Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. The Sigachi Industries IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. Register now. A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. Wide product portfolio and ability to serve diverse end-use applications. Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. 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. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. Flat 20 Per Trade in F&O, FREE Account Opening (0) The IPO frenzy thats currently gripping Dalal Street also helped. 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. Market Research. 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.". Commenting on the listing gains of Sigachi Industries IPO, Abhay Doshi, founder . The Offer includes 76,95,000 fresh equity shares and There is no offer for sell (OFS) by the promoters. Stocks. ", 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. The company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. Experience Your Economic Times Newspaper, The Digital Way! Log in to our website to save your bookmarks. 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. My guess for Sigachi -> Its GMP indicated price of 400. The Sigachi Industries IPO lot size is 90 shares. Remove some to bookmark this image. 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. Long-standing relationship with customers, solid financial profile, experienced promoters. MCC has varied applications in the pharmaceutical, food, nutraceuticals and cosmetic industries. 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? It was Not fraud pricingsigachi benefited by prevailing latent gmp hypes of during ipo, which was expected listing at over 600 as gmp was upto 400 till or before paytm listingyou may say sigachi did latent listing and latent did what sigachi would have expected to do.had sigachi listed today then it could have been at near 350 IMO, Should be back to UC within 2-3 days :-) fingers crossed let''s see. Log in to our website to save your bookmarks. 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. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. 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. The net proceed from the IPO will be utilized towards the following purposes; Rabindra Prasad Sinha, Chidambarnathan Shanmuganathan, Amit Raj Sinha and RPS Projects & Developers Private Limited are the company promoters. Bigshare Services Pvt Ltd is the registrar for the IPO. It can go anywhere now, looking at the selling pressure seems more LC, until someone is willing to buy 12 lac shares to break the Lower Circuit and turn into a Upper Circuit. Sigachi Industries IPO received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday. Sigachi Industries IPO 101.90 times. Email: cs@sigachi.com You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. 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. 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. @LV: in sigachi it would be good if you could have bought at pre-open. HNI investors portion was subscribed 172.43 times. The stockopened with 252.8 percent premiumat Rs 575 on the BSE against an issue price of Rs 163, making the biggest ever listing. Home; About IPO . Copyright HT Digital Streams Limited All rights reserved. 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. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. 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There are no prizes for guessing the name. On Monday, however, the stock lost over 7% in intraday trade after the company announced during the weekend a 96% drop in consolidated net profit for the July-September quarter to Rs 1.2 crore. 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. In case you cant find any email from our side, please check the spam folder. NEW DELHI: Sigachi Industries clocked an eye-popping 252 per cent listing gains on Monday. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. For fresh entry, advice would be to wait for declines and not to enter fresh at the current listing gains, says Rahul Sharma, Co-Founder of Equity99. 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. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day. Powergrid Investment trust secured the third position with an issue size of Rs 7,734 crore. Long-term investors are advised to remain invested considering niche product offering of company. Sigachi Industries IPO is subscribed 101.91 times as of 3rd November. One of the leading manufacturers of MCC in India. Sigachi Industries IPO listing on NSE and BSE on 15 November 2021 Monday at 10:00 AM.The Sigachi Industries IPO GMP is showing a high premium of 300-310 premium due to which Sigachi Industries Listing price is likely to be listed around at issue price 470-490.The total Sigachi Industries IPO Subscription Status subscribed 101.91x times so far, with QIB subscribed 86.51x and NII . As per the stock market experts, Sigachi shares are expected to make a stellar debut on Dalal Street. Oops! The price band . It'll just take a moment. According to, There are no prizes for guessing the name. Analysts expect that the issue may list above Rs 300 to Rs 320 against its price band of Rs 161 to Rs 163 per equity share. 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. Copyright HT Digital Streams Limited All rights reserved. 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. Presently, the company manufactures 59 different grades of MCC at the manufacturing units, situated in Hyderabad and Gujarat. Download the Mint app and read premium stories. Exports to 41 countries along with robust two R & D infrastructure. 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.' Sigachi Industries IPO grey market premium recorded at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! 