPO is just around the corner, and investors are eagerly waiting to find out the allotment date. In this blog post, we will discuss everything you need to know about the IPO allotment process, including key dates and how to check if you’ve been allot shares.
Participate Cello World IPO
Whether you’re a season investor or new to the world of IPOs, this information is essential for anyone looking to participate in the Cello World IPO. So mark your calendars and get ready for an exciting opportunity in the world of investing! The IPO was a success, raising Rs 567.00 crore from anchor investors before the anchor bid took place on October 27, 2023. This development is an indication of the company’s growth potential and investor confidence in its future prospects.
Cello World Limited IPO Reservation
Cello World, a leading manufacturer of plastic household products, has recently announce its Initial Public Offering (IPO) allocation strategy. The company will allocate a minimum of 15% of its shares for Non-Institutional Investors (NII), while a maximum of 50% will be reserve for Qualified Institutional Buyers (QIB).
Retail Investors minimum allocation
Retail Investors are also set to receive a minimum allocation of 35%. In addition, qualifying employees will be eligible for a discount of ₹61 per equity share when bidding in the employee reserve part. This move is aim at attracting a wide range of investors, including institutional buyers, high net worth individuals, and retail investors. By offering discounts to their staff members, Cello World hopes to incentivize and motivate their workforce while building long-term loyalty among them.
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Cello World IPO key risks
Bas on the Risk and Hazard Prevention (RHP) report of the company, two significant risks have been identified that may have a severe impact on the company’s operations, financial status, business, and cash flows. These risks are fluctuations in the cost of raw materials such as plastic granules and plastic polymers and disruptions in their supply. As the company heavily relies on these raw materials for its production, any increase in their cost or shortage can lead to decrease profitability and potentially damage its reputation.
Cello World IPO financial status
To mitigate these risks, the company should establish contingency plans and diversify its suppliers to avoid any future disruptions in supply chains. The firm’s operations, financial status, cash flows, and business performance would be severely affected if there were any disruption in this network. The distribution network in India and abroad plays a crucial role in the corporation’s ability to sell and distribute its products.
Cello World Limited IPO Lot Size
Bidders have the option to place bids for quantities of 23 shares or multiples thereof, with a minimum bid requirement of 23. The table below displays the minimum and maximum share quantities as well as the investment amounts for both High Net Worth Individuals (HNIs) and retail investors.
- Retail (Min): 23, ₹14,904
- Retail (Max): 299, ₹193,752
- S-HNI (Min): 322, ₹208,656
- S-HNI (Max): 1,541, ₹998,568
- B-HNI (Min):1,564, ₹1,013,472
Cello World Limited IPO – Buy Or Not
Deciding whether or not to invest in the Cello World Limit IPO requires careful consideration of your investment goals, risk tolerance, and analysis of the company’s potential. Conducting thorough research is crucial before making any investment decisions. Factors such as the company’s financial health, growth potential, and industry trends should be taken into account. Additionally, it is important to evaluate the IPO price and demand. Seeking advice from a financial expert may also prove helpful in making an inform decision. It is vital to understand that investing in an IPO can be risky and returns are never guarantee, so it is important to weigh all factors before making any investment decisions.
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Cello World Limited IPO Review
“Cello” and “Unomax” are two of the most popular brands that the company is known for. Over the years, it has demonstrate stable growth in its top and bottom lines. Despite facing stiff competition from significant rivals in various segments, the company has manage to maintain its position as a leader in the industry. To stay ahead of the curve, it must continue to innovate and offer exceptional products and services that meet customer demands while keeping an eye on market trends.
Cello World Limited IPO B Market Trends
Additionally, expanding into new markets and investing in cutting-edge technology can also help boost its competitive edge. The company’s recent financial results have caused a problem that outweighs short-term benefits. Investing in an expensive OFS issue requires understanding market trends, potential risks, and evaluating the company’s future growth prospects and profit generation. It is important to carefully analyze and have a long-term investment outlook before making any investment decisions.
How To check the Cello World IPO Allotment Status?
The Cello World IPO has generate a lot of buzz in the investment world, and if you’re one of the lucky investors who manage to secure some shares, you’re probably eager to know the allotment status. In this blog post, we’ll guide you through the simple steps to check the Cello World IPO allotment status and ensure that you stay inform about your investment. Whether you’re a seasoned investor or new to the IPO game, this information will help you navigate the process with ease. So let’s dive in and find out how to check the Cello World IPO allotment status!
To check the Cello World IPO Allotment Status, follow these steps:
- Visit the registrar’s website.
- Enter your application details.
- Look for your allotment status.
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Conclusion
IPO allotment date for Cello World a leading manufacturer of plastic household products, Cello World’s initial public offering has generated significant interest from investors. The company’s strong brand reputation and diversified product portfolio make it an attractive investment opportunity. Investors are eagerly awaiting the IPO allotment date, which will determine the number of shares they will be allotted. Once the date is announced, investors can expect to receive updates on their share allotment and the subsequent trading of Cello World’s shares on the stock exchange.
Cello World IPO Allotment Date FAQ’S
What is the listing date of IPO?
The IPO listing date refers to the date when a new IPO is listed on the NSE and BSE (Mainboard IPO). It marks the commencement of trading for IPO shares on the stock exchanges. The determination of the IPO listing price depends on the demand and supply of the company's shares. Predicting the IPO listing price can be challenging.
What is the price of Icici IPO?
Public issue of 9,46,63,600 equity shares of Rs. 10 each for cash at a price of Rs. 940/- per equity share (including a share premium of Rs. 930/- per equity share) for non Institutional and QIB Bidders and Rs.
What is the IPO allotment status of macfos limited?
The Macfos IPO allotment status will be available on February 24, 2023, as per the timeline provided in the red-herring prospectus.
What is the highest IPO price?
Alibaba dominates as the largest tech IPO ever, raising a total of $21.8 billion when it went public in September 2014. Meta's initial public offering of $16 billion also makes it one of the largest tech offerings in history.
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