Cello World IPO: Unlisted shares of Cello World Ltd were trading at Rs 808 in the grey market, which is about 24.69 per cent higher than its upper issue price of Rs 648 per share
Cello World IPO Closes Today: Check Latest GMP, Subscription Status, Unlisted shares of Cello World Ltd are trading at Rs 781 or at Rs 133 GMP in the grey market, which is 20.52 per cent higher than its issue price
The company has 13 manufacturing facilities in India enabling it to manufacture 80% of its products in-house. It is currently setting up a glassware manufacturing facility in Rajasthan that will help decrease dependence on imports. Its diversified portfolio allows it to withstand demand fluctuations arising from seasonality.
Cello World IPO: Unlisted shares of Cello World Ltd remain Rs 120 higher in the grey market as compared to its issue price, about 18.52 per cent higher