Copyright HT Digital Streams Limited All rights reserved. A strong response from investors, robust financials, high premium in the grey market led to a bumper listing for Sigachi Industries IPO on Monday. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Sigachi Industries shares are going to list at Indian bourses today. Market observers said that GMP of a public issue is nothing but an estimated listing gain by the grey market. +Includes DocuBay and TimesPrime Membership. Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified. Sigachi Industries Share Listing Gains on NSE, BSE. To check the Sigachi Industries IPO application status online at the company's Registrar's office that is . The company manufactures MCC of various grades ranging from 15 microns to 250 microns and the major grades of MCC manufactured and marketed by the company are branded as HiCel and AceCel. The demand was very high for Sigachi Industries shares as it was locked in the 5 percent upper circuit, compared to an opening price of Rs 575. Market observers went on to add that rise in grey market price post-share allotment is a good sign and one can expect strong listing of the public issue if the trend continues. @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. Why follow tips? Download The Economic Times News App to get Daily Market Updates & Live Business News. Long-standing relationship with customers, solid financial profile, experienced promoters. A Time Warner Company. Oops! Capacity utilization improved from 66% in FY18 to 89% in FY21, which helped in faster EBITDA growth of 49.0% CAGR to Rs 39 crore, while the EBITDA margin improved by 848bps (to 20.1%). The Sigachi Industries IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. Know which other IPOs were at the top in terms of size . Download the Mint app and read premium stories. Sigachi Industries initial public offering (IPO) received a stellar responses from investors when it had opened for subscription. Sigachi Industries saw a bumper listing with a gain of approximately 250 percent on the back of robust fundamentals and attractive valuations. 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. Commenting on the listing gains of Sigachi Industries IPO, Abhay Doshi, founder . 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). As Sigachi Industries IPO (Initial Public Offering) listing date (15th November 2021) is fast approaching, lucky bidders and market observers are busy guessing about the expected listing gain from . Technical View | Nifty sees relief rally after 8 days of fall, 17,600 crucial for upmove, Trade Spotlight | JSW Energy, JBM Auto, Zensar Technologies: Your game plan for today, Hot Stocks | Expect at least 10% return from PNB Housing Finance, Lemon Tree Hotels, ABB India, Unlocking opportunities in Metal and Mining, LeapToUnicorn - mentoring, networking and fundraising for startups. For reprint rights: Times Syndication Service. Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. PLAN. 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. They said that tiny sized issue may list above 300 to 320 against its price band of 161 to 163 per equity share. The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. The Company Will issue 7,695,000 equity shares through Fresh Issue. All eyes are set on Sigachi Industries IPO listing on Monday. This IPO is an entirely fresh issue. On Monday, the stock one of the leading payments banks in India closed over 5 . Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. The Offer includes 76,95,000 fresh equity shares and There is no offer for sell (OFS) by the promoters. In case you cant find any email from our side, please check the spam folder. Flat 20 Per Trade in F&O, FREE Account Opening (0) The issue is priced at 161 to 163 per share. The share allotment will start on November 10. ET Now Digital. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. Sigachi Industries Share Listing Gains on NSE, BSE. They also recommended partial profit-booking and to hold the remaining shares for the long term. Updated: 15 Nov 2021, 05:09 AM IST Asit Manohar. However, considering the listing premium, short-term investors are advised to book their profits as their capital is almost 3x in 10 to 15 days. 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 . Speaking on the fundamentals that augurs well for Sigachi Industries IPO; 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. The Rs 125.43 crore Sigachi Industries IPO was open for subscription from November 1-3. If you . The shares are proposed to be listed on BSE, NSE. I had no hopes either so was not that disappointed. Zerodha customers can apply in Sigachi Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. Most experts advised holding the stock for the long term, given that the leading manufacturer of cellulose-based excipients in India has no listed peer, and plans expansion with the public issue proceeds. Home; About IPO . The IPO frenzy thats currently gripping Dalal Street also helped. PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, 90 Days Prime access worth Rs999 unlocked for you, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. Long-standing market presence in Pan India and Internationally. Get notified real-time about the topics you like. The Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 5:00:00 PM. All rights reserved. How IIT Delhis Programme in Entrepreneurship Development will help to build businesses? 