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Cell Point (India) Limited IPO

Cell Point (India) Limited was a SME IPO in the Speciality Retail sector, offered at ₹100–₹100 per share to raise ₹50 crore. It listed on 28 Jun 2023 at ₹100 and closed its first day at ₹95, a listing loss of -5.0% versus the ₹100 issue price. It now trades around ₹15 (-85.0% versus the issue price).

Frequently asked questions

What were the Cell Point (India) Limited IPO listing gains?
Cell Point (India) Limited listed on 28 Jun 2023 at ₹100, closing its first day at ₹95 — a listing loss of -5.0% versus the ₹100 issue price.
What was the price band and lot size of the Cell Point (India) Limited IPO?
The price band was ₹100–₹100 per share, with a minimum lot of 1,200 shares (₹1,20,000 at the upper band).
Who were the registrar and lead manager for the Cell Point (India) Limited IPO?
BigShare Services Private Limited was the registrar, and First Overseas Capital was the book-running lead manager.