Cellecor Gadgets Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Cellecor Gadgets Ltd IPO

Registered Office: # 703 7th Flr Jaksons Crown-,Heights # 3BI Twin D Cen Se 10 , Delhi - 110085 , Delhi , India.
Phone : 011-45038228   Fax:
Email :  
Website :
Initial public offering of up to 55,18,800 equity shares of (Rs)10/- each ("Equity Shares") of Cellecor Gadgets Limited ("CGL" or the "Company") for cash at a price of (Rs)92/- per equity share (the "Issue Price"), aggregating to (Rs)50.77 crores ("The Issue").Out of the issue, 2,76,000 equity shares aggregating to (Rs)2.54 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 52,42,800 equity shares of face value of (Rs)10/- each at an issue price of (Rs)92/- per equity share aggregating to (Rs)48.24 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.32% and 25.00%, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Sep-23 20-Sep-23 (Rs)92.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 45.02
Narnolia Financial Services Ltd
Project Financed through Current Offer 50.77  
Post Issue Equity Share Capital 20.97  
Issue Price (Rs)92.00  
Working capital requirementGeneral corporate purposes
Promoted By
Ravi Agarwal  
Nikhil Aggarwal  
Listing At
Registrar to the Issue
Skyline Financial Services Pvt