Sealmatic India IPO

Sealmatic India IPO Review

Sealmatic India IPO Overview

Sealmatic India Limited, founded in 2009, is a company that designs and manufactures mechanical seals and related products. The company’s mechanical seals are primarily employed in the pulp and paper, oil and gas, refinery, petrochemical, chemical, fertiliser, power, mining, aerospace, marine, pharmaceutical, and other industrial fields.

Sealmatic manufactures customised seals to fulfil the needs of its customers. The company’s operations are well-known not only in India, but also around the world. The company currently has a presence in over 45 countries, including India. Some of the countries are the United States, Sweden, the United Kingdom, Germany, Italy, Japan, Norway, Switzerland, Denmark, the Netherlands, Australia, France, and many others.

Sealmatic India Limited’s production facility is located at Shanti Vidya Nagri Road, Mira Road (E), Thane. The land area is 3,855.86 square metres. To extend its activities, the business intends to build another production plant. The second unit would be located in Thane’s Khindipada Village Vasai East.

Sealmatic’s products are used by industry leaders in the pharmaceutical, oil and gas, and power industries. According to the company, it boasts a 100% retention rate.

Sealmatic India IPO Details

IPO Date

Feb 17, 2023 to Feb 21, 2023

Listing Date

[.]

Face Value

₹10 per share

Price

₹220 to ₹225 per share

Lot Size

600 Shares

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)

Issue Type

Book Built Issue IPO

Listing At

BSE SME

QIB Shares Offered

Not more than 40% of the Net Offer

NII (HNI) Shares Offered

Not less than 18% of the Net Issue

Retail Shares Offered

Not less than 42% of the Offer

Market Maker

SUNFLOWER BROKING PVT. LTD.

Company Promoters

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

Sealmatic India IPO Financial Performance

Period Ended

Total Assets

Total Revenue

Profit After Tax

31-Mar-20

2,325.06

3,358.88

494.14

31-Mar-21

2,975.94

3,548.18

649.76

31-Mar-22

3,947.36

4,276.80

841.46

30-Sep-22

5,108.52

2,582.12

543.45

Amount in ₹ Lakhs

Period Ended

Net Worth

Reserves and Surplus

Total Borrowing

31-Mar-20

1,524.67

1,504.67

278.30

31-Mar-21

2,174.43

2,154.43

272.62

31-Mar-22

3,015.89

2,995.89

93.56

30-Sep-22

3,550.15

2,830.15

224.39

Amount in ₹ Lakhs

Sealmatic India IPO Key Ratios

 

FY 2020

FY 2021

FY 2022

EPS

6.87

9.03

11.69

PE ratio

18.82 – 19.25

RONW (%)

32.41

29.88

27.90

NAV

49.31

ROCE (%)

38

37

37

EBITDA (%)

24.66

29.41

28.83

Debt/Equity

0.13

0.03

Listing Performance of Sealmatic India IPO

Listed On : BSE SME

Issue Price : ₹220 to ₹225 per share

Listing Day Close : NA

Listing Day Gain : NA

Sealmatic India IPO ISIN Number Code

NSE : NA

ISIN CODE : NA

BSE : NA

Sealmatic India IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Sealmatic India IPO Important Dates

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 IPO Contact Details

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 Contact Details

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

Sealmatic India IPO FAQ's

The Sealmatic India IPO is a NSE SME IPO of ₹220 to ₹225 per share with a face value of 10 per equity share.
The issue size is priced at ₹2,499,600 shares of ₹10 (aggregating up to ₹56.24 Cr).
The fresh issue size priced at ₹1,850,000 shares of ₹10 (aggregating up to ₹[.] Cr).
The initial public offering (IPO) begins on Feb 17, 2023 and closes on Feb 21, 2023 . The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The finalization of Basis of Allotment for Chaman Metallics IPO will be done on Feb 24, 2023 and the allotted shares will be credited to your demat account by Feb 28, 2023. Check the Sealmatic India IPO status.

The Viaz Tyres Limited IPO listing date is on Mar 1, 2023.

The finalization of Basis of Allotment for Sealmatic India IPO will be done on Feb 24, 2023 and the allotted shares will be credited to your demat account by Feb 28, 2023. Check the Sealmatic India IPO status.

The Sealmatic India IPO listing date is on Mar 1, 2023.

Sealmatic India IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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