
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
+7.1%
Est. Listing
₹241
at current GMP
Subscribed
13.50x
overall
Open
17 Feb 2023
Close
21 Feb 2023
Allotment
24 Feb 2023
Refund
25 Feb 2023
Demat Credit
26 Feb 2023
Listing
1 Mar 2023
Overall Subscription
13.50x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,249,778 | — | 0.00x |
| Non-Institutional (NII / HNI) | 374,933 | — | 0.00x |
| Retail Individual (RII) | 874,844 | — | 0.00x |
| Total | 2,499,555 | 0 | 13.50x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,458 | 19,683 | 13.50x |
| HNIs (10L +) | 9 | 122 | 13.56x |
| HNIs (2-10L) | 45 | 608 | 13.51x |
| Total Applications | 1,512 | 20,413 | 13.50x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Sealmatic India Limited IPO is ₹16 per equity share. Based on the upper price band of ₹220 to ₹225 per equity share, the estimated listing price is ₹241 (+7.1% expected listing gain).
With a lot size of 600 shares and current GMP of ₹16, the expected profit per application lot is approx ₹9,600 (+7.1% gain). Minimum application cost is approx ₹1,35,000.
The Sealmatic India Limited IPO aggregate issue size is ₹56.24 Crores with an equity price band set at ₹220 to ₹225 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,35,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 13.50x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-02-24. Investors can verify status using PAN card or application number.
Sealmatic India Limited shares are scheduled to list on BSE on 2023-03-01.