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IPO

IPO Synopsis
Cellecor Gadgets Ltd
Registered Office: # 703 7th Flr Jaksons Crown-,Heights # 3BI Twin D Cen Se 10 , Delhi - 110085 , Delhi , India.
Phone : 011-45038228   Fax:
Email :  cs@cellecor.in  
Website :  www.cellecor.com
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 Rs92.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 45.02
Narnolia Financial Services Ltd
Project Financed through Current Offer 50.77  
Post Issue Equity Share Capital 20.97  
Issue Price Rs92.00  
 
Projects
Working capital requirementGeneral corporate purposes
Promoted By
Ravi Agarwal
Nikhil Aggarwal
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt