Discover key details about Cello World Limited IPO- the opening and closing dates, price band, lot size, and more.
Founded in 1967, Cello World, a renowned Indian consumer product company, excels in writing instruments, furniture, and housewares.
IPO Date: 30th Oct – 1st Nov 2023 Total Issue Size: Rs. 1,900 Crore Price Band: ₹617 - ₹648 per share Lot Size: 23 Shares in each lot Allotment Date: 6th November 2023 Listing Date: 9th November 2023 Minimum Investment: Rs 14,904
· Cello World, a market leader, boasts a strong brand and target audience presence. · Manages diverse products and optimal inventory levels. · Led by a skilled team with decades of experience, featuring a nationwide distribution network.
· Price fluctuations in raw materials (plastic) can disrupt operations and financials. · Dependency on distributors for India and overseas sales affects revenue.
· To achieve the benefits of listing to enhance the visibility and brand image. · The company will not receive any proceeds from the Offer.