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Sigachi Industries Ltd.

Sigachi Industries Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹163
₹163
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹163
Based on GMP
Min. Investment
₹14,670
1 lot × 90 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
01 Nov 2021
Close Date
03 Nov 2021
Allotment
10 Nov 2021
Listing Date
15 Nov 2021
Exchange
NSE & BSE
Price Band
₹163
Listing Price
See chart
Allotment Status
Price Band
₹163
Per share
Face Value
₹10 per share
 
Lot Size
90 Shares
per lot
Issue Size
76,95,000 shares (aggregating up to ₹125.43 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,670
1 lot
Pre-IPO Holding
2,30,47,500 shares
Promoters
Post-IPO Holding
3,07,42,500 shares
Promoters
UPI Deadline
2021-11-03
Mandate
Anchor AllotmentFri, 29 Oct 2021
Basis of AllotmentWed, 10 Nov 2021
Refund InitiationThu, 11 Nov 2021
Demat CreditFri, 12 Nov 2021
Listing DayMon, 15 Nov 2021
UPI Mandate Deadline2021-11-03
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sigachi Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Nov 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
7,695,000
100% ₹125.43
IPO Shares Offered
Sigachi Industries Ltd. IPO total issue size: ₹125.43 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 7,695,000 ₹125.43
100.00%
* Based on upper price band ₹163 per share
Lot Size & Investment
Lot Size
90
Shares per Lot
Issue Price
₹163.00
Upper Band
Min Investment
₹14,670
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2180₹29,340
Retail (Max — 13 Lots)131,170₹190,710
S-HNI (Min — 14 Lots)141,260₹205,380
B-HNI (Min — 69 Lots)696,210₹1,012,230
* Issue Price ₹163 × Lot Size 90 shares
IPO Schedule
Anchor
29 Oct 2021
✓ Done
IPO Open
01 Nov 2021
✓ Done
IPO Close
03 Nov 2021
✓ Done
Allotment
10 Nov 2021
✓ Done
Refunds
11 Nov 2021
✓ Done
Demat Credit
12 Nov 2021
✓ Done
Listing Day
15 Nov 2021
✓ Done
Sigachi Industries Ltd. — Live Price LIVE
₹163.00
INR · BSE
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Issue ₹163.00 Live Price
About Sigachi Industries Ltd.
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. MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. 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. Presently, the company manufactures 59 different grades of MCC at the manufacturing units, situated in Hyderabad and Gujarat. 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.The company has received various quality certifications and operates 3 manufacturing units namely, Unit I situated at Hyderabad, and two manufacturing units, Unit II and Unit III situated at Jhagadia and Dahej, in Gujarat. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations.Competitive Strengths:One of the leading manufacturers of MCC in India.Long-standing market presence in Pan India and Internationally.Experienced management team.Wide product portfolio and ability to serve diverse end-use applications.Long-term relationships with customers in diverse industry verticalsInvestments and a strong focus on R&D.Quality assurance and quality control in products and facilities.Strategically located, multi-locational manufacturing facilities.Government incentives
Objects of the Issue
1
1 Funding capital expenditure for expansion of production capacity for MCC at Dahej, Gujarat
2
2 Funding capital expenditure for expansion of production capacity for MCC at Jhagadia, Gujarat
3
3 Funding capital expenditure to manufacture CCS at the Proposed Unit
4
4 General corporate purposes
Sigachi Industries Ltd. Financials (Amount In Crore)
Revenue from Operations
₹196.0
31-Mar-21
₹44.8
30-Jun-20
₹55.1
30-Jun-21
Profit After Tax (PAT)
₹30.3
31-Mar-21
₹6.1
30-Jun-20
₹9.0
30-Jun-21
Particulars30-Jun-2130-Jun-2031-Mar-21
Revenue from Operations 55.12 44.82 196.01
EBITDA N/A N/A N/A
Profit After Tax (PAT) 8.99 6.06 30.26
Net Worth N/A N/A N/A
Total Assets 151.42 115.56 133.41
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered76,95,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,30,47,500 shares
Post-Issue Promoter Holding3,07,42,500 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Unistone Capital Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sigachi Industries Ltd. IPO subscribed?

Sigachi Industries Ltd. IPO is subscribed 1.00 times by Nov 03, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sigachi Industries Ltd. IPO retail subscription status?

The Sigachi Industries Ltd. IPO retail category is subscribed 1.00 times as of 03 Nov 2021. The retail portion is oversubscribed.

How to subscribe Sigachi Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 01 Nov 2021 and closes 03 Nov 2021. Min investment: ₹14,670 (1 lot = 90 shares). UPI mandate: 2021-11-03.

How many times Sigachi Industries Ltd. IPO subscribed?

The Sigachi Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sigachi Industries Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Nov 2021. Refunds: on 11 Nov 2021.

When Sigachi Industries Ltd. IPO will be listed?

The Sigachi Industries Ltd. IPO listing date is 15 Nov 2021, Monday. Listed on: NSE & BSE. Issue price: ₹163. Estimated listing: ₹163. GMP: NIL.

When Sigachi Industries Ltd. IPO close?

The Sigachi Industries Ltd. IPO closes on 03 Nov 2021, Wednesday. UPI mandate: 2021-11-03. Allotment: 10 Nov 2021. Listing: 15 Nov 2021.