Cell Point (india) Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Cell Point

CMP

35.05

+0.15 (0.43%)

₹100

Offer Price

₹ 50.34 Cr

Issue Size

₹ 1,20,000

Min Investment

1,200

Lot size

Time Line

  • 15
    Jun 2023
    Open
  • 20
    Jun 2023
    Close
  • 23
    Jun 2023
    Finalisation of Basis of Allotment
  • 26
    Jun 2023
    Initiation of Refunds
  • 27
    Jun 2023
    Transfer of Shares to Demat Account
  • 28
    Jun 2023
    Listing Date

Objects of the Offer

  • 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.

Strengths

  • Improve Sales.

  • Increase tie up with more manufacturers of brands.

  • Leveraging our market skills and relationship.

  • To increase brand visibility.

  • Maintaining edge over competitors.

Risks

  • There are certain outstanding legal proceeding involving its Promoter and Promoter Entities which may adversely affect its business, financial condition and results of operations.

  • The company Statutory Auditor has included certain emphasis of matters in audited financials of the Company.

  • The company operations are significantly located in the North Andhra Pradesh region, especially in Visakhapatnam. Any downturn or any failure to expand its operations or adverse developments affecting the company operations in these locations may restrict its growth and may adversely impact on its market share, revenue and results of operations.

  • The Company`s business highly depends on the brands recognition and reputation of the products it offers to sell and their inability to maintain or enhance brands image that its sell could have a material adverse effect on the company business, financial condition and results of operations.

  • The Company is dependent on few numbers of suppliers for purchase of products. Loss of any of this large Suppliers may affect its business operations.

Financials

All values in Cr

Mar-2021 Mar-2022 Mar-2023 3-Yr trend
Revenue 223.01 (-19.70%) 269.16 (20.70%) 295.67 (9.90%)
Gross Profit 223.01 (-19.70%) 269.16 (20.70%) 295.67 (9.90%)
Net Income 223.01 (-19.70%) 269.16 (20.70%) 295.67 (9.90%)
Assets 223.01 (-19.70%) 269.16 (20.70%) 295.67 (9.90%)
Liabilities 223.01 (-19.70%) 269.16 (20.70%) 295.67 (9.90%)

Book Running Managers

  • First Overseas Capital Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

Door No. 30-15-139/F/5,6 Ward,
No.27 Ram`s Arcade Dabagardens,
Visakhapatnam - 530020
Phone : 91-9000113897 Email : cs@cellpoint.biz www.cellpoint.biz

Offer Related Information

Initial public issue of 50,34,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Cell Point (India) Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 100.00/- per equity share (including a share premium of Rs. 90.00/- per equity share) ("Issue Price") aggregating to Rs. 50.34 crores ("The Issue"), out of which 2,52,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 100.00/- per equity share, aggregating to Rs. 2.52 crores will be... More

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