Cello World Limited IPO is a book built issue of Rs 1,900.00 crores. The issue is entirely an offer for sale of 2.93 crore shares.

Cello World Limited IPO opens for subscription on October 30, 2023 and closes on November 1, 2023. The allotment for the Cello World Limited IPO is expected to be finalized on Monday, November 6, 2023. Cello World Limited IPO will list on BSE, NSE with tentative listing date fixed as Thursday, November 9, 2023.

Cello World Limited IPO price band is set at ₹617 to ₹648 per share. The minimum lot size for an application is 23 Shares. The minimum amount of investment required by retail investors is ₹14,904. The minimum lot size investment for sNII is 14 lots (322 shares), amounting to ₹208,656, and for bNII, it is 68 lots (1,564 shares), amounting to ₹1,013,472.

For year/ period ended ( in Cr.)

• Well-established brand name and strong market positions;
• Diversified product portfolio across price points catering to diverse consumer requirements;
• Track record of scaling up new businesses and product categories;
• Pan-India distribution network with a presence across multiple channels;
• Ability to manufacture a diverse range of products and maintain optimal inventory levels;
• Skilled and experienced management team; and
• Strong historical financial results.

• The company will not receive any proceeds from the Offer.

The company is having two household brands like “Cello” and “Unomax”. It has also marked steady growth in its top and bottom lines for the reported periods. Only well-informed investors may park moderate funds for medium to long term.