Cell Point IPO Details ( Cell Point India Limited IPO Review )
(15 Jun 2023 – 20 Jun 2023)
Cell Point (India) Limited, established in 2001, specializes in the multi-brand retail of Smart Phones, tablets, mobile accessories, and related products. They offer an extensive range of renowned manufacturers such as Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Redmi, and Oneplus.
Additionally, the company participates in the multi-brand retail sector, offering a diverse range of consumer durable electronic products, including Smart TVs from renowned brands like Xiaomi, Realme, and One Plus.
Across the state of Andhra Pradesh, the company boasts a wide network of more than 75 stores. Within this extensive range, 2 stores are owned by the company itself, while the remaining 73 stores are situated on leased properties
Cell Point Limited IPO Competitive Strength
- Established brand name
- Experienced and Result Oriented Team
- Strategic Location Benefit
- Wide range of Products
- Good network of stores all over Andhra Pradesh which offers One-Stop Solution
- Training of work force and after sale services
- Well established and cordial relationship with Manufacturers
Cell Point IPO Financials Performance ( Results )
Cell Point Limited Financial Information ( Restated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 5,585.12 | 27,811.89 | 159.97 | 14.06 | 1,102.20 | 96.90 | 988.44 | 743.39 |
| 31-Mar-21 | 6,530.63 | 22,356.02 | 69.11 | 6.07 | 1,171.31 | 102.97 | 1,057.55 | 1491.99 |
| 31-Mar-22 | 8,270.46 | 27,004.43 | 164.63 | 14.47 | 1,335.94 | 117.45 | 1,222.18 | 2938.40 |
Objective of IPO Issue
- Repayment of certain borrowings
- Repairs and Renovation of existing retail outlets & setting of new retail outlets
- To meet the Working Capital requirements
- General Corporate Expenses
- Issue Expenses
Cell Point IPO Basic Details
| IPO Date | Jun 15, 2023 to Jun 20, 2023 |
| Listing Date | Thursday, June 29, 2023 |
| Face Value | ₹10 per share |
| Price | ₹100 per share |
| Lot Size | 1200 Shares |
| Issue Size | 5,034,000 shares (aggregating up to ₹50.34 Cr) |
| Fresh Issue | 5,034,000 shares (aggregating up to ₹50.34 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Mohan Prasad Panday And Mr. Bala Balaji Panday |
Cell Point IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Cell Point IPO Timetable
Cell Point IPO will open on June 15, 2023 and close on June 20, 2023. You can join Cell Point IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 15 June 2023 (Thursday) |
| Closing Date | 20 June 2023 (Tuesday) |
| Basis of Allotment | 23 June 2023 (Friday) |
| Initiation of Refunds | 26 June 2023 (Monday) |
| Credit of Shares to Demat | 27 June 2023 (Tuesday) |
| Listing Date | 29 June 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 20 June 2023 |
Cell Point IPO Lot Size
For retail investors in Cell Point IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| S-HNI (Min) | 2 | 2400 | ₹240,000 |
Cell Point IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.06% |
Cell Point IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹14.47 per Equity Share |
| Price/Earning P/E Ratio | 6.91 |
| Return on Net Worth (RoNW) | 12.32% |
| Net Asset Value (NAV) | ₹117.45 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | Coming Soon |
Cell Point Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 186.85 |
| P/E (x) | 6.91 |
| ROE (%) | 12.32 |
| ROCE (%) | 16.06 |
| Debt/Equity | 4.24 |
Cell Point Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Cell Point (India) Limited | Consolidated | 100.00 | 10.00 | 14.47 | 6.91 | 12.32 | 117.45 |
| Peer Group | |||||||
| Bhatia Communications & Retail (India) Ltd | Consolidated | 15.92 | 1.00 | 0.42 | 37.81 | 11.40 | 3.69 |
| Fone4 Communications (India) Ltd | Consolidated | 5.10 | 10.00 | 1.71 | 2.98 | 8.50 | 8.87 |
| Jay Jalaram Technologies Ltd | Consolidated | 176.5 | 10.00 | 7.36 | 8.21 | 8.61 | 39.40 |
Cell Point IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 29 June 2023 | ₹-1 | – | – |
| 28 June 2023 | ₹-1 | – | – |
| 27 June 2023 | ₹-1 | – | – |
| 26 June 2023 | ₹-1 | – | – |
| 25 June 2023 | ₹0 | – | – |
| 24 June 2023 | ₹1 | – | – |
| 23 June 2023 | ₹2 | – | – |
| 22 June 2023 | ₹2 | – | – |
| 21 June 2023 | ₹5 | – | – |
| 20 June 2023 | ₹8 | – | – |
| 19 June 2023 | ₹12 | – | – |
| 18 June 2023 | ₹12 | – | – |
| 17 June 2023 | ₹10 | – | – |
| 16 June 2023 | ₹10 | – | – |
| 15 June 2023 | ₹11 | – | – |
| 14 June 2023 | ₹11 | – | – |
| 13 June 2023 | ₹5 | – | – |
| 12 June 2023 | ₹0 | – | – |
| 11 June 2023 | ₹0 | – | – |
| 10 June 2023 | ₹0 | – | – |
Cell Point IPO Detail Video:
Cell Point IPO Subscription Status (Bidding Detail)
The Cell Point IPO on June 20, 2023 at 7:29:00 PM was subscribed 6.03 times, with the retail category being subscribed 7.92 times, the other category being subscribed 4.11 times.
| Category | Subscription |
| Other | 4.11x |
| Retail | 7.92x |
| Total | 6.03x |
Cell Point IPO Prospectus
Cell Point IPO Rating
| Our Rating | 2.0/5.0 |
Cell Point Company Contact Information
Cell Point India Limited
Registered Office: Door No 30-15-139/F/5,6 Ward No 27,
Ram’s Arcade, Opposite Visakha Medical Centre,
Dabagardens, Visakhapatnam,
Andhra Pradesh 530020, India
Tel. No: +91 9000113897
Email: cs@cellpoint.biz
Website: www.cellpoint.biz
Contact Person: Mr. Chandra Sekhar Raghavapudi
Company Secretary & Compliance Officer
Promoters Of Our Company: Mr. Mohan Prasad Panday And Mr. Bala Balaji Panday
Cell Point IPO Registrar
Bigshare Services Private Limited
Registered Office: S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri East, Mumbai – 400 093, Maharashtra, India
Tel. No.: +91 22 6263 8200
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C.
SEBI Registration No.: INR000001385
Cell Point IPO Lead Manager
First Overseas Capital Limited
Registered Office: 1-2 Bhupen Chambers, Dalal Street,
Fountain, Mumbai – 400 001, Maharashtra, India
Tel No.: +91 22 4050 9999
Email: mb@focl.in
Investor Grievance Email: investorcomplaints@focl.in
Website: www.focl.in
Contact Person: Rushabh Shroff/ Mala Soneji/ Shreya Jhawar
SEBI Registration No: INM000003671
Cell Point IPO FAQs
What is the lot size of Cell Point IPO?
The total size of Cell Point IPO is ₹50.34 crores and this is a complete fresh Issue.
When will Cell Point IPO start?
Cell Point IPO will Open from 15 June 2023 and IPO will Close on 20 June 2023.
What is the open date of Cell Point IPO?
Cell Point IPO will open date from 15 June 2023.
What is the last date ( close date ) of Cell Point IPO?
Cell Point IPO will close from 20 June 2023.
What is the price band of Cell Point IPO?
Cell Point IPO price band is ₹100.
What is the minimum amount required to apply for Cell Point IPO?
The minimum investment for retailers to apply for Cell Point IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Cell Point IPO?
View gray market premium of Cell Point IPO by Clicking Here
How much is the GMP of Cell Point IPO?
Watch Cell Point IPO GMP Today: Click Here
What is the allotment date of Cell Point IPO?
The allotment date of Cell Point IPO is 23 June 2023.
How to check allotment status in Cell Point IPO?
To check the allotment status of Cell Point IPO, first of all go to the registrar website by clicking here, select your bad Cell Point IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Cell Point IPO?
The Listing Date of Cell Point IPO is 29 June 2023.
How much will be the listing gain in Cell Point IPO?
View listing gain of Cell Point IPO by Clicking Here
How much time Cell Point IPO is subscribed?
Total 6.03 times subscribed in Cell Point IPO out of which 7.92 times subscription was done in retail quota, 4.11 times subscription in NII quota.
How to apply for Cell Point IPO from Upstox?
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How to apply for Cell Point IPO from Zerodha?
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How to apply for Cell Point IPO from Angle One?
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