Cellecor Gadgets Limited IPO

Cellecor Gadgets Limited IPO Review, Date, Price, GMP

Cellecor Gadgets Limited Incorporated in 2020 is a firm that specializes in the procurement, branding, and distribution of consumer electronics such as televisions, mobile phones, Smart Wearables, mobile accessories, smartwatches, and neckbands. The company sells its products under the flagship brand “CELLECOR,” with the main purpose of making high-quality electronics affordable to everyone.

Cellecor Gadgets Limited has built a considerable presence in India over the years, with a network of 1200+ service centers, 800+ distributors, and product availability in over 24,000+ retail locations. They have a diverse product portfolio of over 300+ goods and serve over 100 million users in India through both online and offline dealer networks.

Categorizing its business verticals, Cellecor Gadgets Limited operates in the following key segments:

  1. Entertainment and Communication: Within this category, the company focuses on offering 35 SKUs of televisions, 15 SKUs of sound systems and soundbars, and 70 SKUs of mobile phones. The company’s Goal is to cater to every individual preferences by providing a huge range of smart and conventional televisions fully equipped with the GENZ Android operating system. Cellecor Gadgets Limited also offers sound systems and soundbars to provide a home theater-like experience.
  2. Peripherals: This segment centers on True Wireless (“TWS”) Earbuds, Neckbands, and Smartwatches. Cellecor Gadgets Limited also offers smartwatches to the young generation at reasonable prices with features like the latest processors, operating systems, and technology which helps them monitor their health progress. This category includes a huge range of more than 145 SKUs.
  3. Modern Accessories: Essential Accessories like power banks, data cables, USB chargers, fast chargers, and more are offered under this category. The company’s product portfolio has both wireless and standard power banks,high-strength data cables, and the required adapters or chargers. More than 40 SKUs fall under this category.

Cellecor Gadgets Limited is led by its promoter, Ravi Agarwal, who possesses over 12 years of direct business experience and extensive knowledge of the Indian electronics industry. He initiated the business as a sole proprietorship in 2010 and subsequently transformed it into a company. Ravi Agarwal’s leadership helped the company a Lot and turned the company from a distributor to a brand. He actively participates in business main decisions such as strategy development, product marketing, team management, channel knowledge, and competitor analysis.

Cellecor Gadgets Limited IPO Complete Details:

Cellecor Gadgets Limited IPO DETAILS

Cellecor Gadgets Limited IPO Timetable:

Cellecor Gadgets Limited IPO DATE

Company Financial Details:

Cellecor Gadgets Limited IPO FINANCIAL DETAILS

AS OF NOW, the GMP OF Cellecor Gadgets Limited is Around 50 Rs.

Objects Of Issue:

  • Working Capital Needs.
  • Funding for Corporate Purposes.
  • Costs Associated with the Issue.

Promoters and Group:

1. Mr. Ravi Agarwal:

  • Age:38 years
  • Entrepreneurial Background: He is a 1st Generation Entrepreneur.
  • Professional Experience: Ravi has more than 12 years of experience in the Telecom sector.
  • Role in Unity Communication: He founded Unity Communication in 2010 with the mission of making high-quality gadgets available to consumers at affordable prices.

2. Mr. Nikhil Aggarwal:

  • Age:32 years
  • Entrepreneurial Background: He is also a 1st Generation Entrepreneur.
  • Professional Experience: Nikhil has over 10 years of experience as a Marketing Leader.
  • Marketing Expertise: He is skilled in leading marketing teams, creating and executing original marketing campaigns, and building brand presence through market research and consumer campaigns.
  • Goals: Nikhil joined Unity Communication in 2016 with the aim of establishing a One Stop Solution Brand. He envisions achieving this by creating a robust distribution and service channel across India.

FAQs:

When Cellecor Gadgets Limited’s IPO is Opening?

Cellecor Gadgets Limited IPO is Opening on 15 September 2023(Friday).

When Cellecor Gadgets Limited IPO is Closing?

Cellecor Gadgets Limited IPO is Closing on 20 September 2023(Wednesday).

What is the IPO Issue Size of Cellecor Gadgets Limited?

The IPO Issue Size of Cellecor Gadgets Limited is 50.77 Crore.

Price Band of Cellecor Gadgets Limited IPO?

The price Band of Cellecor Gadgets Limited IPO is 87 to 92 rupees per share.

What is the minimum investment for Cellecor Gadgets Limited IPO?

The minimum investment for Cellecor Gadgets Limited IPO is 110,400 Rupees.

Allotment Date of Cellecor Gadgets Limited IPO?

The Allotment of Cellecor Gadgets Limited IPO is on 25 September 2023(Monday).

Listing Date of Cellecor Gadgets Limited IPO?

The Listing Of Cellecor Gadgets Limited is Scheduled on 28 September 2023(Thursday).

One Should Apply Cellecor Gadgets Limited IPO or Not?

Will Update soon.

How to apply for Cellecor Gadgets Limited IPO through the Zerodha Application?

Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Cellecor Gadgets Limited IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Cellecor Gadgets Limited IPO through the Upstox Application?

Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Cellecor Gadgets Limited IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Cellecor Gadgets Limited IPO through Angel One Application?

Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Cellecor Gadgets Limited IPO from the list ——–> Click on Cellecor Gadgets Limited IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.

Who is Cellecor Gadgets Limited IPO’s Lead Manager?

Narnolia Financial Services Ltd is the Lead Manager of Cellecor Gadgets Limited IPO.

Where To Check the Allotment of Cellecor Gadgets Limited IPO?

The allotment status for the Cellecor Gadgets Limited IPO will be accessible on the Skyline Financial Services Private Ltd Website.

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