Cello World Limited IPO GMP

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