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Wim Plast Consolidated March 2024 Net Sales at Rs 98 09 crore, up 8 36% Y-o-Y

Wim Plast Consolidated March 2024 Net Sales at Rs 98 09 crore, up 8 36% Y-o-Y
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Casserole king enters billionaire club after IPO, Retail News, ET Retail

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.

Pradeep Rathod Cello World: India s newest billionaire is casserole king Pradeep Rathod after Cello World s successful stock market debut

Cello Worlds stock market debut minted a new billionaire, Pradeep Rathod, known as the Casserole king. The stock closed at Rs 788.40 on Friday, marking a market cap of Rs 16,732.29 crore, with Rathod and family holding over 78% of the company. The IPO, priced at Rs 617-648 per share, saw nearly 39 times subscription, buoyed by the company s diverse product portfolio, including consumer houseware, writing instruments, and furniture.

Casserole King: Casserole king enters billionaire club after IPO | India News

India News: 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 lis

Cello World listing: Cello World shares list at 28% premium over issue price

Throughout the fiscal years FY21-23, Cello World undertook no significant changes to its business operations, apart from the acquisition of shares in Wim Plast and the acquisition of business entities by Cello Industries, Cello Household Products, and Unomax Stationery through a slump sale.

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