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IPO tracker: Cello World's issue booked 82% on Day 2; Mamaearth's subscribed 4% on first day

After a steady response on Day 1, the IPO of stationery maker Cello World sailed through on the second day of bidding process. The issue was overall subscribed 1.07 times. The NII part was booked the most at 2.96 times, followed by the retail category at 0.89 times and QIB at just 0.03 times ....

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Cello World IPO: Cello World IPO opens. Should you subscribe to the issue?

Cello World IPO is completely an offer for sale worth Rs 1,900 crore. Net proceeds from the IPO will entirely go to the selling shareholders. Most analysts advised investors to subscribe to the IPO over the company s strong brand identity and diverse product portfolio across different categories. Cello World s business is broadly divided into two categories, consumer houseware and consumer glassware. ....

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Cello World IPO is now open for subscription. Is it worth investing?

Cello World IPO is now open for subscription. Is it worth investing?
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