Sealmatic India Limited IPO

BSE SME

Listed On: Mar 1, 2023 at ₹ 225.0

₹ 135000 /600 Shares

Check Allotment

Sealmatic India Limited IPO Details

17 Feb, 2023

Open Date

21 Feb, 2023

Close Date

24 Feb, 2023

Allotment Date

01 Mar, 2023

Listing Date

Issue Price

₹220 to ₹225 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

KFin Technologies Limited

List Price

225.0

Listing Date

2023-03-01

Market Lot

600 Shares (₹135,000/-)

Lead Manager

ISK Advisors Pvt Ltd

Issue 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)

Retail Portion

N/A

Subscription

13.50 times

IPO Docs

DRHP RHP

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

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 All values are in ₹ Lakh

	30-Sept-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	5,108.52	3,947.36	2,975.94	2,325.06
Revenue	2,582.12	4,276.80	3,548.18	3,358.88
Profit After Tax	543.45	841.46	649.76	494.14

About The 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 - Promoter(s)

Pre Issue Share Holding: 100.00%

Post Issue Share Holding: 72.38%

Company Promoter(s)

Mr. Mohamed Hanif Chaudhari
Mr. Umar A K Balwa
Mr. Rafiq H. Balwa

Sealmatic India Limited IPO - Issue Objectives

Purchase of Plant and Machinery
Product Development
Marketing and after Sales Support
General Corporate Purpose
Provisions and Contingency
Working Capital Requirement

Sealmatic India Limited IPO - FAQs

Ans. Sealmatic India Limited IPO is a SME IPO. The issue is priced at ₹220 to ₹225 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Feb 17, 2023, and closes on Feb 21, 2023. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Sealmatic India Limited IPO opens on Feb 17, 2023 and closes on Feb 21, 2023.

Ans. The size of Sealmatic India Limited IPO is 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).

Ans. The IPO price band is set between ₹220 to ₹225 per equity share.

Ans. To apply for Sealmatic India Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Sealmatic India Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Sealmatic India Limited IPO is Feb 24, 2023.

Ans. The Sealmatic India Limited IPO will be listed on Mar 1, 2023.

Ans. Follow the steps to check the allotment status for Sealmatic India Limited IPO here.