Sealmatic India IPO

Small CapMachinery And EquipmentSME

IPO Details

Bidding Dates

17 Feb '23 - 21 Feb '23

Minimum Investment

₹ 135,000 / 1 Lots (600 Shares)

Price Range

₹220 - ₹225

Maximum Investment

₹ 270,000 / 2 Lots (1200 Shares)

Retail Discount

To be announced

Issue Size

₹56.24 Cr

Investor category and sub category

Qualified Institutional Buyers | Non-Institutional Investors | Retail Individual Investors

IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

Feb 17, 23

IPO Close Date

Feb 21, 23

IPO Allotment Date

Feb 24, 23

Initiation of Refunds

Feb 27, 23

Credit of Shares to Demat Account

Feb 28, 23

Listing Date

Mar 1, 23

Sealmatic India IPO Subscription Details

Date	QIB	NII	Retail	Total
Day 1Feb 17 2023	0.00	0.37	0.87	0.43
Day 2Feb 20 2023	1.31	3.00	3.57	2.25
Day 3Feb 21 2023	8.71	39.14	12.06	13.50

About Company

The company designs and manufactures all kinds of mechanical seals to be used in oil and gas, fertiliser, power, mining, pulp & paper, pharmaceutical, refinery, aerospace, marine, petrochemical and chemical industries.

Sealmatic is the trusted partner of several global companies in forty-five countries, including the USA, Sweden, the UK, Germany, Italy, Japan, Norway, Switzerland, Denmark, Netherlands, Australia, France, and others.

Sealmatic India Ltd IPO Objective

Sealmatic will use the fund to buy plant machinery, develop products and support post-production marketing expenses.
A portion of the capital will be utilised for general corporate purposes and meeting working capital requirements.

Why should you invest in the Sealmatic India Ltd IPO?

Here are your top reasons to invest in the IPO.

12 years plus industry experience and track record. The company is well recognised not only in India but worldwide.
The company has a solid customer base. About 77% of the company's total sales come from exports and 23% from domestic clients.
Sealmatic is one of the few Indian companies registered as trusted vendors for domestic and international businesses.
They have set up a second manufacturing unit to boost their production capacity by 60%.

Sealmatic India Company Financials

Financial year	Total Income	Total Expense
Parameters	FY20	FY21
Revenue from operation	3,309.13	3,532.58
EBITDA	NA	NA
EBITDA Margin (%)	NA	NA
Profit After Tax	494.13	649.76
EPS (Basic)	247.06	324.88
ROE	NA	NA

Know before investing

Strengths

A sable business model, supported by regular investment in R&D, strong client base, and steady increase in revenue.
They have secured optimum utilisation of their resources and production capacity.
They have 100% retention of all its customers of over 1000 companies in forty-five countries.

Risks

Prospective investors must note that there are some legal cases under civil law that are pending against the company.
The company must comply with fixed rules and regulations and obtain and renew the required licences. Failing to do so will attract a penalty.
The company’s revenue primarily comes from overseas customers and the loss of a major client will impact its future revenue.

How to Apply in IPO
How to Check IPO Allotment Status

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Sealmatic India IPO FAQs

What is the Sealmatic India Ltd IPO?

Sealmatic India Private Ltd. will float an IPO of ₹56.24 crore containing 1,850,000 new shares and 649,600 offer for sale (OFS) equities.

When will Sealmatic India Ltd. IPO allotment be available?

The IPO shares of Sealmatic India will be allotted on February 24, 2023.

What will be the Sealmatic India Ltd IPO lot size?

One lot of Sealmatic India’s IPO will contain 600 shares.

When will Sealmatic India Ltd. IPO open for subscription?

The IPO will open on February 17, 2023.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will Sealmatic India Ltd list on exchanges?

The shares will list on the BSE exchange on March 1, 2023.

How to check the allotment status of Sealmatic India Ltd IPO?

Angel One customers can log in to their accounts to check Sealmatic India Ltd IPO allotment status. When checking the allotment status, keep your application, DP ID, and PAN number ready.

What would be the listing gains on the Sealmatic India Ltd IPO?

Listing gain is the difference between the IPO's opening and offer prices. The listing gain results from changing investors' interests, global parameters, and short vs long-term outlooks.

I have finished the application process for Sealmatic India Ltd IPO, but the funds are not yet debited. What is the reason?

The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.