Cellecor Gadgets’ shares in focus on redemption of unlisted, secured, redeemable, non-convertible debentures
GH News March 12, 2025 06:06 PM

New Delhi: Shares of multibagger SME stock Cellecor Gadgets are in focus on Wednesday as the company has informed exchanges about the full payment against the unlisted secured redeemable partly paid non-convertible debentures for 600 quantity having a face value of Rs 100000 aggregating to Rs 6 crore.
The counter opened in green at Rs 57.85 on the NSE against the previous close of Rs 56.50. However the stock fell and was trading at Rs 56 at the time of writing this report. During this time it touched a low of Rs 55 and a high of Rs 57.85.
Company has made full payment against the Unlisted Secured Redeemable Partly Paid Non-Convertible Debentures against Charge ID 100801566 QTY 600 FACE
VALUE 100000 aggregating to INR 6 Crore the company said in an exchange filing.
Cellecor Gadgets stocks 52-week high stands at Rs 81.50 per share while its 52-week low is Rs 15.04 per share.
Cellecor Gadgets launched its IPO in September 2023 with price band of Rs 92 each. In August 2024 the company carried out a stock split at a 10:1 ratio. This reduced the face value of each share to Rs 1 from Rs 10.
As per the information available on the exchange the stock has gained 55 per cent over the past six months and 92 per cent in the last year. Since its IPO the stock has surged by 500 per cent.
Earlier the company partnered with Zepto to enable users to purchase Cellecor’s range of products seamlessly through Zepto’s rapid delivery network.
Through this partnership Cellecor aims to enhance accessibility and convenience for its customers ensuring they can get their favorite gadgets delivered almost instantly.
Zepto founded in 2021 has a presence in over 50 cities and an extensive catalog of more than 45000 products.
Meanwhile equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday but soon turned flat due to highly volatile global trends amid uncertainties over trade tariff.
The 30-share BSE Sensex jumped 289.83 points or 0.39 per cent to 74392.15 in the morning trade. On the similar lines the Nifty went up 79.5 points or 0.35 per cent to 22577.40.