Despite the premium valuation, the IPO received a positive response from investors. This is likely due to the company's strong brand recognition, diversified product portfolio, and pan-India presence,” stated Shivani Nyati, Head of Wealth, Swastika Investmart.Read More:
- Cello World IPO 28% Premium Debut Corrects To 22%, Experts Recommend Long-Term Holding - Business World
- India’s Cello World surges 29% on listing at $2.1 billion valuation - The Print
- Cello World makes strong market debut, lists 28% higher than IPO price - Republic World
- Cello World Listed On Stock Exchanges With 28% Premium - Free Press Journal
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