iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Cello World's Rs 1900 Crore IPO Subscribed 38.9 Times; Allotment Announcement on November 6

2 Nov 2023 , 09:01 AM

Cello World, a renowned Indian consumer product company, wrapped up its Rs 1900 crore Initial Public Offering (IPO) on November 1, witnessing an overwhelming response. The IPO received bids for 85.83 crore equity shares, significantly surpassing the 2.2 crore equity shares available for subscription, marking a 38.9 times oversubscription.

According to the IPO schedule, share allotment details will be announced on November 6. Interested investors who applied for shares can check the allotment status on the BSE website or through the IPO’s registrar, Link Intime India Pvt Ltd. They will need to provide their application number and PAN details to access the allotment status.

The IPO received substantial interest from various investor segments. Qualified institutional buyers, with a 50% reservation in the offer, showcased robust support by bidding 108.57 times the allotted quota. High net-worth individuals, allocated 15% of the net offer, subscribed to their portion 24.42 times.

Retail investors bid 3.06 times the reserved portion, accounting for 35% of the net issue, while employees exhibited strong interest by buying 2.60 times their quota. 

Related Tags

  • Cello World Limited IPO
  • Cello World Limited IPO details
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

SBI Card Q4 Profit Slips 20%
25 Apr 2025|11:17 PM
HUL Q4 Net Profit Rises to ₹2,493 Crore
25 Apr 2025|10:59 PM
Sensex and Nifty in Red on April 25, 2025
25 Apr 2025|02:08 PM
Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.