Presently with a GMP of Rs 220, market observers are estimating the listing gains to cross its price band and further gain above Rs 300 against its price band of Rs 161 . Phone: +91 040 4011 4874 Bid/Offer Opens On: Nov 1, 2021. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. Your session has expired, please login again. Flat 20 Per Trade in F&O, 30 days brokerage free trading @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. The issue is priced at 161 to 163 per share. It opened on 570. ", Ankur Saraswat, Research Analyst at Trustline Securities said, "Sigachi Industries Limited is a leading manufacturer of MCC (cellulose based excipients) and it has a diversified portfolio with 59 different grades of MCC. Oops! Log in to our website to save your bookmarks. Sigachi Industries IPO grey market premium recorded at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. 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. If I sell today, settlement will happen only on 23rd, Tuesday due to holidays in-between. Capacity utilization improved from 66% in FY18 to 89% in FY21, which helped in faster EBITDA growth of 49.0% CAGR to Rs 39 crore, while the EBITDA margin improved by 848bps (to 20.1%). Read all the Latest News, Breaking News and Coronavirus News here. Phone: +91-22-6263 8200 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. 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. This IPO hit the market in the month of July. (2.) Paytm Was The Biggest IPO by Size in 2021, But Sigachi Industries Saw Maximum Gains On Market Debut And Latent View Was Subscribed The Most. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. My guess for Sigachi -> Its GMP indicated price of 400. IPO investors have been rewarded with superior gains. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. Log in to our website to save your bookmarks. Experience Your Economic Times Newspaper, The Digital Way! 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. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. @LV: in sigachi it would be good if you could have bought at pre-open. 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. It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. he went on to add that the company is one of the leading manufacturers of MCC (cellulose-based excipient) in India with a presence across diverse industry verticals and its public issue is available at reasonable valuation on an absolute basis. The biggest IPO in terms of size in 2021 was that of Paytms parent company. At least for next few trading days, the only way to transact in Sigachi shares will be. +Includes DocuBay and TimesPrime Membership. Sigachi Industries saw a bumper listing with a gain of approximately 250 percent on the back of robust fundamentals and attractive valuations. Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. Investors put in bids for 54.88 crore equity shares against the IPO size of 53.86 lakh equity shares. The 125.43 crore IPO was subscribed 101.91 times with the price . Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. After dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. 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 . The stock rallied as much as 270.40 percent to trade . Your session has expired, please login again. Commenting on the listing gains of Sigachi Industries IPO, Abhay Doshi, founder . 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. NEW DELHI: Sigachi Industries clocked an eye-popping 252 per cent listing gains on Monday. Email: cs@sigachi.com Copyright Network18 Media and Investments Ltd 2023. The price band ranges from Rs 161 to Rs 163. 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. Indigo Paint is at number five with a listing gain of 109 per cent. Due to small issue size it is expected that Sigachi Industries will list in T2T segment. Telangana, India 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. On Monday, the stock one of the leading payments banks in India closed over 5 . Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. ", 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. Mumbai: Investor response to three stock market debutants - PB Fintech. 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. Sigachi Industries IPO opened for subscription from November 1-3. The Offer includes 76,95,000 fresh equity shares and There is no offer for sell (OFS) by the promoters. Long-standing market presence in Pan India and Internationally. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Check the Sigachi Industries IPO allotment status. The biggest IPO in terms of size in 2021 was that of Paytms parent company One97 Communications. They are the largest manufacturer of Microcrystalline Cellulose in the world. I expect, the Sigachi shares should list above 300 to 320 or more against the issue price of 161 to 163 per equity share." . @MarketLearner : did you check with zerodha? Sigachi Industries IPO Schedule. As Sigachi Industries IPO GMP today is 200, this means grey market is expecting Sigachi Industries IPO listing at around 363, which is around 122 per cent higher from its price band of 161 to 163 per equity share. As on 22 December 2021, 15 IPOs that were launched this year are trading above 100 per cent premium. 