Cellecor Gadgets IPO opens today. GMP, price, other details in 10 points

livemint.com:

Cellecor Gadgets IPO: The initial public offering (IPO) of Cellecor Gadgets Ltd has opened today and it will remain open for bidders till 20th September 2023. The SME company has announced price band of the book build issue at ₹87 to ₹92 per equity share. The book build issue has been proposed for listing on NSE SME exchange and the company aims to raise ₹50.77 crore from its initial offer.

Shares of Cellecor Gadgets Limited are available for trade in grey market for last one week and in this period its premium has surged from ₹20 to ₹40 today. Meanwhile, the NSE SME issue has generated ₹14,46,24,000 from anchor investors. The IPO committee of the company issued 15,72,000 shares of the company at ₹92 apiece to anchor investors on Thursday.

Anchor investors of the NSE SME IPO inclides India Ahead Venture Trust, Founder Collective Fund, Meru Investment Fund PCC — Cekk I and AG Dynamics. 1] Cellecor Gadgets IPO GMP today: As per the market observers, shares of the company are available at a premium of ₹40 in grey market today. 2] Cellecor Gadgets IPO price: The SME company hasfixed price band of the public issue at ₹87 to ₹92 per equity share.

3] Cellecor Gadgets IPO date: The book build issue will open for bidders on 15th September 2023 i.e. on Friday next week and it will remain open for subscribers till 20th September 2023. 4] Cellecor Gadgets IPO size: The book build issue aims to raise ₹50.77 crore from its public offer.

5] Cellecor Gadgets IPO lot size: A bidder will be able to apply in lots and one lot of the issue will comprise 1200 company shares. 6] Cellecor Gadgets IPO investment limit: A bidder will be able to apply in lots and one lost comprises 1200 shares. This means, a retail investor will require ₹1,10,400