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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹56.24 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹56.24 Cr |
| Fresh Issue | ₹38.79 Cr |
| Offer for Sale | ₹14.62 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹220.00-225.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543782 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | ISK Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 600 shares and in multiples thereof
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Plant & Machinery | 12.00 |
| 2 | Product Development | 3.00 |
| 3 | Marketing and Post-Sales Support | 11.00 |
| 4 | General Corporate Purpose | 3.34 |
| 5 | Provisions and Contingency | 4.00 |
| 6 | Working Capital Requirement | 7.16 |
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 51.09 | 39.47 | 29.76 | 23.25 |
| Total Income | 25.82 | 42.77 | 35.48 | 33.59 |
| Profit After Tax | 5.43 | 8.41 | 6.50 | 4.94 |
| NET Worth | 35.50 | 30.16 | 21.74 | 15.25 |
| Reserves and Surplus | 28.30 | 29.96 | 21.54 | 15.05 |
| Total Borrowing | 2.24 | 0.94 | 2.73 | 2.78 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 28% |
| ROCE | 37% |
| Debt / Equity | 0.03% |
| RoNW | 27.9% |
| PAT Margin | 19.67% |
| EBITDA Margin | 28.83% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 11.69 | |
| P/E (x) | 18.75 | |
| Promoter Holding | 100.00% | 72.38% |
| Market Cap | ₹203.63 Cr. | |
