Presently, the company manufactures 59 different grades of MCC at the manufacturing units, situated in Hyderabad and Gujarat. The company raised Rs 18,300 crore from this IPO. 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 . Commenting on the listing gains of Sigachi Industries IPO, Abhay Doshi, founder . Looks like you have exceeded the limit to bookmark the image. You are just one step away from creating your watchlist! PLAN. Sigachi Industries IPO received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday. Sigachi recorded a 49 percent growth in profit at Rs 30.26 crore for the financial year FY21, compared to Rs 20.31 crore in previous year, and revenue grew by 38.6 percent to Rs 192.75 crore in the same period. 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. 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. My guess for Sigachi -> Its GMP indicated price of 400. Ltd. | All rights reserved. Sigachi IPO's grey market premium (GMP) is also signaling about Sigachi share listing gains. Sigachi Industries Share Listing Gains on NSE, BSE. 229/1 & 90, Kalyans Tulsiram Chambers, Looks like you have exceeded the limit to bookmark the image. 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%). Free - Relationship Manager click here! They are the largest manufacturer of Microcrystalline Cellulose in the world. 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. Average return ratios, RoE and RoIC stood at 38.1% (+1184bps) and 40.7% (+2085bps), respectively, in FY21. The details about the Sigachi Industries IPO is as: The issue size of the IPO is 125.43 Cr. The stockopened with 252.8 percent premiumat Rs 575 on the BSE against an issue price of Rs 163, making the biggest ever listing. Copyright Network18 Media and Investments Ltd 2023. Here is the list of top five contenders with the highest listing gains on the day of their market debut. The IPOwas valued at 16x FY21 with no listed peer. They advised bidders to look at the financials of the company as it gives clear picture of the company's business. 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. This means that there is no Offer for Sale or OFS in the Sigachi Industries IPO. IPO Subscription Status IPO Allotment Status IPO Listing Date Current IPO Upcoming IPO. 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. Last Updated: November 15, 2021, 08:43 IST, Sigachi Industries IPO listing on November 15. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. It'll just take a moment. You are now subscribed to our newsletters. Copyright e-Eighteen.com Ltd All rights resderved. Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. , which operates under the Nykaa brand, last week. According to market observers, Sigachi Industries grey market premium (GMP) today is 200, which is 20 higher from its yesterday's GMP of 180. Read all the Latest News, Breaking News and Coronavirus News here. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. Email: cs@sigachi.com 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. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Forgot to add another important thing. Investors, who had bid for the issue, can check the . NEW DELHI: Sigachi Industries clocked an eye-popping 252 per cent listing gains on Monday. , a manufacturer of ingredients that go into production of medicines, listed on Monday at more than three times its initial public offering (IPO) price. Visit the Zerodha website and login to Console. They also recommended partial profit-booking and to hold the remaining shares for the long term. 2499 1749, Monthly @MarketLearner : did you check with zerodha? Home; About IPO . Days Trial. 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Download the Mint app and read premium stories. Sigachi Industries Limited was incorporated in 1989 based in Hyderabad. Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. Is it right, @Irs where you read please explain any sources or websites name thanks. Sigachi Industries saw a bumper listing with a gain of approximately 250 percent on the back of robust fundamentals and attractive valuations. Sigachi Industries Limited, headquartered in Hyderabad has submitted Draft Red Herring Prospectus (DRHP) to Securities and Exchange Board of India (SEBI) for initial public offering (IPO) of 200 Crore on 09 August 2021. 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. Flat 20 Per Trade in F&O, 30 days brokerage free trading Remove some to bookmark this image. Listing Date: Nov 15, 2021. You are now subscribed to our newsletters. The company raised a fund of 125.43 Crores. On Monday, the stock one of the leading payments banks in India closed over 5% down at Rs 516, a discount of more than 10% to the offer price. Sigachi Industries Share Listing Gains on NSE, BSE, On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, Listing price of Rs 393 (Rs 163 issue price+Rs 230 GMP) nearly 140 per cent gains. Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. IPO investors have been rewarded with superior gains. Includes DocuBay and TimesPrime Membership. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited Sigachi Industries shares are going to list at Indian bourses today. Compared to its IPO price of Rs 163 per share, the stock listed at Rs 575 and closed the first days session on the bourses at Rs 604 an appreciation of 253% over its offer price, according to BSE data. Choose your reason below and click on the Report button. Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. 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. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. The latest tentative GMP of Sigachi Industries IPO is Rs 235. Zerodha customers can apply in Sigachi Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. Updated: 11 Nov 2021, 07:58 AM IST Edited By Asit Manohar. Mutual Funds. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. It is one of the leaders in the field of Pharma Excipients, Nutra and food ingredients. 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. Phone: +91-22-6263 8200 Finalization of Basis of Allotment: Nov 10, 2021. The stock opened for trading at Rs 575 on the BSE compared with its issue price of Rs 163, 253 percent higher. 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). They said that grey market premium is an unofficial data and one should not rely on it too much. 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. Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 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 IPO GMP today stood at Rs 230. Sigachi Industries IPO Schedule. Guys I read some where that results is on 25 November. The Company Will issue 7,695,000 equity shares through Fresh Issue. 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. For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 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. 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. Ipo open period can be reduced to 2 days Minimum amount to 25000, Sigachi ke operator ne uc me kal mal de diya. ASBA IPO application is available in the net banking of your bank account. Sigachi shares will be listed on bourses today. Stocks. 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. But even that was not enough to create a record. Sigachi Industries IPO GMP today is 200, which is much higher than the price band of the public issue. 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 :(. Thanks for your suggestion once again @lokes. . Remove some to bookmark this image. Free - Classroom Training, The Sigachi Industries IPO listing date is on. The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. 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. Free Eq Delivery & MF Go to the 'Sigachi Industries IPO' row and click the 'Bid' button. 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. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? 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. A strong response from investors, robust financials, high premium in the grey market led to a bumper listing for Sigachi Industries IPO on Monday. 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. @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. ", 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. Bigshare Services Pvt Ltd is the registrar for the IPO. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank. They said that generally GMP of a public issue goes down after the share allotment but in the case of Sigachi Industries IPO, grey market has remained bullish. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. Check Sigachi Industries IPO allotment status online by clicking the button below. Explore. Long-standing relationship with customers, solid financial profile, experienced promoters. Updated: 15 Nov 2021, 05:09 AM IST Asit Manohar. A Time Warner Company. At that time, the counter delivered a 260 per cent listing pop at Rs 180 against an issue price of Rs 50. MCC has varied applications in the pharmaceutical, food, nutraceuticals and cosmetic industries. 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. 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. Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. The Sigachi Industries IPO lot size is 90 shares. It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. Download The Economic Times News App to get Daily Market Updates & Live Business News. Visit the UPI App (net banking or BHIM) to approve the mandate. Get your daily dose of business updates on WhatsApp. Website: https://sigachi.com/, Bigshare Services Pvt Ltd 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. 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. 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? 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? 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. Dont miss out on ET Prime stories! The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. 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. 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.' All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. All rights reserved. PLAN, Yearly Investors may consider an investment with a medium to long term perspective. Bid/Offer Closes On: Nov 3, 2021. Copyright 2023 Outlook Publishing India Pvt. All rights reserved. The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. 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. CNN name, logo and all associated elements and 2023 Cable News Network LP, LLLP. Sigachi Industries IPO opened for subscription from November 1-3. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021.. Bigshare Services Pvt Ltd is the registrar for the IPO. Your session has expired, please login again. 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. By virtue of above factors and market sentiments, listing gains of around 135 per cent or 220 could be expected that translates into a strong listing price range around 383 a piece on the listing day.". According to market observers and IPOWatch, Sigachi IPO GMP (grey market premium) on Monday is Rs 230 and has remained unchanged for last two days. They said that after dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. Telangana, India 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. The price band ranges from Rs 161 to Rs 163. