Sellwin Signs MoU for Rs 520 Million US Investment

26 Aug 2025 CW Team

The MoU allows Sellwin to acquire up to a 60 per cent equity stake in SCI, with the acquisition settled through share issuance at a price not lower than Rs 18 per share. A fair valuation of SCI will be undertaken as of 31 December 2025, and the MoU will remain valid for 12 months from signing. SCI has also committed to repatriating invested funds to India within two years of each tranche, with a guaranteed minimum return of 7 per cent per annum, ensuring attractive returns for Sellwin shareholders.

As part of the phased investment strategy, Sellwin may initially commit up to USD 3 million (about Rs 260 million). The investment will require regulatory clearances from bodies including the RBI, SEBI, BSE, FEMA, and MCA in India, alongside relevant approvals in the US.

Commenting on the development, Monil Vora, Director of Sellwin Traders, said: “The USD 6 million investment in Shivam Contracting Inc. strengthens our exposure to the US infrastructure sector with attractive returns and assured fund repatriation. Together with our planned controlling acquisition of Dubai’s GMIIT, we are strategically positioned for accelerated global expansion.”

On 21 August 2025, Sellwin also signed an MoU with Global Market Insights IT Services LLC (GMIIT), Dubai, for a controlling investment of over 51 per cent worth USD 1 million. This will make GMIIT a subsidiary, focusing on IT services, consulting, digital solutions, and joint marketing in the Gulf. The deal, subject to due diligence and compliance, targets returns of over 7 per cent per annum.

GMIIT, headquartered in Dubai, specialises in Artificial Intelligence, Blockchain Development, Cybersecurity, Digital Marketing, and Application Development. The partnership will also involve joint branding and business infrastructure development to strengthen market presence.

For Q1 FY26, Sellwin reported a net profit of Rs 31.4 million, up 350 per cent from Rs 7 million in the same period last year, while revenue rose 31.4 per cent to Rs 218.5 million. For FY25, the company posted a net profit of Rs 27.9 million and revenue of Rs 742.8 million. In its 31 July board meeting, the company also approved raising funds through the allotment of up to 47.5 million warrants at a minimum price of Rs 8.40 each to support expansion plans.

Sellwin Traders Limited has signed a memorandum of understanding (MoU) with Shivam Contracting Inc. (SCI), a US-based contracting company, to form a strategic equity-linked partnership. Under the agreement, Sellwin will invest up to USD 6 million (approximately Rs 520 million) in SCI’s current and future projects across the United States.The MoU allows Sellwin to acquire up to a 60 per cent equity stake in SCI, with the acquisition settled through share issuance at a price not lower than Rs 18 per share. A fair valuation of SCI will be undertaken as of 31 December 2025, and the MoU will remain valid for 12 months from signing. SCI has also committed to repatriating invested funds to India within two years of each tranche, with a guaranteed minimum return of 7 per cent per annum, ensuring attractive returns for Sellwin shareholders.As part of the phased investment strategy, Sellwin may initially commit up to USD 3 million (about Rs 260 million). The investment will require regulatory clearances from bodies including the RBI, SEBI, BSE, FEMA, and MCA in India, alongside relevant approvals in the US.Commenting on the development, Monil Vora, Director of Sellwin Traders, said: “The USD 6 million investment in Shivam Contracting Inc. strengthens our exposure to the US infrastructure sector with attractive returns and assured fund repatriation. Together with our planned controlling acquisition of Dubai’s GMIIT, we are strategically positioned for accelerated global expansion.”On 21 August 2025, Sellwin also signed an MoU with Global Market Insights IT Services LLC (GMIIT), Dubai, for a controlling investment of over 51 per cent worth USD 1 million. This will make GMIIT a subsidiary, focusing on IT services, consulting, digital solutions, and joint marketing in the Gulf. The deal, subject to due diligence and compliance, targets returns of over 7 per cent per annum.GMIIT, headquartered in Dubai, specialises in Artificial Intelligence, Blockchain Development, Cybersecurity, Digital Marketing, and Application Development. The partnership will also involve joint branding and business infrastructure development to strengthen market presence.For Q1 FY26, Sellwin reported a net profit of Rs 31.4 million, up 350 per cent from Rs 7 million in the same period last year, while revenue rose 31.4 per cent to Rs 218.5 million. For FY25, the company posted a net profit of Rs 27.9 million and revenue of Rs 742.8 million. In its 31 July board meeting, the company also approved raising funds through the allotment of up to 47.5 million warrants at a minimum price of Rs 8.40 each to support expansion plans.

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