Cell Point (India) Limited was formerly incorporated as 'Cell Point (India) Private Limited' on April 10, 2013 as a Private Company with Registrar of Companies, Andhra Pradesh. The Company was subsequently converted into a public Company vide fresh Certificate of Incorporation dated November 25, 2022. The Promoters started business as small mobile retailers in Vizag, Vishakhapatnam, Andhra Pradesh in 2001 and took over the running businesses of sole Proprietary Concerns of the Promoters, M/s. Cell Point and M/s. Mobile King as a going concern basis with all of their respective assets and liabilities.
The Company currently sells all its products directly through 75 stores spread across Andhra Pradesh, of which 2 stores are owned properties and 73 stores are on leased properties. The Company is engaged in the business of Trading in smart phones, accessories, related products and other consumer durable electronic goods. It provides payment option such as credit/EMI facilities including UPI, vouchers, & pay on delivery to customers for buying the products.
The products offerings are classified in four major categories comprising of Smart Phones and Tablets, Smart Watches, Accessories and Smart TVs. The Company's majority stores are located in the Visakhapatnam, Costa, Vijayawada and Rayalaseema Zones. It sell smart phones, tablets, mobile accessories and mobile related products and allied accessories of all the major brands including like Apple, Samsung, Oppo, Realme, Nok ...ia, Vivo, Lava, Xiaomi, Nokia, Redmi, Techno, One Plus, Gionee, VIVO, Boat, Gizmore, Fitbit, Noise, GOQii Vital etc. It also sell Smart TVs of 3 major brands, being of Xiaomi, Realme and One Plus. It offer a variety of accessories for smart phones and tablets/ ipads like Screen Guard, Memory Card, Ear Pods, Mobile Charger, Mobile Covers, Collar Neck Bank, Bluetooth earplugs, Car Charger, speakers, power banks etc. from brands such as Apple, Samsung, Xiaomi, etc.
The Company made an IPO by allotting equity shares to the tune of 53,40,000 of Rs 10/- each by raising funds to Rs 50.34 Crores in June, 2023.
FAQs on Cell Point (India) Ltd
1. Can I buy Cell Point (India) Ltd from PL Capital? ›
Yes, you can invest in Cell Point (India) Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Cell Point (India) Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Cell Point (India) Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Cell Point (India) Ltd pay dividends? ›
Cell Point (India) Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Cell Point (India) Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Cell Point (India) Ltd. is ₹ 16 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Cell Point (India) Ltd ? ›
The 52-week high and low of Cell Point (India) Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
