Cello World share price debuts at 28% premium at ₹829 on NSE
₹829 per share, 27.9% higher than the issue price of ₹648, and on the BSE, Cello World share price today was listed at ₹831. Cello World IPO opened for subscription on Monday, October 30 and closed on Wednesday, November 1.
On the last day of bidding, the Cello World IPO was subscribed 38.90 times, with the lead subscription coming from Non Institutional Investors (NIIS) and Qualified Institutional Buyers (QIBs). At a price band of ₹617-648, the issue got bids of 85,83,10,665 shares against the offered 2,20,61,947 equity shares, according to the data available on the stock exchanges.
While the retail portion was subscribed 3.06 times, the QIBs and NIIs section was subscribed 108.57 times and 24.42 times, respectively. Employee portion was subscribed 2.60 times.
Also Read: Cello World IPO listing date today. GMP, experts predict strong debut of shares On day 2, Cell World IPO was subscribed 1.44 times, and on day 1, the issue was subscribed 38%.
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