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Cellecor Gadgets Limited IPO

Cellecor Gadgets Limited was a SME IPO in the Consumer Electronics sector, offered at ₹87–₹92 per share to raise ₹51 crore. It listed on 28 Sep 2023 at ₹92 and closed its first day at ₹97, a listing gain of +5.0% versus the ₹92 issue price. It now trades around ₹27 (-70.4% versus the issue price).

Frequently asked questions

What were the Cellecor Gadgets Limited IPO listing gains?
Cellecor Gadgets Limited listed on 28 Sep 2023 at ₹92, closing its first day at ₹97 — a listing gain of +5.0% versus the ₹92 issue price.
What was the price band and lot size of the Cellecor Gadgets Limited IPO?
The price band was ₹87–₹92 per share, with a minimum lot of 1,200 shares (₹1,10,400 at the upper band).
Who were the registrar and lead manager for the Cellecor Gadgets Limited IPO?
Skyline Financial Services Private Limited was the registrar, and Narnolia was the book-running lead manager.