Sealmatic India Limited IPO Details

Sealmatic India IPO is an SME IPO.

About Sealmatic India Ltd

Since its incorporation in 2009, Sealmatic India Limited has been designing and producing mechanical seals and related products. The company primarily manufactures mechanical seals for use in pulp and paper, oil and gas, refineries, petrochemical plants, chemical fertilizer plants, power plants, mines, maritime vessels, pharmaceutical plants, and other industrial spaces.

To satisfy the needs of the customers, Sealmatic produces seals that are specifically tailored. The company’s operations are well known not just in India but even internationally. The company is currently present in over 45 nations, including India. The USA, Sweden, the UK, Germany, Italy, Japan, Norway, Switzerland, Denmark, the Netherlands, Australia, France, and many other nations are among them.

The Sealmatic India Limited’s production facility is located at Shanti Vidya Nagri Road, Mira Road (E), Thane. The area of the land is 3,855.86 square meters. To grow its business, the company intends to build another manufacturing plant. In Thane’s Khindipada Village Vasai East, the second unit will be situated.

Leaders in the industries of power, oil, gas, and pharmaceuticals use Sealmatic’s products. The business claimed to have a 100% retention rate. Fortune 500 firms are among the firm’s clients.

The company’s advantages are:

  • One of the few Indian companies approved or registered as suppliers to both domestic and foreign clients.
  • Board of Directors with experience and a senior management team are supported by a skilled and qualified workforce.
  • Consistently improving financial results, with a 30% increase in Profit After Tax.
  • maximum use of currently built capacity and a solid expansion strategy

Sealmatic India IPO Details

IPO DateFeb 17, 2023 to Feb 21, 2023
Listing Date[.]
Face Value₹10 per share
Price₹220 to ₹225 per share
Lot Size600 Shares
Issue Size2,499,600 shares of ₹10
(aggregating up to ₹56.24 Cr)
Fresh Issue1,850,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Offer for Sale649,600 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
P/E (x)18.75
Market Cap (₹ Cr.)203.63
QIB Shares OfferedNot more than 40% of the Net Offer
NII (HNI) Shares OfferedNot less than 18% of the Net Issue
Retail Shares OfferedNot less than 42% of the Offer
Company PromotersMr. Mohamed Hanif Chaudhari, Mr. Umar A K Balwa and Mr. Rafiq H. Balwa are the Promoters of the Company.

IPO Tentative Timetable

EventTentative Date
Opening DateFeb 17, 2023
Closing DateFeb 21, 2023
Basis of AllotmentFeb 24, 2023
Initiation of RefundsFeb 27, 2023
Credit of Shares to DematFeb 28, 2023
Listing DateMar 1, 2023

Sealmatic India IPO Lot Size

Retail (Min)1600₹135,000
Retail (Max)1600₹135,000
HNI (Min)21,200₹270,000

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
Amount in ₹ Lakhs

Company Contact Information

Sealmatic India Limited
4th Floor, Techniplex -I, Techniplex Complex,
Off Veer Savarkar Flyover,
Goregaon (West), Mumbai – 400062
Phone: +91 9867058592


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