Cell Point Limited
Cell Point Limited
Cell Point Limited, incorporated in 2001, is involved in the retail sale of multiple brands, including tablets, smartphones, and mobile accessories. They also engaged in allied accessories from manufacturers such as Samsung, Oppo, Apple, Vivo, Xiaomi, One Plus, Redmi, and Nokia.
The company also sells multi-brand retail consumer durable products, including smart TVs from various brands such as Real Me, OnePlus, and Xiaomi.
The company has more than 75 stores in the state of Andhra Pradesh.
Purpose of issuing an IPO
- Repaid some borrowings
- To fulfill working capital needs
- To meet corporate expenses
- Establishment of existing retail outlets and new outlets as well.
Company Financials (Amt. in lakhs)
| Period Ended | Total Assets | Net Worth | Reserve and Surplus |
| 31-Mar-21 | 6,530.63 | 1,171.31 | 1,057.55 |
| 31-Mar-22 | 8,270.46 | 1,335.94 | 1,222.18 |
| 31-Dec-22 | 9,064.19 | 1,916.94 | 551.78 |
IPO Details
| Opening Date | 15 June, 2023 |
| Closing Date | 20 June, 2023 |
| Listing Date | 29 june, 2023 |
| Face value | Rs. 10 each share |
| Price | Rs. 100 each share |
| Total Issue Size | 5,034,000 shares |
| Fresh Issue | 5,034,000 shares |
| Listing At | NSE SME |
