IPO Issue Details
Issue Price / Price Band₹100 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size50,34,000 shares (aggregating up to ₹50.34 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 15 Jun 2023
Subscription CloseTue, 20 Jun 2023
Anchor AllotmentWed, 14 Jun 2023
Basis of AllotmentFri, 23 Jun 2023
Initiation of RefundsMon, 26 Jun 2023
Credit of Shares to DematTue, 27 Jun 2023
Listing DateWed, 28 Jun 2023
UPI Mandate Deadline2023-06-20
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,200 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 2,400 shares
EPS (Pre-IPO)₹11.60
P/E Ratio (Pre-IPO)24.1x
Net Offer to Public47,82,000 shares (aggregating up to ₹47.82 Cr)
Reserved for Market Maker2,52,000 shares (aggregating up to ₹2.52 Cr)
Pre-IPO Promoter Holding1,36,51,600 shares
Post-IPO Promoter Holding1,86,85,600 shares
About Cell Point (India) Ltd
Incorporated in 2001, Cell Point (India) Limited is engaged in multi-brand retail selling of Smart Phones, tablets, mobile accessories, and mobile-related products and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Redmi, and Oneplus.The company is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs of various brands such as Xiaomi, Realme, and One Plus.The company has over 75 stores across the state of Andhra Pradesh. Out of the 75 stores, 2 stores are owned properties and 73 stores are on leased properties.
Objects of the Issue
Cell Point (India) Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment of certain borrowings;
16.86
2
Repayment of certain borrowings Repairs and Renovation of existing retail stores & setting of new retail stores;;
12.00
3
To meet the Working Capital requirements;
10.00
4
General Corporate Expenses; and
10.68
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,36,51,600 shares
Post-IPO Promoter Holding
1,86,85,600 shares