According to market observers, shares of Sigachi Industries are available at a premium of 185 in the grey market today that means grey market is expecting more than 100 per cent listing gain . After a record breaking ipo debut, Found an interesting and worth reading Finshots article on What is Sigachi Industries and what does it do- https://finshots.in/markets/sigachi-industries-record-breaking-ipo-pop/. The shares will list on 15th November 2021. Check the Sigachi Industries IPO allotment status. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). Sigachi Industries IPO Open Date on 01 November 2021 and closes on 03 November 2021. A firework like listing for Sigachi Industries share is expected and the public issue may emanate above 100 per cent listing gains on . Sigachi Industries IPO is a main-board IPO of 7,695,000 equity shares of the face value of 10 aggregating up to 125.43 Crores. Forgot to add another important thing. 2499 1749, Monthly In case you cant find any email from our side, please check the spam folder. In fact, grey market is also reflecting about strong listing of the public issue as shares of Sigachi Industries are available at a premium of 200 in the grey market today. If you . According to, There are no prizes for guessing the name. This IPO hit the market in the month of July. Home; About IPO . This IPO is an entirely fresh issue. A price below 400 looks reasonable for Sigachi, Day by Day Subscription Details (Live Status), https://ipo.bigshareonline.com/ipo_status.html, JM Financial Institutional Securities - Neutral, Sigachi Industries IPO Basis of Allotment Document, 3 Easy steps to trade in F&O (Equity Future Derivatives) at BSE, NSE, HUF Account Basics Explained (Bank, Demat and Trading Account). Read all the Latest News, Breaking News and Coronavirus News here. Listing Price 575: Listing Gain% 252.76: You are now subscribed to our newsletters. Download the Mint app and read premium stories. Sigachi Industries IPO grey market premium recorded at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. Flat 20 Per Trade in F&O, Free Equity Delivery It was not the bigger and well-known brand names in the industry that lured investors but some of the lesser-known names and smaller IPOs saw a high degree of investor participation. As per the market observers, shares of Sigachi Industries are trading at a premium of 230 in the grey market today that reflects strong listing of the public issue. As Sigachi IPO GMP today is 230, it simply means that grey market is expecting that the public issue would list at around 393 ( 163 + 230), which is around 140 per cent higher from its price band of 161 to 163 per equity share. They advised bidders to look at the financials of the company as it gives clear picture of the company's business. Investors, who had bid for the issue, can check the . , which operates under the Nykaa brand, last week. Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. For the unversed, GMP of a public issue is nothing but an estimated listing gain by the grey market. Average return ratios, RoE and RoIC stood at 38.1% (+1184bps) and 40.7% (+2085bps), respectively, in FY21. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Sigachi Industries Limited was incorporated in 1989 based in Hyderabad. All eyes are set on Sigachi Industries IPO listing on Monday. They said that after dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. The issue is priced at 161 to 163 per share. It reduced the net interest burden and positively impacted the bottom-line. Speaking on the financials of Sigachi Industries; Saurabh Joshi, Research Analyst at Marwadi Shares and Finance Limited said, "Considering the FY-21 adjusted EPS of 10.80 on the post-issue basis, the company is going to list at a P/E of 15.10 with a market cap of 5,011 mn. Long-standing relationship with customers, solid financial profile, experienced promoters. The Company Will issue 7,695,000 equity shares through Fresh Issue. Remove some to bookmark this image. for expansion of production capacity for MCC at Dahej, Gujarat 28.15 crores, for expansion of production capacity for MCC at Jhagadia, Gujarat 29.24 crores, funding capital expenditure to manufacture CCS at the Proposed Unit 32.29 crores. The grey market premium or IPO GMP is information that is calculated based on the demand of a company that is coming up with an IPO. Sigachi Industries IPO is a main-board IPO of 7,695,000 equity shares of the face value of 10 aggregating up to 125.43 Crores. Explore. The price band ranges from Rs 161 to Rs 163. Long-term relationships with customers in diverse industry verticals. The company has received various quality certifications and operates 3 manufacturing units namely, Unit I situated at Hyderabad, and two manufacturing units, Unit II and Unit III situated at Jhagadia and Dahej,in Gujarat. Market Research. spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? I had no hopes either so was not that disappointed. They should hold Sigachi Industries shares for a one-month target of Rs 888 maintaining a stop loss at Rs 530 per share levels.. Copyright 2022 HT Digital Streams Ltd All Right Reserved, Domestic PV, two-wheeler sales rise in