Sealmatic India Ltd. has announced public offering of 2499600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 215.00 per share. The gross proceeds of the issue are expected to be Rs 5,624.10 lakhs.

The company's initial public offer (IPO) will open on 17 February 2023 and is expected to close on 21 February 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 220.00-225.00 per share.

The IPO includes a fresh Issue of 2499600 Equity Shares of the Company at an price of Rs 225.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Sealmatic India Ltd. anticipates using the proceeds of the issue for .

ISK ADVISORS PRIVATE LIMITED as lead manager & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.