The Cello World Limited IPO is a book-built offering worth Rs 1,900.00 crores. The offering consists wholly of 2.93 crore shares for sale.
Cello World Limited’s initial public offering (IPO) begins on October 30, 2023 and concludes on November 1, 2023. The Cello World Limited IPO allotment is expected to be completed on Monday, November 6, 2023. Cello World Limited’s initial public offering (IPO) will be listed on the BSE and NSE on Thursday, November 9, 2023.
The IPO price range for Cello World Limited is 617 to 648 per share. An application requires a minimum lot size of 23 Shares. Retail investors must make a minimum investment of $14,904. The minimum lot size investment in sNII is 14 lots (322 shares), amounting to 208,656, while the minimum lot size investment in bNII is 68 lots (1,564 shares), amounting to 1,013,472.
Cello World Limited IPO Details
| IPO Date | October 30, 2023 to November 1, 2023 |
| Listing Date | [.] |
| Face Value | Rs 5 per share |
| Price Band | Rs 617 to Rs 648 per share |
| Lot Size | 23 Shares |
| Total Issue Size | 29,320,987 shares (aggregating up to Rs 1,900.00 Cr) |
| Offer for Sale | 29,320,987 shares of Rs 5 (aggregating up to Rs 1,900.00 Cr) |
| Employee Discount | Rs 61 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 195,000,000 |
| Share holding post issue | 212,231,034 |
Cello World Limited IPO Timeline
| IPO Open Date | Monday, October 30, 2023 |
| IPO Close Date | Wednesday, November 1, 2023 |
| Basis of Allotment | Monday, November 6, 2023 |
| Initiation of Refunds | Tuesday, November 7, 2023 |
| Credit of Shares to Demat | Wednesday, November 8, 2023 |
| Listing Date | Thursday, November 9, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 1, 2023 |
Cello World Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 23 | Rs 14,904 |
| Retail (Max) | 13 | 299 | Rs 193,752 |
| S-HNI (Min) | 14 | 322 | Rs 208,656 |
| S-HNI (Max) | 67 | 1,541 | Rs 998,568 |
| B-HNI (Min) | 68 | 1,564 | Rs 1,013,472 |
