The Cell Point IPO has begun on 15 June 2023. It will close on 20 June 2023. The Total IPO Size is 50.34 Crore. The company set its IPO price is 100 Rs Per Share. Basically, There are two basic categories in Cell Point IPO Subscription 1) NII 2) Retail Individual Investors (RIIs).
Cell Point is established in 2001.
Cell Point is an engaged in multi-brand retail selling of Smart Phones, tablets, mobile accessories and mobile related products and allied accessories of various brands such as Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, GIONEE, VIVO etc
They are also engaged in retail selling of some of the consumer durable electronics goods, specifically, smart televisions of various brands such as Xiaomi, Realme and One Plus. All their products sold under one roof through the 75 retail store chain located all over the Andhra Pradesh.
Check :- Upcoming SME IPO 2023
Peers
| Name of the Company | EPS | PE | NAV | FV |
| Cell Point | 14.47 | 6.91 | 117.45 | 10 |
| Bhatia Communications | 15.92 | 0.42 | 37.81 | 1 |
| Fone4 Communications | 5.10 | 1.71 | 2.98 | 10 |
| Jay Jalaram Technologies Ltd | 176.5 | 7.36 | 8.21 | 10 |
Cell Point IPO Promotors
| Name of the Promoter | No. of Shares held | Average cost of Acquisition (in ₹ ) |
| Mr. Mohan Prasad Panday | 1,20,60,600 | 3.32 |
| Mr. Bala Balaji Panday | 15,89,400 | 3.24 |
| Total Pre Issue | 1,36,50,000 (99.99%) | |
Cell Point IPO Date, Details & Price Band
| IPO Opening Dates | 15 June 2023 |
| IPO Closing Dates | 20 June 2023 |
| Price Band | 100 Rs Per Share |
| Fresh issue | 50.34 Crore |
| Total IPO size | 50.34 Crore |
| Minimum bid (lot size) | 1200 Shares |
| Face Value | 10 INR Per Share |
| NII | 50% |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Cell Point IPO Market Lot
The Cell Point IPO minimum market lot is 1200 shares With 1,20,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1200 | 1,20,000 Rs |
| Maximum | 1 | 1200 | 1,20,000 Rs |
| S-HNI (Min) | 2 | 2400 | 2,40,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-21 | 6,530.63 | 22,356.02 | 69.11 |
| 31-Mar-22 | 8,270.46 | 27,004.43 | 164.63 |
| 31-Dec-22 | 9,064.19 | 22,167.60 | 580.96 |
Cell Point IPO GMP Grey Market Premium
Cell Point IPO GMP Grey market premium has been started today. Check Latest Cell Point IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Cell Point IPO Prospectus
| RHP | Download |
Cell Point IPO Reviews (Avoid)
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Cell Point IPO Form Download
Cell Point IPO is available on NSE Website as well as on our Portal. Please click here Cell Point IPO form Download.
Cell Point IPO Allotment Date & Details
| Allotment Date | 23 June 2023 |
| Initiation of refunds | 26 June 2023 |
| Transfer of shares to Demat accounts | 27 June 2023 |
| Listing Date | 29 June 2023 |
| Check Allotment Status | Click here |
Registrar of Cell Point IPO
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri
(East) Mumbai – 400093, Maharashtra, India.
Tel: +91 22 6263 8200 Facx: +91 22 6263 8299
Email: [email protected] Website: www.bigshareonline.com
Investor Grievance Email: [email protected]
Contact Person: Mr. Babu Rapheal C
SEBI Registration Number: MB/INR000001385
Cell Point Contact Details
Cell Point (India) Limited
Door No 30-15-139/F/5, 6 Ward No 27,
Ram’s Arcade, Opposite Visakha Medical Centre,
Dabagardens, Visakhapatnam 530020
Phone: +91 9000113897
Email: [email protected]
Website: https://cellpoint.biz/
Cell Point IPO Lead Managers
FIRST OVERSEAS CAPITAL LIMITED
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Tel No.: +91 22 4050 9999
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.focl.in
Contact Person: Rushabh Shroff/ Mala Soneji/ Shreya Jhawar
SEBI Registration No: INM000003671