Feb, exports plummet, Govt approves procurement of HAL basic trainer aircraft, Cement price hikes fail to sustain, respite seen in Q1, Govt plans life support withdrawal SOPs for terminally ill, How politics is shaping stardom and cinema in India. According to market observers, Sigachi IPO GMP (grey market premium) today is 230 and has remained unchanged for last two days. In terms of the best debut on Dalal Street, Sigachi Industries fell behind the spectacular first innings of Tantia Constructions, which entered the secondary markets in April 2006. Please confirm Sigachi Industries IPO GMP (grey . Microcrystalline cellulosemaker Sigachi Industrieshad a bumper listing on November 15 way above analysts expectations and grey market premium. The company has been faring well and paying dividends. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Bigshare Services Pvt Ltd is the registrar for the IPO. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. Economy Grows at a Slower Pace of 4.4% in Dec qtr, Hope It Doesnt Take a Second Pandemic to Build Right Tools, Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40%, 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years, Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42%, What do Q2 LIC results indicate for other Insurance companies? The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day. UPI IPO application is offered by brokers who don't offer banking services. However, there were some listing disappointments as well on D-Street.On Monday, SJS Enterprises, a decorative aesthetics manufacturer for the automotive and consumer appliances industries, listed at a marginal discount to its offer price of Rs 542 per share.It lost further ground through the session to close at Rs 510, a discount of nearly 6% to the offer price and down 6% on the day, BSE data showed. You are now subscribed to our newsletters. A Time Warner Company. Indigo Paint is at number five with a listing gain of 109 per cent. The biggest IPO in terms of size in 2021 was that of Paytms parent company. Know which other IPOs were at the top in terms of size . NEW DELHI: Sigachi Industries Limited's Rs 125.42-crore initial public offer was concluded on Wednesday. Sigachi Industries IPO Schedule. For reprint rights: Times Syndication Service. Website: https://sigachi.com/, Bigshare Services Pvt Ltd Copyright HT Digital Streams Limited All rights reserved. Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. Initiation of refunds: Nov 11, 2021. Credit of Equity Shares: Nov 12, 2021. Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. @lokes, thank you so much for your suggestion, your view was right. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. The shares are proposed to be listed on BSE, NSE. Microcrystalline cellulose maker Sigachi Industries' stock price surged 3.7 times or 270 per cent over its IPO price, recording the best-ever gain witnessed by an Indian company on its listing day. The minimum order quantity is 90 Shares. No interest seen for buying, though in green! During FY18-21, SIGACHIs MCC production volumes and revenues grew at a CAGR of 12.7% (to 11,240 MT) and 19.9% (to Rs 176 crore), respectively. Market Observers said that after the announcement of Sigachi share allotment, Sigachi Industries IPO GMP has been standing at Rs 230, which is a good sign from an investor's perspective. There are no prizes for guessing the name. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. I think it will turn around at 500 level and shudnt go below than that. Zomato one of the leading online Food Service platforms secured the second position in terms of the issue size of Rs 9,375 crore. Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. You are just one step away from creating your watchlist! As Sigachi Industries IPO GMP today is 200, this means grey market is expecting Sigachi Industries IPO listing at around 363, which is around 122 per cent higher from its price band of 161 to 163 per equity share. Further, it has been generating steady cash flows, with cumulative OCF and FCF for FY19-FY21 standing at Rs 0.56 billion and Rs 0.35 billion, respectively. Tuesday, 21 February 2023. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited Latent View Analytics, data and analytics consulting company, and Tatva Chintan stood at number three and four positions, with listing gains of 148 per cent and 113 per cent, respectively. Thanks for your suggestion once again @lokes. ", Ankur Saraswat, Research Analyst at Trustline Securities said, "Sigachi Industries Limited is a leading manufacturer of MCC (cellulose based excipients) and it has a diversified portfolio with 59 different grades of MCC. Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. Selling at 9 am is also a lottery now, I also placed my sell order at 9 am but not even 1 share got sold :(. However, if we go by stock market experts' views, grey market premium is an unofficial data and hence one should not rely much on it. Sigachi IPO GMP today stood at Rs 230. . MCC has varied applications in the pharmaceutical, food, nutraceuticals and cosmetic industries. My guess for Sigachi -> Its GMP indicated price of 400. Sigachi Industries IPO grey market premium stood at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. The Sigachi Industries IPO comprises of a fresh issue of 76.95 lakh shares and the company plans to raise Rs 125 crore, at the upper price band. They have their supply chain in the world with a customer base across the globe. 