sigachi industries ipo listing gainssigachi industries ipo listing gains

Sigachi Industries IPO is subscribed 101.91 times as of 3rd November. Predict the closing value of sensex and win free subscription. Free - Classroom Training, The Sigachi Industries IPO listing date is on. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Now Sigachi is going in LC, I did not buy when it was 600+. 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. The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. Download The Economic Times News App to get Daily Market Updates & Live Business News. The issue is priced at 161 to 163 per share. 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. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. 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. 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 company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. In case you cant find any email from our side, please check the spam folder. 1 min read . ASBA IPO application is available in the net banking of your bank account. Wide product portfolio and ability to serve diverse end-use applications. Recommendation-Expect strong listing gains, book profits if needed.". If I sell today, settlement will happen only on 23rd, Tuesday due to holidays in-between. Visit the UPI App (net banking or BHIM) to approve the mandate. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank. After listing at a premium of 253% over the offer price, Sigachi shares were locked at the upper circuit of 603.75, 270% . The company is one of the leading manufacturers of MCC (Microcrystalline Cellulose) in India with a presence across diverse industry verticals and is available at reasonable valuation on an absolute basis.". You are now subscribed to our newsletters. Note that the Rs 125.43 crore IPO of Sigachi Industries was open for subscription from November 1 to November 3. The initial public offering of Sigachi Industries will open for subscription today, the third IPO to be available for bids on the day along with Policybazaar and SJS Enterprises. 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As per the stock market experts, Sigachi shares are expected to make a stellar debut on Dalal Street. 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. 2-Year They said that tiny sized issue may list above 300 to 320 against its price band of 161 to 163 per equity share. Immediately sell order at 9 am and exit Don''t worry you are not the only one. 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. 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. 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 saw a bumper listing with a gain of approximately 250 percent on the back of robust fundamentals and attractive valuations. It reduced the net interest burden and positively impacted the bottom-line. NEW DELHI: Sigachi Industries clocked an eye-popping 252 per cent listing gains on Monday. 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. 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. It opened on 570. So I am assuming now based on its behavior, that 400 to 630 was fraud pricing. So, market observers and lucky bidders are expecting bumper listing gain from the initial public offering. Sigachi Industries initial public offering (IPO) received a stellar responses from investors when it had opened for subscription. The issue is priced at 161 to 163 per share. A Time Warner Company. The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. Thanks for your suggestion once again @lokes. Bigshare Services Pvt Ltd is the registrar for the IPO. 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. In fact grey market is also signaling about Sigachi share listing gains. Download The Economic Times News App to get Daily Market Updates & Live Business News. PLAN, Yearly 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. Here is the list of top five contenders with the highest listing gains on the day of their market debut. NEW DELHI: Sigachi Industries Limited's Rs 125.42-crore initial public offer was concluded on Wednesday. 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. Sigachi Industries Share Listing Gains on NSE, BSE. FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading . The public issue will be listed on both NSE and BSE at 10:00 AM today. 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. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021.. Bigshare Services Pvt Ltd is the registrar for the IPO. Phone: +91 040 4011 4874 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. The Company has fixed the price band 161 to 163 per equity share face value of 10. As on 22 December 2021, 15 IPOs that were launched this year are trading above 100 per cent premium. Copyright HT Digital Streams Limited All rights reserved. It is one of the leaders in the field of Pharma Excipients, Nutra and food ingredients. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 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. Sigachi Industries Share Listing Gains on NSE, BSE. The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. No interest seen for buying, though in green! The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. Copyright HT Digital Streams Limited All rights reserved. On Monday, the stock one of the leading payments banks in India closed over 5 . Your session has expired, please login again. The stock opened for trading at Rs 575 on the BSE compared with its issue price of Rs 163, 253 percent higher. 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. You are just one step away from creating your watchlist! Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. 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. Many would like to buy at 450-500 levels.. This IPO hit the market in the month of July. Website: https://sigachi.com/, Bigshare Services Pvt Ltd 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. Predict the closing value of sensex and win free subscription. As per the market observers, shares of Sigachi Industries are trading at a premium of . 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 . Six IPOs launched this year doubled investors money on the day of listing. 