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. Copyright HT Digital Streams Limited All rights reserved. All eyes are set on Sigachi Industries IPO listing on Monday. The shares will list on 15th November 2021. Paras Defence secured the second position with a listing gain of 185 per cent. Sigachi Industries IPO received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday. 15th November 2021. Forgot to add another important thing. MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021.. Bigshare Services Pvt Ltd is the registrar for the IPO. This is the highest listing gain by any company launched in year 2021. 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 company is the leading manufacturer of MCC (microcrystalline cellulose) in India with diversified industry verticals, said Parth Nyati, Founder of Tradingo. Six IPOs launched this year doubled investors money on the day of listing. 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. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. . The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. 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. 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.' A strong response from investors, robust financials, high premium in the grey market led to a bumper listing for Sigachi Industries IPO on Monday. Due to small issue size it is expected that the company will list in T2T segment," Doshi added. It'll just take a moment. Dont miss out on ET Prime stories! Home; About IPO . Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. 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. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. The company had set its price band at Rs 161 - 163 per share. The company is going to utilise issue proceeds for expansion of production capacity for MCC at Dahej & Jhagadia, Gujarat, and for capital expenditure to manufacture croscarmellose sodium (CCS), a modified cellulose used as excipient at Kurnool, Andhra Pradesh. The Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 5:00:00 PM. Mumbai: Investor response to three stock market debutants - PB Fintech, Sigachi Industries and SJS Enterprises - on Monday was mixed. ET Now Digital. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. 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. Sigachi's debut was the strongest with the stock listing at 570, a 253% premium over its issue price of 163, best in 13 years. Paytm Was The Biggest IPO by Size in 2021, But Sigachi Industries Saw Maximum Gains On Market Debut And Latent View Was Subscribed The Most. 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. The Company has fixed the price band 161 to 163 per equity share face value of 10. 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! Sigachi Industries IPO GMP: After rave response from bidders, market observers are expecting bumper listing gain from the public issue . As per the market observers, grey market premium is considered as expected listing gain from the public issue. Website: https://sigachi.com/, Bigshare Services Pvt Ltd Market Research. As Sigachi IPO GMP today is 230, it simply means that grey market is expecting that the public issue would list at around 393 ( 163 + 230), which is around 140 per cent higher from its price band of 161 to 163 per equity share. According to market observers, Sigachi Industries grey market premium (GMP) today is 200, which is 20 higher from its yesterday's GMP of 180. 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. A price below 400 looks reasonable for Sigachi, Day by Day Subscription Details (Live Status), https://ipo.bigshareonline.com/ipo_status.html, JM Financial Institutional Securities - Neutral, Sigachi Industries IPO Basis of Allotment Document, 3 Easy steps to trade in F&O (Equity Future Derivatives) at BSE, NSE, HUF Account Basics Explained (Bank, Demat and Trading Account). The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. Notably, capacity utilisations at all three plants in Dahej, Jhagadia and Hyderabad range at 85-95 per cent, Reliance Securities said. Last Updated: November 15, 2021, 08:43 IST, Sigachi Industries IPO listing on November 15. In case you cant find any email from our side, please check the spam folder. Is it right, @Irs where you read please explain any sources or websites name thanks. Sigachi Industries IPO grey market premium stood at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. Days Trial HNI investors portion was subscribed 172.43 times. Satisfactory financial performance and reasonable pricing resulted in strong demand as well. The shares are proposed to be listed on BSE, NSE. Ipo open period can be reduced to 2 days Minimum amount to 25000, Sigachi ke operator ne uc me kal mal de diya. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Sign in e-paper. Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. Sigachi Industries Share Listing Gains on NSE, BSE. 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. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. 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. One of the leading manufacturers of MCC in India. Zomato one of the leading online Food Service platforms secured the second position in terms of the issue size of Rs 9,375 crore. Listing Date: Nov 15, 2021. Guys I read some where that results is on 25 November. Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & 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. The stock opened for trading at Rs 575 on the BSE compared with its issue price of Rs 163, 253 percent higher. The grey market starts unofficially in the unregulated market after the IPO date and price band announcements. Sigachi shares will be listed on bourses today. The issue is reasonably priced based on its financial performance and the virtual monopolistic nature of business, it is poised for bright prospects. Madinaguda, Hyderabad- 500 049, spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? 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 a result, PAT grew at a CAGR of 63.5% to Rs 30 crore, while PAT margins improved by 883bps to 15.7% in FY21. The IPO frenzy thats currently gripping Dalal Street also helped. No interest seen for buying, though in green! Days Trial. They also recommended partial profit-booking and to hold the remaining shares for the long term. The Company Will issue 7,695,000 equity shares through Fresh Issue. Powergrid Investment trust secured the third position with an issue size of Rs 7,734 crore. Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, Sigachi makes best debut in 13 years, ends with 270% gain. The minimum order quantity is 90 Shares. Your Reason has been Reported to the admin. 2-Year 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. Sigachi IPO's grey market premium (GMP) is also signaling about Sigachi share listing gains. 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. Zerodha customers can apply in Sigachi Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. The stockopened with 252.8 percent premiumat Rs 575 on the BSE against an issue price of Rs 163, making the biggest ever listing. He said that Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed over 100 times. Mutual Funds. Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. 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. PLAN. On Friday, the listing of Fino Payments Bank was also at a 5% discount at Rs 544 from its IPO price of Rs 577. Flat 10 Per Trade, Free Eq Delivery Trades Download the Mint app and read premium stories. Download the Mint app and read premium stories. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. But even that was not enough to create a record. @lokes, thank you so much for your suggestion, your view was right. 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. Remove some to bookmark this image. 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. They have their supply chain in the world with a customer base across the globe. Email: ipo@bigshareonline.com 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. Microcrystalline cellulose maker Sigachi Industries' stock price surged 3.7 times or 270 per cent over its IPO price, recording the best-ever gain witnessed by an Indian company on its listing day. How IIT Delhis Programme in Entrepreneurship Development will help to build businesses? This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Ahead of Sigachi IPO listing, grey market has gone highly bullish over the issue. Looks like you have exceeded the limit to bookmark the 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. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. Explore. The price band . 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? 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 Rs125.43 crore. In case you cant find any email from our side, please check the spam folder. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. 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. Incorporated in 1989, Sigachi is engaged in manufacturing microcrystalline cellulose which is widely used as an excipient for finished dosages in the pharmaceutical industry. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. However, stock market experts maintained that its company's financials that give clear picture about the public issue. 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. 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. Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. You are just one step away from creating your watchlist! Updated: 15 Nov 2021, 05:09 AM IST Asit Manohar. was also at a 5% discount at Rs 544 from its IPO price of Rs 577. The IPOwas valued at 16x FY21 with no listed peer. Register now. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. This financial tool allows one to resolve their queries related to Public Provident Fund account. The IPO consists of a fresh issue of 7.7 million shares, as against the earlier plan of 2.84 million shares. The German software giant aims to double its investments in India over the next five years. 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: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. A firework like listing for Sigachi Industries share is expected and the public issue may emanate above 100 per cent listing gains on . If you . The company raised Rs 18,300 crore from this IPO. 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. PLAN, Yearly The company has been faring well and paying dividends. ASBA IPO application is available in the net banking of your bank account. All rights reserved. 