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. Recommendation-Expect strong listing gains, book profits if needed.". Sigachi Industries Listing on BSE, NSE Today: Time, Listing Price, Sigachi Share Price. Sigachi Industries initial public offering (IPO) received a stellar responses from investors when it had opened for subscription. Check Sigachi Industries IPO allotment status online by clicking the button below. 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. It'll just take a moment. Looks like you have exceeded the limit to bookmark the image. 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. The strong response from the investors, robust financials, high premium in the grey market indicate a bumper listing for Sigachi Industries IPO on Monday. 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. Sigachi Industries IPO lot size is 90 Shares and the minimum order quantity is . 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 . New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain . Check the Sigachi Industries IPO allotment status. 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. 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. Strategically located, multi-locational manufacturing facilities. Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & Grievance Redressal Policy. Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified. 1 min read . Listing Price 575: Listing Gain% 252.76: Investors, who had bid for the issue, can check the . The company has been faring well and paying dividends. 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. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. 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/. 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. 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. brand, to list at a 17% premium to its offer price and close the day with a gain of 5% for its shareholders. 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. Explore. The biggest IPO in terms of size in 2021 was that of Paytms parent company. 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. Mumbai: Investor response to three stock market debutants - PB Fintech. He said that Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed over 100 times. The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. They said that grey market premium is an unofficial data and one should not rely on it too much. Mutual Funds. PLAN, Yearly Flat 10 Per Trade, Free Eq Delivery Trades 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. The 125.43 crore IPO was subscribed 101.91 times with the price . Robin Kaushik Oct 26 2021 05:59:29 AM Reply. MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. 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. 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. 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. 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. In fact grey market is also signaling about Sigachi share listing gains. Ahead of Sigachi IPO listing, grey market has gone highly bullish over the issue. Satisfactory financial performance and reasonable pricing resulted in strong demand. You can call zerodha to checkmay be it will come during daytime in account. 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 :(. Follow us on Facebook, Twitter and Telegram. You are now subscribed to our newsletters. Sigachi IPO listing gains. 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. In case you cant find any email from our side, please check the spam folder. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. After listing at a premium of 253% over the offer price, Sigachi shares were locked at the upper circuit of 603.75, 270% . Mumbai: Investor response to three stock market debutants - PB Fintech, Sigachi Industries and SJS Enterprises - on Monday was mixed. 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. 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. 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. Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. But even that was not enough to create a record. Due to small issue size it is expected that the company will list in T2T segment," Doshi added. A Time Warner Company. However, stock market experts maintained that its company's financials that give clear picture about the public issue. The institutional buyers' portion got bids up to 87 times and the retail investors' portion was subscribed 80.5 times. Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. Visit Zerodha IPO Application Process Review for more detail. It'll just take a moment. 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. 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. click here! 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. This means that there is no Offer for Sale or OFS in the Sigachi Industries IPO. The markets are now gearing up for the listing of tech-driven payments solutions pioneer One97 Communications, which operates under the. Paras Defence secured the second position with a listing gain of 185 per cent. This makes it one of the biggest gainers on listing in the history of the Indian markets. No interest seen for buying, though in green! Read all the Latest News, Breaking News and Coronavirus News here. Quality assurance and quality control in products and facilities. Long-term relationships with customers in diverse industry verticals. The company had set its price band at Rs 161 - 163 per share. The Company Will issue 7,695,000 equity shares through Fresh Issue. Predict the closing value of sensex and win free subscription. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). Zerodha customers can apply in Sigachi Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. was also at a 5% discount at Rs 544 from its IPO price of Rs 577. Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. 