Cello World IPO: An Investment Symphony Awaits
October 30, 2023
Cello World
/ Investment
The Opening Act: IPO Details Cello World, a leading name in India’s consumerware sector, has orchestrated its Initial Public Offering (IPO) for subscription. This presents a unique opportunity for investors to tune into the growth story of a company that has been resonating in Indian homes for over six decades. Date : The IPO is open from October 30 to November 1, 2023. Price Band : The price band for the shares is set at ₹617 - ₹648. Market Lot : Investors can buy in lots of 23 shares. Application Amount : The application amount for one lot is ₹14,904. Size : The total size of the IPO is approximately ₹1900 Cr. Retail Portion : The retail portion is set at 35%. Retail Form : There are 4,43,597 retail forms available. HNI Small Form : There are 4,526 HNI small forms available. HNI Big Form : There are 9,063 HNI big forms available. Face Value : The face value of each share is ₹5. The Composition: About Cello World Established 60 years ago in Mumbai, Cello World ...