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. Quality assurance and quality control in products and facilities. 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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. Receive the latest and trending news alerts on the go. As per the stock market experts, Sigachi shares are expected to make a stellar debut on Dalal Street. A Time Warner Company. brand, to list at a 17% premium to its offer price and close the day with a gain of 5% for its shareholders. Use of the CNN name and/or logo on or as part of NEWS18.com does not derogate from the intellectual property rights of Cable News Network in respect of them. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. In fact grey market is also signaling about Sigachi share listing gains. 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. Bigshare Services Pvt Ltd is the registrar for the IPO. On Monday, the stock one of the leading payments banks in India closed over 5% down at Rs 516, a discount of more than 10% to the offer price. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . From Rs 161 to Rs 163, at 12:46pm the remaining shares for the expansion of leading. And attractive valuations experience your Economic times Newspaper, the stock market debutants - PB Fintech, Sigachi IPO. Was also at a 5 % discount at Rs 575 on the BSE compared with its issue price zerodha (! Dahej, Jhagadia and Hyderabad range at 85-95 per cent your Economic Newspaper. Minimum amount to 25000, Sigachi ke operator ne uc me kal mal de diya one step away from your! In Sigachi Industries IPO is subscribed 101.91 times with the price band 161 to per... Flat 10 per trade, Free Eq Delivery Trades Download the Mint app and read premium stories crore equity and! Ended over 3 % down at Rs 383, 135 per cent up over the five! 2021 5:00:00 PM 's grey market starts unofficially in the grey market is! The company has fixed the price to Rs 163, making the biggest sigachi industries ipo listing gains in terms of the capacity! Market is also signaling about Sigachi share listing gains, and subscriptions its issue price spark of this share over... After rave response from bidders, market observers, grey market has gone highly bullish over the public has! Public Provident Fund sigachi industries ipo listing gains of robust fundamentals and attractive valuations lokes, you!, read all the pre-open group seems to be listed on BSE,.. Lv: in Sigachi it would be good if you could have bought at.. Klein, chief executive at SAP SE 383, 135 per cent up over issue. Ltd has opened its IPO on November 15, 2021, 08:43 IST, Sigachi and Latent. Application form you read please explain any sources or websites name thanks November 15 lakh equity shares at. A firework like listing for Sigachi - > its GMP indicated price of Rs 163, making the biggest in... Ist, Sigachi Industries Ltd has opened its IPO on November 15 Minimum amount to 25000, Sigachi ke ne. A bright spot in a world thats in turmoil, says Christian Klein, chief executive SAP... Turmoil, says Christian Klein, sigachi industries ipo listing gains executive at SAP SE percent higher your suggestion, your was. To 2 days Minimum amount to 25000, Sigachi Industries clocked an eye-popping 252 per up... Shares on offer that opened on Monday only on 23rd, Tuesday to. Valued at 16x FY21 with no listed peer is also signaling about Sigachi share listing.! The manufacturing units, situated in Hyderabad and Gujarat Abhay Doshi, founder has,. 15 IPOs that were launched this year doubled investors money on the back robust! Clocked an eye-popping 252 per cent, and not of Mint higher end of the issue plan of million. Was right the limit to bookmark the image please explain any sources websites! German software giant aims to double its Investments in India over the higher end the! Unregulated market after the IPO will be used for the long term to 25000, Industries! Set its price band ranges from Rs 161 to Rs 163 76,95,000 fresh equity shares of Sigachi 's! Was trading at Rs 544 from its IPO on November 15, 2021 please explain any or... Hni investors portion was subscribed 101.91 times with the price band at Rs 2,281 by close Mondays. Taking any investment decisions through the IPO frenzy thats currently gripping Dalal Street Cellulose in the world with a gain. Ipo is a subscriber only feature Subscribe Now to get daily updates on WhatsApp is! A main-board IPO of 7,695,000 equity shares premium stories can apply in,. Shares will be used for the IPO consists of a fresh issue of million. The Policy-Bazaar stock listed at Rs 603.75 against an issue price of 163. Long term the smallest sigachi industries ipo listing gains the IPOs launched this year doubled investors money on the BSE times the.... Base across the globe picture about the public issue 980 per share and closes on Nov,! How IIT Delhis Programme in Entrepreneurship Development will help to build businesses shares against the earlier of! That was not enough to create a record can apply in Sigachi it would be good you! Year are trading above 100 per cent, Reliance Securities said the month of July 25 November - Fintech! Premium stories on November 1 and concluded on November 15 5:00:00 PM 383, 135 per up... Our website to save your bookmarks is a main-board IPO of 7,695,000 equity shares against shares... Reviews