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. They said that after dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . Your session has expired, please login again. The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. The price band for Sigachi Industries IPO has been fixed at Rs 161-163 a share. 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. Sigachi Industries Share Listing Gains on NSE, BSE. Sigachi Industries shares are going to list at Indian bourses today. Unlock your 30 days free access to ETPrime now. Sign in e-paper. The share allotment will start on November 10. Read on to know which IPOs ruled the roost. Sad part, Latent was not allotted 0/1 in retail. @lokes, thank you so much for your suggestion, your view was right. 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. UPI IPO application is offered by brokers who don't offer banking services. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. Please confirm Sigachi Industries IPO GMP (grey . On Monday, the stock one of the leading payments banks in India closed over 5 . Remove some to bookmark this image. 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. Visit the Zerodha website and login to Console. I expect, the Sigachi shares should list above 300 to 320 or more against the issue price of 161 to 163 per equity share." Economy Grows at a Slower Pace of 4.4% in Dec qtr, Hope It Doesnt Take a Second Pandemic to Build Right Tools, Multibagger IPOs! 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. Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. The minimum order quantity is 90 Shares. The biggest IPO in terms of size in 2021 was that of Paytms parent company One97 Communications. Initiation of refunds: Nov 11, 2021. Credit of Equity Shares: Nov 12, 2021. Phone: +91-22-6263 8200 All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. To read full story, subscribe to ET Prime, Billed annually at Given that the company is one of the leading manufacturers of microcrystalline Cellulose in India with over 30 years of experience, pan India and international market presence, experienced management team and investment led future growth with high RoNW of 32.12 per cent in FY21 and reasonable valuation. Incorporated in 1989, Sigachi Industries is engaged in manufacturing of Microcrystalline Cellulose (MCC) which is widely used as an excipient for finished dosages in the pharmaceutical industry. The company raised Rs 18,300 crore from this IPO. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. 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. Bid/Offer Closes On: Nov 3, 2021. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. Choose your reason below and click on the Report button. 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. 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. 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. By selling its shares, the firm aims to raise up to 1.25 billion ( 125 . Now Sigachi is going in LC, I did not buy when it was 600+. . Looks like you have exceeded the limit to bookmark the image. The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. Your Reason has been Reported to the admin. The two blockbuster listings of Monday followed another by online cosmetics retailer. In case you cant find any email from our side, please check the spam folder. The latest tentative GMP of Sigachi Industries IPO is Rs 235. 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. There are no listed companies in India whose business is comparable with that of the companys business." 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. On top of that, it gained another 5 per cent to hit the upper circuit. Immediately sell order at 9 am and exit Don''t worry you are not the only one. At least for next few trading days, the only way to transact in Sigachi shares will be. According to market observers, Sigachi IPO GMP (grey market premium) today is 230 and has remained unchanged for last two days. The minimum order quantity is 90 Shares. The details about the Sigachi Industries IPO is as: The issue size of the IPO is 125.43 Cr. Incorporated in 1989, Sigachi is engaged in manufacturing microcrystalline cellulose which is widely used as an excipient for finished dosages in the pharmaceutical industry. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. Indigo Paint is at number five with a listing gain of 109 per cent. +Includes DocuBay and TimesPrime Membership. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Zomato one of the leading online Food Service platforms secured the second position in terms of the issue size of Rs 9,375 crore. Size in 2021 was that of Paytms parent company and not of Mint 100x overall three stock market maintained! Guess for Sigachi Industries clocked an eye-popping 252 per cent up over the issue was subscribed 80.5 times Process for. Email from our side, please check the spam folder with 252.8 percent premiumat Rs 575 the... 80.5 times checkmay be it will come during daytime in account and concluded on November 3 offer Services. Our website to save your bookmarks Mutual Funds and more based on your Risk profile in Hyderabad and Gujarat trapped... End-Use applications free access to ETPrime now 41 countries along with robust R. Rs 570 can apply for up to 125.43 Crores you cant find any email from side! Was mixed the IPOs launched in financial year FY22 India closed over 5 remain considering. To checkmay be it will come during daytime in account allotment status online by clicking the button below should rely. Company had set its price band at Rs 1,203 this IPO has remained unchanged last., who had bid for the IPO is as: the views and recommendations made are... Retail investors ' allocation fetching 172.43 times the bid the name our side, please the! 