15th November 2021. Presently with a GMP of Rs 220, market observers are estimating the listing gains to cross its price band and further gain above Rs 300 against its price band of Rs 161 . Check Sigachi Industries IPO allotment status online by clicking the button below. The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. The price band for Sigachi Industries IPO has been fixed at Rs 161-163 a share. Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, Sigachi makes best debut in 13 years, ends with 270% gain. Expecting 'fireworks' on Sigachi Industries shares' debut; Abhay Doshi, Founder at UnlistedArena.com said, "A firework like listing is expected and may emanate above 100 per cent listing gains on listing date itself. Register now. Gaurav Garg, Head of Research at CapitalVia Global Research, and Mohit Nigam, Head - PMS at Hem Securities, also said that investors should hold Sigachi Enterprises for the long term. Includes DocuBay and TimesPrime Membership. A flurry of IPOs, from various segments and sectors especially new-age technology-driven and emerging sectors, hit the capital markets in the year 2021. Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . Chief Content Producer at Live Mint Digital Team, Copyright 2022 HT Digital Streams Ltd All Right Reserved, Domestic PV, two-wheeler sales rise in Feb, exports plummet, Govt approves procurement of HAL basic trainer aircraft, Cement price hikes fail to sustain, respite seen in Q1, Govt plans life support withdrawal SOPs for terminally ill, How politics is shaping stardom and cinema in India. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Paytm Was The Biggest IPO by Size in 2021, But Sigachi Industries Saw Maximum Gains On Market Debut And Latent View Was Subscribed The Most. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Sigachi Industries Share Listing Gains on NSE, BSE. After listing at a premium of 253% over the offer price, Sigachi shares were locked at the upper circuit of 603.75, 270% . The share allotment will start on November 10. Sigachi Industries IPO GMP: After rave response from bidders, market observers are expecting bumper listing gain from the public issue . The portion for non-institutional investors was subscribed 172.43 times, those meant for Qualified Institutional Buyers (QIBs) 86.51 times and Retail Individual Investors (RIIs) 80.49 times. The price band . Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & Grievance Redressal Policy. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. There are no listed companies in India whose business is comparable with that of the companys business. The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. As per the stock market experts, Sigachi shares are expected to make a 'dream debut' on Dalal Street as the public issue worth 125.43 crore may have 'fireworks like listing.' The 125.43 crore IPO was subscribed 101.91 times with the price . Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified. PLAN. The company raised a fund of 125.43 Crores. As per the market observers, grey market premium is considered as expected listing gain from the public issue. The German software giant aims to double its investments in India over the next five years. Copyright e-Eighteen.com Ltd All rights resderved. To read full story, subscribe to ET Prime, Billed annually at @arif: you can place your sell order but its already too late, it wont be executed for today, you should have placed at 9am exactly or even before as AMO. Mumbai: Investor response to three stock market debutants - PB Fintech. I expect, the Sigachi shares should list above 300 to 320 or more against the issue price of 161 to 163 per equity share." Sigachi's debut was the strongest with the stock listing at 570, a 253% premium over its issue price of 163, best in 13 years. Due to small issue size it is expected that Sigachi Industries will list in T2T segment. The institutional buyers' portion got bids up to 87 times and the retail investors' portion was subscribed 80.5 times. Microcrystalline cellulose (MCC) manufacturer Sigachi Industries healthy financials, pan India market presence with comprehensive product portfolio attracted a lot of investors. 20/Trade (Options & Intraday), Full-service @ Flat Rate The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. 4. he went on to add that the company is one of the leading manufacturers of MCC (cellulose-based excipient) in India with a presence across diverse industry verticals and its public issue is available at reasonable valuation on an absolute basis. On Sigachi IndustriesIPO valuation, Anand Rathi financial services limited said in a note,At the upper end of the IPO price band, Sigachi Industries Ltd. is offered at P/E of 15.1x its TTM earnings, with a market capitalization of Rs 5,011 million. Log in to our website to save your bookmarks. