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").
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
25-Jul-2025
29-Jul-2025
₹ 83.00
₹ 0.00
Minimum Application for shares in Nos : 1600.0
Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
25.98
Gretex Corporate Services Ltd
Project Financed through Current Offer
30.28
Post Issue Equity Share Capital
13.74
Issue Price
₹83.00
Projects
Capital expenditure towards purchase of plant and machinery, infrastructure development and other auxiliary equipments
Funding the working capital requirements of the company