Cello World Ltd. IPO

Cello World Limited is a leading Indian consumer products company with a presence in three product categories: consumer houseware, writing instruments and stationery, and moulded furniture and allied products. The company was founded in 1962 and is headquartered in Daman, India. Cello World Limited has a strong brand presence in India and exports its products to over 50 countries around the world. The company's products are known for their high quality, innovation, and competitive pricing.

RHP
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DRHP
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Open Date

2023-10-30

Close Date

2023-11-01

IPO Details

Check out the issue details for Cello World Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 648

Price Band

₹ 617 - 648

Issue Size

1900 Cr.

Issue Type

Book Built

Open

2023-10-30

Close

2023-11-01

Listingprice

₹ 829

ListingGain

27.93%

Listing Date

2023-11-06

CMP

₹ 928.5

Current Return

43.29%

Company Financials

You can get the following financial statements of Cello World Ltd. as of now.

Subscription Details

The details about the Cello World Limited IPO is as:

  • The issue size of the IPO is 1900 Cr.
  • The price band for Cello World Limited IPO is Rs 617 to Rs 648.
  • The shares of Cello World Limited IPO will list on  6th November 2023.
  • The latest tentative GMP of Cello World Limited IPO is Rs 160.
  • The shares of Cello World Limited IPO is subscribed 41.69 Times as of 1st November 2023. 

 

Cello World Limited IPO Valuation

The approx valuation of Cello World Limited IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 648
Existing Shares (Qty) 21.22 Cr
EPS (FY23) Rs 13.65
PE Ratio 47.47
Industry PE 45.47x

 

Cello World Limited IPO Issue Size

Cello World Limited IPO issue size is 1900 Cr. 

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 1900 Cr

  

Cello World Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 23 shares and a maximum of 13 lots of 299 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 23 14,904
 Maximum 13 299 1,93,752

 

Cello World Limited IPO share offer

The shares of Cello World Limited IPO is subscribed 41.69 Times as of 1st November 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 122.20 Times
Non-Institutional Minimum 15% 25.65 Times
Retail Individual Minimum 35% 3.21 Times
Retail Individual 170357 Shares 2.74 Times
Total   41.69 Times

 

Allotment Details

Find below the dates for Cello World Limited IPO:

Schedule Date
Basis of Allotment 3 November 2023
Refunds 3 November 2023
Credit to Demat Account 6 November 2023
IPO Listing Date 6 November 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023
Net Sales 523.32 627.08 907.57
Total Expenditure 454.47 574.75 855.84
Operating Profit 68.84 52.33 51.73
Other Income 6.32 1.19 2.23
Interest 0.25 0.31 0.55
Depreciation 0.22 0.7 1.66
Exceptional Items 0 0 0
Profit Before Tax 74.69 52.51 51.75
Provision for Tax 18.33 13.56 13.69
Net Profit 56.36 38.96 38.06
Adjusted EPS (Rs.) 0.29 0.2 0.2

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 0.01 0.01 97.5
Total Reserves 93.77 132.07 72.28
Borrowings 0 0 0
Other N/C liabilities 0.33 13.94 480.31
Current liabilities 180.22 209.1 235.54
Total Liabilities 274.33 355.12 885.63
Assets
Net Block 1.36 2.19 5.54
Capital WIP 0 0 0
Intangible WIP 0 2.76 4.78
Investments 0.96 1.96 333.11
Loans & Advances 0 15.23 0.53
Other N/C Assets 0 0.02 0.01
Current Assets 272 332.95 541.66
Total Assets 274.33 355.12 885.63
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023
Other Income 6.24 0.66
Profit Before Tax 23.47 19.87
Tax 5.77 5.13
Profit After Tax 17.7 14.74
Adjusted EPS (Rs) 0.91 0.69

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 78.06 0
Dec 2023 78.06 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023
Profit from operations 74.69 52.51 51.75
Adjustment 0.22 1.2 12.16
Changes in Assets & Liabilities -58.09 47.5 -79.77
Tax Paid -18.45 -16.61 -13.48
Operating Cash Flow -1.62 84.6 -29.34
Investing Cash Flow 15.33 -5.7 -450.96
Financing Cash Flow 0 -63.75 466.89
Net Cash Flow 13.71 15.16 -13.41
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