Cello World IPO: Check out 10 key things to know from RHP before investing
On day 1, Cello World IPO has been subscribed 38%. Cello World IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.
A discount of ₹61 per equity share is being offered to eligible employees bidding in the employee reserve portion. Also Read: Cello World IPO: Should you subscribe to it? Here's what 5 of top brokerages say Cello World IPO price band has been fixed in the range of ₹617 to ₹648 per equity share of face value of ₹5.
Cello World IPO is a complete offer for sale (OFS), where promoters and other shareholders will sell shares of ₹5 face value totalling ₹1,900 crore. The offer includes a reservation of up to ₹10 crore for subscription by eligible employees.
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