Sigachi Industries IPO will be open from 01 November 2021 and closes on 03 November 2021 . Sigachi Industries IPO GMP Kostak rate and Subject to Sauda updated as of Today. Sigachi Industries IPO Grey Market Premium has been Started with Low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
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 Multi locational Facilities in Telangana and Gujarat, Sigachi has ensured supply chain reliability for its customers spread across the Globe.
Sigachi Industries IPO Issue size of ₹125.43 Crores, in which Fresh Issue of ₹125.43 Crores and Offer For Sale of ₹0 Crores and issue price band has been fixed at ₹161 -₹163 Per Share. The Sigachi Industries IPO is to be listed Soon on NSE and BSE.
What is Sigachi Industries IPO GMP Today?
■ The Sigachi Industries IPO GMP Today Or Grey Market Premium is ₹220-₹230.
What is Sigachi Industries IPO Kostak Rates Today?
■ The Sigachi Industries IPO Kostak rate is ₹350.
What is Sigachi Industries IPO Subject to Sauda Price Today?
■ The Sigachi Industries IPO Subject to Sauda rates is ₹12000.
Sigachi Industries IPO Approximately Returns?
■ The Sigachi Industries IPO’s approximate return is 70%-80%. And it can also change according to the Market Sentiment.
Sigachi Industries IPO GMP, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 15 Nov 2021 | List – ₹570 | ₹350 | ₹12000 |
| 14 Nov 2021 | ₹220-₹230 | ₹350 | ₹12000 |
| 13 Nov 2021 | ₹220-₹230 | ₹350 | ₹12000 |
| 12 Nov 2021 | ₹180-₹190 | ₹350 | ₹12000 |
| 11 Nov 2021 | ₹180-₹190 | ₹350 | ₹12000 |
| 10 Nov 2021 | ₹200-₹210 | ₹350 | ₹12500 |
| 09 Nov 2021 | ₹200-₹210 | ₹350 | ₹12500 |
| 08 Nov 2021 | ₹190-₹200 | ₹350 | ₹12000 |
| 07 Nov 2021 | ₹190-₹200 | ₹350 | ₹12000 |
| 06 Nov 2021 | ₹190-₹200 | ₹350 | ₹12000 |
| 05 Nov 2021 | ₹190-₹200 | ₹350 | ₹12000 |
| 04 Nov 2021 | ₹190-₹200 | ₹350 | ₹12000 |
| 03 Nov 2021 | ₹190-₹200 | ₹350 | ₹12000 |
| 02 Nov 2021 | ₹150-₹160 | ₹300 | ₹10000 |
| 01 Nov 2021 | ₹140-₹150 | ₹300 | ₹10000 |
| 31 Oct 2021 | ₹120-₹130 | ₹300 | ₹10000 |
| 30 Oct 2021 | ₹120-₹130 | ₹300 | ₹10000 |
| 29 Oct 2021 | ₹100-₹110 | ₹250 | ₹6800 |
| 28 Oct 2021 | ₹55-₹60 | ₹250 | ₹4500 |
| 27 Oct 2021 | ₹70-₹80 | ₹300 | ₹4500 |
| 26 Oct 2021 | ₹0-₹0 | ₹0 | ₹0 |
| 25 Oct 2021 | ₹0-₹0 | ₹0 | ₹0 |
Sigachi Industries IPO Date & Price Band & Details :
| IPO Open : | 01 November 2021 |
| IPO Close : | 03 November 2021 |
| IPO Size : | ₹125.43. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹161-₹163 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹125.43. Cr |
| Fresh Issue : | ₹125.43. Cr |
| Offer For Sale : | ₹0. Cr |
Sigachi Industries IPO Market Lot :
Sigachi Industries IPO Minimum Market lot is 1 Lot with 90 shares with ₹14,670 Application amount. The retail investors can apply up to 13 lots with 1170 Shares or ₹1,90,710 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 90 Shares |
| Minimum Amount : | ₹14,670 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 1170 Shares |
| Maximum Amount : | ₹1,90,710 |
Sigachi Industries IPO Shares Offer :
A total of 7,695,000 shares are to be bid for the public issue by Sigachi Industries IPO with 7,695,000 for Fresh issue and – for an offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 7,695,000 | ₹125.43 Cr |
| Offer For Sale : | – | ₹ |
| Total : | 7,695,000 | ₹125.43 Cr |
Sigachi Industries IPO Reservation :
Sigachi Industries IPO Total Reservation of 7,695,000 shares are to be bid for the public issue by Sigachi Industries IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 50% | 38,47,500 | ₹62.72 Cr |
| NII : | 15% | 11,54,250 | ₹18.81 Cr |
| RII : | 35% | 26,93,250 | ₹43.90 Cr |
| EMP : | – % | – | ₹ |
| Total : | 100% | 7,695,000 | ₹125.43 |
Sigachi Industries IPO Dates :
Sigachi Industries IPO Date is 01 November 2021 and the close date is 03 November 2021. The allotment will be finalized on 10 November 2021 and the IPO may list on 15 November 2021.
