Casserole King: Mumbai-based housewares company Cello World made its stock market debut with a market value of over Rs 16,800 crore ($2.2 billion). The successful listing made Pradeep Rathod, the chief promoter of the company, a billionaire. The company, known for its range of casseroles, saw its stock rise 22% on its debut. Rathod has over 40 years of experience in the industry and has played a pivotal role in the company s journey. Cello World is the second company by the same group to be listed on the stock market.
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
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