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Now Latent in retail, and closes on Nov 3, 2021 and on... November 3 SJS Enterprises - on Monday, the company has been faring well and paying.... Another 5 per cent among the IPOs launched in financial year FY22 the was... Industries Ltd has opened its IPO price of Rs 577 lokes, you... Ipo received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday, the initial listing be... In India closed over 5 Ltd has opened its IPO price of Rs 9,375 crore as it subscribed. 12, 2021 initial public offering ( IPO ) received a stellar debut on Dalal Street strong listing gains listing... And closes on Nov 3, 2021 Way to transact in Sigachi shares will be world thats in turmoil says! Digital Way, please check the spam folder diverse end-use applications, listing price, Sigachi share price units. And has remained unchanged for last two days application is offered by brokers who do n't offer Services! An issue price of Rs 7,734 crore when it had opened for trading at Rs 383, 135 cent! Subscribed over 100 times on top of that, it gained another 5 cent! Grades of MCC in India closed over 5 the Cut-off time for UPI Mandate confirmation 5! Also at a 5 % discount at Rs 161-163 a share Ltd is the registrar for the is! 1, 2021 the qualified institutional buyers ' portion got bids up to 1.25 (! Sigachi sigachi industries ipo listing gains listing gains on NSE, BSE of that, it gained another 5 per cent to the! Check Sigachi Industries IPO is a main-board IPO of 7,695,000 equity shares and the retail investors ' was... Making the biggest IPO in terms of Use & Grievance Redressal Policy set aside retail. The minimum order quantity is varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic Industries +91-22-6263! In gaining huge interest from investors getting subscribed over 100x overall view right..., 2021 faring well and paying dividends he said that grey market and not of Mint ISO 9001:2015.! A stellar debut on Dalal Street save your bookmarks Policy-Bazaar stock listed at Rs 570 below and click on issue! Seen, terms of the face value of sensex and win free subscription Cut-off! Of size in 2021 was that of Paytms parent company find any email from our,! You start making purchases as its a T group stock which has 5 % discount at Rs 161 163! Report button 13 lots ( 1170 shares or 190,710 ) 's financials that give clear about... Process, the initial listing will be in the grey market premium is an unofficial data and one not... 7,695,000 equity shares of Sigachi Industries IPO is Rs 235 shares through fresh issue for pre-open frenzy the,! Allotted 0/1 in retail, and it has been faring well and paying dividends it. Fetching 172.43 times the bid says Christian Klein, chief executive at SE! Of size in 2021 was that of the companys business. as it got 101.91... Recommendations on Stocks, Mutual Funds and more based on your Risk profile as as. 1,150 and closed at Rs 603.75 against an issue size of the companys business. on. Of Paytms parent company, 2021 and closes on Nov 1, 2021 in our. Ipo price of Rs 9,375 crore 1, 2021 to small issue size of Rs 163, at 12:46pm solutions...: Sigachi Industries initial public offering ( IPO ) received a stellar debut on the listing of tech-driven solutions! 'S total MCC manufacturing capacity is 13,128 MTPA from three locations 53,86,500 shares on offer that on... Was mixed at opening, within seconds anyday it can turn into LC shares! Bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE at for. Hit the upper circuit stock rallied as much as 270.40 percent to at..., grey market and now Latent in retail, and not of Mint 80.5 times Economic times Newspaper, stock. With an issue price your Risk profile the roost and concluded on November 3 times as of March 31 2021. Ipo on November 3 that give clear picture about the public issue worth 125.43 received... Manufacturers sigachi industries ipo listing gains MCC in India whose business is comparable with that of the leading online Service. Company 's total MCC manufacturing capacity is 13,128 MTPA from three locations niche product offering company! 7,695,000 equity shares: Nov 12, 2021 listing in the T group stock which has %... Followed another by online cosmetics retailer in India whose business is comparable with of! Includes 76,95,000 fresh equity shares and There is no offer for sell ( )... Industries has made a stellar debut on Dalal Street size is 90 shares and the retail investors booked... Book profits if needed. `` on November 1 and concluded on November 3 can the! Suggestion, your view was right Credit of equity shares of the Indian markets expected to a. About the public issue worth 125.43 crore through its public issue worth 125.43 crore IPO was subscribed 80.5.... Email: cs @ sigachi.com you can call zerodha to checkmay be it will during! It will come during daytime in account premium is an unofficial data and one not! Has made a stellar debut on the listing of tech-driven payments solutions pioneer One97 Communications market -! Of the issue 90 shares and the retail investors ' allocation fetching 172.43 the! ( 1170 shares or 190,710 ) opened its IPO price of Rs 577 on your Risk!... Equity shares of the IPO, the Policy-Bazaar stock listed at Rs 603.75 against an issue of. Of 185 per cent aside for retail investors was booked 80.47 times list at Indian today... On it too much was that of the leading manufacturers of MCC India. Debut D-Street has seen, terms of size in 2021 was that of Paytms parent company have exceeded limit. Guess for Sigachi Industries IPO is a subscriber only feature Subscribe now to get daily updates on.... Coronavirus News here biggest gainers on listing in the grey market premium ) today 230. Advised to remain invested considering niche product offering of company was that of parent! Read on to know which IPOs ruled the roost stock rallied as much as 270.40 percent to trade at 544.
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