Sealmatic India Limited IPO Date, Subscription, Review & Details

Sealmatic India Limited IPO

Sealmatic India Limited IPO (Sealmatic India IPO)

Note: Sealmatic India Limited IPO is a BSE SME IPO. They are going to raise ₹56.24 Crores via IPO. The issue is a price range of ₹220 to ₹225 per Equity Share. The IPO is to be listed on BSE SME. 

Sealmatic India Limited is established in 2009, the company is engaged in the business of designing and manufacturing 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 Financial Reports

Sealmatic India Limited Financial Reports
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

Sealmatic India Limited IPO Date & Price Band 

IPO Open: February 17, 2022
IPO Close: February 21, 2022
IPO Size: Approx ₹56.24 Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹220 to ₹225 per Equity Share
IPO Listing on: BSE SME
Retail Quota: 42%
QIB Quota: 40%
NII Quota: 18%

Sealmatic India Limited IPO Market Lot

The Sealmatic India IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹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

Sealmatic India IPO Allotment & Listing Dates

The IPO date is February 17 and the IPO close date is February 21, 2022. The IPO allotment date is February 24 and the Sealmatic India Limited IPO listing is on March 01, 2022.

Event Tentative Date
Opening Date Feb 17, 2023
Closing Date Feb 21, 2023
Basis of Allotment Feb 24, 2023
Initiation of Refunds Feb 27, 2023
Credit of Shares to Demat Feb 28, 2023
Listing Date Mar 1, 2023

Sealmatic India Limited IPO Prospectus

What is the official website of Sealmatic India Limited?

Sealmatic India Limited Official Website is https://www.sealmaticindia.com/

What is the registered address of Sealmatic India Limited?

Sealmatic India Limited
4th Floor, Techniplex -I, Techniplex Complex,
Off Veer Savarkar Flyover,
Goregaon (West), Mumbai – 400062
Phone: +91 9867058592
Email: compliance@sealmaticindia.com
Websitehttps://www.sealmaticindia.com/

Sealmatic India IPO Company Promoter

Mr. Mohamed Hanif Chaudhari, Mr. Umar A K Balwa, and Mr. Rafiq H. Balwa are the Promoters of the Company.

Sealmatic India IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: nvl.ipo@kfintech.com
Websitehttps://karisma.kfintech.com/

Sealmatic India IPO Lead Managers

  1. ISK Advisors Pvt Ltd

What is Sealmatic India IPO?

Sealmatic India Limited IPO is a BSE SME IPO. They are going to raise ₹56.24 Crores via IPO. The issue is a price range of ₹220 to ₹225 per Equity Share. The IPO is to be listed on BSE SME.

When will Sealmatic India IPO open?

The IPO will open for QIB, NII, and Retail Investors on February 17, 2022.

What are Sealmatic India IPO Investors Portion?

The investors’ portion for NII is 18%, QIB is 40% and Retail is 42%.

What is Sealmatic India IPO Size?

The IPO size is ₹56.24 crores.

What is Sealmatic India IPO Price Band?

The IPO Price range of ₹220 to ₹225 per equity share.

What is Sealmatic India IPO Minimum and Maximum Lot Size?

The Sealmatic India IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹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

What is Sealmatic India IPO Allotment?

The IPO allotment date is February 24, 2022.

What is Sealmatic India IPO Listing?

The IPO listing date is March 01, 2022. The IPO to list on BSE SME.

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