Cell Point (India) Ltd IPO
Price Range
₹100
-
Min. Quantity
1,200 Shares
Closes on
20 June 2023
-
Min. investment
₹1,20,000
Cell Point (India) Ltd IPO Timeline
| Event | Date |
|---|---|
| Cell Point (India) Ltd IPO Opening Date | 15 June 2023 |
| Cell Point (India) Ltd IPO Closing Date | 20 June 2023 |
| Basis of Allotment | 23 June 2023 |
| Initiation of Refunds | 26 June 2023 |
| Credit of Shares to Demat | 27 June 2023 |
| Cell Point (India) Ltd IPO Listing Date | 28 June 2023 |
Cell Point (India) Ltd IPO Details
| Cell Point (India) Ltd IPO Date | 15 June 2023 to 20 June 2023 |
| Cell Point (India) Ltd IPO Face Value | ₹10 per share |
| Cell Point (India) Ltd IPO Price | ₹100 to ₹0 per share |
| Cell Point (India) Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹50.34 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹50.34 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Mohan Prasad Panday, Bala Balaji Panday |
Cell Point (India) Ltd IPO Lot Size
The Cell Point (India) Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,20,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,20,000 |
| Maximum | 1 | 1,200 | ₹1,20,000 |
- Strengths
- Risks
- Opportunities
- -
Company Financials
Cell Point (India) Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 138.16 | 326.26 | 2.26 |
| 03-2024 | 134.12 | 322.9 | 1.69 |
| 03-2023 | 94.53 | 297.01 | 6.73 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment of certain borrowings
- Repairs & Renovation of existing retail outlets & setting of new retail outlets
- To meet the Working Capital Requirements
- General Corporate Purposes
Cell Point (India) Ltd IPO Promoter Holding
| Pre Issue Share Holding | 88.35% |
| Post Issue Share Holding | 64.54% |
Cell Point (India) Ltd IPO Subscription Status (Bidding Detail)
The Cell Point (India) Ltd IPO is subscribed 5.7619 times on 20 June 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 5.7619 |
Cell Point (India) Ltd IPO Prospectus
Cell Point (India) Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0O0001013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Door No. 30-15-139/F/5,6 WardNo.27 Ram's Arcade Dabagardens,Visakhapatnam-530020
Phone: 91-9000113897
Email: cs@cellpoint.biz
Website: www.cellpoint.biz
Cell Point (India) Ltd IPO Registrar
Cell Point (India) Ltd IPO Lead Manager(s)
- First Overseas Capital Ltd
How to Check the Allotment Status of Cell Point (India) Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Cell Point (India) Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Cell Point (India) Ltd IPO
Cell Point (India) Limited was formerly incorporated as 'Cell Point (India) Private Limited' on April 10, 2013 as a Private Company with Registrar of Companies, Andhra Pradesh. The Company was subsequently converted into a public Company vide fresh Certificate of Incorporation dated November 25, 2022. The Promoters started business as small mobile retailers in Vizag, Vishakhapatnam, Andhra Pradesh in 2001 and took over the running businesses of sole Proprietary Concerns of the Promoters, M/s. Cell Point and M/s. Mobile King as a going concern basis with all of their respective assets and liabilities.
FAQ
What is the issue size of Cell Point (India) Ltd IPO?
I have pre-applied for Cell Point (India) Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.