Cello IPO GMP: Cello World Limited IPO GMP Price Today

Cello IPO GMP: Cello World Limited, a prominent Indian consumer goods company, is all set to launch its mainline IPO on India’s leading stock exchanges, NSE and BSE. With an Offer for Sale (OFS) size of Rs 1,900 crores, the IPO is generating significant interest from investors and the public. In this blog, we will delve into the Cello World Limited IPO Grey Market Premium (GMP), key IPO dates, and an overview of the company.

Cello World Limited IPO GMP

Cello World IPO GMP today or grey market premium is +₹160. Here’s a Cello IPO GMP table to track the daily changes: [Last Updated: 06-Nov-2023; 07:31]

"Exciting news! Stockesta is now on WhatsApp and Telegram Channels 🚀 Subscribe today | Stay updated with the latest IPO insights!" Follow on Whatsapp! and Join Telegram!

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing Price
06-11-2023₹648₹1602800/39200₹808 (24.69%)
05-11-2023₹648₹1602800/39200₹808 (24.69%)
04-11-2023₹648₹1602800/39200₹808 (24.69%)
03-11-2023₹648₹1602800/39200₹808 (24.69%)
02-11-2023₹648₹1602800/39200₹808 (24.69%)
01-11-2023₹648₹1602800/39200₹808 (24.69%)
31-10-2023₹648₹1312300/32200₹779 (20.22%)
30-10-2023₹648₹1322300/32200₹780 (20.37%)
29-10-2023₹648₹1202100/29400₹768 (18.52%)
28-10-2023₹648₹1202100/29400₹768 (18.52%)
27-10-2023₹648₹1212100/29400₹769 (18.67%)
26-10-2023₹648₹901600/22400₹738 (13.89%)
25-10-2023₹648₹841500/21000₹732 (12.96%)
24-10-2023₹648₹951700/23800₹743 (14.66%)
23-10-2023₹0₹ (0%)

The GMP value indicates whether the IPO is expected to debut at a premium or discount, but it’s important to remember that GMP is highly volatile and speculative, making investment decisions based solely on it risky. As such, potential investors should carefully consider all factors before deciding to invest in the Cello World Limited IPO.

Grey Market Premium

The Grey Market Premium (GMP) for the Cello World Limited IPO is a crucial indicator of the market’s sentiment towards the upcoming offering. It represents the unofficial, unregulated market where IPO shares are traded before their official listing. Investors pay close attention to GMP as it can provide insights into the potential listing performance.

Cello World Limited IPO Dates

To ensure you stay updated on the Cello World Limited IPO, here are the important dates related to the offering:

  • IPO Open Date: 30-10-2023
  • IPO Close Date: 01-11-2023
  • Basis of Allotment Finalization Date: 06-11-2023
  • Refunds Initiation: 07-11-2023
  • Credit of Shares to Demat Account: 08-11-2023
  • IPO Listing Date: 09-11-2023

These dates are subject to change and will be updated as they are officially announced.

About Cello World Limited

Cello World Limited, established in July 2018, is a well-known Indian consumer goods company. The company has achieved recognition as a leader in the Indian consumer goods market, operating in various product categories including household goods, stationery and writing instruments, and moulded furniture and related products. It ranks as one of the largest brands in the Indian consumer goods sector.

Key Points about Cello World Limited:

  • Diverse Product Range: Cello World Limited’s production capabilities enable them to manufacture a wide range of products in-house, with in-house production accounting for a significant portion of their total sales. The company also partners with third-party suppliers for certain products like steel and glassware.
  • Economies of Scale: The company’s scale of production and efficient supply chain management allows them to capitalize on economies of scale, enhancing their business model’s efficiency.
  • Quality and Compliance: Cello World Limited places a strong emphasis on maintaining high-quality standards and good manufacturing practices in their production processes.
  • Nationwide Distribution Network: The company boasts a robust and widespread distribution network across India, ensuring their products reach consumers far and wide.

In conclusion, the Cello World Limited IPO presents an exciting opportunity for investors to be part of a leading player in the Indian consumer goods market. However, it’s essential to perform thorough research and due diligence before making any investment decisions, considering not only the IPO GMP but also the company’s financials, growth prospects, and market conditions. Stay tuned for further updates on this promising IPO!

"Exciting news! Stockesta is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest IPO insights!" Click here!

👉 IPO GMP || IPO News || IPO Details || IPO Review || Join Whatsapp Channel and read news related to IPO on Stockesta.com.
Disclaimer: The information provided on this website is for informational purposes only and should not be construed as financial or investment advice. Users are advised to do their own research and consult a qualified financial advisor before making any investment decisions.
What is an IPO?- Why Companies Go Public