Chittorgarh logo
Contact Us   Facebook   Go
IPO
  • IPO Dashboard
  • Current IPO List
  • IPO Calendar
  • Performance Tracker
  • Grey Mkt Premiums
  • Recommendations
  • IPO Ratings
  • IPO Reviews
  • Basis of Allotment
  • IPO Alerts
  • IPO Prospectus Docs
  • IPO Reports
  • IPO News
  • IPO FAQs
  •    Answer IPO FAQs
  • IPO Alert Blog
  • Stock Gadgets
  • Discussion Forums
  • IPO Message Board
  • Stock Message Board
  • Bonds / FDs
  • Current IPO's
    More IPO's...
    Subscribe with us...
     Free Email Alerts
     Name
     Email 

     Free SMS Alerts
    India Stock Market
  • Stock Message Board
  • Stock Market Home
  • NSE Bulk Deals
  • NSE Circuit Filters
  • Corporate
         Announcements
  • Market Holidays
  • Stock Trading Brokers
  • Online Trading
  • Comparison Table
  • ICICI Direct
  • Sharekhan
  • Indiabulls
  • 5Paisa
  • Motilal Oswal
  • HDFC Securities
  • Reliance Money
  • IDBI Capital
  • Religare
  • Geojit
  • Commodity Brokers
  • Angel Commodities
  • Indiabulls Commodity
  • Unicon Commodities
  • SMC Comtrade Ltd
  • IPO Registrars
  • Intime Spectrum
  • Karvy
  • More IPO Managers..
  • SEL Manufacturing Company Ltd IPO (SEL IPO) Detail

    Jul 26, 2007 - Jul 31, 2007        
      
       

    SEL Manufacturing Company Limited (part of R. S. Saluja Group) is a Ludhiana based textile company involve in manufacturing and exporting cotton yarn, combed yarn, knitted fabrics and knitted garments. SEL's production facilities are located in Ludhiana in Punjab and Baddi in Himachal Pradesh.

    SEL's products include T-shirts, Polo shirt, Sweat shirt, Boxer shorts, Girls top etc which they make in bulk quantities. SEL make 30-35 thousand garments daily. SEL's majority garments are exported to Russia and U.A.E.

    For FY 2006, SEL's net revenues and PAT were Rs. 11,849.89 lacs and Rs. 1,488.87 lacs respectively as compared to net revenues and PAT, of Rs. 5,974.43 lacs and 3,14.51 lacs respectively for FY 2005. SEL's consolidated net revenues and PAT for FY 2006 were at Rs.14, 251.24 lacs and Rs.1, 361.70 lacs respectively.

    Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
    1. To part fund the expansion project;
    2. To meet the working capital requirements.

    Issue Detail:

      »»  Issue Open: Jul 26, 2007 - Jul 31, 2007
      »»  Issue Type: 100% Book Built Issue IPO
      »»  Issue Size: 4,138,410 Equity Shares of Rs. 10
      »»  Issue Size: Rs. 37.25 Crore
      »»  Face Value: Rs. 10 Per Equity Share
      »»  Issue Price: Rs. 80 - Rs. 90 Per Equity Share
      »»  Market Lot: 75 Shares
      »»  Minimum Order Quantity: 75 Shares
      »»  Listing At: BSE, NSE

    Issue Subscription Detail / Current Bidding Status

    Number of Times Issue is Subscribed (BSE + NSE)
    As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional Investors (NIIs)Retail Individual Investors (RIIs)Employee ReservationsTotal
    Shares Offered / Reserved
     Day 1 - Jul 26, 2007 17:00 IST 1.7906 1.9816 0.0029 0.1250 1.1400 
     Day 2 - Jul 27, 2007 17:00 IST 1.7906 2.0491 0.0140 0.6314 1.1800 
     Day 3 - Jul 30, 2007 17:00 IST 1.7906 2.0209 0.0478 0.9863 1.2000 
     Day 4 - Jul 31, 2007 17:00 IST 4.0951 3.1229 3.5539 0.9863 3.6200 

    New Compare Stock Brokers in India

    Comparison Grid  |  ICICIDirect Vs HDFC Securities  |  Zerodha Vs Ventura  |  Sharekhan Vs Angel Broking

             

    SEL IPO News Alerts

    1. Friday, August 17, 2007 8:17:00 AM
      SEL Manufacturing Company Limited IPO Listing Date & Info
    2. Tuesday, August 14, 2007 8:40:00 AM
      SEL Manufacturing Company Ltd IPO Allotment Status
    3. Wednesday, July 25, 2007 8:47:00 AM
      SEL Manufacturing Company Ltd IPO Opening on July 26

    SEL IPO Rating

       Rating: 3.5
    96
    3.5
    Rating:Rated 3.5 stars

    Vote Here ...

