Cell Point IPO Date, Review, Price, Allotment, Analysis

Cell Point IPO Details: Cell Point IPO date is fixed, The IPO will open on June 15 and will close on June 20, 2023. Cell Point is an NSE SME IPO to raise ₹50.34 crores via IPO. The Cell Point IPO price band is fixed at ₹100 with a market lot of 1200 shares.
Cell Point IPO

Cell Point (India) Limited is a multi-brand retailer of Smart Phones, tablets, mobile accessories, and other mobile-related products. They engaged in multi-brand retail selling of Smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Redmi, and Oneplus.

They are also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs. They are operating our business under the brand name Cell Point India Pvt Ltd. Presently They are operating 75 stores across the state of Andhra Pradesh.

Objects of the Issue:

  • Repayment of certain borrowings;
  • Repairs and Renovation of existing retail outlets & setting of new retail outlets;
  • To meet the Working Capital requirements;
  • General Corporate Expenses; and
  • Issue Expenses

Cell Point IPO Review

  • Avoid

Cell Point IPO Date & Price Band Details

IPO Open:June 15, 2023
IPO Close:June 20, 2023
IPO Size:Approx ₹50.34 Crores, 5,034,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹100 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Cell Point IPO Market Lot

The Cell Point IPO minimum market lot is 1200 shares with a ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹120,000
Retail Maximum11200₹120,000
S-HNI Minimum22400₹240,000

Cell Point IPO Dates

The Cell Point IPO date is June 15 and the IPO close date is June 20. The IPO allotment date is June 23 and the IPO might list on June 29.

IPO Open Date:June 15, 2023
IPO Close Date:June 20, 2023
Basis of Allotment:June 23, 2023
Refunds:June 26, 2023
Credit to Demat Account:June 27, 2023
IPO Listing Date:June 29, 2023

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

Cell Point IPO Form

How to apply Cell Point IPO? You can apply Cell Point IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Cell Point IPO in the Invest section. The other option you can apply Cell Point IPO via IPO forms download via the NSE website. Check out the Cell Point forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Cell Point Company Financial Report

₹ in Crores
YearRevenueExpeBSEPAT
2020₹287₹276₹1.60
2021₹224₹222₹0.69
2022₹270₹268₹1.65
2023 9M₹222₹214₹5.81

Cell Point IPO Valuation – FY2022

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

Earning Per Share (EPS):₹14.47 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):12.32%
Net Asset Value (NAV):₹117.45 per Equity Share

Peer Group

  • Bhatia Communications & Retail (India) Ltd
  • Fone4 Communications (India) Ltd
  • Jay Jalaram Technologies Ltd

Company Promoters

  • Mr. Mohan Prasad Panday
  • Mr. Bala Balaji Panday

Cell Point IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Cell Point IPO Allotment Status

Check Cell Point IPO allotment status on Bigshare website URL. Click Here

Cell Point IPO Lead Managers aka Merchant Bankers

  • First Overseas Capital Limited

Company Address

Cell Point (India) Limited
Door No 30-15-139/F/5, 6 Ward No 27,
Ram’s Arcade, Opposite Visakha Medical Centre,
Dabagardens, Visakhapatnam 530020
Phone: +91 9000113897
Email: [email protected]
Website: https://cellpoint.biz/

Cell Point IPO FAQs


What is Cell Point IPO?

Cell Point IPO is an NSE SME IPO. They are going to raise ₹50.34 Crores via IPO. The issue is priced at ₹100 per equity share. The IPO is to be listed on NSE.

When Cell Point IPO will open?

The IPO is to open on June 15, 2023 for NII, and Retail Investors.

What is Cell Point IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Cell Point IPO?

You can apply Cell Point IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Cell Point IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Cell Point”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Cell Point IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Cell Point”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Cell Point IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Cell Point”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Cell Point IPO Size?

Cell Point IPO size is ₹50.34 crores.

What is Cell Point IPO Price Band?

Cell Point IPO Price Band is ₹100 per equity share.

What is Cell Point IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹120,000.

What is Cell Point IPO Allotment Date?

Cell Point IPO allotment date is June 23, 2023.

What is Cell Point IPO Listing Date?

Cell Point IPO listing date is June 29, 2023. The IPO to list on NSE SME.

Note: The Cell Point IPO details are announced officially. The IPO grey market premium (Cell Point IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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