Monday, October 25, 2021

Sigachi Industries IPO Date, Review, Price, Form & Market Lot Details

Sigachi Industries IPO to hit the market on 01 November and will close on November 03, 2021 as per the RHP filed. Sigachi Industries IPO to raise around ₹125 crores via IPO that comprises fresh issue of 7,695,000 equity shares of ₹10 each. The retail quota is 35% with QIB 50% and HNI 15%.

Sigachi Industries Limited incorporated in 1989 based in Hyderabad. Sigachi Industries is one of the leader in the field of Pharma Excipients, Nutra and food ingredients. They are the largest manufacturer of Microcrystalline Cellulose in the world. They have their supply chain in the world with customer base across the globe. The company established itself as one of the dependable supplier of their products in Asia, Australia, American Continent, Europe and Middle East. Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified. Check out Sigachi Industries IPO details.

Important Details:
  • Market leader in Pharma Excipients, Nutra and food ingredients field.
  • Largest Manufacturer and supplier of Microcrystalline Cellulose in the world.
  • Manufacturing unit in Hyderabad and Gujarat.
  • Operating under their brand names HiCel and AceCel.
  • The issue to expanse the production capacity at Dahej and Jhagadia in Gujarat
  • Good customer base across the globe.
  • The PAT looks strong in last few years.
Sigachi Industries

    Sigachi Industries IPO Review

    • Apply for Listing Gain and Long Term Gain

    Brokerage Firm IPO Reviews

    • JM Financial: Neutral
    • Marwadi Shares and Finance: Apply

    Sigachi Industries IPO Date & Price Band

     IPO Open:  01 November 2021
     IPO Close:  03 November 2021
     IPO Size:  Approx ₹125 Crores
     Fresh Issue:  Approx 7,695,000 Equity Shares
     Offer for Sale:  Approx N/A
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹161 to ₹163 Per Share
     Listing on:  BSE & NSE
     Retail Quota:  35%
     QIB Quota:  50%
     NII Quota:  15%
     Discount:  N/A
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    Sigachi Industries IPO Market Lot

    The Sigachi Industries IPO minimum market lot is 90 shares with ₹14,670 application amount. The retail investors can apply up-to 13 lots, 1170 shares with ₹190,710 application amount.
     Minimum Lot Size:  Minimum 90 Shares for 1 lot
     Minimum Amount:  ₹14,670 for 1 lot
     Maximum Lot Size:  Maximum 1170 Shares for 13 lot
     Maximum Amount:  ₹190,710 for 13 lot

    Sigachi Industries IPO Date, Time Table, Allotment & Listing

    The Sigachi Industries IPO date is 01 November 2021 and the IPO close date is 03 November 2021. The allotment date is 10 November 2021 and the IPO may list on 15 November 2021.
     Price Band Announcement:  26 October 2021
     Anchor Investors Allotment:  29 October 2021
     IPO Open Date:  01 November 2021
     IPO Close Date:  03 November 2021
     Basis of Allotment:  10 November 2021
     Refunds:  11 November 2021
     Credit to Demat Account:  12 November 2021
     IPO Listing Date:  15 November 2021

    Sigachi Industries IPO Form

    How to apply the Sigachi Industries IPO? You can apply Sigachi Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sigachi Industries IPO in the Invest section. The other option you can apply Sigachi Industries IPO via IPO forms download via NSE and BSE. Check out the Sigachi Industries forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.


    Sigachi Industries Company Financial Report

      ₹ in Crores

    Assets Revenue Expense PAT
    2019 ₹91.46 ₹132.88 ₹108.15 ₹19.01
    2020 ₹109.14 ₹143.95 ₹118.61 ₹20.32
    2021 ₹133.40 ₹196.01 ₹157.53 ₹30.26

    Company Promoters

    • Rabindra Prasad Sinha
    • Chidambarnathan Shanmuganathan
    • Amit Raj Sinha
    • RPS Projects & Developers Private Limited

    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
    Phone: +91-22-6263 8200
    Email: ipo@bigshareonline.com
    Website: https://www.bigshareonline.com
    Note: Check Sigachi Industries IPO allotment status on Bigshare website allotment URL. Click Here

    Sigachi Industries IPO Lead Managers

    • Saffron Capital Advisors Private Limited

      Company Address

      Sigachi Industries Limited
      Registered Office: 229/1 & 90, 4th floor,
      Kalyan’s Tulsiram Chambers,
      Madinaguda, Hyderabad - 500 049
      Telangana, India
      Telephone: +91 040 4011 4874/75/76
      Contact Person: Shreya Mitra
      Company Secretary and Compliance Officer
      E-mail: cs@sigachi.com
      Website: www.sigachi.com
      Corporate Identity Number: U24110TG1989PLC009497

      Sigachi Industries IPO FAQs


      What is Sigachi Industries IPO?

      Sigachi Industries IPO is a main-board IPO. They are going to raise ₹125 Crores via IPO. The issue is priced at ₹161 to ₹163 per equity share. The IPO to be listed on BSE & NSE.

      When Sigachi Industries IPO will open?

      The IPO is to open on 01 November 2021 for QIB, NII, and Retail Investors.

      What is Sigachi Industries IPO Investors Portion?

      The investors' portion for QIB 50%, NII 15%, and Retail 35%.

      How to Apply the Sigachi Industries IPO?

      You can apply Sigachi Industries IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

      How to Apply the Sigachi Industries IPO through Zerodha?

      Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Sigachi Industries Finance". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

      How to Apply the Sigachi Industries IPO through Upstox?

      Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Sigachi Industries Finance". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.

      What is Sigachi Industries IPO Size?

      Sigachi Industries IPO size is ₹125 crores. The IPO comprises 7,695,000 equity shares of fresh issue and offer for sale of - equity shares.

      What is Sigachi Industries IPO Price Band?

      Sigachi Industries IPO Price Band is ₹161 to ₹163 per equity share.

      What is Sigachi Industries IPO Minimum and Maximum Lot Size?

      The minimum bid is 90 shares with ₹14,670 amount while maximum bid is 1170 shares with ₹190,710.

      What is Sigachi Industries IPO Allotment Date?

      Sigachi Industries IPO allotment date is 10 November 2021.

      What is Sigachi Industries IPO Listing Date?

      Sigachi Industries IPO listing date is 15 November 2021. The IPO to list on BSE and NSE.

      Note: The Sigachi Industries IPO details is announced officially. The IPO grey market premium (Sigachi Industries IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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