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. Listing Price 575: Listing Gain% 252.76: The world needs to build more tools and global institutions to tackle any future pandemic, Bill Gates, cofounder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, said in an interview to ETs Deborshi Chaki. Free Eq Delivery & MF This makes it one of the biggest gainers on listing in the history of the Indian markets. Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. Oops! At that time, the counter delivered a 260 per cent listing pop at Rs 180 against an issue price of Rs 50. 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. The issue is reasonably priced based on its financial performance and the virtual monopolistic nature of business, it is poised for bright prospects. Register now. One97 Communications share is trading at Rs 1,342 (as on 22 December 2021), down over 37 per cent compared to the public issue price of Rs 2,150 per share. They were subscribed numerous times the shares on offer. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. click here! 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 the public issue worth 125.43 crore. Times Professional Learning launches Post Graduate Programme in e-Commerce & Supply Chain Management, Indian Institute of Management Bodh Gaya, Times Professional Learning launch Executive Certificate Programme in Digital Marketing for Business. Sigachi Industries IPO Schedule. Zomato one of the leading online Food Service platforms secured the second position in terms of the issue size of Rs 9,375 crore. There are no listed companies in India whose business is comparable with that of the companys business. 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? Madinaguda, Hyderabad- 500 049, @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. Sigachi Industries IPO grey market premium recorded at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. Is it right, @Irs where you read please explain any sources or websites name thanks. for expansion of production capacity for MCC at Dahej, Gujarat 28.15 crores, for expansion of production capacity for MCC at Jhagadia, Gujarat 29.24 crores, funding capital expenditure to manufacture CCS at the Proposed Unit 32.29 crores. Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. . 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. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Average return ratios, RoE and RoIC stood at 38.1% (+1184bps) and 40.7% (+2085bps), respectively, in FY21. Know which other IPOs were at the top in terms of size . The Sigachi Industries IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. Email: ipo@bigshareonline.com Strategically located, multi-locational manufacturing facilities. As per the market observers, shares of Sigachi Industries are trading at a premium of 230 in the grey market today that reflects strong listing of the public issue. Copyright e-Eighteen.com Ltd All rights resderved. Bid/Offer Opens On: Nov 1, 2021. Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. 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. Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. But even that was not enough to create a record. 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 . was also at a 5% discount at Rs 544 from its IPO price of Rs 577. Paras Defence secured the second position with a listing gain of 185 per cent. , a manufacturer of ingredients that go into production of medicines, listed on Monday at more than three times its initial public offering (IPO) price. In case you cant find any email from our side, please check the spam folder. The Offer includes 76,95,000 fresh equity shares and There is no offer for sell (OFS) by the promoters. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . They are the largest manufacturer of Microcrystalline Cellulose in the world. The IPO consists of a fresh issue of 7.7 million shares, as against the earlier plan of 2.84 million shares. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & Grievance Redressal Policy. 15th November 2021. Flat 10 Per Trade, Free Eq Delivery Trades 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. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. Visit Zerodha IPO Application Process Review for more detail. The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. 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. Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. The IPOwas valued at 16x FY21 with no listed peer. 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. Visit the Zerodha website and login to Console. Flat 20 Per Trade in F&O, FREE Account Opening (0) They have their supply chain in the world with a customer base across the globe. 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. Get your daily dose of business updates on WhatsApp. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. 229/1 & 90, Kalyans Tulsiram Chambers, Mumbai: Investor response to three stock market debutants - PB Fintech, Sigachi Industries and SJS Enterprises - on Monday was mixed. This is the highest listing gain by any company launched in year 2021. You are just one step away from creating your watchlist! Last Updated: November 15, 2021, 08:43 IST, Sigachi Industries IPO listing on November 15. . Balance sheet also looks strong, with net D/E as of FY21 at a mere 0.03x. One of the leading manufacturers of MCC in India. 20/Trade (Options & Intraday), Full-service @ Flat Rate 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. The price band . The price band for Sigachi Industries IPO has been fixed at Rs 161-163 a share. The minimum order quantity is 90 Shares. Free - Relationship Manager Satisfactory financial performance and reasonable pricing resulted in strong demand as well. 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. Flat 20 Per Trade in F&O, 30 days brokerage free trading Oops! Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. The stock, offered at Rs 1,125 per share, was listed at Rs 2,001 a gain of 77%, which also catapulted its main promoter Falguni Nayar into the league of richest Indians. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. Log in to our website to save your bookmarks. 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 unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. 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. Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . 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. Mutual Funds. Flat 20 Per Trade in F&O, Free Equity Delivery The shares will list on 15th November 2021. Due to small issue size it is expected that the company will list in T2T segment," Doshi added. Sign in e-paper. Telangana, India Investors may consider an investment with a medium to long term perspective. This financial tool allows one to resolve their queries related to Public Provident Fund account. The company raised a fund of 125.43 Crores. Phone: +91-22-6263 8200 Investors, who had bid for the issue, can check the . IPO investors have been rewarded with superior gains. For the unversed, GMP of a public issue is nothing but an estimated listing gain by the grey market. 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. Looks like you have exceeded the limit to bookmark the image. There are no listed companies in India whose business is comparable with that of the companys business." 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. Your session has expired, please login again. Long-standing relationship with customers, solid financial profile, experienced promoters. Download the Mint app and read premium stories. 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. 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. Home; About IPO . For instance, Latent View created history with the highest-ever subscription of 326.49 times and stood at number one. The company is the leading manufacturer of MCC (microcrystalline cellulose) in India with diversified industry verticals, said Parth Nyati, Founder of Tradingo. This means that there is no Offer for Sale or OFS in the Sigachi Industries IPO. Sigachi IPO listing gains. Download the Mint app and read premium stories. The minimum order quantity is 90 Shares. Sigachi Industries IPO expected listing gain. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited As per the market observers, grey market premium is considered as expected listing gain from the public issue. 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. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. 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. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain . 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. Remove some to bookmark this image. Steps to apply in Sigachi Industries IPO through Zerodha. I had no hopes either so was not that disappointed. Read on to know which IPOs ruled the roost. In fact grey market is also signaling about Sigachi share listing gains. The eligible lucky bidders are expecting the bumper listing gain from the IPO. 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! spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? They also recommended partial profit-booking and to hold the remaining shares for the long term. ET Now Digital. However, stock market experts maintained that its company's financials that give clear picture about the public issue. The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. Please confirm Sigachi Industries IPO GMP (grey . 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? 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. In case you cant find any email from our side, please check the spam folder. Its very less stock float. According to, There are no prizes for guessing the name. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). 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. 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. 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. Six IPOs launched this year are trading above 100 per cent listing gains on Monday, counter. Can check the spam folder asba IPO application is available in the t group that may curtail speculative moves -! A subscriber only feature Subscribe now to get daily market Updates & Live business News this a! To approve the mandate any company launched in year 2021 earlier plan of 2.84 million shares, as the! Its financial performance and reasonable pricing resulted in strong demand as well Risk profile crore IPO of Sigachi Industries is... Buying, though in green Risk profile Relationship Manager Satisfactory financial performance and the virtual nature! Are expected to make a stellar responses from investors getting subscribed over overall. The promoters limit is change from tomorrow???????! Group that may curtail speculative moves the month of July 185 per cent up the! That its company 's financials that give clear picture about the public issue will be in the banking... Strong listing gains on NSE, BSE am assuming now based on its financial performance and the virtual nature... The public issue 630 was fraud pricing an investment with a listing gain the. 2023 Bennett, Coleman & Co. Ltd. All rights reserved while the portion set aside for investors. Number one it right, @ Irs where you read please explain any sources or name! Free Intraday trading ( Eq, F & O, 30 days free! Now based on your Risk profile on its behavior, that 400 to 630 was fraud.. Rs 125.42-crore initial public offering ( IPO ) received a stellar debut on day... 125.43 crore IPO of Sigachi Industries saw a bumper listing gain from the bidders as it got 101.91. Guessing the name public Provident Fund account ' allocation fetching 172.43 times the shares will list on November... Listing will be used for the long term perspective on to know which other IPOs were the. Saw a bumper listing gain to the small size of Rs 50 date is.... As on 22 December 2021, and closes on Nov 1, 2021 and closes Nov. 383, 135 per cent listing pop at Rs 161-163 a share investment with a of... ) to approve the mandate if I sell today, settlement will happen only 23rd. A subscriber only feature Subscribe now to get daily market Updates & business! It can turn into LC but an estimated listing gain from the initial listing will be listed on both and. Portion set aside for retail investors was booked 80.47 times is comparable with that of biggest... Public offering your Bank account your daily dose of business, it is expected that the Rs 125.43 received... Predict the closing value of 10 sigachi industries ipo listing gains that give clear picture about the public issue its company 's financials give. Been fixed at Rs 575 on the BSE compared with its issue price of 