Sellowrap Industries Ltd IPO
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Sellowrap Industries Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 36.48 L | TBA | TBA | ₹ 93.06 L | NSE | ₹ 30.28 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
25 Jul, 25 | 29 Jul, 25 | 1600 | ₹ 1,26,400 | Book Building - SME | 01 Aug, 25 |
Sellowrap Industries Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Auto Ancillaries |
Sub Sector | NA |
Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 0 | 0 |
NII | 0x | 0 | 0 |
Retail | 0x | 0 | 0 |
Employee | 0x | 0 | 0 |
Total | 0x | 3648000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Sellowrap Industries Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 138.02 | 131.77 | 77.91 |
EBITDA | 17.31 | 12.08 | 7.95 |
PAT | 4.55 | 2.60 | -0.19 |
Total Assets | 48.59 | 45.18 | 32.51 |
Share Capital | 9.49 | 9.49 | 9.49 |
Total Borrowings | 35.40 | 31.49 | 25.95 |
Operating Activities (Net Cash) | 10.08 | 6.76 | 3.65 |
Investing Activities (Net Cash) | 10.41 | 10.23 | 9.74 |
Financing Activities (Net Cash) | 35.40 | 31.49 | 25.95 |
Net Cashflow | 0.08 | 0.16 | 0.18 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Sellowrap Industries Ltd
Our Business in automobile industry has been established for four decades. Our Company, Sellowrap Industries Limited, has gone through all stages from being Proprietorship formed by Sushil Kumar Poddar, father of Saurabh Poddar in the year 1983. Further, On May 06, 1992, Sushil Kumar Poddar formed a partnership firm under the name Sellowrap Manufacturing Company through a Partnership Agreement. The firm was engaged in the manufacturing and distribution of automotive components and related products at Gurugram. However, our Company was incorporated on April 06, 2004, as a Private Limited Company in the name of Sellowrap Manufacturing Private Limited under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai, which acquired the entire running business of Sellowrap Manufacturing Company on a going concern basis, along with all its revalued assets and liabilities, through a Business Transfer Agreement dated July 01, 2004. Subsequently pursuant a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on January 24, 2011, the name of our Company was changed from Sellowrap Manufacturing Private Limited to Sellowrap Industries Private Limited and a Fresh Certificate of Incorporation pursuant to change in name was issued on February 16, 2011, by the Deputy Registrar of Companies, Maharashtra, Mumbai. Further, pursuant to a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on August 30, 2024, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed from 'Sellowrap Industries Private Limited' to `Sellowrap Industries Limited' and a Fresh Certificate of Incorporation consequent to Conversion was issued on October 15, 2024 by the Central Processing Centre. The Corporate Identification Number of the Company is U25202MH2004PLC145548.
The automotive component industry is an important sector of the Indian economy and a major foreign exchange earner for the country. There are around 400 major players in the auto component sector. Most of them are distributed in the north, south, and western parts of India around major Automotive Vehicle Manufacturers (AVMs).
Sellowrap Industries Limited is a manufacturing company, headquartered in Mumbai, specializing in the production of customized components for the automotive and white goods industries. Operating in the B2B sector, we offer both adhesive and non-adhesive processed components, delivering solutions that emphasize quality, cost-efficiency and customer value.
Peer Comparison:
- Machino Plastics Ltd
- PPAP Automotive Ltd
Sellowrap Industries Ltd IPO Key Points
Strengths
- We heavily rely on the Automobile Sector's performance.
- Raw material fluctuations can negatively impact us.
- Reduced product demand may harm business.
- Manufacturing disruptions could affect operations.
- Machinery breakdowns may delay product delivery.
Risk
- The company is heavily dependent on the performance of the Automobile Sector.
- Its business depends on the smooth operation of the company manufacturing facilities and workforce availability, with any disruptions such as strikes, equipment failures, or regulatory changes potentially impacting its financial condition and operational results.
- Delay in delivery of the products due to breakdown of machinery.
Strategy
- Sustainability Strategy - Our Commitment to ESG Goals.
- Expansion Strategy: Organic & Inorganic Growth with Geographical Expansion.
- Emphasizes Diversification and Value-Added Product Offerings.
- Actively participating in industry exhibitions, trade fairs, and expos to enhance our brand visibility and expand our network.
- Aim to establish long-term agreements that foster collaboration.
- We heavily rely on the Automobile Sector's performance.
- Raw material fluctuations can negatively impact us.
- Reduced product demand may harm business.
- Manufacturing disruptions could affect operations.
- Machinery breakdowns may delay product delivery.
How To Apply for Sellowrap Industries Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.