The upcoming initial public offerings(IPO) are-
Viaz Tyres Limited-
Viaz Tyres Limited is engaged in the manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. The company also deals in ancillary products like off-the-road (OTR) tyre tubes, animal-driven vehicle (ADV) tubes, engine oil, and grease on white labeling bases. It has recently started selling bicycle tyres which it gets manufactured on job work basis, depending upon the market demand. The products are sold in domestic as well as international markets.
Viaz Tyres Limited has recently ventured into trading tyres through the exclusive distributorship of Maxxis Rubbers Private Limited for Turkey and has an exclusive distributorship for selling tyres under the brand name Maxxis Rubbers Private Limited, for the territorial limits of Turkey. It has state-of-the-art infrastructure and the latest production facility with an installed capacity of manufacturing 7,00,000 tubes per month, located at Nandasan near Ahmedabad, Gujarat.
The company has a total of 15 domestic distributors for rubber tubes across India. The distribution network is spread across 19 states, namely, Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nādu, Telangana, Uttar Pradesh, Uttarakhand, and West Bengal. It has a presence in 5 countries namely the United States of America, Turkey, Romania, the United Arab Emirates, and Colombia.
The promoters of the company are Mr. Janakkumar Mahendrabhai Patel, Mr. Rajeshkumar Prabhudasbhai Patel, Mr. Parichaykumar Maganbhai Patel, Mrs. Himaben Janakkumar Patel, Mrs. Nirmaben Rajeshkumar Patel, and Mrs. Kenaben Parichaykumar Patel. The proceeds from the issue would be utilized for the repayment or prepayment or part repayment of the loan and to meet working capital requirements.
The company had revenues of Rs 19.94 crore with a profit of 14.51 lakhs (Year ended March 31, 2020), revenues of Rs. 29.17 crores with a profit of Rs. 60.60 lakhs (Year ended March 31, 2021), and revenue of Rs. 29.33 crores with a net profit of Rs. 1.46 crore (Year ended March 31, 2022).
MACFOS Limited-
MACFOS Limited is an e-commerce company focused on the marketing of a broad range of electronic components which finds application in basic and advanced engineering products & projects, including emerging technologies such as IoT, robotics, automation, drone, electric vehicles, 3D printing, and auto-guided vehicles. Its broad portfolio consists of over +12,000 SKUs of electronics components and parts that facilitate consumers such as manufacturers, electrical & mechanical engineering students, educational institutions, researchers, and developers, to turn their ideas into reality as well as to speed up their product R&D and prototyping cycle.
The company through its e-commerce website and mobile application, Robu. in, sells a broad range of electronic items, including robotic parts, drone parts, E-bike parts, IoT & Wireless items, 3d printers & parts, DIY learning kits, development boards, Raspberry Pi (Single board computers& Peripherals), sensors, motors, motor drivers, pumps, batteries, chargers, electronic modules & displays and various other mechanical and electronic components.
Macfos limited is connected with over +140 overseas and domestic vendors for sourcing electronic items and parts. With the dedicated fulfillment Centre in Pune, Maharashtra comprising of 7,900 sq. ft. area and third-party logistics services, the company is capable of delivering the products across India as well as overseas.
The Promoters of our Company are Mr.Atul Maruti Dumbre, Mr.Binod Prasad & Mr. Nileshkumar Purshottam Chavhan. The objects of the offer are to achieve the benefits of listing the equity shares on the stock exchanges.
The company had revenues of Rs 16.22 crore with a profit of 32.97 lakhs (Year ended March 31, 2020), revenues of Rs. 27.33 crores with a profit of Rs. 1.58 crore (Year ended March 31, 2021), and revenue of Rs. 55.87 crores with a net profit of Rs. 6.01 crore (Year ended March 31, 2022).
Sealmatic India Limited-
Sealmatic India Limited is engaged in the business of designing and manufacturing mechanical seals and associated products. Mechanical seals are mainly used in oil & gas, refinery, petrochemical, chemical, pharmaceutical, fertilizer, power, mining, pulp & paper, aerospace, marine and other industries. The company manufactures customized seals to meet the requirement of the client. It has a complete range of engineered mechanical seals and sealing support systems to cater to the needs of customers located all across the globe. Sealmatic products are globally recognized in over 45 countries, to name a few: USA, UK, Germany, Netherlands, Italy, Sweden, Norway, Switzerland, Denmark, Australia, France, Japan, and other countries.
The company has been in the business for more than 12 years and the management has more than two decades of experience in the industry. Over the years Sealmatic has been successful in establishing its name in the industry and the company has a strong customer base of domestic as well as foreign clients. The company has about 77% of its total sales from the export of its product and 23% from domestic sales.
The promoters of the company are Mr. Umar A. K. Balwa, Mr. Mohamed Hanif Chaudhari, and Mr. Rafiq H. Balwa. The objects of the issue are the purchase of plant and machinery, product development, marketing and after-sales support, and general corporate purpose.
The company had revenues of Rs 33.58 crore with a profit of 4.94 crores (Year ended March 31, 2020), revenues of Rs. 35.48 crores with a profit of Rs. 6.94 crores (Year ended March 31, 2021), and revenue of Rs. 42.76 crores with a net profit of Rs. 8.41 crore (Year ended March 31, 2022).
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