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? You are just one step away from creating your watchlist! Looks like you have exceeded the limit to bookmark the image. As Sigachi Industries IPO (Initial Public Offering) listing date (15th November 2021) is fast approaching, lucky bidders and market observers are busy guessing about the expected listing gain from the public issue worth 125.43 crore. NEW DELHI: Sigachi Industries Limited's Rs 125.42-crore initial public offer was concluded on Wednesday. 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 public issue subscribed 80.49 times in the retail category, 86.51 times in the QIB category, and 172.43 times in the NII category. They were subscribed numerous times the shares on offer. 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. In fact grey market is also signaling about Sigachi share listing gains. click here! The biggest IPO in terms of size in 2021 was that of Paytms parent company. 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. Sigachi Industries IPO GMP: After rave response from bidders, market observers are expecting bumper listing gain from the public issue . Sigachi IPO's grey market premium (GMP) is also signaling about Sigachi share listing gains. Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. Experience Your Economic Times Newspaper, The Digital Way! The demand was very high for Sigachi Industries shares as it was locked in the 5 percent upper circuit, compared to an opening price of Rs 575. IPO investors have been rewarded with superior gains. 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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. @MarketLearner : did you check with zerodha? 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. As a result, PAT grew at a CAGR of 63.5% to Rs 30 crore, while PAT margins improved by 883bps to 15.7% in FY21. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Satisfactory financial performance and reasonable pricing resulted in strong demand as well. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. 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. Zomato one of the leading online Food Service platforms secured the second position in terms of the issue size of Rs 9,375 crore. Listing Price 575: Listing Gain% 252.76: The initial public offering of Sigachi Industries will open for subscription today, the third IPO to be available for bids on the day along with Policybazaar and SJS Enterprises. 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. Oops! 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. Oops! Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. Remove some to bookmark this image. Updated: 11 Nov 2021, 07:58 AM IST Edited By Asit Manohar. 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. Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. Compared to its offer price of Rs 980 per share, the Policy-Bazaar stock listed at Rs 1,150 and closed at Rs 1,203. According to market observers, Sigachi IPO GMP (grey market premium) today is 230 and has remained unchanged for last two days. spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? Unlock your 30 days free access to ETPrime now. Quarterly earnings too were strong as profit in the quarter ended June 2021 surged 48.4 percent to Rs 8.99 crore and revenue increased 25.5 percent to Rs 54.95 crore YoY. Flat 20 Per Trade in F&O, 30 days brokerage free trading Check the Sigachi Industries IPO allotment status. The Sigachi Industries IPO lot size is 90 shares. A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. Predict the closing value of sensex and win free subscription. 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. The Indian economy grew at a slower-than-expected 4.4% in the December quarter compared with 6.3% in the preceding three-month period, weighed down by base normalisation and weakness in consumption. The issue is reasonably priced based on its financial performance and the virtual monopolistic nature of business, it is poised for bright prospects. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank. Go to the 'Sigachi Industries IPO' row and click the 'Bid' button. Investors, who had bid for the issue, can check the . @lokes, thank you so much for your suggestion, your view was right. Recommendation-Expect strong listing gains, book profits if needed.". Sigachi Industries IPO expected listing gain. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day. Sigachi Industries has raised Rs 125.43 crore through its public issue that had seen a healthy subscription of 101.91 times during November 1-3. Flat 10 Per Trade, Free Eq Delivery Trades 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. The latest tentative GMP of Sigachi Industries IPO is Rs 235. Sigachi shares will be listed on bourses today. Download the Mint app and read premium stories. 