Sellowrap Industries Limited to Launch IPO on July 25, 2025; Over Four Decades of Automotive Expertise Enters Capital Markets
New Delhi [India], July 22: Sellowrap Industries Limited, a Mumbai-headquartered manufacturing company serving leading OEMs across automotive, white goods, and non-automotive sectors, has announced the opening of its Initial Public Offering (IPO) on July 25, 2025. The issue will close on July 29, 2025, with listing proposed on August 01, 2025 on NSE EMERGE platform. The company's IPO comprises a fresh issue of 36,48,000 Equity Shares.
Founded as a proprietary firm in 1983 by Mr. Sushil Kumar Poddar and formally incorporated as a private limited company in 2004, Sellowrap Industries has evolved over four decades into a trusted manufacturer of both adhesive and non-adhesive processed components. With a diversified customer base of major domestic and global OEMs, the company operates across Gurugram, Ranipet, Kancheepuram, and Pune, covering approximately 5 acres of cumulative production space.
The IPO is priced in a band of ₹79 to ₹83 per share, and the minimum application lot size is 3200 equity shares. The allocation will be made in accordance with SEBI guidelines, with 6,91,200 shares reserved for Qualified Institutional Buyers (QIBs), 5,23,200 shares for Non-Institutional Investors (NIIs), 12,16,000 shares for Retail Individual Investors (RIIs), and 182400 shares for Market Makers. The Anchor Book will open on July 24, 2025, ahead of the public issue. There are 10,35,200 shares reserved for Anchor.
With a well-integrated business model, in-house R & D capabilities, and advanced facilities for foam and plastic component production, Sellowrap delivers solutions that prioritize cost-efficiency, innovation, and global quality compliance. The company forms part of the SK Group, which also includes M/s Saurabh Marketing Pvt. Ltd., Sellowrap EPP Pvt. Ltd., Prystine Food & Beverages Pvt. Ltd., and Group Company Proton Consultancy Services Pvt. Ltd.
The Company's Promoter and Managing Director, Mr. Saurabh Poddar, stated, "This IPO is not just a financial milestone but a strategic enabler for our future. With over four decades of domain knowledge, we are ready to scale and innovate further, deepening our footprint in both Indian and global markets while continuing to serve OEMs with quality, precision, and value."
Mr. Alok Harlalka, Managing Director ofGretex Corporate Services Limited, the Book Running Lead Manager to the issue, said, "Sellowrap represents a compelling growth story rooted in legacy and innovation. With its robust presence in OEM supply chains and a proven manufacturing track record, the company is well-positioned to create long-term value for investors."
Mr. Sumit Harlalka, Director at Gretex, added, "The company's customer-centric approach, diversified portfolio, and strong focus on operational excellence make it a standout player in the components manufacturing space. We are proud to partner with them on this important capital market journey."
The net proceeds from the fresh issue will be used for funding capital expenditure towards plant and machinery, Infrastructure Development and Other Auxiliary Equipment, working capital requirements, and general corporate purposes, strengthening Sellowrap's operational capacity and competitiveness.
The Book Running Lead Manager to the issue is Gretex Corporate Services Limited, and the Registrar to the Offer is Purva Sharegistry (India) Private Limited. For more information, please visit: www.sellowrap.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
28 minutes ago
- Time of India
Modi attends Maldives' Independence Day as Guest of Honour, first Indian Prime Minister to do so
New Delhi: Prime Minister Narendra Modi on Saturday attended the 60th Independence Day celebrations of the Maldives as the Guest of Honour. This is the first time an Indian Prime Minister has joined the Maldives' Independence Day festivities. Modi is also the first foreign Head of State or Government to be hosted by President Mohamed Muizzu for the occasion. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Data Science Cybersecurity healthcare PGDM Others Design Thinking Product Management Management Finance Technology others Operations Management Artificial Intelligence CXO Healthcare Project Management MBA Leadership Digital Marketing Data Analytics Degree MCA Public Policy Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details Accompanied by President Muizzu, Modi witnessed the Independence Day parade at Republic Square. The celebrations featured a colourful march by the Maldivian National Defence Force and other local units, along with cultural performances highlighting the country's achievements as a modern nation. Extending warm greetings to the government and people of the Maldives, Modi lauded their hospitality and said his participation as Guest of Honour underscored the growing warmth in bilateral ties. The visit comes as India and the Maldives mark 60 years of diplomatic relations in 2025. Later, Modi met leaders from various Maldivian political parties, noting that their participation reflected bipartisan support for the "strong and time-tested friendship" between the two nations. External Affairs Minister S. Jaishankar, Foreign Secretary Vikram Misri, National Security Advisor Ajit Doval and other senior officials were present. The Prime Minister also held talks with former Maldivian President Mohamed Nasheed, assuring him of India's continued support to Male through capacity building and development cooperation. Modi praised Nasheed as a steadfast advocate of deeper friendship between India and the Maldives.
