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Open
17 Feb 2023
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Close
21 Feb 2023
3
Allotment
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Listing
Wed, Mar 1, 2023
Price Band
₹220 to ₹225
Issue Size
24,99,600 shares (agg. up to ₹56 Cr)
Lot Size
600 Shares
Listing Date
Wed, Mar 1, 2023
Latest GMP
₹14
Est. Gain
6.22%
✦ AI Insight
GMP Trend
01-03-2023₹14Est. ₹239+6.22%
28-02-2023₹15Est. ₹240+6.67%
27-02-2023₹17Est. ₹242+7.56%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.23x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ameya Precision Engineers Ltd. | SME | ₹7.14 Cr | ₹34 | 16.75 | ₹65.40 | +92.35% | ₹113.50 (+2.25%) |
| Harsha Engineers International Ltd. | Mainboard | ₹755.00 Cr | ₹330 | 32.67 | ₹486.50 | +47.42% | ₹427.45 (+0.42%) |
Objects of the Issue
| # | 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 |
About Sealmatic India IPO
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, a
Contact Details
Sealmatic India Ltd. Address4th Floor, Techniplex-I, Techniplex ComplexOff Veer Savarkar FlyoverGoregaon (West)Mumbai, Maharashtra, 400062+91 9867058592compliance@sealmaticindia.comVisit Website