Cello World’s Rs 1900 crore IPO opens on Monday. What GMP signals ahead of subscription?

Cello World’s Rs 1900 crore IPO opens on Monday. What GMP signals ahead of subscription?

The initial public offer (IPO) of Cello World will open for subscription on Monday. The company has fixed a price band of 617-648 per share for its offer. Ahead of the issue opening, the company’s shares are commanding a healthy premium of Rs 90 in the unlisted market. The stationery maker has raised Rs 567 … Read more