Hindustan Times
an hour ago
- Hindustan Times
Indian man offered $150K job in US questions relocating solely for kids' education: ‘Is it really worth it?'
An Indian man's dilemma over whether to relocate to the United States for his children's education has sparked a thoughtful discussion on Reddit. The post, shared by the user under the title 'Is it worth relocating to USA from India?', highlights his concerns about leaving behind a settled and financially secure life in India in pursuit of potential educational opportunities for his children in the US. An Indian man on Reddit sought advice on relocating to the US for his kids' education.(Representational image/Unsplash) 'Settled in India, but is it enough?' The man, who is in his 40s, shared that he has a homemaker wife and two children currently studying in the 9th and 7th grades. He revealed that his company has offered him an internal transfer to Dallas, USA, under the L1A/EB1 visa programme with a annual salary of $150,000. However, his decision isn't driven by money. 'I am thinking to take this opportunity to give better education for my kids (not money), however I am afraid, whether it really help the kids or it will create big problem in future,' he wrote. 'I settled in India with own house without any loans. Is it really worth to relocate purely for kids education only?' Mixed reactions from Reddit users The post, shared by user @Grouchy-Leg1641, prompted several responses from fellow Redditors, many of whom offered their own perspectives and shared similar personal experiences. One Redditor empathised with his uncertainty, saying, 'You're already living a stable life. Moving now is a gamble, especially when the kids are in their teens.' Another added, 'Education might be better there, but will your kids adjust? Teenagers hate change.' One user noted, 'The exposure and opportunities in the US are unmatched. If you can afford it without stress, why not?' Another pointed out, '$150K in Dallas is a solid income. With your background and no existing loans, you'll still have stability.' Some questioned the necessity of the move altogether. 'Indian education is not bad if you guide your kids well,' one user said. Another commented, 'Moving for education is noble, but think long term—social security, healthcare, family support.'
Time of India
an hour ago
- Time of India
KL Rahul completes 9000 runs in international cricket
Indian batter KL Rahul continues his stellar form in the ongoing Anderson-Tendulkar Trophy as he completes 9000 runs in international cricket across all formats on Saturday. He achieved his feat in his outing against the Three Lions in the fourth test at Manchester. He has scored 9,050 runs in 219 matches at an average of 40.04, with 19 centuries and 58 fifties in 256 innings. Explore courses from Top Institutes in Please select course: Select a Course Category Project Management Degree Digital Marketing Artificial Intelligence PGDM Cybersecurity others Data Analytics Healthcare Data Science Operations Management Product Management Public Policy Technology Data Science MCA Finance Leadership healthcare Management MBA Design Thinking CXO Others Skills you'll gain: Project Planning & Governance Agile Software Development Practices Project Management Tools & Software Techniques Scrum Framework Duration: 12 Weeks Indian School of Business Certificate Programme in IT Project Management Starts on Jun 20, 2024 Get Details Skills you'll gain: Portfolio Management Project Planning & Risk Analysis Strategic Project/Portfolio Selection Adaptive & Agile Project Management Duration: 6 Months IIT Delhi Certificate Programme in Project Management Starts on May 30, 2024 Get Details During this series, he has smashed 451 runs, in four Tests, at an average of 64.42, with two centuries and fifty each. India is already trailing 2-1 in the five-match series. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trekking pants for mountain sports and adventure travel Trek Kit India Shop Now Undo With England looking strong at home and India now facing fresh injury worries, the visitors will have to dig deep and produce something special to stay alive in the contest. Coming to the fourth test, after an early jolt just before Lunch, India found stability in the second session of Day 4, thanks to a composed partnership between skipper Shubman Gill and opener KL Rahul. Live Events The duo ensured there were no further hiccups as India went into Tea at 86/2 in the Manchester Test on Saturday Gill, who looked in fine touch, notched up his eighth Test fifty and fourth against England off 77 deliveries. His innings has been laced with eight delightful boundaries, showing great control and intent at the crease. He is batting on 52 off 80 deliveries. Rahul also completed 1000 Test runs in England, becoming only the fifth Indian to do so after legends like Sachin Tendulkar, Rahul Dravid, Sunil Gavaskar, and Virat Kohli. With 1575 runs, Tendulkar is in first place, followed by Dravid (1376), Gavaskar (1152), and Kohli (1096). Now, Rahul joins this elite list, marking another solid milestone in his career. Brief Scores: India 358 & 86/2 (Shubman Gill 52*, KL Rahul 30*; Chris Woakes 2/25) vs England 669 (Joe Root 150, Ben Stokes 141, Ravindra Jadeja 4/143).
