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Cello World Ltd

Cello World Ltd (Ticker: CELLO IN) is a consumer products company with a presence in consumer houseware, writing instruments and stationery, and moulded furniture and allied products. The company is a leading player in the Indian consumerware market with products spanning glassware, opalware, melamine, and porcelain categories. Cello has been associated with the "Cello" brand since 1962 and has diversified its product range over the last six decades. The company was incorporated on July 25, 2018, and has its registered office in Daman, India.

Cello World Ltd will list on November 6, 2023, in India. The firm is selling 29.32M shares at the price of INR 648.00 (USD 7.7961). The expected Market Capitalization at offer is INR 137.53B (USD 1.65B). The total offer size is INR 19.00B (USD 228.59M). The offering is managed by ICICI, IIFL FINANCE LTD, JM Financial Ltd, Kotak Mahindra Bank Ltd, and Motilal Oswal Investment Advisors.

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