Description
NSE announces listing of Sellowrap Industries Limited equity shares on EMERGE SME Platform effective August 1, 2025.
Summary
NSE announces the listing of equity shares of Sellowrap Industries Limited on the EMERGE SME Platform effective August 1, 2025. The company will trade under symbol SELLOWRAP with 13,744,220 equity shares of Rs. 10/- face value at an issue price of Rs. 83/- per share.
Key Points
- Company Symbol: SELLOWRAP
- Total equity shares: 13,744,220 of Rs. 10/- each fully paid up
- Issue price: Rs. 83/- per share
- Minimum lot size: 1,600 equity shares
- Initially trading in Series ‘ST’ (Trade for Trade Surveillance Segment)
- Will subsequently shift to Series ‘SM’ (Normal Rolling Segment)
- Market maker spread within 10%
- Part of pre-open session for IPO category
Regulatory Changes
Shares will initially be placed in Trade for Trade Surveillance Segment (TFTS) with Settlement Type ‘W’ and later moved to Normal Rolling Segment as per SEBI circulars CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012.
Compliance Requirements
- Members must use designated security codes for trading
- Trading only in specified lot sizes of 1,600 shares
- Market maker maximum permissible spread of 10%
- Lock-in provisions apply as per Annexure I
Important Dates
- Effective Date: August 1, 2025
- Financial Year: April 2025 - March 2026
Impact Assessment
Limited impact as this is an SME listing on the specialized EMERGE platform. The Trade for Trade surveillance segment placement indicates enhanced monitoring. Market impact expected to be minimal given SME nature and surveillance measures.
Impact Justification
SME listing on specialized platform with limited market impact