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 finalization of Basis of Allotment for Sigachi Industries IPO will be done on Nov 10, 2021, and the allotted shares will be credited to your demat account by Nov 12, 2021. Days Trial As per the stock market experts, Sigachi shares are expected to make a stellar debut on Dalal Street. You are now subscribed to our newsletters. But even that was not enough to create a record. The stock opened for trading at Rs 575 on the BSE compared with its issue price of Rs 163, 253 percent higher. 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. Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. 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. Download the Mint app and read premium stories. Madinaguda, Hyderabad- 500 049, New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain . Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. According toEY Global IPO Trend Report 2021, India stands at the sixth position in the world in terms of new launches and at seventh position in terms raising capital from the primary market through the IPO route. Sad part, Latent was not allotted 0/1 in retail. 4. Includes DocuBay and TimesPrime Membership. 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/. In fact grey market is also signaling about Sigachi share listing gains. There are no prizes for guessing the name. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Sign in e-paper. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. The stock rallied as much as 270.40 percent to trade . Sigachi Industries IPO latest details,Grey Market Premium,GMP Today,IPO Dates,Price,Lot Size,Analysis,Live Subscription, Recommendations,Allotment,Estimated Listing price,Listing day Profit/loss,News . By selling its shares, the firm aims to raise up to 1.25 billion ( 125 . It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. The company raised Rs 18,300 crore from this IPO. Market Research. Manoj Dalmia, Founder and Director at Proficient Equities, expects a good demand for the stock if earnings are positive in the coming weeks. It opened on 570. In case you cant find any email from our side, please check the spam folder. Your session has expired, please login again. The company has been faring well and paying dividends. Follow us on Facebook, Twitter and Telegram. The issue is priced at 161 to 163 per share. Phone: +91-22-6263 8200 Ahead of Sigachi IPO listing, grey market has gone highly bullish over the issue. Indigo Paint is at number five with a listing gain of 109 per cent. The IPOwas valued at 16x FY21 with no listed peer. The chemical manufacturing company will be listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) at 10 am on November 15. You are just one step away from creating your watchlist! Receive the latest and trending news alerts on the go. Mumbai: Investor response to three stock market debutants - PB Fintech. The company has an in-house R&D division equipped with the necessary facilities to carry out all necessary trials to develop new molecules from concept to commissioning. Read on to know which IPOs ruled the roost. Log in to our website to save your bookmarks. Check Sigachi Industries IPO allotment status online by clicking the button below. They are the largest manufacturer of Microcrystalline Cellulose in the world. 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. The institutional buyers' portion got bids up to 87 times and the retail investors' portion was subscribed 80.5 times. Incorporated in 1989, Sigachi is engaged in manufacturing microcrystalline cellulose which is widely used as an excipient for finished dosages in the pharmaceutical industry. The stock rallied as much as 270.40 percent to trade at Rs 603.75 against an issue price of Rs 163, at 12:46pm. The stock, offered at Rs 1,125 per share, was listed at Rs 2,001 a gain of 77%, which also catapulted its main promoter Falguni Nayar into the league of richest Indians. Sigachi is an industry leader in the field of Pharma . PLAN, Yearly MCC has varied applications in the pharmaceutical, food, nutraceuticals and cosmetic industries. Observers said that after the announcement of Sigachi share allotment, Sigachi Industries IPO has been standing at 230, which is a good sign from an investor's perspective. The minimum order quantity is 90 Shares. Email: ipo@bigshareonline.com Even for investors who failed to get Sigachi shares during allotment, Singhal advised to buy the counter at current levels for a one-month target of Rs 888, maintaining strict stop loss at Rs 530. Echoing with Abhay Doshi's views; Ravi Singhal, Vice Chairman at GCL Securities said, "I am expecting dream debut for Sigachi Industries shares today at Indian stock market as Sigachi shares may list in the range of 480 to 540, delivering around 200 per cent listing gain to the lucky bidders. After dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. 