Sealmatic India IPO description – Incorporated in 2009, Sealmatic India 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.
The company 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.
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.
The strengths of the company are:
- One of few Indian Company Approved/ Registered as vendors with National & International customers.
- Experienced Board of Directors & Senior Management team supported by Skilled & Qualified Workforce.
- Consistent financial performance with about 30% growth in Profit After Tax.
- Optimum utilization of existing installed capacity & firm plan for Expansion
Promoters of Sealmatic India – Mr. Mohamed Hanif Chaudhari, Mr. Umar A. K. Balwa, and Mr. Rafiq H. Balwa
Sealmatic India IPO Details
| Sealmatic India IPO Dates | 17 – 21 February 2023 |
| Sealmatic India IPO Price | INR 220 – 225 per share |
| Fresh issue | 18,50,000 shares |
| Offer For Sale | 6,49,600 shares |
| Total IPO size | 24,99,600 shares (INR 56.24 crore) |
| Minimum bid (lot size) | 600 shares (INR 135,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Sealmatic India Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 |
| Revenue | 3,309.1 | 3,532.6 | 4,254.1 | 2,562.7 |
| Expenses | 2,690.9 | 2,674.0 | 3,144.7 | 1,815.2 |
| Net income | 494.1 | 649.8 | 841.5 | 543.5 |
Sealmatic India Offer News
- Sealmatic India RHP
- Sealmatic India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Sealmatic India Valuations & Margins
| 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 |
Sealmatic India IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 28 Feb 2023 | 18 | – | 10,000 |
| 27 Feb 2023 | 23 | – | 14,000 |
| 24 Feb 2023 | 23 | – | 14,000 |
| 23 Feb 2023 | 23 | – | 14,000 |
| 22 Feb 2023 | 25 | – | 17,000 |
| 21 Feb 2023 | 28 | – | 18,000 |
| 20 Feb 2023 | 28 | – | 18,000 |
| 18 Feb 2023 | 25 | – | 15,000 |
| 17 Feb 2023 | 25 | – | 15,000 |
| 16 Feb 2023 | 25 | – | 15,000 |
| 15 Feb 2023 | 21 | – | 13,000 |
Sealmatic India IPO Subscription – Live Updates
| Category | QIB | Non-retail | Retail | Total |
| Shares Offered | 379,800 | 553,200 | 997,200 | 1,930,200 |
| 21 Feb 2023 | 8.71 | 30.22 | 12.06 | 16.61 |
| 20 Feb 2023 | 1.65 | 2.56 | 3.60 | 2.80 |
| 17 Feb 2023 | 0.00 | 0.28 | 0.87 | 0.53 |
Sealmatic India Offer Lead Manager
ISK ADVISORS PRIVATE LIMITED
501, A. N. Chambers, 130,
Turner Road, Bandra West, Mumbai-400 050
Phone : +91 – 22 – 26431002
Email: [email protected]
Website: www.iskadvisors.com
Sealmatic India Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Email: [email protected]
Website:Â www.kfintech.com
Sealmatic India Contact Details
SEALMATIC INDIA LIMITED
Bldg A, Indiplex Iv, Survey No-12,
Hissa No-9a, Village Ghodbunder,
Shanti Vidya Nagri Road, Mira Road (E) Thane- 401104
Phone: +91 9867058592
E-mail: [email protected]
Website: www.sealmaticindia.com
Sealmatic India IPO Allotment Status
Sealmatic India IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Sealmatic India IPO Dates & Listing Performance
| Sealmatic India Offer Opening Date | 17 February 2023 |
| Sealmatic India IPO Closing Date | 21 February 2023 |
| Finalisation of Basis of Allotment | 24 February 2023 |
| Initiation of refunds | 27 February 2023 |
| Transfer of shares to demat accounts | 28 February 2023 |
| Sealmatic India IPO Listing Date | 1 March 2023 |
| Opening Price on BSE SME | INR 225 per share (No Change) |
| Closing Price on BSE SME | INR 236.25 per share (up 5.0 %) |
Sealmatic India IPO FAQs
What is Sealmatic India’s offer size?
Sealmatic India’s offer size is INR 56.24 crore.
What is Sealmatic India IPO Price Band?
Sealmatic India’s public offer price is INR 220 – 225 per share.
What is the lot size of Sealmatic India IPO?
Sealmatic India’s offer lot size is 600 shares.
What is Sealmatic India IPO GMP today?
Sealmatic India IPO GMP today is INR 18 per share.
What is Sealmatic India’s kostak rate today?
Sealmatic India’s kostak rate today is NA per application.
What is Sealmatic India Subject to Sauda rate today?
Sealmatic India Subject to Sauda rate today is INR 10,000 per application.