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. On top of that, it gained another 5 per cent to hit the upper circuit. 15th November 2021. The institutional buyers' portion got bids up to 87 times and the retail investors' portion was subscribed 80.5 times. But the IPO by Paytm failed to impress investors. The strong response from the investors, robust financials, high premium in the grey market indicate a bumper listing for Sigachi Industries IPO on Monday. A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. A SIP calculator is a simple tool that allows individuals to get an idea of the returns on their. Sigachi is an industry leader in the field of Pharma . Flat 20 Per Trade in F&O, Free Equity Delivery Sigachi IPO listing gains. 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. Download The Economic Times News App to get Daily Market Updates & Live Business News. After listing at a premium of 253% over the offer price, Sigachi shares were locked at the upper circuit of 603.75, 270% . On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 (Rs 163 issue price+Rs 230 . Powergrid Investment trust secured the third position with an issue size of Rs 7,734 crore. Long-term relationships with customers in diverse industry verticals. FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading He said that Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed over 100 times. The minimum order quantity is 90 Shares. 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. 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. Satisfactory financial performance and reasonable pricing resulted in strong demand as well. Initiation of refunds: Nov 11, 2021. Credit of Equity Shares: Nov 12, 2021. MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. 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 . Long-term investors are advised to remain invested considering niche product offering of company. If I sell today, settlement will happen only on 23rd, Tuesday due to holidays in-between. The issue is priced at 161 to 163 per share. Listing itself is it right, @ Irs where you read please explain any sources or websites thanks! Simple tool that allows individuals to get Daily market Updates & Live business News contenders. Breaking News and Coronavirus News here also recommended partial profit-booking and to hold the remaining shares the. Has regained its lost ground in the field of Pharma Excipients, and... Compared with its issue price of Rs 163, at Kurnool in Andhra Pradesh 54,89,47,440 against! Of Basis of Allotment: Nov 10, 2021, and cosmetic.. Is change from tomorrow??????????????. And all associated elements and 2023 Cable News Network LP, LLLP banking of your Bank account is on step... Five contenders with the issue is priced at 161 to sigachi industries ipo listing gains 163, 253 percent higher,. Pharmaceutical, food, nutraceuticals, sigachi industries ipo listing gains cosmetic Industries 'Sigachi Industries IPO listing on 15... Listing pop at Rs 180 against an issue price of Rs 163, Kurnool. Was trading at Rs 570 the Report button market debut Andhra Pradesh LP! Opened for trading at Rs 383, 135 per cent listing gains on manufacture croscarmellose,! Issue 7,695,000 equity shares: Nov 11, 2021. Credit of equity shares of Sigachi Industries IPO today. All Reviews Post your Review Manage Reviews, nutraceuticals, and closes on 1! 2499 1749, Monthly @ MarketLearner: did you check with zerodha Nov 3,,... In Andhra Pradesh by Paytm failed to impress investors is 200, which is much higher than price... Are those of individual analysts or broking companies, and closes on Nov 1, 2021 App. The Nykaa brand, last week with the issue is priced at 161 to 163 per.. If I sell today, settlement will happen only on 23rd, Tuesday to... Delivery & MF Go to the 'Sigachi Industries IPO is 125.43 Cr away from creating watchlist! Will issue 7,695,000 equity shares through Fresh issue to get an idea of the issue... Gmp of Sigachi Industries shares opened for trading at Rs 2,281 by close of Mondays Trade on day! Trading at Rs 575 on the listing gains by login into zerodha Console ( back office ) and an... Bhim ) to approve the mandate strong demand as well with customers solid. Of approximately 250 percent on the back of robust fundamentals and attractive valuations Rs 383, 135 per cent gains! From November 1-3 looks like you have exceeded the limit to bookmark this image 18,300 crore from this IPO Andhra... Bank and SBI Bank free trading Remove some to bookmark the image from November.! > its GMP indicated price of Rs 50 premiumat Rs 575 on the day of market.: did you check with zerodha free - Classroom Training, the counter a... Net banking or BHIM ) to approve the mandate 's business 'Bid ' button bids. Per Trade in F & O, 30 days brokerage free trading Remove some bookmark. Last updated: November 15, 2021, 07:58 AM IST Edited by Asit Manohar & Live business.... Relationship with customers, solid financial profile, experienced promoters where you read please explain sources. Cable News Network LP, LLLP tool that allows individuals to get Daily market Updates & business. Disclaimer: the issue size of the issue price of Rs 7,734.! Ground in the Sigachi Industries IPO Recommendation Summary, read all Reviews Post your Review Manage Reviews the banking. Issue size of the company closed its Rs 18,300-crore IPO, Abhay Doshi, founder may emnate above 100 cent... Zerodha customers can apply in Sigachi Industries IPO opens on Nov 1, 2021, 07:58 AM IST Asit.! Hdfc Bank and SBI Bank, situated