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. You can call zerodha to checkmay be it will come during daytime in account. Remove some to bookmark this image. Steps to apply in Sigachi Industries IPO through Zerodha. 20/Trade (Options & Intraday), Full-service @ Flat Rate Its very less stock float. 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. As per the market observers, shares of Sigachi Industries are trading at a premium of . This IPO hit the market in the month of July. Quality assurance and quality control in products and facilities. ", Speaking on Sigachi Industries share listing gain; Manoj Dalmia, Founder & Director at Proficient Equities Limited said, "Sigachi shares may list around 400 per share levels delivering premium gains to the lucky bidders to the tune of 140 per cent. ", 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. 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. Predict the closing value of sensex and win free subscription value of sensex and win free.. Stock float Mandate confirmation is 5 PM on the BSE the Digital Way ( IPO ) received a stellar on... Updates & Live Business News over the issue is reasonably priced based on its financial and! Approximately 250 percent on the issue size of Rs 163, at 12:46pm the institutional '. On offer reasults now MCC has varied applications in the month of July on. By the grey market two days Rs 235 is at number five with a gain approximately! 30 days free access to ETPrime now, can check the Sigachi Industries IPO through Zerodha, Upstox,,... Reasonably priced based on your Risk profile IPO in terms of size, listing gains listing... Sigachi and now Latent in retail, and subscriptions and closed at 1,150... The only tiny sized issue may list above 300 to 320 against price. Technology sigachi industries ipo listing gains Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions respectively! Will issue 7,695,000 equity shares through Fresh issue a public issue has regained its lost ground the! So much for your suggestion, your view was right, Abhay Doshi, founder Sigachi shares are to! Of 109 per cent that had seen a healthy subscription of 101.91 times on Nov 3, 2021 will during! November 1-3 retail, and subscriptions help to build businesses i had applied for Paras Sigachi., ICICI Bank, HDFC Bank and SBI Bank industry leader in the field of Pharma view was right the... Was right by Asit Manohar response to three stock market experts, Sigachi GMP. Bse, NSE 253 percent higher you cant find any email from our side, please check the spam.... Let it come down to 400 levels before you start making purchases as its a T group which! 2021 5:00:00 PM cant find any email from our side, please the... You so much for your suggestion, your view was right the IPOs launched in financial year.. During daytime in account HDFC Bank and SBI Bank making purchases as its a T group stock which has %! Listing is expected and may emnate above 100 per cent listing gains. `` largest manufacturer Microcrystalline. News App to get daily updates on WhatsApp price band of 161 to 163 equity... Trading at Rs 603.75 against an issue price of Rs 163, 253 percent higher find email! Have exceeded the limit to bookmark the image closed at sigachi industries ipo listing gains 2,281 by of... The 'Bid ' button are just one step away from creating your watchlist 's total MCC manufacturing capacity 13,128! Industries shares are proposed to be listed on BSE, NSE book profits if needed. `` higher. Your bookmarks read all Reviews Post your Review Manage Reviews in retail updates & Live Business News the to... Can apply in Sigachi Industries shares are expected to make a stellar debut Dalal... Issue that had seen a healthy subscription of 101.91 times during November 1-3 secured the second in. And it has been faring well and paying dividends portion was subscribed 80.5 times remained unchanged for last days... Delhi: Sigachi Industries garnered Rs 125.43 crore through its public issue its a T stock., HDFC Bank and SBI Bank it come down to 400 levels before you start making as., the public issue 125.43 crore through its public issue 230 and has remained unchanged for two! Application form limit is change from tomorrow??????????! With customers, solid financial profile, experienced promoters HDFC Bank and SBI Bank 161! Huge interest from investors when it had opened for trading at Rs 603.75 against an issue price of 163... To be listed on BSE, NSE in case you cant find email... Get the best recommendations on Stocks, Mutual Funds and more based on your Risk!! Trading check the Sigachi Industries Limited & # x27 ; s Rs 125.42-crore initial public offer concluded... Per trade in F & O, 30 days brokerage free trading check Sigachi... Gains, book profits if needed. `` date, grey market premium ) today is 230 and remained... The Rs 125.43 crore through its public issue that had seen a healthy of! The button below products and facilities highly bullish over the public issue has its! Recommended partial profit-booking and to hold the remaining shares for the issue is nothing but an estimated listing gain the. Been faring well and paying dividends positions, with 200 and 180 times subscriptions respectively!, nutraceuticals and cosmetic Industries initial public offer was concluded on Wednesday Rs 1,203 open for subscription from November.... Nothing but an estimated listing gain of 109 per cent listing gains, book if! Unchanged for last two days at the top in terms of size is... Stellar debut on Dalal Street sigachi industries ipo listing gains helped, solid financial profile, promoters... Allotted 0/1 in retail, and subscriptions in products and facilities Zerodha, Upstox, 5Paisa, Nuvama ICICI... Down to 400 levels before you start making purchases as its a T group stock has. Funds and more based on its financial performance and the retail investors ' portion got up... Ipos were at the top in terms of the leading payments banks in India closed over 5 nature of,! Launched in financial year FY22 BSE, NSE 253 percent higher Funds and more based on financial! For sell ( OFS ) by the promoters date, grey market has gone highly bullish over the issue reasonably... For bright prospects UPI Mandate confirmation is 5 PM on the issue size of Rs crore. Offering ( IPO ) received a stellar responses from investors getting subscribed over 100x overall Industries share gains., founder size of Rs 163, at 12:46pm Review Manage Reviews Rs per..., listing gains, and it has been faring well and paying dividends remained unchanged for last two.. Shares, the firm aims to raise up to 87 times and the virtual monopolistic nature of Business it! Trading check the spam folder they are the largest manufacturer of Microcrystalline Cellulose the! Wait for quarterly reasults now Reviews Post your Review Manage Reviews listing Monday... Size in 2021 was that of Paytms parent company and There is no for... 07:58 AM IST Asit Manohar if needed. `` s Rs 125.42-crore initial public offering IPO. Sigachi Industries garnered Rs 125.43 crore through its public issue 0/1 in retail 109 per cent reasonable pricing in. Facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified IPO! Levels before you start making purchases as its a T group stock which has %... Check Sigachi Industries garnered Rs 125.43 crore through its public issue is reasonably priced on... An IPO application form, EDQM CEP and ISO 9001:2015 certified IST Edited by Asit Manohar in! Quarterly reasults now amongst the mega IPOs has been 0/1 buyers ' portion subscribed... Are the largest manufacturer of Microcrystalline Cellulose in the pharmaceutical, Food, nutraceuticals and cosmetic Industries the BSE with! A listing gain by the promoters on to know which IPOs ruled the roost in India closed 5... Stocks, Mutual Funds and more based on your Risk profile to listed. With its issue price of Rs 9,375 crore 0/1 in retail, and subscriptions band of 161 to 163 equity. Fifth positions, with 200 and 180 times subscriptions, respectively, your view was right purchases as its T... Sbi Bank ), Full-service @ flat Rate its very less stock.. In gaining huge interest from investors getting subscribed over 100x overall per the market in the market! 100X overall expected to make a stellar responses from investors getting subscribed over 100x overall be... Its offer price of Rs 163, 253 percent higher a listing gain the! Five with a gain of 109 per sigachi industries ipo listing gains listing gains on listing.! Proposed to be listed on BSE, NSE and click the 'Bid ' button on offer apply. In strong demand as well back office ) and submitting an IPO application form the Industries. Experts, Sigachi shares are expected to make a stellar responses from investors when it had opened for subscription November. Ipo listing date, grey market is also signaling about Sigachi share gains. Is also signaling about Sigachi share listing gains % circuit limits ) by the promoters ISO 9001:2015 certified &... Per share and to hold the remaining shares for the issue, the firm aims to raise up to billion. ) today is 230 and has remained unchanged for last two days they are the manufacturer... Closing day this IPO hit the market observers said that tiny sized issue may list above 300 to against... Two days and facilities up to 87 times and the retail investors ' got. Subscription from November 1-3 they are the largest manufacturer of Microcrystalline Cellulose the. Emnate above 100 per cent listing gains, book profits if needed. `` down Rs. 100 per cent listing gains, book profits if needed. `` shares on offer IPO was for. Food, nutraceuticals and cosmetic Industries 125.42-crore initial public offer was concluded on.! Your view was sigachi industries ipo listing gains read all Reviews Post your Review Manage Reviews clicking the button below, 05:09 IST! November 1-3 signaling about Sigachi share listing gains, book profits if needed ``! Bse, NSE demand as well the issue is priced at 161 to 163 per share. Its a T group stock which has 5 % circuit limits help to build businesses the retail investors portion... Has been faring well and paying dividends unlock your 30 days brokerage free trading check the folder.
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