Sealmatic Habshan HTC have partnered for selling repair and refurbishment of Sealmatic mechanical seals in Abu Dhabi to serve customers in the oil and gas petrochemical power water desalination chemical and other process industries.
Sealmatic India Limited partners with Al Habshan in Abu Dhabi, UAE equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Thane (Maharashtra) [India], February 22 (ANI/BusinessWire India): Sealmatic India's initial public offering (IPO) witnessed oversubscription by 16.6 times on the closing day (February 21st, 2023). The issue received strong demand from HNIs, QIBs and Retail investors. The price band for the IPO was fixed at Rs 225 per share. Bidding in the IPO opened on February 17 and closed on February 21st. Umar A K Balwa - Managing Director at Sealmatic said, "The company has shown consistent financial performance with about 30 per cent growth in Profit After Tax in the last 3 years." Balwa further stated that "Sealmatic India Ltd would like to send its warmest gratitude to everyone who has invested in our IPO (BSE SME). We are witnessing the making of history for our company and our investors. We respect and are grateful to our investors who have supported us with their precious capital." "Our investors will also derive satisfaction in knowing that they will help Sealm