Issue Price
₹225
Per Share
GMP
NIL
Grey Market
Est. Listing
₹225
Expected Price
Min. Application
₹270,000
2 lots × 600 shares
Incorporated in 2009, Sealmatic India Limited is engaged in the business of designing and manufacturing of mechanical seals and associated products. The Mechanical seals manufactured by the company are mainly used in pulp & paper, Oil & Gas, refinery, petrochemical, chemical, fertilizer, power, mining, aerospace, marine, pharmaceutical, and other industrial spaces.Sealmatic manufactures customized seals in order to meet the requirements of the customers. The operations of the company are widely recognized not alone in India, but worldwide too. Currently, the company has a presence in over 45 countries including India. Some of the countries are the USA, Sweden, the UK, Germany, Italy, Japan, Norway, Switzerland, Denmark, Netherlands, Australia, France, and many more.The manufacturing unit of Sealmatic India Limited is situated at Shanti Vidya Nagri Road, Mira Road (E), Thane. The land is spread across 3,855.86 Sq. Mtrs. The company is planning to set up another manufacturing facility to expand its operations. The second unit will be located in Khindipada Village Vasai East, Thane.Sealmatic supplies its products to industry leaders from sectors like Pharma, Oil and Gas industry, and Power. The company stated that it has a retention rate of 100%. The customers of the company include fortune 500 companies.The strengths of the company are:One of few Indian Company Approved/ Registered as vendors with National & International customers.Experienced Board of Directors & Senior Management team supported by Skilled & Qualified Workforce.Consistent financial performance with about 30% growth in Profit After Tax.Optimum utilization of existing installed capacity & firm plan for Expansion
Sealmatic India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 126,000 | — | ₹2.84 Cr | — |
| TOTAL | 2,499,600 | 100.00% | ₹56.24 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹135,000 |
| Retail (Max) | 13 | 7,800 | ₹1,755,000 |
| sNII (Min) | 14 | 8,400 | ₹1,890,000 |
| bNII (Min) | 68 | 40,800 | ₹9,180,000 |
| Particulars | 30-Sep-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 2582.12 | 4276.80 | 3548.18 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 543.45 | 841.46 | 649.76 |
| Net Worth | 3550.15 | 3015.89 | 2174.43 |
| Total Assets | 5108.52 | 3947.36 | 2975.94 |
| Reserves & Surplus | 2830.15 | 2995.89 | 2154.43 |
| Total Borrowings | 224.39 | 93.56 | 272.62 |