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Cell Point (India) Ltd

Registered Office : Door No. 30-15-139/F/5,6 Ward,No.27 Ram's Arcade Dabagardens,Visakhapatnam Andhra Pradesh 530020 Phone : 91-9000113897
Fax :

Email : cs@cellpoint.biz

Website : www.cellpoint.biz

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 reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 47,82,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 100.00/- per equity share aggregating to Rs. 47.82 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 26.93 %and 25.56 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 100.00 is 10.00 time of the face value.

Issue

Opens On

Closes On

15-Jun-2023

20-Jun-2023

Money Payable On

Application

Allotment

100.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

49.54

50.34

18.69

100.00

First Overseas Capital Ltd

Projects

Repayment of certain borrowings

Repairs & Renovation of existing retail outlets & setting of new retail outlets

To meet the Working Capital Requirements

General Corporate Purposes

Promoted By

Mohan Prasad Panday

Bala Balaji Panday

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd