Cello World IPO Date, Review, Price, Allotment, Analysis

Cello World is one of the famous Indian consumer product company mainly dealing in three categories such as writing instruments and stationery, molded furniture, consumer housewares and related products. The consumerware market is broadly divided into two categories, consumer houseware and consumer glassware and they are a prominent player in the consumerware market in India with presence in consumer houseware, writing instruments and stationery, moulded furniture and allied products, and consumer glassware categories.

While Cello World was incorporated only in 2018, their erstwhile promoter Late Ghisulal Dhanraj Rathod, father of two of their Promoters, Pradeep Ghisulal Rathod and Pankaj Ghisulal Rathod, was associated with Cello Plastic Industrial Works (CPIW) and the “Cello” brand since 1962. Their Promoters (through their family) have since diversified their product range and brand portfolio over the last six decades. The six decades of experience of their Promoters (through their family) in the consumer products industry has enabled them to better understand the preferences and needs of consumers in India, diversify their product portfolio, and grow their multi-channel distribution network. This has enabled them to curate an extensive product portfolio that caters to a diverse range of consumer requirements and offers a broad range of contemporary products across different ranges, types of 191 material and price points. As of June 30, 2023, they offered 15,891 stock-keeping units (SKUs1) across their product categories.

Cello World own/lease and operate 13 manufacturing facilities across five locations in India, as of June 30, 2023, and they are currently establishing a glassware manufacturing facility in Rajasthan. Their manufacturing capabilities allow them to manufacture a diverse range of products in-house. Their nationwide sales and distribution network is supported by their 721-member sales team, as of June 30, 2023. They equip their field staff across their distribution network with an enterprise resource planning system, which assists us in forecasting production levels and helps them in optimizing inventory levels. They have developed and maintained longstanding relationships with their distributors and retailers over the years. Further, their products also reach consumers through modern trade and export channels, e-commerce marketplaces, and their own websites. In addition, they also sell their products in bulk quantities to corporate clients and government departments.

Objects of the Issue

• NA

Cello World IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• BP Equities (BP Wealth): Apply
• Reliance Securities: Apply
• Sushil Finance Ltd: Apply
• Swastika Investmart Ltd: May apply

Cello World IPO Date & Price Band Details

Cello World IPO Market Lot

The Cello World IPO minimum market lot is 23 shares with ₹14,904 application amount. The retail investors can apply up-to 13 lots with 299 shares or ₹193,752 amount.

Cello World IPO Allotment & Listing Dates

The Cello World IPO date is October 30 and the close date is November 1. The Cello World IPO allotment will be finalized on November 3 and the IPO listing on November 6.

You can check IPO subscription status and IPO allotment status on their respective pages.

Cello World IPO Form

How to apply for the Cello World IPO? You can apply for Cello World IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Cello World IPO in the Invest section. The other option is you can apply for Cello World IPO via IPO forms downloaded via NSE and BSE. Check out the Cello World forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Cello World Company Financial Report

Cello World IPO Valuation – FY2023

Check Cello World IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Borosil Limited
• Kokuyo Camlin Limited
• La Opala RG Limited
• Stove Kraft Limited
• TTK Prestige Limited
• Linc Limited
• Hawkins Cookers Limited

Company Promoters

• Pradeep Ghisulal Rathod
• Pankaj Ghisulal Rathod
• Gaurav Pradeep Rathod

Cello World IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Cello World IPO Allotment Status Check

Check Cello World IPO allotment status on Linkintime website allotment URL. Click Here

Cello World IPO Lead Managers aka Merchant Bankers

• Kotak Mahindra Capital Company Limited
• ICICI Securities Limited
• Iifl Securities Ltd
• Jm Financial Limited
• Motilal Oswal Investment Advisors Limited

Company Address

Cello World Limited
597/2A, Somnath Road,
Dabhel
Nani Daman –396 210,
Phone: +91 22 2685 1027
Email: [email protected]
Website: https://celloworld.com/

Cello World IPO FAQs