Cell Point (India) Limited, established in 2001, operates in the multi-brand retail sector, specializing in the sale of Smart Phones, tablets, mobile accessories, and other mobile-related products from renowned manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Redmi, and Oneplus.
In addition to its mobile-focused offerings, the company also offers multi-brand retail sales of consumer durable electronics goods, including Smart TVs from popular brands such as Xiaomi, Realme, and One Plus.
Currently, Cell Point (India) Limited has an extensive presence in the state of Andhra Pradesh with a total of 75 stores. Among these stores, the company owns two properties, while the remaining 73 stores are located in leased premises.
Cell Point (india) Limited Stock Quote #
- Open: ₹47.40
- High – Low: ₹47.75 – ₹44.30
- Previous Close: ₹46.50
- Total Traded Value: 1,57,200
- Updated On: Jul 19, 2023 4:00 PM
Cell Point (India) IPO Details #
| IPO Date | Jun 15, 2023 to Jun 20, 2023 |
| Listing Date | Jun 28, 2023 |
| Face Value | ₹10 per share |
| Price | ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 5,034,000 shares (aggregating up to ₹50.34 Cr) |
| Fresh Issue | 5,034,000 shares (aggregating up to ₹50.34 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 13,651,600 |
| Share holding post issue | 18,685,600 |
| Market Maker portion | 252,000 shares Nnm Securities |
Cell Point (India) IPO Reservation #
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 252,000 (5.01%) |
| Other Shares Offered | 2,391,000 (47.50%) |
| Retail Shares Offered | 2,391,000 (47.50%) |
| Total Shares Offered | 5,034,000 (100%) |
Cell Point (India) IPO Timetable (Tentative) #
Cell Point (India) IPO opens on Jun 15, 2023, and closes on Jun 20, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Thursday, 15 June 2023 |
| Closing Date | Tuesday, 20 June 2023 |
| Basis of Allotment | Friday, 23 June 2023 |
| Initiation of Refunds | Monday, 26 June 2023 |
| Credit of Shares to Demat | Tuesday, 27 June 2023 |
| Listing Date | Wednesday, 28 June 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jun 20, 2023 |
Cell Point (India) IPO Lot Size #
The Cell Point (India) IPO lot size is 1200 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| HNI (Min) | 2 | 2,400 | ₹240,000 |
| Lot Size Calculator | |||
Cell Point (India) IPO Promoter Holding #
Mr. Mohan Prasad Panday and Mr. Bala Balaji Panday are the company promoters.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.06% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 5,585.12 | 27,811.89 | 159.97 | 1,102.20 | 988.44 |
| 31-Mar-21 | 6,530.63 | 22,356.02 | 69.11 | 1,171.31 | 1,057.55 |
| 31-Mar-22 | 8,270.46 | 27,004.43 | 164.63 | 1,335.94 | 1,222.18 |
| 31-Dec-22 | 9,064.19 | 22,167.60 | 580.96 | 1,916.94 | 551.78 |
| Amount in ₹ Lakhs | |||||
Key Performance Indicator #
| KPI | Values |
|---|---|
| P/E (x) | 24.1 |
| Market Cap (₹ Cr.) | 186.86 |
| EPS (Rs) | 11.6 |
| RoNW | 10.55% |
Objects of the Issue #
The company intends to utilize the proceeds from the net issue for the following objects:
- Repayment of certain borrowings;
- Repairs and Renovation of existing retail outlets & setting of new retail outlets;
- To meet the Working Capital requirements;
- General Corporate Expenses; and
- Issue Expenses
Cell Point (India) IPO Subscription Status (Bidding Detail) #
The Cell Point (India) IPO is subscribed 6.03 times on Jun 20, 2023 7:29:00 PM. The public issue subscribed 7.92 times in the retail category, times in the QIB category, and 4.11 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 4.11 |
| Retail | 7.92 |
| Total | 6.03 |
Total Application : 15,781 (7.92 times)
Cell Point (India) IPO Prospectus #
- Cell Point (India) IPO DRHP
- Cell Point (India) IPO RHP
Cell Point (India) IPO Listing Details #
| Listing Date | Jun 28, 2023 |
| BSE Script Code | |
| NSE Symbol | CELLPOINT |
| ISIN | INE0O0001013 |
| Final Issue Price | ₹100 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹100.00 |
| ₹100.00 |
| ₹95.00 |
| ₹100.00 |
| ₹95.00 |
Company Contact Information #
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: cs@cellpoint.biz
Website: https://cellpoint.biz/
Cell Point (India) IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Cell Point (India) IPO Lead Manager(s) #
Frequently Asked Questions (FAQs) #
What is Cell Point (India) Limited and its business? #
Cell Point (India) Limited is a company engaged in multi-brand retail selling of smartphones, tablets, mobile accessories, and related products. They also sell consumer durable electronics goods like smart televisions of various brands through their retail stores in Andhra Pradesh.
What is the IPO date and price of Cell Point (India)? #
The IPO of Cell Point (India) opened on June 15, 2023, and closed on June 20, 2023. The IPO price was set at ₹100 per share.
What is the lot size for the Cell Point (India) IPO? #
The lot size for the Cell Point (India) IPO is 1200 shares.
How can I apply for the Cell Point (India) IPO? #
Retail investors can apply for the Cell Point (India) IPO through the banks (using ASBA) or through a broker (using UPI).
What is the IPO subscription status of Cell Point (India)? #
As of the latest available data, the Cell Point (India) IPO was subscribed 6.03 times. Qualified Institutional Buyers (QIBs) subscribed 0 times, Non-Institutional Investors (NIIs) subscribed 4.11 times, and Retail Individual Investors (RIIs) subscribed 7.92 times.
When will the allotment and listing of Cell Point (India) IPO take place? #
The basis of allotment for the Cell Point (India) IPO is scheduled for June 23, 2023. Refunds will be initiated on June 26, 2023, and equity shares will be credited to demat accounts on June 27, 2023. The listing date is June 28, 2023.
What are the objectives of Cell Point (India) IPO? #
The company intends to utilize the proceeds from the IPO for repayment of certain borrowings, repairs and renovation of existing retail outlets, setting up new retail outlets, meeting working capital requirements, general corporate expenses, and issue expenses.
Please note that these FAQs are based on the available information, and for more specific details or any changes, it’s recommended to refer to the official sources or prospectus of the IPO.
