Sealmatic India Limited
Bookbuilding IPO · BSE
- Price band
- ₹220 - ₹225
- Lot size
- 600 shares
- Issue amount
- ₹56.24 cr
- Total subscription
- 13.5×
- Opens
- 17 Feb 2023
- Closes
- 21 Feb 2023
- Allotment
- 24 Feb 2023
- Listing
- 1 Mar 2023
Offer at a glance
Issue overview
- Issue size
- 24,99,600 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,32,000
- Fresh issue
- ₹41.63 cr
- Offer for sale
- ₹14.62 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,35,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 72,00,000
- Shares after issue
- 90,50,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 600 | ₹1,35,000 |
| HNI | 2 | 1,200 | ₹2,70,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2009, Sealmatic India Limited specializes in designing and manufacturing mechanical seals and related products for industries including pulp & paper, oil & gas, refinery, petrochemical, chemical, fertilizer, power, mining, aerospace, marine, and pharmaceuticals. The company produces customized seals to meet specific customer requirements and has a global presence in over 45 countries, including the USA, Sweden, UK, Germany, Italy, Japan, Norway, Switzerland, Denmark, Netherlands, Australia, and France. Its manufacturing unit is located at Shanti Vidya Nagri Road, Mira Road (E), Thane, spread across 3,855.86 sq. m., with plans to establish a second facility at Khindipada Village, Vasai East, Thane. Sealmatic serves industry leaders, including Fortune 500 companies, and maintains a 100% customer retention rate.
Strengths
- Approved/vendor for national & international customers
- Experienced board & skilled workforce
- Consistent financial growth (~30% PAT increase)
- Optimal capacity utilization with expansion plans
Promoters
Mr. Mohamed Hanif Chaudhari
Mr. Umar A K Balwa
Mr. Rafiq H. Balwa
Registrar & documents
Lead manager
Isk Advisors Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
4th Floor, Techniplex -I, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai - 400062
+91 9867058592
[email protected]Company website ↗Understanding SEALMATIC IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.