Founded in 2009, Sealmatic India Limited specializes in designing and manufacturing mechanical seals and associated products. These mechanical seals find applications in various industries, including pulp & paper, oil & gas, refinery, petrochemical, chemical, fertilizer, power, mining, aerospace, marine, pharmaceutical, and more.
The company takes pride in providing customized seals to meet the specific requirements of its customers. Its operations have gained recognition not only in India but also on a global scale. Currently, Sealmatic serves customers in over 45 countries, including the USA, Sweden, the UK, Germany, Italy, Japan, Norway, Switzerland, Denmark, Netherlands, Australia, France, and many others.
Situated at Shanti Vidya Nagri Road, Mira Road (E), Thane, the manufacturing unit of Sealmatic India Limited covers a vast area of 3,855.86 Sq. Mtrs. To further expand its operations, the company has plans to establish a second manufacturing facility in Khindipada Village, Vasai East, Thane.
Sealmatic has earned a reputation for supplying its products to industry leaders in sectors like pharma, oil and gas, and power, boasting a 100% customer retention rate, including Fortune 500 companies.
The company’s strengths lie in being one of the few Indian companies approved/registered as vendors with national and international customers. Supported by an experienced Board of Directors and Senior Management team, Sealmatic India Limited prides itself on having a skilled and qualified workforce. The company has demonstrated consistent financial performance with an impressive 30% growth in Profit After Tax and optimally utilizing its existing installed capacity while having a firm plan for expansion.
Stock Quote #
- Open: ₹517.50
- High – Low: ₹543.00 – ₹517.50
- Previous Close: ₹525.00
- Total Traded Value: 27,600
- 52 Weeks High: ₹573.90 (Jul 25, 2023)
- 52 Weeks Low: ₹200.00 (Mar 31, 2023)
- Updated On: Jul 28, 2023 4:00 PM
IPO Details #
Sealmatic India IPO is a Book Built Issue. The IPO total issue size is Rs 56.24 Cr. The Sealmatic India IPO price is ₹220 to ₹225 per share. The IPO will list on BSE SME.
| IPO Date | Feb 17, 2023 to Feb 21, 2023 |
| Listing Date | Mar 1, 2023 |
| Face Value | ₹10 per share |
| Price | ₹220 to ₹225 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 2,499,600 shares (aggregating up to ₹56.24 Cr) |
| Fresh Issue | 1,850,000 shares (aggregating up to ₹41.63 Cr) |
| Offer for Sale | 649,600 shares of ₹10 (aggregating up to ₹14.62 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 126,000 shares Sunflower Broking |
IPO Reservation #
Sealmatic India IPO a total of 2,625,600 shares are offered. QIB: 379,800 (14.47%), RII: 997,200 (37.98%), NII: 553,200 (21.07%).
| Anchor Investor Shares Offered | 569,400 (21.69%) |
| Market Maker Shares Offered | 126,000 (4.80%) |
| QIB Shares Offered | 379,800 (14.47%) |
| NII (HNI) Shares Offered | 553,200 (21.07%) |
| Retail Shares Offered | 997,200 (37.98%) |
| Total Shares Offered | 2,625,600 (100%) |
Anchor Investors Details #
IPO raises Rs 12.81 crore from anchor investors. Sealmatic India IPO Anchor bid date is Feb 16, 2023. Sealmatic India IPO Anchor Investors list
| Bid Date | Feb 16, 2023 |
| Shares Offered | 569,400 |
| Anchor Portion Size (In Cr.) | 12.81 |
| Anchor lock-in period end date for 50% shares (30 Days) | Apr 13, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Jul 11, 2023 |
Sealmatic India IPO Timetable (Tentative) #
IPO opens on Feb 17, 2023, and closes on Feb 21, 2023.
