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Sellowrap Industries: Sellowrap Industries shares get listed at 8.43% premium!

News by Aliceblue News Desk

01 Aug 2025

Sellowrap Industries: Sellowrap Industries shares get listed at 8.43% premium!

Content

Sellowrap Industries made a fair stock market debut, listing at ₹90 on NSE SME, 8.43% above its ₹83 issue price. The IPO was open from July 25 to 29, with allotment finalized on July 30, 2025.

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Sellowrap Industries IPO details

Sellowrap Industries’ IPO was subscribed 65.09 times overall, with retail investors subscribing 68.74 times, QIBs 18.76 times, and non-institutional investors leading with 117.81 times, reflecting strong participation across all investor categories during the subscription period.

About Sellowrap Industries

Sellowrap Industries Ltd., established in 1983, manufactures adhesive and non-adhesive components for automotive and white goods sectors. With four advanced units, it serves 15 Indian states and exports to countries including Brazil, China, Germany, Poland, and the UK.

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Sellowrap Industries IPO objective

The objective of Sellowrap Industries’ IPO was to raise ₹30.28 crore through a fresh issue of 36.48 lakh equity shares, aimed at funding business operations, expansion plans, working capital requirements, and other general corporate purposes.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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