       IPO Reviews  |  IPO Gradings

    SEL IPO Listing Date

    Listing Date:Tuesday, August 21, 2007
    BSE Scrip Code:532886
    NSE Symbol:SELMCL
    Listing In:B1 Group
    Sector:Textile - Spinning
    ISIN:INE105I01012
    Issue Price:Rs. 90.00 Per Equity Share
    Face Value:Rs. 10.00 Per Equity Share

    Listing Day Trading Information

    BSE
    Issue Price:Rs. 90.00
    Open:Rs. 87.90
    Low:Rs. 80.00
    High:Rs. 157.50
    Last Trade:Rs. 142.80
    Volume:26,924,299
    NSE
    Rs. 90.00
    Rs. 95.00
    Rs. 87.25
    Rs. 173.00
    Rs. 144.75
    25,376,464

    SEL IPO Prospectus

    Company Contact Information

    Registered Office :
        SEL Manufacturing Company Limited,
        706, Industrial Area A,
        Ludhiana 141 010, Punjab India.
    Phone: +91 161 5033 003
    Fax: +91 161 5033 005
    Email: ipo@rssalujagroup.com
    Website: http://www.salujafabrics.com/

    SEL IPO Registrar

    Link Intime India Private Ltd   »  Report
       Link Intime India Private Ltd,
       C-13 Pannalal Silk Mills Compound,
       LBS Marg, Bhandup West, Mumbai 400078

    Phone: +91-22-25963838
    Fax: +91-22-25946969
    Email: selipo@intimespectrum.com
    Website: http://www.linkintime.co.in

    SEL IPO Lead Manager(s)

    SEL IPO Messages (SEL IPO Comments)

      Post New Message ...  

    39. Vijayalakshmanan  Oct 09, 2007 11:25:58 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Vijayalakshmanan's - IPO Comments,  Public Profile

    Hello Friend,

    I did not get refund for the belwo application number, Can any one help me out for this ?! thanks in advance.


    Company Name: SEL Manufacturing Company Limited
    Application No: 12101016
    Refund Order No.: 102242
    Amount: 13320

     

    38. Parag  Sep 03, 2007 11:27:47 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Parag's - IPO Comments,  Public Profile

    The swings clearly tell that SEL is a pure operator play. Fundamentally, there is nothing for investors in this co.

     

    37. suma  Aug 25, 2007 8:10:58 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    suma's - IPO Comments,  Public Profile

    139 bulk deal doesnot make good. they are are al daily sqauaree off tradings. So be careful. If you are trader they buy with stop loss. I think not suitable for retail investors. This may be another ATLANTA.

     

    36. gita  Aug 24, 2007 12:45:52 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    gita's - IPO Comments,  Public Profile

    Now another sel manufacturing is ASIAN GRANITO buy it today and see the magic it will go to 300

     

    35. Raj  Aug 23, 2007 6:42:30 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Raj's - IPO Comments,  Public Profile

    some of the Operators have interested in this co. will touch Rs. 600 remember 600 buy as many as you can
    the message is issued for public interest i dont have nay holiding in this co.

     

    34. Vikram  Aug 22, 2007 10:37:58 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Vikram's - IPO Comments,  Public Profile

    139 bulk deals trade on SEL Manufacturing
    2007-08-22 09:28:22 Source : Moneycontrol.com

    SEL Manufacturing Company started the day on weak note at Rs 87.90 on the BSE, with discount to its issue price of Rs 90 and also touched a low of Rs 80 on the back of selling pressure in the beginning trade. But management outlook for FY08 and FY09, which are above market expectations, has given strong support to the stock and due to that it surged 92% during intraday trade at Rs 173.

