Sealmatic India Limited, a 2009 incorporation, is in the business of designing and producing mechanical seals and related products. The company primarily produces mechanical seals for the pulp and paper, oil and gas, refinery, petrochemical, chemical, fertiliser, power, mining, aerospace, marine, pharmaceutical, and other industrial sectors.
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 company production facility is located at Shanti Vidya Nagri Road, Mira Road (E), Thane. The area of the land is 3,855.86 square metres. 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.
Sealmatic India IPO Details
| IPO Dates | 17 – 21 February 2023 |
| 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 IPO Dates
| IPO Offer Opening Date | 17 February 2023 |
| 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 | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Financial Performance
| 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 |
Objects of the Issue
The Objects of the Net Issue is to raise funds for:
- Purchase of Plant and Machinery
- Product Development
- Marketing and after Sales Support
- General Corporate Purpose
- Provisions and Contingency
- Working Capital Requirement
Sealmatic India Offer News
Company Contact Information
Sealmatic India Limited
4th Floor, Techniplex -I, Techniplex Complex,
Off Veer Savarkar Flyover,
Goregaon (West), Mumbai – 400062
Phone: +91 9867058592
Email: compliance@sealmaticindia.com
Website: https://www.sealmaticindia.com/
Sealmatic India IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: nvl.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Sealmatic India IPO Lead Manager(s)
- ISK Advisors Pvt Ltd (Past IPO Performance)
