Cellecor Gadgets Ltd - Stock Valuation and Financial Performance

Cellecor Gadgets was started by its promoter Ravi Agarwal in the year 2010 as a sole proprietorship concern named as ‘M/s Unity Communication’ which was engaged in the business of Trading (including Wholesale and Retails), import export, Assembling, merchants and Processing of Mobiles, Mobile Parts, Accessories other telecommunication Products and parts thereof and servicing of all types of telecom related products and all computer related system, communication system, hardware, software and programs of any and all description.

Later, Ravi Agarwal founded and incorporated the company as a private limited company on December 31, 2020 under the Companies Act, 2013 in the name and style of ‘Unitel India Private Limited’. Further, the company’s name was changed to ‘Unitel Info Private Limited’ vide Fresh Certificate of Incorporation dated April 13, 2022 issued by Registrar of Companies, Delhi. Subsequently, the company was converted into public limited company pursuant to a shareholders’ resolution passed at an Extra-Ordinary General Meeting held on May 12, 2023, and name of the company was changed to ‘Unitel Info Limited’ and a fresh Certificate of Incorporation dated May 15, 2023 was issued by Registrar of Companies, Delhi. Furthermore, the company’s name was changed to ‘Cellecor Gadgets Limited’ vide Fresh Certificate of Incorporation dated May 25, 2023 issued by Registrar of Companies, Delhi.

The company is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearable, mobile accessories, smart watches and neckbands. It sells its products under its flagship brand, i.e., CELLECOR. In this area, it focus on 35 SKUs of televisions, 15 SKUs of sound systems and sound bars and 70 SKUs of mobile phones. With the goal of offering each individual advanced television services and experiences, it truly focuses on people's preferences. In order to give people a convenient and user-friendly experience, it offers a wide variety of sizes of smart and conventional televisions that are fully outfitted with the GENZ Android operating system. Also, it provides the most suitable sound systems and sound bars to transform consuers living space into a large movie theatre. It sells power banks, data cables, USB chargers, quick chargers and other items under this category, many Wireless and Standard Power banks, all types of high-strength data lines and the necessary adapters or chargers for each. More than 40 SKUs fall into this category.

Business area of the company

The company is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearable, mobile accessories, smart watches and neckbands.

Products of the company

• Neckbands
• True wireless (TWS) earbuds
• Power bank
• Speaker
• Smart TV
• Smart watch
• Mobile phone
• Data cable
• Charger
• Earphone
• Mobile battery

History and milestones

• 2020: Incorporated as a Private Limited Company in the name and style of Unitel India Private Limited.
• 2021: Awarded as the most progressive brand of the year 2021 at the DeviceNext Accessories Awards.
• 2021: Winner of popular feature phone Brand of 2021 awarded by Mobility Excellence Awards 2021.
• 2023: Converted into Public Limited Company vide shareholder resolution passed on 12 May, 2023.