Sigachi Industries Limited IPO
Mainboard₹14,670 / 90 Shares
Sigachi Industries Limited IPO Details
The Sigachi Industries Limited IPO price band is set between 161-163 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 1 Nov, 2021 and closes on 3 Nov, 2021. Investors can check the allotment status on 10 Nov, 2021, while the listing date is tentatively scheduled for 15 Nov, 2021.
The total issue size is 125.43 Crores Issue : 76,95,000 Shares, aggregating up to . Stay tuned for the latest Sigachi Industries Limited IPO review and GMP updates.
Sigachi Industries Limited IPO Review, Rating & Analysis
Sigachi Industries Limited IPO Review
NO REVIEWSigachi Industries Limited IPO Rating
Sigachi Industries Limited IPO Highlights
IPO Date
Nov 1, 2021 - Nov 3, 2021
Listing Date
15 Nov, 2021
Face Value
₹10 Per Equity Share
Price Band
161-163 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Sigachi Industries Limited IPO Lot Size
The minimum market lot for Sigachi Industries Limited IPO is 90 shares with an application amount of ₹14,670. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹14,670 |
| Retail (Max) | 13 | 1170 | ₹1,90,710 |
| S-HNI (Min) | 14 | 1260 | ₹2,05,380 |
| S-HNI (Max) | 68 | 6120 | ₹9,97,560 |
| B-HNI (Min) | 69 | 6210 | ₹10,12,230 |
Sigachi Industries Limited IPO Timeline
Issue Price
161-163 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Private LimitedLead Manager
Unistone Capital Private LimitedIssue Size
125.43 Crores Issue : 76,95,000 SharesSigachi Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 133.40 | 196.01 | 30.26 | - | - | - |
| 31 Mar 20 | 109.14 | 143.94 | 20.31 | - | - | - |
| 31 Mar 19 | 91.46 | 132.87 | 19.01 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Rabindra Prasad Sinha
- Chidambarnathan Shanmuganathan
- Amit Raj Sinha
- RPS Projects & Developers Private Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 64.64% | 48.46% |
About Company
They are engaged in manufacturing microcrystalline cellulose (MCC) which is widely used as an excipient for finished dosages in the pharmaceutical industry.
The inert non-reactive, free-flowing and versatile nature of MCC have varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries.
In the year 2000, with an aim to diversify their business activities, their Company started manufacturing premium grade microcrystalline cellulose by successfully commissioning a spray drier and a multi-fuel furnace, which in turn also increased their manufacturing capacity from 720 metric tonnes per annum to 1080 metric tonnes per annum.
Presently, they manufacture 50 different grades of MCC at their manufacturing units, situated at Hyderabad and Gujarat with an aggregate installed capacity of 11,880 MTPY.
Sigachi Industries Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 15,39,000 | 11,54,250 | 26,93,250 | 53,86,500 |
Day 1 -01-11-21 04:30 PM | 0.57 x | 2.35 | 15.16 x | 8.24 x |
Day 2 -02-11-21 04:30 PM | 0.80 x | 16.55 | 37.56 x | 22.55 x |
Day 3 -03-11-21 05:00 PM | 86.51 x | 172.44 | 80.49 x | 101.91 x |
69.26 times
Frequently Asked Questions about Sigachi Industries Limited IPO IPO
When will Sigachi Industries Limited IPO open for subscription?
The Sigachi Industries Limited IPO opens on 1 Nov, 2021 and closes on 3 Nov, 2021.
What is the investors portion for Sigachi Industries Limited IPO?
The investors' portion for QIB is 86.51 x, NII is 172.44, and Retail is 80.49 x.
How to apply for Sigachi Industries Limited IPO?
You can apply for Sigachi Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Sigachi Industries Limited IPO?
The issue size of Sigachi Industries Limited IPO is approx ₹125.43 Crores Issue : 76,95,000 Shares crores.
What is the price band of Sigachi Industries Limited IPO?
The price band for Sigachi Industries Limited IPO is 161 to ₹163 per equity share.
What is the lot size of Sigachi Industries Limited IPO?
The minimum bid (lot size) for Sigachi Industries Limited IPO is N/A shares with an investment of approx ₹14,670 .
What is the allotment date of Sigachi Industries Limited IPO?
The allotment date for Sigachi Industries Limited IPO is 10 Nov, 2021.
What is the listing date of Sigachi Industries Limited IPO?
The listing date for Sigachi Industries Limited IPO is expected to be 15 Nov, 2021.
What is the GMP of Sigachi Industries Limited IPO?
The latest Grey Market Premium (GMP) for Sigachi Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.