Cello World IPO Opens For Subscription. Should You Invest?

Cello World IPO – Cello World is the third firm, following IRM Energy and Blue Jet Healthcare, to launch a public offering in October 2023. The deal will be available for subscription on October 30. Bidding will end on November 1st. The issue’s price band has been set at Rs 617-648 per share. The Mumbai-based company plans to earn Rs 1,900 crore in its initial public offering, which will consist of simply an offer-for-sale by the Rathod family. Because there is no new issue component in the offer, all of the money, excluding issue expenses, will go to selling shareholders, i.e. promoters. Join BTTV’s Sakshi Batra for additional information.