Sellowrap Industries SME: Check IPO Date, Live Subscription and Key Details
Sellowrap Industries Limited, established in 2004 (originally as a proprietary firm in 1983), is a prominent manufacturer of customized components for the automotive, non-automotive, and white goods industries. The company operates in the B2B segment, offering both adhesive and non-adhesive processed components. Their key products include Plastic Injection Moulding Parts (Interior & Exterior), PU-Foam-Moulding, Foam / Label & Stickers Products, Screen Sealing Parts, and EPP Moulding. Sellowrap Industries has a strong market presence domestically across 15 states.
Price Range
₹79.00-83.00
Issue Size
₹28.76 Cr
Lot Size
1,600 shares
IPO Type
NSE SME
GMP
₹5(+6.02%)
Est. Listing Price
₹88
Estimate Profit
₹16,000
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
7.26
P/E Ratio
11.44
RoNW
21.44%
ROE
21.25%
Debt to Equity
0.81
Advertisement
Timeline
IPO Opens
25 Jul
IPO Closes
29 Jul
Allotment
30 Jul
Listing
1 Aug
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 25 July 2025 | Subscription starts |
| IPO Close Date | 29 July 2025 | Subscription ends |
| Allotment Date | 30 July 2025 | Allotment |
| Listing Date | 1 August 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,65,600 |
SHNI (Min) | 3 | ₹3,98,400 |
SHNI (Max) | 7 | ₹9,29,600 |
BHNIAbove ₹10,00,000 | 8 | ₹10,62,400 |
IPO Objectives
- Capital Expenditure towards purchase of Plant & Machinery, Infrastructure Development and Other Auxiliary Equipments.
- Funding the Working Capital Requirements of the Company.
- General Corporate Purposes.
Strengths
- Comprehensive portfolio of customized components for automotive, non-automotive, and white goods industries, offering both adhesive and non-adhesive processed components.
- Long-Term Relationships with Marquee Domestic and Global OEMs (Original Equipment Manufacturers), ensuring stable demand and repeat business.
- Integrated Manufacturing Facilities across Gurugram, Ranipet, Kancheepuram, and Pune, equipped with the latest technology and backed by R&D centers and warehouses, ensuring quality and efficiency.
- Strong focus on quality control, safety, and Zero Defects, adhering to industry standards like IATF 16949:2016, ISO 27001:2013, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
- Consistent Financial Performance with revenue increasing by 17% and profit after tax (PAT) rising by 68% between FY24 and FY25, indicating operational efficiency.
Weaknesses
- Revenue concentration risk due to a limited client base (top 10 customers contributed over 50% of revenue in FY25), making the company vulnerable to the loss of major clients or changes in their purchasing patterns.
- Exposure to fluctuations in raw material prices (plastics, foams, adhesives) which can impact profitability if not effectively managed or passed on to customers.
- Working capital intensive business, as evidenced by significant working capital requirements and utilization of IPO proceeds for this purpose.
- Competition from both organized and unorganized players in the automotive components and white goods industries, which can lead to pricing pressures and impact market share.
- Negative cash flows from investing activities (e.g., -₹28.32 crore in FY25), which may necessitate external funding for capital expenditures and expansion.
Advertisement
Financial Performance
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹ Cr.) | 143.02 | 99.79 | 92.82 |
| Revenue (₹ Cr.) | 163.31 | 139.09 | 133.43 |
| PAT (₹ Cr.) | 9.97 | 5.95 | 2.86 |
| Net Worth (₹ Cr.) | 46.93 | 32.96 | 27.02 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Sellowrap Industries | 1.7 | 11.44 | 21.25% | 46.93 |
| Machino Plastics Ltd. | 2.94 | 18.44 | 13.49% | 54.59 |
| PPAP Automotive Limited | 1.25 | 51.61 | 2.43% | 283 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0x | 0x | 18.76x |
| NII | 3.6x | 6.67x | 117.81x |
| RII | 1.01x | 5.7x | 68.73x |
| Total | 1.28x | 4.29x | 65.09x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 6,91,200 | 1,29,66,400 | 107.62 |
| NII | 5,23,200 | 6,16,38,400 | 511.6 |
| RII | 12,16,000 | 8,35,80,800 | 693.72 |
| Total | 24,30,400 | 15,81,85,600 | 1,312.94 |
Advertisement
Company Details
- Sellowrap Industries Ltd.
- 208, Plot No C 5, Abhishek Building, Dalia Estate, New Link Road, Andheri (W), Mumbai, Maharashtra-400053
- 022 6675 0560
- contact@sellowrap.com
- https://www.sellowrap.com/
Registrar Details
- Purva Sharegistry India Pvt Ltd
- +91-022-23018261/ 23016761
- newissue@purvashare.com
- https://www.purvashare.com/investor-service/ipo-query
Loading comments...