What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Sealmatic India Limited IPO allotment date?

The basis of allotment for Sealmatic India Limited IPO is scheduled to be finalized on 24 Feb 2023.

Where can I check Sealmatic India Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 25 Feb 2023.

Sealmatic India Limited

ListedSME

Manufacturing · BSE

Incorporated in 2009, Sealmatic India Limited specializes in designing and manufacturing mechanical seals and related products for industries including pulp & paper, oil & gas, refinery, petrochemical, chemical, fertilizer, power, mining, aerospace, marine, and pharmaceuticals. The company produces customized seals to meet specific customer requirements and has a global presence in over 45 countries, including the USA, Sweden, UK, Germany, Italy, Japan, Norway, Switzerland, Denmark, Netherlands, Australia, and France. Its manufacturing unit is located at Shanti Vidya Nagri Road, Mira Road (E), Thane, spread across 3,855.86 sq. m., with plans to establish a second facility at Khindipada Village, Vasai East, Thane. Sealmatic serves industry leaders, including Fortune 500 companies, and maintains a 100% customer retention rate.

Price Band

₹220 – ₹225

Issue Size

₹56.24 Cr

Lot Size

600 shares

GMP

₹16

+7.1%

Est. Listing

₹241

at current GMP

Subscribed

13.50x

overall

Open

17 Feb 2023

21 Feb 2023

Allotment

24 Feb 2023

Refund

25 Feb 2023

Demat Credit

26 Feb 2023

Listing

1 Mar 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Sealmatic India Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

24 Feb 2023

Basis finalization

Refunds Initiate

25 Feb 2023

Mandate release

Demat Credit

26 Feb 2023

Shares in demat

Listing Debut

1 Mar 2023

Trading begins

How to Check Sealmatic India Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Sealmatic India Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Sealmatic India Limited Public Issue & Market Profile

Sealmatic India Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹56.24 Crores. The shares are offered at a price band of ₹220 to ₹225 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,35,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-02-26, while un-allotted funds or UPI block mandates will be released on 2023-02-25.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.