| IPO Open Date | Friday, 17 February 2023 |
| IPO Close Date | Tuesday, 21 February 2023 |
| Basis of Allotment | Friday, 24 February 2023 |
| Initiation of Refunds | Monday, 27 February 2023 |
| Credit of Shares to Demat | Tuesday, 28 February 2023 |
| Listing Date | Wednesday, 1 March 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Feb 21, 2023 |
Sealmatic India IPO Lot Size #
The minimum lot size of this Sealmatic India IPO is 600 shares required is ₹135,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹135,000 |
| Retail (Max) | 1 | 600 | ₹135,000 |
| HNI (Min) | 2 | 1,200 | ₹270,000 |
| Lot Size Calculator | |||
Sealmatic India IPO Promoter Holding #
Mr. Mohamed Hanif Chaudhari, Mr. Umar A K Balwa and Mr. Rafiq H. Balwa are the Promoters of the Company.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.38% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2,325.06 | 3,358.88 | 494.14 | 1,524.67 | 1,504.67 | 278.30 |
| 31-Mar-21 | 2,975.94 | 3,548.18 | 649.76 | 2,174.43 | 2,154.43 | 272.62 |
| 31-Mar-22 | 3,947.36 | 4,276.80 | 841.46 | 3,015.89 | 2,995.89 | 93.56 |
| 30-Sep-22 | 5,108.52 | 2,582.12 | 543.45 | 3,550.15 | 2,830.15 | 224.39 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
Sealmatic India IPO Market Cap is Rs 203.63 Cr and P/E (x) is 18.75.
| KPI | Values |
|---|---|
| P/E (x) | 18.75 |
| Market Cap (₹ Cr.) | 203.63 |
Objects of the Issue #
The Objects of the Net Issue is to raise funds for:
- Purchase of Plant and Machinery
- Product Development
- Marketing and after Sales Support
- General Corporate Purpose
- Provisions and Contingency
- Working Capital Requirement
Sealmatic India IPO Subscription Status (Bidding Detail) #
The Sealmatic India IPO is subscribed 16.61 times on Feb 21, 2023 6:57:00 PM. The public issue subscribed 12.06 times in the retail category, 8.71 times in the QIB category, and 30.22 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 8.71 |
| NII | 30.22 |
| Retail | 12.06 |
| Total | 16.61 |
IPO Prospectus #
- › Sealmatic India IPO DRHP
- › Sealmatic India IPO RHP
- › Anchor Investors in Sealmatic India IPO
Sealmatic India IPO Listing Details #
| Listing Date | Mar 1, 2023 |
| BSE Script Code | 543782 |
| NSE Symbol | |
| ISIN | INE0O4601016 |
| Final Issue Price | ₹225 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹225.00 |
| ₹225.00 |
| ₹216.00 |
| ₹236.25 |
| ₹236.25 |
Company Contact Information #
4th Floor, Techniplex -I, Techniplex Complex,
Off Veer Savarkar Flyover,
Goregaon (West), Mumbai – 400062
Phone: +91 9867058592
Email: compliance@sealmaticindia.com
Website: https://www.sealmaticindia.com/
Sealmatic India IPO Registrar #
Phone: 04067162222, 04079611000
Email: nvl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Sealmatic India IPO Lead Manager(s) #
Frequently Asked Questions #
What are the IPO details of Sealmatic India? #
- IPO Open: February 17, 2023
- IPO Close: February 21, 2023
- IPO Price: ₹220 – ₹225 per share
- Face Value: ₹10 per share
- IPO Size: ₹56.24 Crores
- Listing At: BSE SME
- Lot Size: 600 shares
When will the Sealmatic India IPO shares be listed? #
The Sealmatic India IPO shares will be listed on March 1, 2023, at BSE SME.
What is the IPO subscription status for Sealmatic India IPO? #
- Qualified Institutional Buyers (QIB): 8.71 times oversubscribed
- Non-Institutional Investors (NII): 30.22 times oversubscribed
- Retail Individual Investor (RII): 12.06 times oversubscribed
What is the timetable/schedule for Sealmatic India IPO? #
- Bid/Offer Opens On: February 17, 2023
- Bid/Offer Closes On: February 21, 2023
- Finalization of Basis of Allotment: February 24, 2023
- Initiation of Refunds: February 27, 2023
- Credit of Equity Shares: February 28, 2023
- Listing Date: March 1, 2023
How will the Sealmatic India IPO shares be allocated if it is oversubscribed in the retail category? #
If Sealmatic India IPO is oversubscribed in the retail category, shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
How can I apply for Sealmatic India IPO? #
Retail investors can apply online for Sealmatic India IPO shares through banks using ASBA or through a broker using UPI.
Please note that the information provided is based on the data available, and you may refer to the provided URLs for more details or any updates after this date.
