Sellowrap Industries Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹83
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,32,800
Issue Size
₹30.28 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Sellowrap Industries Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
92.18%
Promoter Holding (Post-Issue)
67.71%
Issue Type
Book Building - SME
ISIN
INE0IJF01013
About the Company
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, it offers both adhesive and non-adhesive processed components, delivering solutions that emphasize quality, cost-efficiency and customer value.
Industry Overview
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).
Company History
The Company's business in automobile industry has been established for four decades. The 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, the 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 its Shareholders passed in the Extra-Ordinary General Meeting held on January 24, 2011, the name of the 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 the 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.
Products & Services
- 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.
Growth 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.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 36,48,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Sellowrap Industries Limited (the "Company" or the "Issuer") for cash at a price of Rs. 83 per equity share including a share premium of Rs. 73 per equity share (the "Offer Price") aggregating to Rs. 30.28 crores ("the Issue"). The offer includes a reservation of upto 1,82,400 equity shares aggregating to Rs. 1.51 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of upto 34,65,600 equity shares aggregating to Rs. 28.77 crores (the "Net Issue").
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- 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.
- 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.
- The company derives a majority portion of its revenue from operations from the company top 10 customers, contributing towards its total gross sales.
- Risk of Unsustainability of PAT Margin Increase in FY 24 and FY 25.