✓
Open
15 Sep 2023
✓
Close
20 Sep 2023
3
Allotment
—
✓
Listing
Thu, Sep 28, 2023
Price Band
₹87 to ₹92
Issue Size
55,18,800 shares (agg. up to ₹51 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Sep 28, 2023
Latest GMP
₹50
Est. Gain
54.35%
✦ AI Insight
GMP Trend
28-09-2023₹50Est. ₹142+54.35%
27-09-2023₹50Est. ₹142+54.35%
26-09-2023₹50Est. ₹142+54.35%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 80.64x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 70.03 | 23.67 | 0.10 |
| Total Income | 264.37 | 121.29 | 0.00 |
| Profit After Tax | 7.97 | 2.14 | -0.02 |
| NET Worth | 13.81 | 2.21 | 0.08 |
| Reserves and Surplus | 13.70 | 2.11 | -0.02 |
| Total Borrowing | 20.84 | 1.22 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kundan Edifice Ltd. | SME | ₹25.23 Cr | ₹91 | 13.3 | ₹78.75 | -13.46% | ₹75.20 (-5.29%) |
| Comrade Appliances Ltd. | SME | ₹12.30 Cr | ₹54 | 17.14 | ₹91.35 | +69.17% | ₹31.72 (+5.00%) |
| Arham Technologies Ltd. | SME | ₹9.58 Cr | ₹42 | 13.82 | ₹63.00 | +50.00% | ₹136.20 (-0.95%) |
| IKIO Lighting Ltd. | Mainboard | ₹606.50 Cr | ₹285 | 32.13 | ₹403.85 | +41.70% | ₹212.79 (-0.90%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 40.00 |
| 2 | General Corporate Purposes | 5.02 |
About Cellecor Gadgets IPO
Incorporated in 2020, Cellecor Gadgets Limited is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearables, mobile accessories, smart watches, and neckbands. The company has three business verticals: Entertainment and Communication: Here, the company provides smart and conventional televisions that are fully outfitted with the GENZ Android operating system, and sound systems & sound bars. This category has 35 SKUs of televisions, 15 SKUs of sound systems and sound bars, and 70 SKUs of mobile phones. Peripherals: Here, the company provides True Wireless ("TWS") Earbuds, Neckbands, and Smart Watches. These categories have more than 145 SKUs. Modern Accessories: Here, the company provides power banks, data cables, USB chargers, quick chargers, and other items under this category, many Wireless and Standard Power banks, all types of high-strength data lines, and the necessary adapters or chargers for each. More than 40 SKUs fall into this category. Cellecor Gadgets has more than 1200 service centers, and more than 800 Distributors. Its products are also present at over 24,000 retail stores with more than 300 ranges of products and 100 millio
Contact Details
Cellecor Gadgets Ltd. AddressUnit No.703, 7th Floor, Jaksons Crown HeightsPlot No.3BI Twin District CentreSector 10 RohiniDelhi, New Delhi, 110085011 – 45038228cs@cellecor.inVisit Website