IPO Details
Bidding Dates
25 Jul 25 - 29 Jul 25
Lot Size
3200
Price Range ₹
79 - 83
Exchange Status
NSE
Total Equity
₹ 30.28Cr
IPO Doc
IPO Timeline
Offer start
25 Jul 2025
Offer end
29 Jul 2025
Allotment
30 Jul 2025
Refund initiation
31 Jul 2025
Demat transfer
31 Jul 2025
Listing
01 Aug 2025
Offer start
25 Jul 2025
Offer end
29 Jul 2025
Allotment
30 Jul 2025
Refund initiation
31 Jul 2025
Demat transfer
31 Jul 2025
Listing
01 Aug 2025
About Company
Sellowrap Industries Limited, incorporated in 1983, specializes in manufacturing components for the automotive and white goods sectors, offering both adhesive and non-adhesive solutions with a focus on quality, cost-effectiveness, and customer value. The company’s product range includes: Plastic Injection Moulded Parts (interior and exterior) PU Foam Moulding Foam Products, Labels & Stickers Screen Sealing Parts EPP Moulding Sellowrap operates four advanced manufacturing facilities located in Gurugram, Ranipet, Kancheepuram, and Pune. These facilities are backed by centralized R&D and warehousing infrastructure, ensuring products that meet global quality standards. Domestically, the company serves customers across 15 Indian states, including Andhra Pradesh, Delhi, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Puducherry, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, and Uttarakhand. On the international front, Sellowrap exports its products to countries such as Brazil, China, Germany, Poland, and the United Kingdom.
Year Founded
06-04-2004
Promotor Details
Sushil Kumar Poddar
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 92.02 | 0 |
| Share Capital | 9290320 | 0 |
Offer to Public
36,48,000.00 Cr
Project Details
- Capital Expenditure towards purchase of Plant & Machinery, Infrastructure Development and Other Auxi - 121.241cr
- Funding the Working Capital Requirements of the Company - 269.097cr
Objectives
- a) Capital Expenditure towards Purchase of Plant & Machinery, Infrastructure Development and Other Auxiliary Equipments.b) Funding the Working Capital Requirements of the Company.c) General Corporate Purposes.
Highlights
- Revenue up 17%, and PAT up 68% YoY in FY25 shows efficient scaling and profit conversion.
- ROE (21.25%) and ROCE (18.86%) indicate strong return generation on capital and equity.
- Serves both automotive and non-automotive segments with a wide component mix, reducing dependency on one segment.
- Active in multiple countries including Germany and UK, expanding its market reach and reducing domestic dependency.
- Modern facilities and centralized R&D enhance product quality, efficiency, and innovation capability.
Challenges
- With ₹163 Cr revenue and ₹114 Cr market cap, the company remains a small player in a competitive manufacturing industry.
- Over 75% of the workforce is contractual, which could raise concerns about skill retention and quality consistency.
- At 13.74%, margins are fair but leave limited cushion in a cost-sensitive manufacturing environment.
- Exposure to automotive and white goods makes the company vulnerable to sector-specific demand cycles.
- IPO proceeds (mainly ₹22.4 Cr) may not be transformative, limiting immediate scalability or strategic advantage.
