Cellecor Gadgets SME IPO Subscription Status Day 1: The public issue was fully subscribed on Day 1 i.e. 15th September 2023. The offer will remain open till 20th September 2023. The finalisation of allotment of shares are expected to happen on 25th September 2023. The listing is likely to take place on 28th September 2023.
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Cellecor Gadgets is a 100% fresh IPO worth up to Rs 50.77 crore. The issue comprises 55,18,800 shares and is priced at Rs 87 to Rs 92 per share. Cellecor Gadgets’ IPO lot size is 1,200 shares.
Cellecor Gadgets IPO: 10 Points for investors
1 Issue Size: “Initial Public Offer of 55,18,800 Equity shares (Including Market Maker Portion of 2,76,000 equity shares and anchor allocation of 15,72,000 Equity shares)”
2 Issue Type: 100% Book Building
3 Price Range: Rs 87 to Rs 92
4 Bid Lot: “1,200 Equity Shares and in multiples thereof”
5 Maximum Subscription Amount for Retail Investor: “Rs. 2,00,000”
6 Maximum Bid Quantity for QIB Investors: “36,70,800 equity shares in multiple of 1200 Equity Shares (Calculated at Higher end of the Price Band)”
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7 Maximum Bid Quantity for NIB Investors: “26,22,000 equity shares in multiple of 1200 Equity Shares (Calculated at Higher end of the Price Band)”
8 Book Running Lead Managers: Narnolia Financial Services Limited
9 Name of the Registrar: Skyline Financial Services Private Limited
10 Sponsor Bank: Yes Bank Limited
Cellecor Gadgets IPO: Key Dates To Remember – For investors
Offer start date: 15th September 2023
Offer end date: 20th September 2023
Allotment date: 25th September 2023
Refund initiation: 26th September 2023
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Demat transfer date: 27th September 2023
Listing date: 28th September 2023
