Sellowrap Industries IPO

About Sellowrap Industries IPO

Sellowrap Industries IPO is a book-built issue worth ₹30.28 crore. The IPO consists entirely of a fresh issue of 36.48 lakh equity shares. The IPO opens for subscription on July 25, 2025, and closes on July 29, 2025. The allotment is expected to be finalised on July 30, 2025, with tentative listing on NSE SME scheduled for August 1, 2025.

The IPO is priced in a band of ₹79 – ₹83 per share. Retail investors must apply for a minimum of 2 lots comprising 3,200 shares, requiring an investment of ₹2,65,600 at the cutoff price. HNI investors must apply for a minimum of 3 lots (4,800 shares), amounting to ₹3,98,400.

Gretex Corporate Services Limited is the book-running lead manager to the issue, and Purva Sharegistry India Private Limited is the registrar.

For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the Sellowrap Industries IPO RHP.

Industry Outlook

1. India’s manufacturing sector is experiencing a robust resurgence, underpinned by strong domestic demand, favourable policy reforms, and increased capital expenditure. The automotive components industry, in particular, is benefiting from this momentum, supported by initiatives such as the Production Linked Incentive (PLI) scheme and the “Make in India” programme, which aim to enhance competitiveness and boost exports.
2. The Purchasing Managers’ Index (PMI) for manufacturing stood at 59.1 in March 2025, marking the fastest expansion in 16 years. This growth reflects improved output, new orders, and job creation, signalling a healthy investment climate. Capacity utilisation in the manufacturing sector rose to 74.0% in Q2 FY2023–24, further indicating operational efficiency and readiness for scale.
3. India’s automotive component market is evolving rapidly, driven by rising vehicle production, electrification trends, and demand for lightweight, durable materials. Technologies such as plastic injection moulding, polyurethane foam moulding, and expanded polypropylene (EPP) are gaining prominence due to their versatility and cost-effectiveness. The plastic moulding market alone is projected to grow from USD 45.13 million in 2024 to USD 53.64 million by 2030, while the polyurethane foam segment is expected to reach USD 5.18 billion by 2031, growing at a CAGR of 8.0%.
4. The competitive landscape is diverse, with Tier 1 suppliers and OEMs increasingly seeking integrated, value-added solutions. Companies like Sellowrap Industries are well-positioned to capitalise on this trend by offering customised adhesive and non-adhesive components tailored to automotive and white goods applications.

Sellowrap Industries IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

1. Expand manufacturing infrastructure by investing in plant and machinery, infrastructure development, and auxiliary equipment at its Gurugram facilities. This includes optimising space utilisation across its GP-54 and GP-51 units to accommodate increased production capacity for its diversified product portfolio, which includes plastic injection moulded parts, PU foam moulding, foam labels and stickers, screen sealing parts, and EPP moulding components.
2. Support working capital requirements to ensure uninterrupted operations and meet the growing demand from its automotive and white goods clientele. This will enable the company to maintain inventory levels, streamline procurement cycles, and enhance supply chain responsiveness.
3. Fund general corporate purposes, including administrative overheads, brand enhancement, and strategic initiatives aimed at reinforcing the company’s market position, operational resilience, and long-term sustainability.
4. Enhance corporate visibility and governance standards through public listing on NSE Emerge, thereby fostering investor confidence, improving access to capital markets, and facilitating future growth opportunities through strategic collaborations and technological innovation.

About Sellowrap Industries & Engineering Consultants Ltd.

Sellowrap Industries Limited was originally incorporated as Sellowrap Manufacturing Private Limited on April 6, 2004 under the Companies Act, 1956. The company was subsequently renamed Sellowrap Industries Private Limited on February 16, 2011, and later converted into a public limited company as Sellowrap Industries Limited on October 15, 2024.

The company is engaged in the manufacturing of customised components for the automotive, non-automotive, and white goods sectors. Operating within the B2B domain, Sellowrap offers both adhesive and non-adhesive processed components, with a strong emphasis on quality, cost-efficiency, and customer-centric solutions.

Sellowrap Industries operates multiple manufacturing facilities across India, including locations in Gurugram, Pune, Kancheepuram, and Ranipet. These facilities are equipped to produce a wide range of foam and plastic-based products, catering to the requirements of leading Original Equipment Manufacturers (OEMs) both domestically and internationally.

With over four decades of industry experience, the company traces its origins to a proprietorship established by Mr. Sushil Kumar Poddar in 1983. Under the leadership of Mr. Saurabh Poddar and Mr. Sushil Kumar Poddar, Sellowrap has evolved into a diversified enterprise, supported by its promoter group and associate companies such as Sellowrap EPP India Private Limited and Prystine Foods and Beverages Private Limited.

How To Check the Allotment Status of Sellowrap Industries IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for the Sellowrap Industries IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Sellowrap Industries IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Sellowrap Industries IPO

Registered office: 208, Plot No. C-5, Abhishek Building, Dalia Estate, New Link Road, Andheri (West), Mumbai – 400053, Maharashtra, India.

Phone: +91 22 6675 0560
E-mail: contact@sellowrap.com