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Sejal Architectural Glass Ltd IPO (Sejal IPO) Detail

June 9, 2008 - June 12, 2008

Sejal IPO is a book built issue of Rs 105.73 crores.

Sejal IPO bidding started from June 9, 2008 and ended on June 12, 2008. The shares got listed on BSE, NSE on July 1, 2008.

Sejal IPO price band is set at ₹105 to ₹115 per share. The minimum lot size for an application is 60 Shares. The minimum amount of investment required by retail investors is ₹6,900.

Saffron Capital Advisors Private Limited is the book running lead manager of the Sejal IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Sejal IPO RHP for detailed information.

Sejal IPO Details

IPO Date June 9, 2008 to June 12, 2008
Listing Date July 1, 2008
Face Value ₹10 per share
Price Band ₹105 to ₹115 per share
Lot Size 60 Shares
Total Issue Size9,194,155 shares
(aggregating up to ₹105.73 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue18,805,845
Share holding post issue28,000,000

Sejal IPO Lot Size

Investors can bid for a minimum of 60 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 60 ₹6,900
Retail (Max) 28 1680 ₹193,200
Lot Size Calculator

Sejal IPO Promoter Holding

Share Holding Pre Issue 77.58%
Share Holding Post Issue 52.11%

About Sejal Architectural Glass Ltd

Incorporated in 1999, Sejal Architectural Glass Limited engaged in the business of processing glass. They have processing facilities for Insulating, Toughened, Laminated glasses and for Decorative Glass as well.

Sejal Architectural have propose to set up a new manufacturing facility for float glass with a capacity of 2,00,750 MT per annum at Jhagadia, Dist. Bharuch, Gujarat. They have already acquired 6,08,540 sq. mts of land for this backward integration project and L&T has been awarded as the contractor for executing the construction and civil works.

The turnover of company in the year 2000-01 was Rs. 408.25 Lacs with the PAT of Rs. 48.24 Lacs. During the year 2006-2007 their turnover has increased to Rs. 3824.04 Lacs and PAT has increased to Rs.277.46 Lacs. Sejal's key clients consists of Reliance, K. Raheja, SP Fabricators, L&T, etc. Company's glass has been used in structures such as Inorbit Mall, Sun Pharma, K. Raheja IT Park in Hyderabad, Bangalore International Airport, Mumbai Airport & Domestic terminal. Company also operates its trading division from its premises named ‘Sejal Encasa’, which is located at Kandivali, Mumbai. This division trades in various in-house brands as well as other manufacturers products. The products traded include tiles, sanitaryware, mirrors, glass, etc. for home and commercial interiors.

The 3 SBUs of Sejal Architectural Glass Limited are:

1. Architectural Glass Solutions
2. Float Glass
3. Sejal Encasa

Company Financials

ParticularsFor the year/period ended (Rs. in lacs)
 30-Sep-0731-Mar-0731-Mar-0631-Mar-0531-Mar-0431-Mar-03
  Total Income2911.533935.683072.162448.382001.691717.07
  Profit After Tax (PAT)248.43278.22222.87262.46169.0420.10

Key Performance Indicator

Objects of the Issue (Sejal IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Setting up of new manufacturing facility for the production of float glass;
2. General Corporate Purposes;
3. Meeting the Public Issue Expenses.


Sejal IPO Subscription Status (Bidding Detail)

The Sejal IPO is subscribed 9.90 times on June 12, 2008 5:00:00 PM. The public issue subscribed 7.98 times in the retail category, 4.26 times in the QIB category, and 33.17 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Company name has been changed to 'Sezal Glass Ltd'

Sejal IPO Prospectus

Sejal IPO Rating

176
3.0
Rating:Rated 3.0 stars
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Sejal IPO Listing Details

Listing Date July 1, 2008
BSE Script Code 532993
NSE Symbol SEZAL
ISIN INE955I01036
Final Issue Price ₹115 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹115.00
₹110.00
₹77.55
₹139.80
₹81.50
NSE
₹115.00
₹130.00
₹77.10
₹134.00
₹78.25

Check IPO Performance…

Sejal Architectural Glass Ltd Contact Details

Sejal Architectural Glass Ltd
201/202, 2nd floor, Abhilasha,
S.V. Road,
Kandivali (W), Mumbai–400 067
Phone: + 91-22-28633384
Email: ipo@sejalglass.co.in
Website: http://www.sejalglass.com

Sejal IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: sagl.ipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html

Sejal IPO - Buy or Not

Sejal IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 2 1 1
Members 0 0 0

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Sejal IPO FAQs

Sejal IPO is a main-board IPO of 9,194,155 equity shares of the face value of ₹10 aggregating up to ₹105.73 Crores. The issue is priced at ₹105 to ₹115 per share. The minimum order quantity is 60 Shares.

