Sellwin Traders Hits 5% Upper Circuit on MoU with Myzek Logistics, Delivery Partner for JioMart, Zomato & Blinkit

Sellwin Traders Ltd saw its stock locked at a 5% upper circuit following the announcement of a strategic investment in eco-friendly last-mile delivery service Dropon.  

The move marks the company’s expansion towards sustainable logistics through a 20% equity stake in Myzek Logistics Pvt Ltd, the company behind Dropon. 

Sellwin Acquires 20% in Myzek Logistics for Sustainable Business Expansion 

Sellwin Traders Ltd revealed its decision to acquire a 20% stake in Myzek Logistics Pvt Ltd, which operates the green delivery platform Dropon.  

Myzek Logistics Pvt Ltd emerging player in appbased, eco-friendly last-mile delivery services operating under the brand “Dropon”. Myzek currently handles logistics for BTB, BTC including but not limited to manufacturer, E-commerce service providers like JioMart, Zomato and Blinkit under the Brand name Dropon.  

The investment may increase to 35% in phases through a combination of cash or share swap mechanisms. The deal also includes a ₹5 crore funding commitment via convertible instruments. 

Dropon, with over 68,000 users and more than 5,00,000 deliveries, currently operates in multiple cities across Gujarat and aims to expand further. The company has reported a projected revenue of ₹15.50 crore for FY26. This deal broadens Sellwin’s operational exposure via diversification into scalable and sustainable transport services. 

Read More: Firstsource Solutions Share Price in Focus; Its Arm to Acquire TeleMedik for Up to $3 Million! 

Recent Financial Performance and Operating Margins 

For H1FY26, Sellwin Traders Ltd posted a revenue of ₹36.5 crore versus ₹32 crore in H1FY25, marking a 13% growth. Net profit jumped by 283% from ₹1.53 crore to ₹5.8 crore. Operational Profit Margin (OPM) improved from 7.11% to 20.84%, reflecting a 1,373 basis point increase between September 2024 and September 2025. 

However, on a quarterly basis, the company saw revenue falling by 6% YoY to ₹14.6 crore and a 32% QoQ drop from ₹21.8 crore. Yet, YoY net profit increased 227% to ₹2.7 crore in Q2FY26, though it fell 13% QoQ from Q1FY26. 

Strategic Investments Beyond Dropon 

Sellwin has also entered into multiple MoUs to solidify its position across varied sectors. These include a 36% stake in PCIPL’s container project near Bhavnagar supported by a ₹20 crore SBI loan, 36–60% targeted stake in Kumkum Wellness Pvt Ltd, and plans to acquire 60% in US-based Shivam Contracting Inc. with an investment of up to ₹52 crore. 

Sellwin Traders Share Price Performance 

As of January 19, 2026, at 1:31 PM, Sellwin Traders share price on BSE was trading at ₹9.37 up by 4.93% from the previous closing price. 

Conclusion 

Sellwin Traders Ltd’s stock moved to its upper circuit limit following its 20% acquisition in green logistics provider Dropon. The company continues to expand its footprint across multiple sectors while showcasing growth in profits and operational margins. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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