Sellowrap Industries IPO

About Sellowrap Industries IPO

A 100% book-built offer, the IPO of Sellowrap Industries Ltd consists only of a fresh issue of up to 36,48,000 equity shares of face value of ₹10 each. There is no offer for sale in this IPO. The price band is ₹79 to ₹83 and the lot size is 1600 shares. The company specialises in the production of customised components for the automotive, non-automotive and white goods industries.

The IPO opening date is July 25, 2025. The closing date is July 29, 2025. The listing date is August 1, 2025. The IPO allotment date is July 30, 2025. The initiation of refunds will take place on July 31, 2025.

Operating in the B2B sector, Sellowrap offers both adhesive and non-adhesive processed components, delivering solutions that emphasize quality, cost-efficiency, and maximum customer value. Sellowrap Industries Limited has been serving major Original Equipment Manufacturers (OEMs) in India and abroad, by manufacturing components from a wide range of foam and plastic grades.

Objectives of Sellowrap Industries IPO

• Capital expenditure towards purchase of plant and machinery, infrastructure development and other auxiliary equipment
  
• Funding the working capital requirements of the company
  
• General corporate purposes
  

Industry Outlook

The Indian automobile industry has historically been a good indicator of how well the economy is doing, as the automobile sector plays a key role in both macroeconomic expansion and technological advancement. The Indian passenger car market was valued at US$ 32.70 billion in 2021, and it is expected to reach a value of US$ 54.84 billion by 2027 while registering a CAGR of over 9% between 2022-27.

On the other hand, the electric vehicle (EV) market is estimated to reach US$ 7.09 billion in India by 2025. A report by the India Energy Storage Alliance estimated that the EV market in India is likely to increase at a CAGR of 36% until 2026. Also, India’s Plastic Moulding (PU) market was valued at USD 45.13 million in 2024 and is expected to reach USD 53.64 million by 2030 with a CAGR of 3.12% during the forecast period.

Company Information

Sellowrap Industries Ltd specialises in the production of customised 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 emphasise quality, cost-efficiency, and maximum customer value.

With a digital presence, robust brand recall and a commitment to delivering value, Sellowrap Industries Ltd remains a partner in the global automotive supply chain, continuously driving innovation.

Strengths of Sellowrap Industries IPO

• Focus on Quality Control, Safety and Zero Defects
  
• Comprehensive Portfolio of Components
  
• Long-Term Relationships with Marquee Domestic and Global OEMs
  
• Integrated Manufacturing Facility
  
• Consistent Financial Performance
  
• In House Research & Development Team
  
• Experienced and Qualified Team of Professionals Delivery Excellence
  
• Prioritising Safeguarding Sensitive Information and Maintaining Robust Cybersecurity Measures
  

Risks of Sellowrap Industries IPO

• Dependent on the Performance of the Automotive Sector
  
• Disruption in Smooth Operations of Manufacturing Facilities
  
• Delay in Delivery of the Products Due to Breakdown of Machinery
  
• Dependence on Top 10 Customers for Revenues
  
• Risk of Unsustainability of PAT Margin Increase in FY 24 and FY 25
  
• High Debt-Equity Ratio
  
• Exposure to Execution Risks and Liability Towards Labourers Under Indian Laws
  

Anchor Investor Bidding Date

Anchor portion of the IPO will be open for bidding on July 24, 2025.

• IPO Registrar: Purva Sharegistry (India) Pvt Ltd
• Book Running Lead Manager: Gretex Corporate Services Ltd

Business Model

Headquartered in Mumbai, Sellowrap Industries Ltd’s diverse product range includes:

• Plastic Injection Moulding Parts (Interior & Exterior Parts)
• PU-Foam-Moulding
• Foam / Label & Stickers Products
• Screen Sealing Parts
• EPP Moulding

The company’s diverse product line-up reinforces its reputation for providing versatile, reliable and sustainable solutions to its customers.

Company Growth Trajectory

Sellowrap’s total revenue jumped from ₹131.7650 crores in FY 23 to ₹162.4501 crores in FY 25. Its EBITDA margin increased from 6.69% in FY 23 to 13.74% in FY 25. On the other hand PAT margin increased from 2.17% in FY 23 to 6.14% in FY 25. Focus on quality control coupled with a comprehensive product portfolio has boosted the company’s growth over the years.

Market Position

With manufacturing facilities operating at Gurugram, Ranipet, Kancheepuram, and Pune spread across approx. 5 acres of cumulative production area, on the domestic front, Sellowrap has made significant inroads into various states and have a customer base in the 15 states earning the highest revenue from Haryana, Karnataka, Maharashtra and Tamil Nadu.

The company has established a presence in the international market too with its global footprint extending in countries like Brazil, China, Germany, Poland and the UK.

How to Check Allotment Status of Sellowrap Industries IPO?

1. Visit the Registrar’s Website

• Visit the website of Purva Sharegistry (India) Pvt Ltd
• Choose ‘IPO Allotment Query’ from ‘Investor Service’ dropdown
• Select ‘Company Name’, put your ‘Application Number’ or ‘PAN’ and click on ‘Submit’ to know the status

2. Verify on National Stock Exchange Website

The National Stock Exchange (NSE) has an IPO Bid Verification module. You can use it to check the status of Sellowrap Industries Ltd IPO. Go to www.nseindia.com and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'. On the NSE IPO Bid Verification page, enter:

• Company name from dropdown
• Application number
• PAN

Then click 'Submit' to know the allotment status.

How to Apply for Sellowrap Industries IPO?

• Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.