Sealmatic India Limited

Company Profile
Company Name Sealmatic India Limited
Open Date 17-02-2023
Close Date 21-02-2023
Exchange BSE SME
Lot Size 600 Shares
Issue Price ₹ 220-225 per share
Issue Size 24,99,600 Equity Shares
Application Amount ₹ 1,35,000
Recommendation Apply
Incorporated in the year 2009, The company is engaged in the business of designing and manufacturing of mechanical seals and associated products. Company has a complete range of engineered mechanical seals and sealing support systems to cater the needs of customers located all across the globe. Sealmatic products are globally recognized as a trusted brand in process industry in over 45 countries, to name a few: USA, UK, Germany, Netherlands, Italy, Sweden, Norway, Switzerland, Denmark, Australia, France, Japan and many more countries. The company has manufacturing facility at Thane, Maharashtra. The said manufacturing unit is setup on a lease land collectively admeasuring 3,855.86 Sq. Mtrs. The company has also entered into lease agreement for setting up its second manufacturing unit. Company has about 77% of its total sales from export of its product and 23% from domestic sales.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Sep-22
Total Assets 2,975.94 3,947.36 5,108.52
Net Assets 2,174.43 3,015.89 3,550.15
Total Borrowings 272.62 93.56 224.39
Total Revenue 3,548.18 4,276.76 2,582.12
Profit After Tax 649.76 841.46 543.45

Tentative Timeline

Opening Date 17-02-2023
Closing Date 21-02-2023
Basis of Allotment 24-02-2023
Initiation of Refunds 27-02-2023
Credit of Shares to Demat 28-02-2023
Listing Date 01-03-2023

Objects of the Issue

Purchase of Plant and Machinery
Product Development
Marketing and after Sales Support
General Corporate Purpose
Provisions and Contingency
Working Capital Requirement

Contact Information

Registered Office Sealmatic India Limited 4th Floor, Techniplex -I, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai - 400062
Phone 9867058592

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

Anchor Investor Shares Offered 569,400 (21.69%)
Market Maker Shares Offered 126,000 (4.80%)
QIB Shares Offered 379,800 (14.47%)
NII (HNI) Shares Offered 553,200 (21.07%)
Retail Shares Offered 997,200 (37.98%)
Total Shares Offered 2,625,600 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 72.38%

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