Cellpoint ipo - A good opportunity to invest in mobile retailing?

[siyalikashyap]

Hi everyone, I am interested in applying for the Cellpoint ipo, which opens on June 15 and closes on June 20. Cellpoint is a leading player in the smartphone and electronics retail industry, with over 75 stores across Andhra Pradesh. The company has a strong financial performance and growth potential, with a P/E ratio of 24.1 and an EPS of 11.6. The issue price is fixed at Rs 100 per share, with a lot size of 1200 shares.

I think this is a good opportunity to invest in a company that has a strong presence in the ever-growing smartphone market and offers world-class standards and customer service in mobile retailing.

What do you think?

Do you have any views or insights on this ipo? Please share your thoughts and opinions here.

Thanks.

 

[kajalnigam]

I'm not aware of Cellpoint, but given what you've stated, it appears to be a promising proposition. The smartphone industry is only growing, so a company with a strong presence in that arena could be a solid choice. if they're doing a good job with customer service, that's a huge advantage. The financials appear to be adequate as well, though I'd look into their expansion plans and how they intend to remain competitive in such a fast-paced business. IPOs might be risky, but if you trust in the company's potential, it may be worth considering!