Sellowrap Industries IPO
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Schedule of Sellowrap Industries
| Issue open date | 25 Jul 2025 |
| Issue close date | 29 Jul 2025 |
| UPI mandate deadline | 29 Jul 2025 (5 PM) |
| Allotment finalization | 30 Jul 2025 |
| Refund initiation | 31 Jul 2025 |
| Share credit | 31 Jul 2025 |
| Listing date | 01 Aug 2025 |
| Mandate end date | 14 Aug 2025 |
| Lock-in end date for anchor investors (50%) | 29 Aug 2025 |
| Lock-in end date for anchor investors (remaining) | 28 Oct 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Sellowrap Industries
Incorporated in 1983, Sellowrap Industries Limited is a manufacturing company specializing in adhesive and non-adhesive processed components for the automotive, non-automotive and white goods industries. The company operates four manufacturing units in Gurugram, Ranipet, Kancheepuram, and Pune, equipped with advanced technology. These units are supported by centralized R&D and warehousing facilities, ensuring that all products adhere to global quality standards.
Financials of Sellowrap Industries
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹30.28 crores |
| Fresh Issue | ₹30.28 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital Expenditure towards purchase of Plant & Machinery, Infrastructure Development and Other Auxiliary Equipments | 12.40 (40.9%) |
| Funding the Working Capital Requirements of the Company | 10 (33.02%) |
| General corporate purposes |
Strengths
- Focus on quality control, safety and the track of zero defects
- Diversified product portfolio, catering to both automotive, non-automotive and white goods industries
- Long-term relationship with marquee domestic and global Original Equipment Manufacturers(OEMs)
- Integrated manufacturing facilities and In-house R&D team, enabling precision production and meeting the stringent requirements of the industry
- Over four decades of experience in the automotive components’ industry, offers operational and market knowledge advantage
- Consistent growth in revenue and profitability
Risks
- Customer concentration with top 10 contributing over 74% of revenue(FY25)
- Legal proceedings, if resolved unfavorably may impact financials and growth
- High reliance on Tamilnadu, Maharashtra, Haryana and Karnataka, accounting for over 87% of revenue(FY25), makes the business vulnerable to regional disruptions
- Absence of long-term contractual relationship with suppliers
- Highly competitive industry and reliance on third-party logistics providers