IPO Synopsis

Cellecor Gadgets Ltd
Registered Office: # 703 7th Flr Jaksons Crown-,Heights # 3BI Twin D Cen Se 10,Delhi-110085, Delhi
Tel. No: 011-45038228
Fax No:
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-2023 20-Sep-2023 ₹92.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of :1200
(₹ 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 92.00
Projects
Working capital requirement
General corporate purposes
Promoted By
Ravi Agarwal
Nikhil Aggarwal
Listing At
NSE - SME
Registrar To The Issue