Sellowrap Industries Limited, formerly known as Sellowrap Industries Private Limited, is a Mumbai-based B2B manufacturing company engaged in producing customised adhesive and non-adhesive processed components. Their key focus sectors are automotive and white goods, serving both Indian and international OEM clients.

This IPO is a book built issue of ₹30.27 crore, consisting entirely of a fresh issue of 36.48 lakh shares. There is no Offer for Sale (OFS) component, which means the proceeds will directly benefit the company for its business expansion and operations.

The IPO opens for subscription from July 25 to July 29, 2025. The allotment is expected on July 30, and shares are set to be listed on NSE SME on or about August 1, 2025.

IPO Details at a Glance

Anchor Investment

Sellowrap raised ₹8.59 crore from Anchor Investors by allotting 10.35 lakh equity shares at the upper band of ₹83 per share in consultation with BRLMs. This allocation was made from the QIB quota.

Grey Market Premium (GMP)

As of July 28, 2025, the GMP of Sellowrap IPO is ₹10, implying a potential listing price of ₹93. This suggests an expected listing gain of 12.05%, although investors should note that GMP is speculative and unofficial.

Live Subscription Status

As per latest data at 12:30 PM on July 28, the IPO has been subscribed 1.73 times on its second day. Final subscription figures will be closely watched on the last day.

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds as follows:

1. ₹12.39 crore towards purchase of plant & machinery, infrastructure development, and auxiliary equipment.

2. ₹10 crore for working capital requirements.

3. Remaining funds for general corporate purposes.

Company Overview & Promoters

The company is promoted by Mr. Sushil Kumar Poddar (32 years of experience) and Mr. Saurabh Poddar (18 years of experience). It operates in the B2B space, producing high-performance components from various foam and plastic grades for major OEMs.

The company has demonstrated consistent operational efficiency and innovation in product customization, contributing to strong relationships with clients.

Financial Performance Overview

The company shows strong revenue and profit growth over three years, reflecting an expansion-driven financial strategy with good returns and capital efficiency.

Allotment Status – How to Check

Investors can check their IPO allotment status from July 30, 2025 onwards using these steps:

1. Visit the Registrar's website – Purva Sharegistry

2. Choose Sellowrap Industries IPO from the dropdown.

3. Enter Application Number / PAN / DP ID.

4. Click Submit to check status.

Should You Apply?

Given the company's:

• Consistent financial growth

• Reasonable valuation metrics

• Strong anchor participation

• GMP suggesting modest listing gains

• And a focus on niche manufacturing for high-demand industries,

We recommend risk-taking investors to apply for listing gains, keeping in mind the high minimum investment threshold of ₹2.65 lakh.

Disclaimer: This review is for informational purposes only. It should not be construed as investment advice. Investors must consult their financial advisors before investing. Past performance is not indicative of future results. Investment in securities is subject to market risks.

The Upcoming IPOs in this week and coming weeks are M&B Engineering, Cash Ur Drive Marketing, Renol Polychem, Jyoti Global Plast, Takyon Networks, Mehul Colours, Aditya Infotech, Sri Lotus Developers & Realty, Lakshmi India Finance, Jyoti Global Plast, B.D. Industries (Pune), Kaytex Fabrics, Umiya Mobile, Repono, NSDL.

The Current active IPO are Shree Refrigerations, Sellowrap Industries, Shanti Gold International, Patel Chem Specialities, Brigade Hotel Ventures, Indiqube Spaces, GNG Electronics, TSC India.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.

Disclaimer: This review is for informational purposes only. It should not be construed as investment advice. Investors must consult their financial advisors before investing. Past performance is not indicative of future results. Investment in securities is subject to market risks.

The Upcoming IPOs in this week and coming weeks are M&B Engineering, Cash Ur Drive Marketing, Renol Polychem, Jyoti Global Plast, Takyon Networks, Mehul Colours, Aditya Infotech, Sri Lotus Developers & Realty, Lakshmi India Finance, Jyoti Global Plast, B.D. Industries (Pune), Kaytex Fabrics, Umiya Mobile, Repono, NSDL.

The Current active IPO are Shree Refrigerations, Sellowrap Industries, Shanti Gold International, Patel Chem Specialities, Brigade Hotel Ventures, Indiqube Spaces, GNG Electronics, TSC India.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.