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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