DSIJ Mindshare

SEML has a market cap of Rs 127.50 crore. The net sales increased by 77.34 per cent to Rs 60.81 crore and net profit increased by 280.92 per cent to Rs 6.59 crore in H2FY23 over H2FY22. The net sales increased by 50.66 per cent to Rs 96.83 crore and net profit increased by 63.60 per cent to Rs 8 crore in FY23 over FY22.

Monday's trading session is anticipated to begin with a flat start for the benchmark indices, as indicated by the Gift Nifty, with a modest gain of 15 points. The futures stood at a level of 19,360 points.

The price band of the issue has been fixed at Rs 301 to Rs 317 per equity share. The issue size is Rs 405 crore at a higher price band.

Over the last five years, the company has generated good profit growth at a CAGR of 26.1 per cent. 

On Monday, the benchmark indices ended the day higher. The BSE Sensex Index was up by 0.66 per cent, reaching a level of 65,147. The Sensex Index also reached an all-time high at 65,240.57. Approximately 1,995 shares advanced, 1,558 declined, and 169 remained unchanged on the BSE.