Latest news with #SellowrapIndustries
Mint
an hour ago
- Business
- Mint
Sellowrap Industries IPO allotment expected today: Here's how to check status
Sellowrap Industries IPO allotment in focus: The allotment for Sellowrap Industries is expected to be finalized today, July 30. Investors can check their allotment status through the registrar, Purva Sharegistry India, or the NSE website. The IPO, which was open for bidding from July 25 to July 29, saw a robust response from investors, being subscribed 65 times. Specifically, the non-institutional investor (NII) segment was oversubscribed 187 times, while the retail portion was oversubscribed 68 times and the QIB was booked at 18 times. The IPO price was set at ₹ 83 per share. Given the high level of retail oversubscription, shares will be allocated to retail individual investors (RIIs) on a proportional basis. Those who do not receive an allotment can expect the refund process to start on July 11, 2025. Step 02: Choose IPO Name 'Sellowrap Industries' from the drop-down menu bar. Step 03: Pick one of all three options to check the status: Application No., Demat Account, or PAN. Step 04: Click on the 'Search' button. Step 05: Your Sellowrap Industries IPO allotment status will be displayed on the screen (desktop/mobile). Step 2: Log in with your credentials. Step 3: Select Sellowrap Industries, enter your PAN details and application number, and click 'Submit.' Sellowrap Industries Limited is a manufacturing company, headquartered in Mumbai, specializing in the production of customized components for the automotive, non-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 maximum customer value. The company has been serving major Original Equipment Manufacturers (OEMs) in India and abroad by manufacturing components from a wide range of foam and plastic grades. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Economic Times
5 days ago
- Business
- Economic Times
Sellowrap Industries IPO opens today; Check all details here
Sellowrap Industries launches its Rs 30.28 crore IPO today, priced at Rs 79-83 per share, aiming for NSE SME listing on August 1. Synopsis Sellowrap Industries is launching its initial public offering today. The IPO aims to raise funds for expansion and working capital. The price band is Rs 79-83 per share. The IPO will remain open until July 29. Listing on NSE SME is scheduled for August 1. The company manufactures auto parts and supplies to domestic and global markets. Auto parts maker Sellowrap Industries will open its Rs 30.28 crore IPO today with a price band of Rs 79–83 per share. The issue is entirely a fresh issue of 36.48 lakh equity shares and will close on July 29. Listing is slated for August 1 on NSE SME. ADVERTISEMENT The lot size is 1,600 shares, requiring a minimum investment of Rs 2,65,600 for retail investors. The IPO is witnessing modest demand in the unofficial market, with a grey market premium (GMP) of around Rs 14, implying a potential 17% listing gain. Proceeds from the fresh issue will be used for capital expenditure towards purchase of plant and machinery, infrastructure development and other auxiliary equipment. The funds will also be deployed for funding the working capital requirements of the company and general corporate purposes. Sellowrap, founded in 1983, manufactures plastic injection moulding parts, PU foam mouldings, labels, and sealing components for the automotive and white goods company has four manufacturing facilities in Gurugram, Pune, Ranipet, and Kancheepuram and supplies to marquee OEMs domestically and globally. It exports to Brazil, Germany, the UK, and other key markets. ADVERTISEMENT In FY25, the company clocked a revenue of Rs 163.3 crore, up 17% YoY, and net profit grew 68% to Rs 9.97 crore. Gretex Corporate Services is the book-running lead manager of the Sellowrap Industries IPO, while Purva Sharegistry India is the registrar. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Time of India
5 days ago
- Automotive
- Time of India
Sellowrap Industries IPO opens today; Check all details here
Auto parts maker Sellowrap Industries will open its Rs 30.28 crore IPO today with a price band of Rs 79–83 per share. The issue is entirely a fresh issue of 36.48 lakh equity shares and will close on July 29. Listing is slated for August 1 on NSE SME. Sellowrap Industries IPO GMP Explore courses from Top Institutes in Please select course: Select a Course Category Cybersecurity Public Policy Finance Healthcare Digital Marketing Others Design Thinking healthcare Degree PGDM Operations Management Product Management Artificial Intelligence CXO Data Science MBA Technology others Leadership Management Data Science Project Management MCA Data Analytics Skills you'll gain: Duration: 10 Months MIT xPRO CERT-MIT xPRO PGC in Cybersecurity Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More Undo The lot size is 1,600 shares, requiring a minimum investment of Rs 2,65,600 for retail investors. The IPO is witnessing modest demand in the unofficial market, with a grey market premium (GMP) of around Rs 14, implying a potential 17% listing gain. Proceeds from the fresh issue will be used for capital expenditure towards purchase of plant and machinery, infrastructure development and other auxiliary equipment. The funds will also be deployed for funding the working capital requirements of the company and general corporate purposes. Company profile: Sellowrap, founded in 1983, manufactures plastic injection moulding parts, PU foam mouldings, labels, and sealing components for the automotive and white goods sectors. Live Events The company has four manufacturing facilities in Gurugram, Pune, Ranipet, and Kancheepuram and supplies to marquee OEMs domestically and globally. It exports to Brazil, Germany, the UK, and other key markets. In FY25, the company clocked a revenue of Rs 163.3 crore, up 17% YoY, and net profit grew 68% to Rs 9.97 crore. Gretex Corporate Services is the book-running lead manager of the Sellowrap Industries IPO, while Purva Sharegistry India is the registrar.