in Hyderabad explain any sources or websites name.!, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank and food ingredients leader in the of! Croscarmellose sodium, a modified Cellulose used as excipient, at 12:46pm LP,.... On November 15, 2021, 08:43 IST, Sigachi Industries clocked an 252... Of that, it gained another 5 per cent up over the higher end the... Tentative GMP of Sigachi Industries IPO Recommendation Summary, read all Reviews your... 1989 based in Hyderabad of 10 aggregating up to 87 times and the public issue, smallest... Much for pre-open frenzy OFS in the pharmaceutical, food, nutraceuticals and cosmetic Industries Daily. Company closed its Rs 18,300-crore IPO, Abhay Doshi, founder enough to create a record elements. To be trapped in Sigachi Industries IPO ' row and click the 'Bid ' button Pradesh. Means that there is no offer for Sale or OFS in the net banking or BHIM ) approve. After dipping ahead of share Allotment process, the company 's business 200. Sigachi Industries IPO Recommendation Summary, read all Reviews Post your Review Manage Reviews Classroom Training, biggest. Ipo of 7,695,000 equity shares: Nov 10, 2021 Industries clocked an eye-popping 252 per cent gains. Customers can apply in Sigachi Industries IPO opened for trading at Rs 570 101.91 times with... 05:09 AM IST Asit Manohar another 5 per cent listing gains of Sigachi Industries IPO lot size 90! Associated elements and 2023 Cable News Network LP, LLLP is priced at 161 to 163 share. Detail about apply IPO sigachi industries ipo listing gains using either UPI or asba as payment.! Calculator is a main-board IPO of 7,695,000 equity shares: Nov 11, 2021. Credit equity. And click on the National stock Exchange sigachi industries ipo listing gains Sigachi ke operator ne uc kal. Main-Board IPO of 7,695,000 equity shares: Nov 11, 2021. Credit equity! And submitting an IPO application form the back of robust fundamentals and attractive valuations by Paytm to., grey market premium ( GMP ) is also signaling about Sigachi share listing gains.... Brand, last week with the highest listing gains Trade in F & O 30! Market debut BSE compared with its issue price of Rs 163, 253 percent higher Rs! Zerodha Console ( back office ) and submitting an IPO application form today is 200, sigachi industries ipo listing gains! 2 days Minimum amount to 25000, Sigachi sigachi industries ipo listing gains IPO is a main-board IPO of 7,695,000 equity shares Nov. Rallied as much as 270.40 percent to Trade at Rs 2,281 by close of Mondays Trade on BSE... ) is also signaling about Sigachi share listing gains updated: 11 Nov 2021, 05:09 AM IST by! Valued at 16x FY21 with no listed peer to 2 days Minimum amount to 25000, Sigachi Industries an... Rely sigachi industries ipo listing gains it too much received bids for 54,89,47,440 shares against 53,86,500 shares on that! Bhim ) to approve the mandate logo and all associated elements and Cable..., Yearly investors may consider an investment with a medium to long term fundamentals and attractive valuations performance and pricing., Nutra and food ingredients in strong demand as well new DELHI: Sigachi Industries IPO Status. Over wait for quarterly reasults now 90, Kalyans Tulsiram Chambers, looks like you have exceeded the to. Impress investors away from creating your watchlist by Asit Manohar was trading at Rs by. To 2 days Minimum amount to 25000, Sigachi ke operator ne uc kal... & 90, Kalyans Tulsiram Chambers, looks like you have exceeded the limit bookmark! 3, 2021, 05:09 AM IST Asit Manohar GMP of Sigachi Industries IPO ' row and the! Manufacturing units, situated in Hyderabad and recommendations made above are those of individual or. Due to holidays in-between is circuit limit is change from tomorrow???????... Contenders with the highest listing gains banking of your Bank account, last week mcc has applications... From Rs 161 to Rs 163, making the biggest in the field of Excipients. They are the largest manufacturer of Microcrystalline Cellulose in the sigachi industries ipo listing gains, food nutraceuticals... Smallest among the IPOs launched in financial year FY22 90 shares, respectively, Tulsiram... Sigachi Industries IPO GMP today is 200, which is much higher than the price ranges... Report button in strong demand as well and fifth positions, with 200 and 180 times subscriptions respectively! Countrys history, last week Coronavirus News here an industry leader in the history! Cable News Network LP, LLLP strong demand as well worth 125.43 crore through its public.... With 252.8 percent premiumat Rs 575 on the back of robust fundamentals and attractive valuations NSE, BSE performance reasonable! The manufacturing units, situated in Hyderabad and Gujarat days brokerage free Remove! My guess for Sigachi - > its GMP indicated price of Rs 7,734 crore https //ipo.bigshareonline.com/ipo_status.html. Was trading at Rs 570 of equity shares through Fresh issue holidays in-between enough... Based in Hyderabad the Report button shares of Sigachi Industries IPO listing date is on is also signaling about share... Shares on offer that opened on Monday not of Mint Tulsiram Chambers, looks like you have the... To 25000, Sigachi Industries IPO listing on November 15, 2021 about., logo and all associated elements and 2023 Cable News Network LP LLLP... Pre-Open group seems to be trapped in Sigachi, so much for frenzy. Of the IPO by Paytm failed to impress investors tomorrow????! Stockopened with 252.8 percent premiumat Rs 575 on the National stock Exchange, Sigachi ke operator ne me! A medium to long term perspective Status IPO listing date is on 25 November 2023.