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Sigachi Industries IPO

IPO Status: Listed [1st Nov 2021 to 3rd Nov 2021]

Rated 4.5/5 by Team InvestorGain
Sigachi Industries IPO Detail

Sigachi Industries IPO worth issue size of Rs. 125.43 Cr opens for subscription from 1 Nov to 3 November 2021. The face value per share is Rs. 10 and the IPO price is fixed at Rs. 161-163 per share. One can apply for the bid lot of 90 shares and it's multiple. Get the complete Sigachi Industries IPO Review including business glance, financials, tentative timeline, and more.

Sigachi Industries IPO Details

IPO Issue Opening Date: 1st Nov 2021
IPO Issue Closing Date: 3rd Nov 2021
IPO Issue Price: ₹161-163 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: 50
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹125.43 Cr
Fresh Issue: 76,95,000 shares at ₹161-163 per share [Aggregating upto ₹125.43 Cr]
Face Value: ₹10 Per Equity Share
IPO Discount: NA
Promoter Holding Pre IPO: 64.64%
Promoter Holding Post IPO: TBD
Allotment Status: Allotment Status
BSE Code: 543389
NSE Code: SIGACHI

Sigachi Industries IPO Important Dates

Get important updates regarding Sigachi Industries IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Sigachi Industries IPO dates
IPO Activity Date
Basis of Allotment Date* 10th Nov 2021
Refunds Initiation* 11th Nov 2021
Credit of Shares to Demat* 12th Nov 2021
IPO Listing Date* 15th Nov 2021

* - Tentative Dates

Sigachi Industries IPO Lots

IPO Activity Date
Issue Price ₹161-163
Market Lot: 90 Shares
1 Lot Amount: ₹14670
Min Small HNI Lots(2-10 Lakh): 1260 shares(14 lots)
Min Big HNI Lots(10+ Lakh):

Sigachi Industries IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
15-11-2021163225--₹388 (138.04%)15-Nov-2021 8:59
IPO Live GMP
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Sigachi Industries

Sigachi Industries Limited is engaged in the manufacturing of chlorinated paraffin and hydrochloric acid. It is one of the leading manufacturers of microcrystalline cellulose (MCC) in India which is used as finished dosages in the pharmaceutical industry. The company manufactures 59 different grades of MCC at its manufacturing facility in Hyderabad and Gujarat with an aggregate installed capacity of 11,880 MTPY.

The business operates 3 manufacturing facilities, Unit I at Hyderabad and 2 manufacturing units at Jhagadia and Dahej in Gujarat. The MCC grades are utilized in different industries i.e. food, pharmaceutical, nutraceuticals, cosmetics, etc.

Sigachi Industries IPO Strengths

  • One of the leading manufacturers of MCC (cellulose-based excipient) in India.
  • Strong PAN India network and international market presence.
  • Well experienced management team with proven project management.
  • Comprehensive product portfolio to serve diverse end-use applications.
  • Presence across diversified industry verticals and long-standing customer relationships.
Incorporation Sector IPO Issue Size Website
1989 pharmaceutical ₹125.43 Cr http://www.sigachi.com/

Sigachi Industries IPO Objective

  1. To fund capital expenditures to expand the production capacity of microcrystalline cellulose at Dahej, Gujarat.
  2. To expand the production capacity of microcrystalline cellulose at Jhagadia, Gujarat.
  3. To manufacture Croscarmellose Sodium (CCS), a modified cellulose used as a excipient at Kurnool, Andhra Pradesh.
  4. Meet general corporate purposes.
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Sigachi Industries IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 1,539,000 Shares
  • Non-Institutional Investors: 1,154,250 Shares
  • Retail Individual Investor: 2,693,250 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered1,539,000 (28.57%)1,154,250 (21.43%)2,693,250 (50%)5,386,500
11st Nov 2021 17:020.57x4.44x16.81x9.52x
22nd Nov 2021 17:020.82x16.99x38.49x23.12x
33rd Nov 2021 17:0286.51x172.43x80.49x101.91x
Sigachi Industries financial
Sigachi Industries Financials (₹ in Lacs) 30-Jun-2021 31-Mar-2021 31-Mar-2020 31-Mar-2019
Total Assets ₹15,141.99 ₹13,340.73 ₹10,914.39 ₹9,146.25
Total Income ₹5,512.24 ₹19,601.05 ₹14,394.90 ₹13,287.77
Net Profit/Loss ₹898.97 ₹3,026.03 ₹2,031.55 ₹1,901.27

Company Address

Sigachi Industries Limited
229/1 & 90, Kalyan's Tulsiram Chambers, Madinaguda,
Hyderabad,Telangana-500 049
India
Website: http://www.sigachi.com/
Phone: +91 040 4011 4874/75/76
Email: http://www.sigachi.com/

Sigachi Industries IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: [email protected]

Sigachi Industries IPO Lead Manager

Sigachi Industries IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Sigachi Industries? Should I apply in Sigachi Industries IPO?

Last Updated on 30-Nov-2021 10:01:09


User Reviews

5. kajol majumder Oct 26 2021 05:59:29 AM Reply
Sigachi Industries IPO expected listing gain.
4. Robin Kaushik  Oct 26 2021 05:59:29 AM Reply
Please confirm Sigachi Industries IPO GMP (grey market premium) and kostak.
3. Prabir Kumar Banerjee Oct 26 2021 05:59:29 AM Reply
Sigachi Industries IPO good or bad.
2. Sivan sir Poranthanal Oct 26 2021 05:59:29 AM Reply
Sigachi Industries IPO whether to invest or not.
1. Nirav Thakor Oct 26 2021 05:59:29 AM Reply
Sigachi Industries IPO - CRISIL Rating, Apply or not?.