Goldman Sachs sold 13,82,889 shares of Cello World for ₹55.45 crore at ₹401.00 apiece in a bulk deal. This reduced Goldman Sachs' stake in the company from 1.34% to 0.62%.
A leading Indian consumer products manufacturer engaged in producing writing instruments, stationery, molded furniture, and housewares for households and educational institutions. Cello World operates across multiple categories within the consumer durables space, serving diverse customer segments. The company distinguishes itself through vertical integration across manufacturing, quality control, and distribution channels, enabling direct market presence and operational efficiency in the Indian consumer market.
US-based global investment bank (USD 1.6 trillion in assets, USD 3 trillion+ in client AUM through Goldman Sachs Asset Management). India FPI activity covers proprietary, market-making, client flows and active asset management mandates in listed Indian equities.
