Cellecor Gadgets Shares In Green On Expanding Its Product Offering

On Monday evening, Cellecor Gadgets informed the exchange that they are expanding into a wider selection of Mixer Grinders. The company said in an exchange filing that, "To guarantee client happiness, Cellecor has offered a wide variety of products over the years, including mobile phones, smart TVs, washing machines, kitchen appliances, smart wearables, and hearables. It is increasing its product line in various categories, especially in the Home Appliances space. They have introduced additional Juicer Mixer Grinder models as a result of Cellecor's commitment to providing a complete tech solution and the positive feedback it received from clients following our initial Mixer Grinder introduction".

Recently, The company has announced the launch of an air conditioner range as it expands its offerings. The company is planning to introduce its new line of ACs, providing affordable comfort to its valued customers. To start with, Cellecor Air Conditioners will be available in two distinct capacities, precisely 1 and 1.5 tons and boast an array of impressive features.

Shares of Cellecor Gadgets were listed on the SME platform of NSE in September 2023 as the SME player raised Rs 50.77 crore via IPO route by selling its shares for Rs 92 apiece.

Cellucor Gadgets, Incorporated in 2020, is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearables, mobile accessories, smart watches, and neckbands. It has three business verticals- entertainment and communication, peripherals and modern accessories.

Cellucor Gadgets has more than 1200 service centers, and more than 800 distributors associated with it. Its products are also present at over 24,000 retail stores with more than 300 ranges of products and 100 million users across the country through offline and online channels.