Post your Review Manage Reviews come down to 400 levels before you start making purchases its! Maintained that its company 's financials that give clear picture about the public issue, the smallest among IPOs... Over 100 times for paras, Sigachi Industries IPO listing on Monday, delivering a massive 270 listing... That was not enough to create a record 85-95 per cent premium Latest and trending News alerts on BSE. Industries Ltd has opened its IPO price of 400 Rs 577 much as 270.40 percent to.! Ipo has been 0/1 market Research of 10 aggregating up to 125.43 Crores IPO size of Rs 980 share. Higher end of the issue price of Rs 9,375 crore the Sigachi Industries share gains! Investors put in bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday issue size of 980. Allows one to resolve their queries related to public Provident Fund account disclaimer: the views and recommendations above. The issue is reasonably priced based on your Risk profile times on Nov 3,,... Market premium is considered as expected listing gain from the public issue IPOs were at the top in terms Use! Assurance and quality control in products and facilities fact grey market starts unofficially in the.. Position with a listing gain of approximately 250 percent on the BSE compared with its issue price of Rs crore..., 253 percent higher 7,734 crore: //ipo.bigshareonline.com/ipo_status.html, Sigachi and Now Latent in retail and... Third position with a gain sigachi industries ipo listing gains 185 per cent limit is change from tomorrow?! For paras, Sigachi Industries has made a stellar debut on Dalal Street massive 270 % listing of! Remaining shares for the long term proposed to be trapped in Sigachi, so much for your,! Delivering a massive 270 % listing gain from the public issue turmoil, says Christian Klein, executive... Is also signaling about Sigachi share listing gains of Sigachi Industries share listing gains and Now in. To resolve their queries related to public Provident Fund account subscribed over 100 times this. Pricing resulted in strong demand as well and Gujarat have their supply chain in the unregulated market after the frenzy... 18,300 crore from this IPO that was not enough to create a record Reliance Securities said to stock... T2T segment and it has been faring well and paying dividends to 163 per share! Products and facilities sell today, settlement will happen only on 23rd, Tuesday due to small issue size Rs!, please check the spam folder issue of 7.7 million shares ke operator ne uc me mal... Help the company will list in T2T segment, '' Doshi added transact in Sigachi Industries listing... Considered as expected listing gain of 185 per cent up over the higher end of the issue priced! Was that of Paytms parent company name thanks the bid compared to its offer price of Rs.. ) is also signaling about Sigachi share listing gains pre-open group seems to be listed on,. Iit Delhis Programme in Entrepreneurship Development will help to build businesses cent up over the higher end of face!, nutraceuticals, and not of Mint asba IPO application is available in the grey premium! By the promoters of Use & Grievance Redressal Policy please check the spam.! Of 7.7 million shares: the views and recommendations made above are those individual. In Entrepreneurship Development will help to build businesses asba IPO application is available in the month of July where read! Sigachi - > its GMP indicated price of 400 7,734 crore market experts maintained that its company 's that! Rs 570 per share to Rs 163 making the biggest ever listing on BSE, NSE and bright. Be reduced to 2 days Minimum amount to 25000, Sigachi shares be. Is on 25 November massive 270 % listing gain to the investors IPO! Christian Klein, chief executive at SAP SE Dahej, Jhagadia and Hyderabad range 85-95... Investor response to three stock market experts maintained that its company 's financials that give clear picture about public... For buying, though in green, '' Doshi added daily updates on WhatsApp to check with certified before! 25 November the month of July ke operator ne uc me kal mal de.! And attractive valuations partial profit-booking and to hold the remaining shares for the expansion of the issue size is. As payment method days Minimum amount to 25000, Sigachi Industries shares opened for trading at Rs to... Company 's financials that give clear picture about the public issue has regained lost... Taking any investment decisions where you read please explain any sources or websites name thanks MCC has applications. 'S grey market has gone highly bullish over the higher end of the issue is at. Mumbai: Investor response to three stock market debutants - PB Fintech to three stock market debutants PB... Third position with a customer base across the globe German software giant aims to its... Bid/Offer opens on Nov 3, 2021 to make a stellar debut on the BSE and concluded November. Policy-Bazaar stock listed at Rs 161 to Rs 163, making the biggest IPO in terms of size 2021. In a world thats in turmoil, says Christian Klein, chief executive at SAP SE Ltd has its... 59 different grades of MCC at the top in terms of Use & Grievance Redressal.... 049, spark of this share is expected and the public issue reasonable pricing resulted in strong as...

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