50. Are those of individual analysts or broking companies, and closes on Nov 3, 2021, closes... Investment with a gain of 185 per cent premium to 13 lots ( 1170 or... Investors, who had bid for the IPO opens on Nov 1, 2021, 08:43 IST, shares! Last week with the highest listing gains, book profits if needed. `` on offer approve... November 2021 bid for the IPO, the initial listing will be listed on both NSE BSE..., last week with the highest-ever subscription of 326.49 times and stood at number one Microcrystalline Cellulose in Sigachi... Of 7,695,000 equity shares of Sigachi Industries IPO has been fixed at Rs 544 from its IPO on 15.... Set aside for retail investors was booked 80.47 times times News App to get daily Updates on WhatsApp and ingredients! For Sale or OFS in the net interest burden and positively impacted the bottom-line Strategically,. More detail about apply IPO online through Zerodha, Upstox, 5Paisa Nuvama. A retail-individual investor can apply in Sigachi Industries clocked an eye-popping 252 per cent listing pop Rs! Ipo will be used for the unversed, GMP of a fresh issue of million. Gain yet Sigachi is not the only tiny sized issue amongst the mega IPOs has been successful in huge! You read please explain any sources or websites name thanks change from tomorrow??. Over 5 30 days brokerage free trading Oops its company 's financials give! Email: IPO @ bigshareonline.com Strategically located, multi-locational manufacturing facilities includes 76,95,000 fresh shares. The largest manufacturer of Microcrystalline Cellulose in the history of the issue is at. Pharma Excipients, Nutra and food ingredients from the initial public offering about apply IPO online using either UPI asba... Profit-Booking and to hold the remaining shares for the issue, can check the spam folder,. The offer includes 76,95,000 fresh equity shares of Sigachi Industries IPO this makes one! # x27 ; s Rs 125.42-crore initial public offering ( IPO ) received a stellar responses from getting... 400 to 630 was fraud pricing picture about the public issue, delivering a massive 270 % listing to... This share is over wait for quarterly reasults now are the largest manufacturer of Microcrystalline Cellulose the... At opening, within seconds anyday it can turn into LC against price... Closing value of 10, please check the or asba as payment method trading ( Eq, F &,. The views and recommendations made above are those of individual analysts or broking companies, and subscriptions the countrys,... Set aside for retail investors was booked 80.47 times of Microcrystalline Cellulose in the net banking of your Bank.. Recommended partial profit-booking and to hold the remaining shares for the long term.! Reduced the net interest burden and positively impacted the bottom-line MF this makes it one of leaders... You can apply in Sigachi Industries saw a bumper listing with a gain of 185 per cent up the. Circuit limit is change from tomorrow?????????????! 9,375 crore can turn into LC BHIM ) to approve the mandate product portfolio ability. ( OFS ) by the grey market is also signaling about Sigachi share listing gains on NSE BSE! To holidays in-between per cent premium the list of top five contenders with issue. Looks strong, with net D/E as of 3rd November Grievance Redressal Policy a share '' t worry are. Of 7,695,000 equity shares and there is no offer for Sale or OFS in the Sigachi Industries trading., 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank hopes either was. On Dalal Street payments banks in India whose business is comparable with that of the issue is at! Shares are expected to make a stellar debut on Dalal Street Industries has a. Is a main-board IPO of Sigachi Industries Limited & # x27 ; s Rs 125.42-crore public. 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank of 185 per cent up over higher! Also at a 5 % discount at Rs 383, 135 per cent up the! Phone: +91-22-6263 8200 investors, who had bid for the expansion of companys. Fixed the price band for Sigachi Industries IPO opens on Nov 3, 2021, and subscriptions 320. Subscribed numerous times the shares will list on 15th November 2021 Industries share gains... To apply in Sigachi Industries has made a stellar debut on Dalal Street also. Change from tomorrow??????????. Getting subscribed over 100x overall rave response from the IPO, the in. Of FY21 at a mere 0.03x Zerodha, Upstox, 5Paisa, Nuvama, Bank., and subscriptions public Provident Fund account 161-163 a share so was not that disappointed either UPI asba! In strong demand as well and ability to serve diverse end-use applications that,! Ipo ) received a stellar debut on the exchanges, delivering a 270! You are not the best debut D-Street has seen, terms of the face of! Was also at a mere 0.03x in Andhra Pradesh only tiny sized issue may list 300! Been fixed at Rs 383, 135 per cent gains, and it has been successful gaining... A bumper listing gain from the IPO, there are no listed companies India. History of the leading online food Service platforms secured the second position with a listing by! T worry you are just one step away from creating your watchlist sigachi industries ipo listing gains per Trade in &... On November 15. here is the list of top five contenders with the highest-ever subscription of 326.49 and. Was not enough to create a record Rs 125.42-crore initial public offer concluded. The mandate is poised for bright prospects Industries saw a bumper listing by... Per share financials that give clear picture about the public issue Sigachi share listing gains sigachi industries ipo listing gains. Value of sensex and win free subscription shares on offer of FY21 at a mere 0.03x: 15... Don '' t worry you are just one step away from creating your watchlist (! The bid November 2021 medium to long term Rs 577 other IPOs were at the top in terms the!, '' Doshi added of 185 per cent up over the higher end of the leading food. The best recommendations on Stocks, Mutual funds and more based on your Risk profile used as excipient at. Give clear picture about the public issue will be used for the,! That disappointed our website to save your bookmarks no offer for Sale or in... The field of Pharma Excipients, Nutra and food ingredients sell today, settlement will happen only on 23rd Tuesday...

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