Cello World IPO

Cello World Limited

₹14,191 /23 sharesMinimum Investment

Cello World IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
30 Oct ‘23 - 1 Nov ‘23₹14,19123₹617 - ₹648
Issue SizeIPO Doc
1900.00Cr
RHP PDF

Subscription rate

Qualified Institutional Buyers108.57x
Non-Institutional Investor24.42x
Retail Individual Investor3.06x
Employees2.60x
Total38.90x

About Cello World

Cello World, established in 2018, has a strong connection with the 'Cello' brand dating back to 1962 through its promoters, Pradeep Ghisulal Rathod and Pankaj Ghisulal Rathod, whose father, Late Ghisulal Dhanraj Rathod, was associated with Cello Plastic Industrial Works ("CPIW"). Cello World now offers a wide range of contemporary products across various categories, materials, and price points to meet diverse consumer requirements. Cello World specializes in trading houseware, insulated ware, electronic appliances, and cleaning aids products. While the majority of the products are manufactured by their subsidiaries, some are produced by third-party manufacturers. Additionally, certain subsidiaries sell their products directly, while others distribute them through Cello World. ;
Founded in
2018
Managing director
Mr. Pradeep Ghisulal Rathod
Parent organisation
Cello World Limited
Cello World Limited IPO
https://www.youtube.com/watch?v=a1ywuSXaFfw

Strengths & Financials of Cello World

Strengths
Risks
Cello World was recognized in 2021 as one of India's trusted brands by Commerzify. They specialize in consumer houseware, writing instruments, stationery, and molded furniture.
With 13 manufacturing facilities located across India, as of June 30, 2023, they're expanding with a new glassware facility in Rajasthan.
Offering 15,891 different product variants within their three main categories as of the same date, Cello World serves a diverse customer base, catering to various preferences and budgets.
In recent years, they've introduced numerous new products, with 397, 169, and 380 in 2021, 2022, and 2023, and 55 and 50 in the first three months of June 2022 and June 2023, respectively.
Their product range spans materials like plastic, steel, opal, glass, copper, and melamine.
Cello World recorded revenue growth, increasing from Rs. 1049.5 crore in 2021 to Rs. 1359.2 crore in 2022 and Rs. 1796.7 crore in 2023.

Cello World Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Cello World IPO

Apply asPrice bandApply upto
Regular617 - 648₹2 Lakh
Employee556 - 587₹2 Lakh
High Networth Individual617 - 648₹2 - 5 Lakh
For Cello World IPO, eligible investors can apply as Regular & Employee.
ⓒ 2016-2025 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.6.5
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW