by Suman Gupta
New Delhi, 1st May 2026 – Cellecor Gadgets Limited, one of India’s fastest-growing homegrown consumer electronics brands, has announced the successful listing of its US$ 33 million Foreign Currency Convertible Bonds (FCCB) on the AFRINEX Securities List, marking a key milestone in the company’s growth and global expansion journey.
This listing reflects Cellecor’s strong growth trajectory and commitment to expanding its global footprint. It also strengthens the company’s access to international capital markets, while enhancing transparency and reinforcing investor confidence. The proceeds from the bond issuance will support the company’s long-term strategic objectives, including expanding its presence across domestic and international markets – particularly in emerging regions – through a balanced mix of organic growth initiatives and selective strategic investments. The development aligns with Cellecor’s broader strategy of building a robust financial foundation to support long-term business growth and scale.
Commenting on the development, Mr. Ravi Agarwal, Co-Founder and Managing Director, Cellecor Gadgets Limited, said, “This milestone reflects our strong growth trajectory and our commitment to expanding our global footprint. The listing will further enhance transparency and strengthen investor confidence, as we continue to focus on innovation, quality, and delivering long-term value to our stakeholders.”
AFRINEX Limited, a pan-Africa focused international securities exchange based in Mauritius, provides a transparent and regulated platform for global issuers to access capital markets, bridging access between international investors and emerging market opportunities.
Commenting on the listing, Mr. Thapelo Tsheole, CEO, AFRINEX Limited, said, “The listing of this USD 33 million FCCB reflects the confidence international issuers place in the Mauritius International Financial Centre and its ability to facilitate capital flows into emerging markets with strong regulatory standards. We are pleased to work with Cellecor Gadgets Limited and look forward to its continued growth.”
With this listing, Cellecor aims to further strengthen its financial position, accelerate expansion plans, and continue delivering value across its growing portfolio of consumer electronics and appliances.
About Cellecor Gadgets Limited: Cellecor Gadgets Limited’s journey in the electronics device business, and selling products under its own brand, including Smart TVs, Smart Gadgets, Wearables, Mobile Phones, Home and Kitchen Appliances, and more, outsourced from various electronic assemblers and manufacturers, started in 2012 as M/s Unity Communications-its founder Mr. Ravi Agarwal’s proprietorship firm. The company is promoted and managed with an enduring, sustainable business strategy, wherein the company aims to synergistically amalgamate business potential embedded in the ever-growing demand for electronic products with a modern business approach of sourcing, producing, and marketing with the objective of providing quality products at affordable prices. Today, Cellecor Gadgets Ltd. is a leading name in the consumer electronics industry, known for its innovative and cutting-edge technology. With a commitment to making happiness affordable, Cellecor offers a diverse range of products, including mobile phones, smart TVs, speakers, neckbands, TWS, soundbars, smartwatches, washing machines, and many more.
The securities of the Company are listed on the NSE EMERGE (SME Platform of National Stock Exchange of India Limited) with Scrip Code: CELLECOR.
For more information, visit:https://cellecor.com
About AFRINEX Limited: AFRINEX is a pan-Africa focused international securities exchange based in Mauritius, with over USD 12.4 billion in market capitalisation of listed securities. Supported by BSE Technologies (Bombay Stock Exchange), AFRINEX was established as an initiative of the Government of Mauritius with support from the Government of India, offering platforms for listing, trading, and capital raising across asset classes. Afrinex Clearing House Ltd., a subsidiary of AFRINEX, provides depository, clearing, and settlement services.
