Sigachi Industries IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 01 Nov 2021 - 03 Nov 2021
Issue Size ₹125.43 Cr
Issue Price ₹161-163
Market Lot 90 Shares
Shares on Offer 7,695,000
Registrar Bigshare
GMP ₹160-170
Kostak ₹350
Subject to Sauda ₹12000
Listing Date 15 Nov 2021
Listing Price ₹575
Listing Gain% 252.76

About Sigachi Industries Limited

Sigachi is an industry leader in the field of Pharma Excipients, Nutra and food ingredients. Sigachi was incorporated in the year 1989 and has rapidly established itself as one of the largest manufacturers of Microcrystalline Cellulose worldwide. With three Multilocational Facilities in Telangana and Gujarat , Sigachi has ensured supply chain reliability for its customers spread across the Globe.

Sigachi’s facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified. Sigachi has established itself as a quality conscious and dependable supplier in India and across Asia, Australia, American Continent, Europe and Middle East, delivering newer differentiated Products which addresses the unmet needs of the Market.

Company Promoters

Rabindra Prasad Sinha, Chidambarnathan Shanmuganathan, Amit Raj Sinha and RPS Projects & Developers Private Limited are the company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 1,334.07 1,091.43 914.62
Total Revenue (In ₹ Millions) 1,960.10 1,439.49 1,328.77
Profit After Tax (PAT) (In ₹ Millions) 302.60 203.15 190.12

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
28 Oct 2021 ₹83-85 ₹250 ₹4500
29 Oct 2021 ₹80-85 ₹325 ₹4500
01 Nov 2021 ₹145-150 ₹300 ₹8000
03 Nov 2021 ₹170-180 ₹350 ₹11000
08 Nov 2021 ₹160-170 ₹350 ₹12000

Strengths & Weaknesses

Strength
Weakness

Sigachi Industries Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 01 Nov 2021 0.57 4.44 16.81 9.52
Day 2 - 02 Nov 2021 0.82 16.99 38.49 23.12
Day 3 - 03 Nov 2021 86.51 172.43 80.49 101.91

Allotment Status

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IPO Allotment Status

Sigachi Industries Limited IPO FAQs

  1. When will Sigachi Industries Limited IPO open?

    Sigachi Industries Limited IPO will open on 01 Nov 2021 and close on 03 Nov 2021.

  2. What is the listing date of Sigachi Industries Limited IPO?

    Sigachi Industries Limited IPO will list on 15 Nov 2021.

  3. What is the offer price of Sigachi Industries Limited IPO?

    The offer price of Sigachi Industries Limited IPO is ₹161-163.

  4. What is the lot size of Sigachi Industries Limited IPO?

    The lot size of Sigachi Industries Limited IPO is 90.

  5. What is the Grey Market Premium (GMP) price of Sigachi Industries Limited IPO?

    The Grey Market Premium (GMP) price of Sigachi Industries Limited IPO is ₹160-170.

  6. What is the Kostak price of Sigachi Industries Limited IPO?

    The Kostak price of Sigachi Industries Limited IPO is ₹350.

  7. What is the Subject to Sauda price for Sigachi Industries Limited IPO?

    The Subject to Sauda price for Sigachi Industries Limited IPO is ₹12000.

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