The IPO of Cello World Limited, valued at Rs 1,900.00 crores, was a book-built issue comprising 2.93 crore shares offered solely for sale. Bidding for the IPO commenced on October 30, 2023, concluding on November 1, 2023. Allocation of shares for the Cello World Limited IPO was determined on Thursday, November 2, 2023. Subsequently, the shares were listed on both the BSE and NSE on November 6, 2023
The IPO price range for Cello World Limited is established between ₹617 and ₹648 per share. Retail investors need to invest a minimum of ₹14,904, with a minimum lot size of 23 shares per application. Substantial Non-Institutional Investors (sNII) are required to invest a minimum of ₹208,656 for 14 lots (322 shares), while Big Non-Institutional Investors (bNII) must invest at least ₹1,013,472 for 68 lots (1,564 shares). The offering comprises a reservation of up to 170,357 shares for employees, with a discount of Rs 61 from the issue price.
Kotak Mahindra Capital Company Limited, ICICI Securities Limited, IIFL Securities Ltd, JM Financial Limited, and Motilal Oswal Investment Advisors Limited serve as the book running lead managers for the Cello World Limited IPO, with Link Intime India Private Ltd appointed as the registrar for the offering.
Link for RHP: RHP
Link for DRHP: DRHP
The offer is completely “offer for sale”.
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
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