Sellowrap Industries Ltd Company Summary

Sellowrap Industries Ltd Summary

The Business in automobile industry has been established for four decades. Sellowrap Industries Limited, has gone through all stages from being Proprietorship formed by Mr. Sushil Kumar Poddar, father of Mr. Saurabh Poddar in year 1983. Further, On May 06, 1992, Mr. Sushil Kumar Poddar formed a partnership firm under the name M/s. Sellowrap Manufacturing Company through a Partnership Agreement. The firm was engaged in the manufacturing and distribution of automotive components and related products at Gurugram. However, Company was incorporated on April 06, 2004, as a Private Limited Company in the name of Sellowrap Manufacturing Private Limited with the Registrar of Companies, Maharashtra, Mumbai, which acquired the entire running business of M/s. Sellowrap Manufacturing Company as a going concern dated July 01, 2004. Subsequently, the name of Company was changed from Sellowrap Manufacturing Private Limited to Sellowrap Industries Private Limited on February 16, 2011. Further, Company was converted from Private Limited to Public Limited and the name of the Company was changed from Sellowrap Industries Private Limited to Sellowrap Industries Limited on October 15, 2024 by the Central Processing Centre.Sellowrap Industries Limited is a manufacturing company, headquartered in Mumbai, specializing in the production of customized components for automotive and white goods industries. Operating in the B2B sector, it offer both adhesive and non-adhesive processed components, delivering solutions on emphasizing quality, cost-efficiency and customer value. With more than four decades of experience, the SK Group, comprising the Holding Company, its Promoter Company M/s. Saurabh Marketing Private Limited, its Associate company M/s. Sellowrap EPP Private Limited and Group Companies M/s. Prystine Food & Beverages Private Limited & M/s. Proton Consultancy Services Private Limited has established itself in diverse industries. Company has been serving major Original Equipment Manufacturers (OEMs) in India and abroad, by manufacturing components from a wide range of foam and plastic grades.In 2006, the Company acquired a controlling shareholding in Sellowrap EPP Private Limited, making it an Associate Company. In 2018, it commissioned the Ranipet Plant, commissioned the Chakan Plant at Pune in 2021. The Company is taking steps by moving to a facility in Pune to enhance capacity and capabilities. Additionally, it is consolidating operations in Gurugram by developing new, innovative Special Purpose Machines (SPMs) in 2024-25.Company launched the initial public offering of 36,48,000 equity shares of Rs 10 each by raising Rs 30.27 Cr. through fresh issue in July, 2025.