Sealmatic India Limited
BSE SME₹135,000 / 600 Shares
Sealmatic India Limited IPO Details
The Sealmatic India Limited IPO price band is set between ₹220 to ₹225 per equity share, with a face value of ₹10 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 17 Feb, 2023 and closes on 21 Feb, 2023. Investors can check the allotment status on 24 Feb, 2023, while the listing date is tentatively scheduled for 1 Mar, 2023.
The total issue size is 2,499,600 shares of ₹10 , aggregating up to ₹56.24 Cr. Stay tuned for the latest Sealmatic India Limited IPO review and GMP updates.
Sealmatic India Limited IPO Review, Rating & Analysis
Sealmatic India Limited IPO Review
NO REVIEWSealmatic India Limited IPO Rating
Sealmatic India Limited IPO Highlights
IPO Date
Feb 17, 2023 - Feb 21, 2023
Listing Date
1 Mar, 2023
Face Value
₹10 Per Equity Share
Price Band
₹220 to ₹225 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Sealmatic India Limited IPO Lot Size
The minimum market lot for Sealmatic India Limited IPO is 600 shares with an application amount of ₹1,35,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,35,000 |
| Retail (Max) | 1 | 600 | ₹1,35,000 |
| S-HNI (Min) | 2 | 1200 | ₹2,70,000 |
| S-HNI (Max) | 7 | 4200 | ₹9,45,000 |
| B-HNI (Min) | 8 | 4800 | ₹10,80,000 |
Sealmatic India Limited IPO Timeline
Issue Price
₹220 to ₹225 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
KFin Technologies LimitedLead Manager
ISK Advisors Pvt LtdIssue Size
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)Sealmatic India Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sept 22 | 5108.52 | 2582.12 | 543.45 | - | - | - |
| 31 Mar 22 | 3947.36 | 4276.80 | 841.46 | - | - | - |
| 31 Mar 21 | 2975.94 | 3548.18 | 649.76 | - | - | - |
| 31 Mar 20 | 2325.06 | 3358.88 | 494.14 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Mohamed Hanif Chaudhari
- Mr. Umar A K Balwa
- Mr. Rafiq H. Balwa
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100.00% | 72.38% |
About 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.
Sealmatic India Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 379,800 / 427,200 | 997,200 | 2,373,600 |
Day 1 -17-02-23 06:00 PM | 0.00 / 0.37 x | 0.87 x | 0.43 x |
Day 2 -20-02-23 06:00 PM | 1.31 / 3.00 x | 3.57 x | 2.25 x |
Day 3 -21-02-23 06:00 PM | 8.71 / 39.14 x | 12.06 x | 13.50 x |
Frequently Asked Questions about Sealmatic India Limited IPO
When will Sealmatic India Limited IPO open for subscription?
The Sealmatic India Limited IPO opens on 17 Feb, 2023 and closes on 21 Feb, 2023.
What is the investors portion for Sealmatic India Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 997200.
How to apply for Sealmatic India Limited IPO?
You can apply for Sealmatic India Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Sealmatic India Limited IPO?
The issue size of Sealmatic India Limited IPO is approx ₹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) crores.
What is the price band of Sealmatic India Limited IPO?
The price band for Sealmatic India Limited IPO is ₹220 to ₹225 per equity share to ₹undefined.
What is the lot size of Sealmatic India Limited IPO?
The minimum bid (lot size) for Sealmatic India Limited IPO is N/A shares with an investment of approx ₹135,000 .
What is the allotment date of Sealmatic India Limited IPO?
The allotment date for Sealmatic India Limited IPO is 24 Feb, 2023.
What is the listing date of Sealmatic India Limited IPO?
The listing date for Sealmatic India Limited IPO is expected to be 1 Mar, 2023.
What is the GMP of Sealmatic India Limited IPO?
The latest Grey Market Premium (GMP) for Sealmatic India Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.