₹ 14904 / 23 shares
Retail Gain/Listing Gain
Cello World Limited is a prominent player in the consumer ware market in India, with a presence in consumer houseware, writing instruments and stationery, moulded furniture and allied products, along with consumer glassware categories (Technopak Report).
While Cello World was incorporated in 2018, it has a long branding history since 1962. Over the last 6 decades, the Cello brand has diversified its product range and brand portfolio, and has established a track record of scaling up new businesses and product categories.
The company’s writing instruments and stationery product category was launched in 2019 under the “Unomax” brand, and has the highest EBITDA margin for the Financial Years 2021, 2022 and 2023 (Source: Technopak Report).
The company also owns, leases and operates 13 manufacturing facilities across five locations in India, as of June 30, 2023. They are currently establishing a glassware manufacturing facility in Rajasthan. These manufacturing capabilities allow the company to continue manufacturing a diverse range of products in-house.
With that, let's take a look at the competitive strengths and risk factors for Cello World Limited:
Here are the key financials for Cello World Limited:
Particulars (in Rs. million)
How to apply for IPO through ASBA
The Cello World Limited IPO has an issue size of Rs. 1,900 crores. The IPO opens for subscription on 30th October and closes on 1st November 2023.
Link Intime India Private Limited is the registrar for this IPO.
Cello World Limited IPO lot size is 23 Shares, and the minimum amount required is ₹14,904.
Cello World IPO allotment date is 6 Nov, 2023. For Cello World IPO allotment status check, you can visit the website of the registrar of the IPO.