The IPO opens on June 9, 2008, and closes on June 12, 2008.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Sejal IPO opens on June 9, 2008 and closes on June 12, 2008.

Sejal IPO lot size is 60 Shares, and the minimum amount required is ₹6,900.

You can apply in Sejal IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sejal IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sejal IPO allotment status.

The Sejal IPO listing date is on July 1, 2008.
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Sejal IPO Message Board

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174 Comments

174. anil |   Link |  Bookmark |June 1, 2009 5:57:38 PM
in sejal glass - amdavadi operated - sab ko fasaya - bad men khud fas gaya - luchhana sardaro hata- haji pan chhe - sebi - sub data hain - sub ki mili bhagat- sab ko kuch milata hain sivay share holder usme bhi retail- india men retail hona pap hain - kyunki sebi aaise operator ka bap hain
173. Pratik vora |   Link |  Bookmark |July 18, 2008 8:18:40 PM
To operator,
where r u going? why should sejal not walking?i have 500 shares on listing about 125rs. wat i m doing ? plz tel me on my email id.pratikvora88@rediffmail.com
172. jigar |   Link |  Bookmark |July 17, 2008 4:33:54 PM
sejal is real smart up and down
171. rajiv |   Link |  Bookmark |July 10, 2008 10:35:42 PM
sell all the stock of sejal it will go down to 50rS.
170. informer |   Link |  Bookmark |July 7, 2008 12:14:12 PM
Today Economic times recommended to buy Sejal.But I believe still Bafna is the best bet.
169. ajay |   Link |  Bookmark |July 5, 2008 12:25:53 AM
i had given advise dont go for sejal and archidply but....no scope for sejal.........i know them very well
168. rajiv |   Link |  Bookmark |July 3, 2008 1:31:10 PM
on monday u can buy this stock at 50
167. SUNIT SETHIA |   Link |  Bookmark |July 3, 2008 12:42:47 PM
Hold this stock till monday it can go 100-110.
166. RAJIV |   Link |  Bookmark |July 3, 2008 12:30:27 PM
KAMIKA how can u say that that it will 200 ++ level
165. kamika |   Link |  Bookmark |July 3, 2008 12:27:26 AM
sejal will touch to 200+ in next 6 sessions pl hold it
164. RAJIV |   Link |  Bookmark |July 2, 2008 8:48:58 PM
some one give me serious comment on sejal as i am holding this stock 5000 SHARE OF Rs115

163. Clever Trader |   Link |  Bookmark |July 2, 2008 8:32:40 PM
Sejal Ne To Paijal (Water) Bhi Nahin Diya. I think this stock will bounce back tomorrow. Just hold on to it.
162. rohit |   Link |  Bookmark |July 2, 2008 2:07:05 PM
some one give me serious comment on sejal as i am holding this stock
161. SUNIT SETHIA |   Link |  Bookmark |July 2, 2008 9:48:36 AM
Buy Sejal Today. It can go 100-110 within 4-5 days.
160. Smart Trader |   Link |  Bookmark |July 2, 2008 8:25:40 AM
hi guys,
Sorry for my earlier recommendations. Please sell off this stock on todays opening as it will hit a lower circuit today.

159. sngarg |   Link |  Bookmark |July 1, 2008 10:48:49 PM
Dear Smart Sir,
Sejal can not go upto 135-160 in two days as with 20 o/o
circuit it can go maximum upto only 117.35 However
GOKUL & ORCHID can be watched tomorrow.
158. chintan |   Link |  Bookmark |July 1, 2008 6:21:32 PM
Hey guys,for god sake do not hold this stock,sell it off.All the buzz around it has gone,it is now trading at 78 rs.Really no one expected it to be in discount on the very first day,so the Omen's are not good.SELL and forget.good luck
157. Smart Trader |   Link |  Bookmark |July 1, 2008 3:04:03 PM
Don't Sell this stock in panic. This stock will give you handsome returns from here. As Mutual Funds & Other Big Brokers have shorted this stock, they will have to cover it today & tomorrow. It will give a sharp bounce from here. Target 135-160 in two days.
156. pecimist |   Link |  Bookmark |July 1, 2008 2:50:01 PM
This is another Bafna, SELL SELL SELL for peace of mind.
155. chintan |   Link |  Bookmark |July 1, 2008 2:27:49 PM
HEY MAN YEH TO 108 PE AA GAYA.SUPER FLOP IPO,HEY FREINDS PLEASE SELL OF YOUR STOCK AND FEEL RELAXED OTHERWISE JAL JAOGE.