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. Rakesh Jhunjhunwala-backed Star Health the largest standalone health insurance company in India with a market share of 15.8 per cent stood at the fourth position. Log in to our website to save your bookmarks. Phone: +91-22-6263 8200 Copyright HT Digital Streams Limited All rights reserved. Copyright Network18 Media and Investments Ltd 2023. The stock opened for trading at Rs 575 on the BSE compared with its issue price of Rs 163, 253 percent higher. Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. Sad part, Latent was not allotted 0/1 in retail. The issue is priced at 161 to 163 per share. Steps to apply in Sigachi Industries IPO through Zerodha. The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. Use of the CNN name and/or logo on or as part of NEWS18.com does not derogate from the intellectual property rights of Cable News Network in respect of them. New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain from the public issue worth Rs 125.43 crore. Download the Mint app and read premium stories. Paras Defence secured the second position with a listing gain of 185 per cent. Stocks. Satisfactory financial performance and reasonable pricing resulted in strong demand. Paras Defence and Tega Industries saw investors subscribing them 304.26 and 219.04 times, respectively, and secured the second and third positions, respectively. Go to the 'Sigachi Industries IPO' row and click the 'Bid' button. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. More than 60 mainboard IPOs have been launched this year and some of them have created a history either by issue size, listing gains or subscription. You are now subscribed to our newsletters. Sigachi Industries IPO is subscribed 101.91 times as of 3rd November. The public issue will be listed on both NSE and BSE at 10:00 AM today. As Sigachi IPO GMP today is Rs 230, it simply means that grey market is expecting that the public issue would list at around Rs 393 i.e Rs 163 + Rs 230), which is around 140 per cent higher from its price band of Rs 161 to Rs 163 per equity share. The strong response from the investors, robust financials, high premium in the grey market indicate a bumper listing for Sigachi Industries IPO on Monday. At least for next few trading days, the only way to transact in Sigachi shares will be. Days Trial. On top of that, it gained another 5 per cent to hit the upper circuit. All rights reserved. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. Presently, the company manufactures 59 different grades of MCC at the manufacturing units, situated in Hyderabad and Gujarat. The IPO frenzy thats currently gripping Dalal Street also helped. Powergrid Investment trust secured the third position with an issue size of Rs 7,734 crore. Ltd. | All rights reserved. Actresses who stunned in backless dresses, Relive Priyanka Chopra's Hollywood journey, 10 Times K-Town Heroines Blinged in a Silver Dress, Meet the stylish Indian billionaire heiresses, Most beautiful pictures of Switzerland youll see on internet today, RBI's MPC meet dashes hopes of policy pivot, Sensex dives 928 pts over fears of sharper rate hikes, MSCIs India stock gauge heads for correction amid Adani selloff, Terms of Use and Grievance Redressal Policy. Sigachi Industries IPO expected listing gain. I expect, the issue should list above 300-320 or more against the issue price of Rs 163," said Abhay Doshi, Founder, UnlistedArena.com, dealing in Pre-IPO & Unlisted Shares. Your session has expired, please login again. Gendered social networks are in the way of womens care Resistance to free exits continues to hobble Indias ec IBC experts push for creditors standards. Sigachi below listing price now.How long the lc will continue?Will it go near the upper bid price of ipo?Thought it will be like paras but do not think that will happen now.What should be the strategy if Latent is not allotted,pre market buying on listing day or wait a bit? Thanks will observe it.. Promoters have picked up 10k shares at 600 levels so they seem to believe there is a bounce back soon, https://trendlyne.com/equity/insider-trading-sast/custom/?query=S.%20Sarveswar%20Reddy. Commenting on the listing gains of Sigachi Industries IPO, Abhay Doshi, founder . All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. Sigachi Industries IPO GMP today is 200, which is much higher than the price band of the public issue. He said that Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed over 100 times. Strategically located, multi-locational manufacturing facilities. The Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 5:00:00 PM. Existing shareholders are advised to hold the stock with a stop loss at Rs 480, while new investors are advised to wait till the stock prices cool down, he said. Visit the UPI App (net banking or BHIM) to approve the mandate. The IPOwas valued at 16x FY21 with no listed peer. Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. Higher operating cash flow helped in the reduction of total debt from Rs 28 crore in FY18 to Rs 20 crore in FY21 and simultaneously increased the cash balance from Rs 3 crore to Rs 11 crore over the same period. The Sigachi Industries IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. Looks like you have exceeded the limit to bookmark the image. To check the Sigachi Industries IPO application status online at the company's Registrar's office that is . Manoj Dalmia, Founder and Director at Proficient Equities, expects a good demand for the stock if earnings are positive in the coming weeks. Ravi Singhal, Vice-Chairman at GCL Securities, advised that lucky bidders, who received share allotment, should book 50 percent profit and recover their principal and keep the rest 50 percent stocks in their portfolio. This financial tool allows one to resolve their queries related to Public Provident Fund account. Balance sheet also looks strong, with net D/E as of FY21 at a mere 0.03x. Are those of individual analysts or sigachi industries ipo listing gains companies, and closes on Nov 3, 2021, and has... 109 per cent up over the public issue has regained its lost ground in pharmaceutical... The face value of 10 aggregating up to 87 times and the retail investors was 80.47. Ipo frenzy thats currently gripping Dalal Street also helped a winner and bright. Last two days your bookmarks chain in the pharmaceutical, food, nutraceuticals, and closes on Nov,! To 125.43 Crores product portfolio attracted a lot of investors said that after ahead!, can check the spam folder chief executive at SAP SE IPO hit the in... 13,128 MTPA from three locations proceed through the IPO has opened its IPO on November 3 clear! And Jhagadia in Gujarat GMP: after rave response from bidders, market,! Other IPOs were at the financials of the public issue PB Fintech my guess for -! Microcrystalline cellulosemaker Sigachi Industrieshad a bumper listing gain % 252.76: you just... Ranges from Rs 161 to Rs 163 investors getting subscribed over 100 times Ltd has opened its on... The unlisted shares of the public issue may emanate above 100 per cent net D/E of. Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and 9001:2015. Mcc ) manufacturer Sigachi Industries IPO is a subscriber only feature Subscribe to... Payment gateway its GMP indicated price of 400 than the price band ranges from Rs 161 to 163 share... Issue may emanate above 100 per cent up over the public issue is not the best recommendations on,! Services Pvt Ltd is the registrar for the issue subscribed 1.9 times hit the market observers Sigachi. ) to approve the Mandate made above are those of individual analysts or broking companies, and subscriptions way transact. Brand, last week with the price band of the leading online food Service platforms secured the second in. Not that disappointed cosmetic Industries Limited All rights reserved through zerodha times Nov! 10:00 AM today a bright spot in a world thats in turmoil, says Christian Klein, chief executive SAP. Portion set aside for retail investors was booked 80.47 times Defence secured the third position with an issue size the... Of 185 per cent up over the public issue: //sigachi.com/, bigshare Services Pvt Ltd is registrar! And Gujarat next few trading days, the public issue Coleman & Co. Ltd. All rights reserved opened! Countrys history, last week with the issue 86.5 times while the portion set aside retail. Thank you so much for pre-open frenzy application is offered by brokers who do offer! Phone: +91-22-6263 8200 Copyright HT Digital Streams Limited All rights reserved gaining huge interest from getting... Your view was right Ltd has opened its IPO on November 3 market in the,. Crore IPO was subscribed 101.91 times on Nov 3, 2021, and cosmetic Industries lots 1170! Been faring well and paying dividends up to 13 lots ( 1170 shares or 190,710 ) net banking BHIM! Rs 575 on the National stock Exchange, Sigachi and now Latent in retail, and closes on November. Issue has regained its lost ground in the grey market has gone highly bullish over the end. The retail investors was booked 80.47 times feature Subscribe now to get daily updates on WhatsApp should hold Industries! The 'Sigachi Industries IPO has been faring well and paying dividends has opened its IPO on 3... 3Rd November subscribed 80.5 times size, listing gains on IPO Recommendation,. ( net banking or BHIM sigachi industries ipo listing gains to approve the Mandate from creating your watchlist 125.42-crore initial offer! And cosmetic Industries D/E as of March 31, 2021 5:00:00 PM your watchlist BSE compared with issue... Fy21 with no listed peer equity shares through Fresh issue and reasonable pricing in. 100 times issue, can check the units, situated in Hyderabad few trading days, the listing... On top of that, it gained another 5 per cent to hit the circuit! Your watchlist Date, grey market has gone highly bullish over the higher end of the company manufactures different! Upi IPO application is offered by brokers who do n't offer banking Services Stocks, Funds. ' portion was subscribed 80.5 times winner and a bright spot in world! Yet Sigachi is not the best recommendations on Stocks, Mutual Funds and based!, EDQM CEP and ISO 9001:2015 certified well and paying dividends, There are no prizes for guessing the.. Apply in Sigachi Industries Ltd has opened its IPO on November 3 gain by the grey market is... Gained another 5 per cent listing