Cello World IPO allotment – how to check allotment, GMP, listing date and more

• Cello World is expected to announce its share allotment status today, November 3.
• The shares of Cello World were subscribed 41.69 times.
• The shares are expected to be listed on the stock exchanges on November 3.

Mumbai-based Cello World, a consumer product company which deals in stationery, consumer housewares, furniture and more is expected to announce the allotment status of its initial public offering (IPO) today, that is November 3.

The Cello World IPO opened on October 30 and closed on November 1. The price band for the IPO was ₹617 to ₹648 per share.

Robust subscription

On the last day, the Cello World IPO was subscribed 41.69 times, receiving bids for 85.83 crore equity shares against 2.21 crore shares on offer.

While the qualified institutional buyer portion was subscribed 122.20 times, the non-institutional investors portion was subscribed 25.65 times. The retail portion also witnessed good participation and was subscribed 3.21 times.

Grey market premium

The shares of Cello World are currently commanding a grey market premium (GMP) of ₹160 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Cello World IPO allotment status, visit the registrar’s website here.
• Click on ‘Select Company’ and then select ‘Cello World’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Now, enter the captcha.
• Click on submit.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Cello World IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘Cello World’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.
• You will be able to see the number of shares allotted to you.
• You can click here and log in to check your allotment status on NSE.

Cello World IPO listing date

The shares of Cello World will be listed on the stock exchanges on November 3.

SEE ALSO:

Smartphone shipments: Apple gains 34% market share in India as Samsung, Xiaomi decline

India’s electric two-wheelers up and running after reduced FAME subsidy bump

Mercedes-Benz GLE Facelift – Here’s what the luxury SUV packs at ₹96.4 lakh