IPO

Sealmatic India Limited IPO

BSE SME

Listed On: Mar 1, 2023 at ₹ 225.0

₹ 270000 /1200 Shares
*Min Investment

Check Allotment

17 Feb, 2023

Open Date

21 Feb, 2023

Close Date

24 Feb, 2023

Allotment Date

01 Mar, 2023

Listing Date
Sealmatic India Limited IPO Issue Details
  • Issue Price ₹220 to ₹225 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 2,499,600 shares of ₹10 (aggregating up to ₹56.24 Cr)

    #Fresh Issue: 1,850,000 shares of ₹10 (aggregating up to ₹[.] Cr)

    #Offer for Sale: 649,600 shares of ₹10 (aggregating up to ₹[.] Cr)
  • Listing at BSE SME
  • List Price 225.0
  • Listing Date 2023-03-01
  • Lead Manager ISK Advisors Pvt Ltd
  • Registrar KFin Technologies Limited
Sealmatic India Limited IPO Details
  • Retail Portion N/A
Sealmatic India Limited IPO Documents
DRHP
RHP
Sealmatic India Limited IPO Details


Sealmatic India Limited IPO is an SME IPO, priced at ₹220 to ₹225 per equity share. The equity shares have a face value of ₹10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Feb 17, 2023 to Feb 21, 2023. The allotment is expected to be finalized on Feb 24, 2023, and the tentative listing date is Mar 1, 2023.


The registrar of the IPO is KFin Technologies Limited, and

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Sealmatic India Limited IPO Subscription Analysis And Details
Retail
12.06x
Total
13.50x
As onQIB / NIIRetailTotal
Shares Offered / Reserved379,800 / 427,200997,2002,373,600
Day 1 17-02-23 06:00 PM
0.00 / 0.37 x0.87 x0.43 x
Day 2 20-02-23 06:00 PM
1.31 / 3.00 x3.57 x2.25 x
Day 3 21-02-23 06:00 PM
8.71 / 39.14 x12.06 x13.50 x
Sealmatic India Limited Valuations
Earnings Per Share (EPS) ₹11.69/-
P/E Ratio N/A
RoNW 27.90%
Net Asset Value (NAV) ₹85.22/-
Sealmatic India Limited Company Financials
In Lakhs
In Lakh
30-Sept-2231-Mar-2231-Mar-2131-Mar-20
Assets5,108.523,947.362,975.942,325.06
Revenue2,582.124,276.803,548.183,358.88
Profit After Tax543.45841.46649.76494.14
About Sealmatic India Limited Company

Sealmatic India Limited is engaged in the business of designing and manufacturing of mechanical seals and associated products. The Mechanical seals manufactured by the company are mainly used in pulp & paper, Oil & Gas, refinery, petrochemical, chemical, fertilizer, power, mining, aerospace, marine, pharmaceutical, and other industrial spaces.

Sealmatic manufactures customized seals in order to meet the requirements of the customers. The operations of the company are widely recognized not alone in India, but worldwide too. Currently, the company has a presence in over 45 countries including India. Some of the countries are the USA, Sweden, the UK, Germany, Italy, Japan, Norway, Switzerland, Denmark, Netherlands, Australia, France, and many more.

The manufacturing unit of Sealmatic India Limited is situated at Shanti Vidya Nagri Road, Mira Road (E), Thane. The land is spread across 3,855.86 Sq. Mtrs. The company is planning to set up another manufacturing facility to expand its operations. The second unit will be located in Khindipada Village Vasai East, Thane.

Sealmatic supplies its products to industry leaders from sectors like Pharma, Oil and Gas industry, and Power. The company stated that it has a retention rate of 100%. The customers of the company include fortune 500 companies.

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Sealmatic India Limited - Promoter(s)

Mr. Mohamed Hanif Chaudhari

Mr. Umar A K Balwa

Mr. Rafiq H. Balwa

Pre Issue Share Holding : 100.00%

Post Issue Share Holding : 72.38%

Sealmatic India Limited IPO - Issue Objectives
1

Purchase of Plant and Machinery

2

Product Development

3

Marketing and after Sales Support

4

General Corporate Purpose

5

Provisions and Contingency

6

Working Capital Requirement