Cello World lists with 28.24% premium on the BSE
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Cello World has debuted at Rs 831.00 on the BSE, up by 183 points or 28.24% from its issue price of Rs 648.
The scrip is currently trading at Rs 799.25, up by 151.25 points or 23.34% from its issue price. It has touched a high and low of Rs 834.70 and Rs 781.50 respectively. So far 8.05 lakh shares were traded on the counter.
The offering, which was open for subscription between October 30, 2023 and November 1, 2023 was subscribed 38.9 times. The issue price was fixed at Rs 648 per share i.e. at upper end of price band of Rs 617-648 apiece.
Cello World is a famous Indian consumer product company mainly dealing in three categories such as writing instruments and stationery, molded furniture, consumer housewares and related products.
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