    The stock has ended at Rs 164, up 82.22%, with volumes of 2,53,76,464 shares on the NSE. The turnover was at Rs 315.25 crore.

    The stock has witnessed 139 bulk deals on the listing day, including 30 on the BSE and 109 on the NSE. Majority of these deals have traded above Rs 120 levels.

     

    33. Kanhaiya  Aug 21, 2007 7:39:05 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Kanhaiya's - IPO Comments,  Public Profile

    :(
    so sad, Got 103 shares and sold them in ONLY 113...v v bad day for me...it went till 173 later..

    anyway, got a good profit, I was thnking that it will give me some loss..

    Got the refund pay order via post. they didnt credited money thru ECS.

     

    32. Gapoo  Aug 21, 2007 1:25:43 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Gapoo's - IPO Comments,  Public Profile

    hai all i wish to share something, on the advice of my broker and mr. bond i have applied sel manufacturing issue and made fortune because everybody got his share in good quantity and issue is hit. its a slap on everybody who says that this is a (ruddy) including tanushree and everybody says that it will quote in huge discount, thanks and hats off to mr. bond for timely advice

     

    31. Divakar  Aug 21, 2007 8:48:40 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Divakar's - IPO Comments,  Public Profile

    Hi, HAs anybody recived refund for SEL. I had applied through ICICI direct and have an account in bangalore - refund was supposed to be by ECS ???...

     

    30. tanushri  Aug 20, 2007 9:17:24 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    tanushri's - IPO Comments,  Public Profile

    this is "SELL" company. Textile not a good sector to be in.

     

    29. Pankaj  Aug 20, 2007 7:50:36 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Pankaj's - IPO Comments,  Public Profile

    anyone get the refund of SEL manufacturing. I have applied through ICICIdirect. please give me the status of that.....

     

    28. Pankaj Patel  Aug 20, 2007 4:18:07 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Pankaj Patel's - IPO Comments,  Public Profile

    anyone get the refund of SEL manufacturing. I have applied through ICICIdirect. please give me the status of that.....

     

    27. raj  Aug 18, 2007 11:56:26 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    raj's - IPO Comments,  Public Profile

    good luck to all allotees as the share is going to list on tuesday when Subprime Monster will be delt with
    Monday our market willopen with biiiiig gap but tues day's fortune will depend on US market, Any way now atlest it will be able to list at par

     

    26. kanhaiya  Aug 14, 2007 8:11:06 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    kanhaiya's - IPO Comments,  Public Profile

    allottment is out...applied 300 got 103 @ 90 rupees per share

     

    25. ashu  Aug 07, 2007 6:59:53 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    ashu's - IPO Comments,  Public Profile

    almost everyone would get the allotment and premium should be 10 rs.don't expece bumber listing. book profit on listing

     

    24. tanushri  Aug 03, 2007 9:29:16 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    tanushri's - IPO Comments,  Public Profile

    good luck raj for your wish

     

    23. raj  Aug 01, 2007 7:17:46 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    raj's - IPO Comments,  Public Profile

    guys sel is the best bet,in long term it cn go to 500 level.it will list at 150

     

    22. Parag  Jul 31, 2007 3:58:35 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Parag's - IPO Comments,  Public Profile

    If SEL lists at Rs. 100/-, UTI Bank's subsidiary will make 54% profit (Rs. 35/-), while the second party will make 33% profit (on Rs. 75), while you stand to gain just 11%. So, their investment can be justified, not yours.

    Given the market scenario, and textile sector's performance, this should not command a premium of more than Rs. 10/- (provided this does not list at discount).

    Remember, the promoters have taken a HUGE bonus (28:1 !!!!!). They are out to milk the market.
    Save your money for better options.

     

    21. ashu  Jul 31, 2007 2:18:20 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    ashu's - IPO Comments,  Public Profile

    pinky you will get good profit. its a worth to apply sel IPO

     

    20. PARAG  Jul 31, 2007 10:41:53 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    PARAG's - IPO Comments,  Public Profile

    This share can be taken on IPO merely for the trading porspoective, should sell as soon as it lists. Surely go up to 115 on listing date. Good opportunity for traders.

     

    First Page Previous Page [ 1 ] Next Page last Page

     

      Leave your comment ...  

    Also visit:

    Webpage Last Updated: