+919998510543
acml-logo
hamburger-icon

IPO

IPO Synopsis
Cell Point (India) Ltd
Registered Office: Door No. 30-15-139/F/5,6 Ward,No.27 Ram's Arcade Dabagardens , Visakhapatnam - 530020 , Andhra Pradesh , India.
Phone : 91-9000113897   Fax:
Email :  cs@cellpoint.biz  
Website :  www.cellpoint.biz
Initial public issue of 50,34,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Cell Point (India) Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 100.00/- per equity share (including a share premium of Rs. 90.00/- per equity share) ("Issue Price") aggregating to Rs. 50.34 crores ("The Issue"), out of which 2,52,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 100.00/- per equity share, aggregating to Rs. 2.52 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 47,82,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 100.00/- per equity share aggregating to Rs. 47.82 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 26.93 %and 25.56 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 100.00 is 10.00 time of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Jun-23 20-Jun-23 Rs100.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 49.54
First Overseas Capital Ltd
Project Financed through Current Offer 50.34  
Post Issue Equity Share Capital 18.69  
Issue Price Rs100.00  
 
Projects
Repayment of certain borrowingsTo meet the Working Capital Requirements
Repairs & Renovation of existing retail outlets & setting of new retail outletsGeneral Corporate Purposes
Promoted By
Mohan Prasad Panday
Bala Balaji Panday
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd