{"id":16,"date":"2023-11-07T18:43:12","date_gmt":"2023-11-07T18:43:12","guid":{"rendered":"https:\/\/stockynote.com\/?p=16"},"modified":"2023-11-07T18:43:14","modified_gmt":"2023-11-07T18:43:14","slug":"cello-ipo","status":"publish","type":"post","link":"https:\/\/stockynote.com\/?p=16","title":{"rendered":"Cello IPO"},"content":{"rendered":"\n<p><strong>The Cello Story \u2013 India\u2019s Leading company in Consumer Houseware products<\/strong><\/p>\n\n\n\n<p>W<mark style=\"background-color:rgba(0, 0, 0, 0);color:#183f16\" class=\"has-inline-color\">e are a popular Indian consumer products company with presence in three product categories: consumer houseware, writing instruments and stationery, and moulded furniture and allied products. We are a leading company in the consumerware market in India with products in the glassware, opalware, melamine and porcelain categories, and are among the largest brand in the Indian consumerware market (Source: Technopak Report).\u00a0<\/mark><\/p>\n\n\n\n<p>The family of our Promoter, Pradeep Ghisulal Rathod, was associated with Cello Plastic Industrial Works and the \u201cCello\u201d brand since 1962. We have since diversified our product range and brand portfolio over the last six decades. Our six decades of experience in the consumer products industry has enabled us to better understand the preferences and needs of consumers in India.<\/p>\n\n\n\n<p><br><\/p>\n\n\n\n<p><strong>1982<\/strong> &#8211; Cello Plastic Industrial Works, commenced offering plastic houseware products under the \u201cCello\u201d brand<\/p>\n\n\n\n<p>Cello World Limited IPO is a book built issue of Rs 1,900.00 crores. The issue is entirely an offer for sale of 2.93 crore shares.\u00a0<\/p>\n\n\n\n<div class=\"wp-block-cover is-light is-layout-flow wp-block-cover-is-layout-flow\" style=\"min-height:291px\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim\"><\/span><img decoding=\"async\" loading=\"lazy\" width=\"225\" height=\"225\" class=\"wp-block-cover__image-background wp-image-17\" alt=\"Cello ipo\" src=\"http:\/\/stockynote.com\/wp-content\/uploads\/2023\/11\/IMG_0005.png\" data-object-fit=\"cover\" srcset=\"https:\/\/stockynote.com\/wp-content\/uploads\/2023\/11\/IMG_0005.png 225w, https:\/\/stockynote.com\/wp-content\/uploads\/2023\/11\/IMG_0005-150x150.png 150w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><div class=\"wp-block-cover__inner-container\"><\/div><\/div>\n\n\n\n<p>Cello World Limited IPO bidding started from October 30, 2023 and ended on November 1, 2023. The allotment for Cello World Limited IPO was finalized on Monday, November 6, 2023. The shares got listed on BSE, NSE on November 6, 2023.&nbsp;<\/p>\n\n\n\n<p>Cello World Limited IPO price band is set at \u20b9617 to \u20b9648 per share. The minimum lot size for an application is 23 Shares. The minimum amount of investment required by retail investors is \u20b914,904. The minimum lot size investment for sNII is 14 lots (322 shares), amounting to \u20b9208,656, and for bNII, it is 68 lots (1,564 shares), amounting to \u20b91,013,472.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cello World Ltd Stock Quote &amp; Charts<\/h2>\n\n\n\n<p>\u20b9799.15<br>7.45 (0.94%)<\/p>\n\n\n\n<ul>\n<li><strong>Open<\/strong>: \u20b9791.30<\/li>\n\n\n\n<li><strong>High &#8211; Low<\/strong>: \u20b9815.60 &#8211; \u20b9772.00<\/li>\n\n\n\n<li><strong>Previous Close<\/strong>: \u20b9791.70<\/li>\n\n\n\n<li><strong>Total Traded Value<\/strong>: 42,04,640<\/li>\n\n\n\n<li><strong>52 Weeks High<\/strong>: \u20b9834.70 (Nov 06, 2023)<\/li>\n\n\n\n<li><strong>52 Weeks Low<\/strong>: \u20b9769.50 (Nov 07, 2023)<\/li>\n\n\n\n<li><strong>Updated On<\/strong>: Nov 07, 2023 4:00 PM<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">P\/E ratio<\/h2>\n\n\n\n<p>What is the current P\/E ratio of Cello World Ltd? The P\/E ratio of Cello World Ltd is\u00a0<strong>63.56 times<\/strong>\u00a0as on 07-Nov-2023, a 0.59% premium to its peers&#8217; median range of 39.95 times.<\/p>\n\n\n\n<p><strong>Company balance sheet<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/in.investing.com\/equities\/cello-group-plc-balance-sheet\">https:\/\/in.investing.com\/equities\/cello-group-plc-balance-sheet <\/a><\/p>\n\n\n\n<p>D<strong>eloitte Study on Cello IPO<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/corporate.celloworld.com\/uploads\/6953FY-2022-23-Cello-World-P-Ltd-Annual-Report.pdf\">https:\/\/corporate.celloworld.com\/uploads\/6953FY-2022-23-Cello-World-P-Ltd-Annual-Report.pdf<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" width=\"225\" height=\"225\" src=\"http:\/\/stockynote.com\/wp-content\/uploads\/2023\/11\/IMG_0005.png\" alt=\"Cello ipo\" class=\"wp-image-17\" srcset=\"https:\/\/stockynote.com\/wp-content\/uploads\/2023\/11\/IMG_0005.png 225w, https:\/\/stockynote.com\/wp-content\/uploads\/2023\/11\/IMG_0005-150x150.png 150w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><figcaption class=\"wp-element-caption\">Cello ipo<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Cello Story \u2013 India\u2019s Leading company in Consumer Houseware products We are a popular Indian consumer products company with presence in three product categories: consumer houseware, writing instruments and stationery, and moulded furniture and allied products. We are a leading company in the consumerware market in India with products in the glassware, opalware, melamine&hellip; <a class=\"more-link\" href=\"https:\/\/stockynote.com\/?p=16\">Continue reading <span class=\"screen-reader-text\">Cello IPO<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/stockynote.com\/index.php?rest_route=\/wp\/v2\/posts\/16"}],"collection":[{"href":"https:\/\/stockynote.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockynote.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockynote.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stockynote.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16"}],"version-history":[{"count":1,"href":"https:\/\/stockynote.com\/index.php?rest_route=\/wp\/v2\/posts\/16\/revisions"}],"predecessor-version":[{"id":18,"href":"https:\/\/stockynote.com\/index.php?rest_route=\/wp\/v2\/posts\/16\/revisions\/18"}],"wp:attachment":[{"href":"https:\/\/stockynote.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockynote.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockynote.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}