| Open Date : | 01 November 2021 |
| Close Date : | 03 November 2021 |
| Allotment Date : | 10 November 2021 |
| Refund Date : | 11 November 2021 |
| Share Credit Date : | 12 November 2021 |
| Listing Date : | 15 November 2021 |
Sigachi Industries IPO Form :
There are two ways to apply in Sigachi Industries IPO. You can apply for Sigachi Industries IPO through ASBA available in your bank account. You have to go to your online bank login and select Sigachi Industries IPO in the Invest section and apply through your bank account. Another option is you can apply for Sigachi Industries IPO through IPO form download through NSE and BSE. See the Sigachi Industries IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Sigachi Industries Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2021-3M | ₹5,512.24 | ₹4,357.18 | ₹898.97 |
| 2021 | ₹19,601.05 | ₹15,752.68 | ₹3,026.03 |
| 2020 | ₹14,394.90 | ₹11,860.51 | ₹2,031.55 |
| 2019 | ₹13,287.77 | ₹10,814.93 | ₹1,901.27 |
About Sigachi Industries Company
Our Company was incorporated as a private limited company in 1989, with the business to manufacture chlorinated paraffin and hydrochloric acid in our manufacturing unit situated at Hyderabad. In the year 1990, our Company diversified its product portfolio to manufacture microcrystalline cellulose (“MCC”).
Our Company commenced its export operations in the year 1996 by exporting its first order of MCC to Bangkok. Owing to the consistent efforts of our Company, the sale from our export operations constituted 32% of our total sales during the financial year ending March 31, 2004. In the year 2000, with an aim to diversify our business activities
Our Company started manufacturing premium grade microcrystalline cellulose by successfully commissioning a spray drier and a multi-fuel furnace, which in turn also increased our manufacturing capacity from 720 metric tonnes per annum to 1,080 metric tonnes per annum. Presently, we manufacture 59 different grades of MCC at our manufacturing units, situated at Hyderabad and Gujarat with an aggregate installed capacity of 11,880 MTPY. With over 30 years of continuous growth, three multi-locational manufacturing facilities, and a consistent focus on delivering premium quality products,
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Our Company is one of the leading manufacturers of MCC (cellulose-based excipients) in India (Source: Research Report on Microcrystalline Cellulose (MCC) & Croscarmellose Sodium (CCS) Industry). We have also entered into operations and management agreements with Gujarat Alkalies and Chemicals Limited (“GACL”) for operating and managing the manufacturing units owned by GACL and for contract manufacturing of sodium chlorate, stable bleaching powder, and poly aluminum chloride in the said units.
We are engaged in manufacturing microcrystalline cellulose (“MCC”) which is widely used as an excipient for finished dosages in the pharmaceutical industry. The inert non-reactive, free-flowing, and versatile nature of MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. We manufacture MCC of various grades ranging from 15 microns to 250 microns. The major grades of MCC manufactured and marketed by our Company are branded as HiCel and AceCel.
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These products are distinguished with the help of different drying techniques employed by our Company during the manufacturing process. HiCel is a spray-dried product and is considered premium in quality due to the physical properties of the product such as particle size, density, flow, tableting properties, etc. AceCel on the other hand is manufactured through a bulk drying process. We also manufacture various grades of this product in combination with various chemicals like colloidal silicon dioxide, carboxy cellulose sodium, mannitol, etc. to cater to the growing market of the co-processed excipients.
Sigachi Industries IPO GMP FAQs :
How much is Sigachi Industries IPO GMP Today?
Sigachi Industries IPO GMP Today is ₹220-₹230.
How much is Sigachi Industries IPO Grey Market Premium?
Sigachi Industries IPO is Grey Market Premium ₹220-₹230.
What is Sigachi Industries IPO Kostak Rate?
Sigachi Industries IPO Kostak Rate is ₹350.
What is Sigachi Industries IPO Subject to Sauda?
Sigachi Industries IPO Subject to Deals is ₹12000.
What are Sigachi Industries IPO Approx Returns?
Sigachi Industries IPO approx Returns is 70%-80%. And it can also change according to the Market Sentiment.
| Sigachi Industries IPO Details: Click Here Sigachi Industries IPO Subscription: Click Here Sigachi Industries IPO Allotment: Click Here Sigachi Industries IPO Listing: Click Here |
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