NSE SME-listed THIS company revises fundraising proposal, plans expansion
NSE SME-listed Cellecor Gadgets Limited has informed exchanges that its board has approved the revised fundraising proposal to Rs 300 crore from Rs 250 crore. This increase is to support the company's ambitious expansion plans and to ensure sufficient capital for future growth. The company also shared details about its effort to strengthen its global footprint. According to the company, the board has approved the incorporation of a new wholly-owned subsidiary in a Dubai Free Zone. Company Plans Global Expansion
The company said that the name of the wholly owned subsidiary will be Cellecor Gadgets FZCO.
'…to incorporate a new wholly owned subsidiary in a designated Dubai Free Zone, under a name 'CELLECOR GADGETS FZCO' in compliance with applicable laws, to enhance operational efficiency and align with long-term business objectives, with necessary authorizations duly granted,' the company said in an exchange filing. Financial Results For FY25
The company reported a 105 per cent YoY revenue growth to RS 1,025.95 crore, up from Rs 500.45 crore in FY24. This growth was primarily driven by [specific factors]. The company's net profit surged by 92 per cent to Rs 30.90 crore, reflecting [specific reasons for profit increase]. Partners With Zepto
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. Partners With Dixon Technologies
Last year, it announced a partnership with Dixon Technologies (India) Limited, a leading electronic manufacturing services (EMS) company in India. This collaboration is strategically significant as it aims to expand Cellecor's product lineup by manufacturing high-quality washing machines, further strengthening its presence in the home appliances segment and diversifying its product range.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
13 minutes ago
- India.com
Indias Cheapest 2-Door Convertible Sports Car: 0 To 100Kmph In 3.2 Seconds, 200kmph Top Speed, Tonnes Of Features And More - Priced At Just Rs...
photoDetails english 2937971 India's Cheapest 2-Door Sports Car - MG Cyberster: After numerous teasers, MG has finally launched its electric sports car, the Cyberster, via MG SELECT, the brand's luxury channel. Priced at Rs 74.99 lakh (introductory, ex-showroom), customers who had already pre-booked the vehicle will get it at just Rs 72.49 lakh. The price includes a 3.3kW portable charger and a 7.4kW wallbox charger. At this price point, it is the most affordable 2-door sports car in India, accelerating from 0 to 100 kmph in just 3.2 seconds. Deliveries of the Cyberster will begin on August 10, 2025. Now, curious to know more about what else the MG Cyberster offers? Here are the details: Updated:Jul 28, 2025, 11:09 AM IST Battery And Range 1 / 7 Battery And Range: The MG Cyberster comes with a 77kWh battery pack that offers a claimed range of 580km (MIDC-rated) on a single charge. Motors And Output 2 / 7 Motors And Output: It is equipped with dual electric motors, one placed on each axle. The setup generates 510bhp of power and 725Nm of torque. Performance 3 / 7 Performance: MG claims the Cyberster can accelerate from 0 to 100 kmph in just 3.2 seconds, with a top speed of 200 kmph. Charging 4 / 7 Charging: Using a DC superfast charger, it can be charged from 10% to 80% in just 40 minutes. An AC fast charger takes around 12.5 hours for a full charge from 0 to 100 percent. Feature 5 / 7 Feature: This two-seater electric convertible is loaded with features like four screens (a 10.25-inch digital cluster and three 7-inch displays), wired Apple CarPlay and Android Auto, tilt and telescopic steering wheel, 8-speaker Bose audio system, 8-way power-adjustable driver and passenger seats with heating function, ambient lighting, sustainable dynamica suede and leather seats, and electrically foldable and adjustable ORVMs with heating. Additional Features 6 / 7 Additional Features: It also comes with V2L (Vehicle-to-Load), auto AC with PM2.5 filter, multiple airbags, TPMS, EPB with auto hold, Level 2 ADAS, a 360 camera, and more. Color Options 7 / 7 Color Options: The Cyberster is available in four color options: Andes Grey with Red Roof, Flare Red with Black Roof, Modern Beige with Red Roof, and Nuclear Yellow with Black Roof.
