Cello World IPO
Consumer Housewares / Writing Instruments - Listed on 06 November 2023
Cello World IPO listing summary
Cello World (Consumer Housewares / Writing Instruments) closed its IPO window in 2023 and listed on NSE and BSE on 06 November 2023 at an upper band issue price of Rs 648, opening at Rs 829 for a listing gain of +27.9% and closing day one at Rs 791.7 (+22.2% on closing basis). The IPO was subscribed 38.90x overall - QIB 108.57x, HNI/NII 24.42x, Retail 3.06x. The total issue size was Rs 1,900 Cr (Fresh Issue Rs 0 Cr, OFS Rs 1900 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Cello World IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 100 | +15.43% |
| Day 2 | Rs 100 | +15.43% |
| Day 3 | Rs 120 | +18.52% |
| Day 4 | Rs 130 | +20.06% |
| Day 5 | Rs 130 | +20.06% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Cello World IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Cello World IPO - FAQs
What was the listing gain of Cello World IPO?
Cello World IPO listed at +27.9% versus the upper issue price of Rs 648 on 06 November 2023.
How many times was Cello World IPO subscribed?
Cello World IPO was subscribed 38.90x overall. QIB portion was subscribed 108.57x, HNI / NII 24.42x and Retail 3.06x.
What was the IPO GMP for Cello World?
IPO GMP started at Rs 100 on Day 1 and moved to Rs 130 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.