Cello World IPO open for subscription: GMP, issue details, price band, risks, 10 key things to know before investing
₹567 crore from anchor investors on Friday, October 27. Cello World primarily deals in three categories such as stationery and writing instruments, moulded furniture, consumer housewares, and associated goods.
Cello was founded by the late Ghisulal Dhanraj Rathod, formerly promoter and father of two current promoters, Pradeep Ghisulal Rathod and Pankaj Ghisulal Rathod. Also Read: Cello World IPO opens on October 30, price band set at ₹617-648 per share Cello World IPO's floor price is 123.40 times the face value of the equity shares and the cap price is 129.60 times the face value of the equity shares.
The price/earnings ratio based on diluted EPS for fiscal 2023 at the floor price is 46.85 times and the cap price is 49.20 times. "Exciting news! Mint is now on WhatsApp Channels
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