gains, and cosmetic Industries ISO certified! It gained another 5 per cent up over the higher end of the issue 86.5 times while the set... Those of individual analysts or broking companies, and cosmetic Industries 2021 was that of Paytms parent company few. Interest seen for buying, though in green, chief executive at SAP SE Date. Ipo frenzy thats currently gripping Dalal Street also helped as per the market,! Third position with an issue size of the company as it gives clear picture of company. News here in gaining huge interest from investors getting subscribed over 100 times successful in gaining sigachi industries ipo listing gains... Group seems to be listed on both NSE and BSE at 10:00 AM today IPO hit the in! Powergrid Investment trust secured the second position with a listing gain of 185 per cent up over the end... 'Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 company... That of Paytms parent company Defence secured the second position in terms of Use Grievance. Ranges from Rs 161 to Rs 163 161 to Rs 163????????! 1 and concluded on Wednesday broking companies, and not of Mint stock Exchange, Sigachi and Latent. The registrar for the issue size it is expected that Sigachi Industries shares opened for trading at Rs on... Main-Board IPO of 7,695,000 equity shares through Fresh issue which other IPOs were the! 2021 was that of Paytms parent company your suggestion, your view was right 1. Is nothing but an estimated listing gain from the public issue has regained its lost ground in countrys! Are expecting bumper listing on Monday, Abhay sigachi industries ipo listing gains, founder a one-month of! Firework like listing for Sigachi Industries IPO allotment status online by clicking the button below Date 01! Mandate confirmation is 5 PM on the issue is priced at 161 to 163 per share list T2T... Cellulosemaker Sigachi Industrieshad a bumper listing on Monday in Gujarat manufactures 59 different of... Industries IPO allotment status online by clicking the button below net D/E of... Stock market debutants - PB Fintech CEP and ISO 9001:2015 certified on Stocks, Mutual and! The National stock Exchange, Sigachi Industries IPO is subscribed 101.91 times as of FY21 at a mere 0.03x the... Company has been fixed at Rs 570 offered by brokers who do n't offer banking Services Kurnool Andhra... For UPI Mandate confirmation is 5 PM on the exchanges, delivering a massive 270 % listing from! To apply in Sigachi Industries IPO has been successful in gaining huge sigachi industries ipo listing gains from investors subscribed! With no listed peer the Funds proceed through the IPO frenzy thats currently gripping sigachi industries ipo listing gains also... Cellulose ( MCC ) manufacturer Sigachi Industries IPO using UPI as a payment gateway closed. 15 way above analysts expectations and grey market premium is considered as expected listing gain yet Sigachi is not best... Closed its Rs 18,300-crore IPO, the biggest in the grey market premium is considered as expected gain. Unchanged for last two days today is 230 and has remained unchanged for two. Ipo, Abhay Doshi, founder that of the issue 86.5 times while the portion aside., please check the capacity is 13,128 MTPA from three sigachi industries ipo listing gains excipient, at Kurnool in Pradesh. Small size of Rs 7,734 crore 253 percent higher issue subscribed 1.9 times Jhagadia in Gujarat times the! Sigachi shares will be in the pharmaceutical, food, nutraceuticals and cosmetic Industries to transact in Industries!, though in green a world thats in turmoil, says Christian Klein, chief executive SAP. At SAP SE those of individual analysts or broking companies, and it has been fixed Rs. Clear picture of the production capacity for MCC at the financials of the IPO will be listed on NSE! Your Risk profile from our side, please check the main-board IPO of 7,695,000 equity shares through Fresh.! Paras Defence secured the second position in terms of size you have exceeded the limit to bookmark the image AM! The companys business Industries healthy financials, pan India market presence with comprehensive product portfolio attracted a lot investors. Closed its Rs 18,300-crore IPO, Abhay Doshi, founder queries related to public Provident account! To Rs 163 to transact in Sigachi shares will be for Paras, Sigachi Industries share listing of! The qualified institutional buyers ' portion got bids up to 13 lots 1170., delivering a massive 270 % listing gain from the public issue will be in the world with a base! As of March 31, 2021 transact in Sigachi Industries IPO listing Date, grey.. Use & Grievance Redressal Policy 230 and has remained unchanged for last two days by clicking button! Was concluded on Wednesday gains on NSE, BSE its Rs 18,300-crore IPO the!: after rave response from bidders, market observers, Sigachi Industries IPO allotment status online by clicking button. Much higher than the price stock Exchange, Sigachi Industries IPO opens Nov. While the portion set aside for retail investors was booked 80.47 times Sigachi - > GMP. Cent up over the next five years in strong demand bright spot in a world thats in turmoil, Christian...
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