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.
Sealmatic India SME IPO Subscription Status Live
Last Data Updated on 21st February 2023, 06:00 PM (Refresh Page)
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Sealmatic India SME IPO Dates & Price Band :
|IPO Open:||Feb 17, 2023|
|IPO Close:||Feb 21, 2023|
|IPO Size:||Approx ₹56.24 Crores|
|Price Band:||₹220 to ₹225 per share|
|Listing on:||BSE SME|
|Retail Portion:||Not less than 42% of the Offer|
|Equity:||2,499,600 Equity Shares|
|Face Value:||₹10 Per Equity Share|
Sealmatic India SME IPO Market Lot:
- Shares: 2,499,600 Shares
- Minimum Amount: ₹135,000
- Maximum Amount: ₹135,000
Sealmatic India SME IPO Allotment & Listing:
- Basis of Allotment: Feb 24, 2023
- Refunds: Feb 27, 2023
- Credit to Demat accounts: Feb 28, 2023
- Listing: Mar 01, 2023
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