Hans India
13 minutes ago
- Hans India
Maximise benefits of `1,000 cr scheme, Centre urges states
Vijayawada: In a major step towards strengthen India's MSME sector and promote sustainable industrial practices, the ministry of power has launched the Assistance in Deploying Energy Efficient Technologies in Industries and Establishments (ADEETIE) scheme, backed by a Rs 1,000-crore Central budget. Launched nationally from Panipat, the scheme is being implemented by the Bureau of Energy Efficiency (BEE) and is designed to fast-track the adoption of advanced energy-efficient technologies in MSMEs—an economic backbone employing millions and driving innovation across sectors. As part of the national rollout, BEE has appealed to all state governments to take immediate and focused action in scaling up implementation of the ADEETIE scheme. States have been urged to engage their State Designated Agencies (SDAs) to proactively educate stakeholders, identify eligible clusters, and provide end-to-end support to MSMEs for seamless technology transition. 'ADEETIE is a big boon to the MSME sector,' said Akash Tripathi, additional secretary, ministry of power and director general, BEE. 'We urge all states to capitalize on this opportunity from the very beginning to ensure the scheme's success and maximize benefits for their industries.' Of the Rs.1,000-crore budget, Rs 875 crore is earmarked as interest subvention to ease access to concessional finance for energy-efficient upgrades, while Rs 50 crore is allocated for implementation and capacity-building. The initiative is expected to leverage total investments of over Rs 9,000 crore, including significant lending by MSMEs themselves. The scheme provides comprehensive support—from Investment Grade Energy Audits (IGEA) and Detailed Project Reports (DPRs) to financing assistance and Monitoring and Verification (M&V)—ensuring measurable energy savings, reduced costs, and enhanced productivity. ADEETIE is operational across 60 industrial clusters and 14 energy-intensive sectors, including textiles, foundries, and food processing, among others. A phased, cluster-specific approach is being adopted to tailor interventions and ensure measurable outcomes. Apart from Kochi, Bhuvneshwar, West Godavari of Andhra Pradesh was selected under ADEETIE Scheme for fisheries. Apart from Ambala, Firozabad, Chirkunda, East and West Godavari of AP have been selected for glass and refractory Sector. The Union government sees this scheme as a pivotal tool not just for post-pandemic recovery, but for long-term sustainability, job creation, and achieving India's climate and net-zero goals. The ministry of power has specially acknowledged the proactive role of states like Andhra Pradesh, Telangana, Kerala, Karnataka and Tamil Nadu, while calling upon all states to rise to the occasion and make ADEETIE a turning point in India's clean industrial growth.
Hans India
13 minutes ago
- Hans India
YSRCP to launch mass movement against Vizag land scam
Visakhapatnam: Former minister and YSRCP Anakapalli district president Gudivada Amarnath pointed out that the NDA government is behaving like a real estate agency by distributing public lands at throwaway prices to the party followers and supporters. At a media conference organised in Visakhapatnam on Sunday, he stated that the lands were given away to favouring companies and real estate groups, ignoring public interest. Criticising that the government has failed in keeping its election promises, Amarnath said the TDP-led coalition government has been involved in massive irregularities in land allocations in Visakhapatnam over the past 15 months. He pointed out that while the previous YSRCP government planned to develop Visakhapatnam into a major IT destination on par with Hyderabad, the present government is diverting valuable lands to companies with no track record. Citing examples, he stated that prime lands worth thousands of crores of rupees were handed over to companies at rates as low as Rs 50 lakh to Rs 1 crore per acre. Amarnath said this allocation had failed to generate even a single IT job for the youth in the state. The former minister stated that Chief Minister N Chandrababu Naidu and Minister Nara Lokesh were supervising these shady land deals, and that public land was being looted to benefit their associates and supporters. 'Why similar land allocations are not being made in Amaravati and why the TDP was not drawing investments there,' he questioned, criticising Naidu's frequent Singapore visits aimed at renewing old ties. Amarnath announced that YSRCP would launch a mass movement against the land scam and hold the coalition government accountable for diverting public wealth for personal gain.
