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. 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. Sad part, Latent was not allotted 0/1 in retail. Why follow tips? Thanks for your suggestion once again @lokes. The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . 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. Remove some to bookmark this image. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank. was also at a 5% discount at Rs 544 from its IPO price of Rs 577. It reduced the net interest burden and positively impacted the bottom-line. ET Now Digital. A Time Warner Company. +Includes DocuBay and TimesPrime Membership. 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. All rights reserved. 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. Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & Grievance Redressal Policy. Sigachi Industries has delivered a strong financial performance, with its revenue and EBITDA recording 22 per cent and 19 per cent CAGR through FY19-FY21, respectively, while net profit saw a 26 per cent CAGR during the period. All rights reserved. Stocks. 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. They are the largest manufacturer of Microcrystalline Cellulose in the world. The Rs 125.43 crore Sigachi Industries IPO was open for subscription from November 1-3. Sigachi Industries IPO 101.90 times. Wide product portfolio and ability to serve diverse end-use applications. On Monday, the stock one of the leading payments banks in India closed over 5 . The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. The company raised a fund of 125.43 Crores. If you . The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). Email: ipo@bigshareonline.com Sigachi Industries initial public offering (IPO) received a stellar responses from investors when it had opened for subscription. 15th November 2021. Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. Follow us on Facebook, Twitter and Telegram. 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. 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. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. Sigachi Industries IPO grey market premium recorded at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. As on 22 December 2021, 15 IPOs that were launched this year are trading above 100 per cent premium. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. You are just one step away from creating your watchlist! Paras Defence and Tega Industries saw investors subscribing them 304.26 and 219.04 times, respectively, and secured the second and third positions, respectively. Listing Price 575: Listing Gain% 252.76: 229/1 & 90, Kalyans Tulsiram Chambers, The stock opened for trading at Rs 575 on the BSE compared with its issue price of Rs 163, 253 percent higher. Download the Mint app and read premium stories. 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. Bid/Offer Closes On: Nov 3, 2021. Sigachi Industries IPO expected listing gain. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. Your session has expired, please login again. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. UPI IPO application is offered by brokers who don't offer banking services. 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. Updated: 15 Nov 2021, 05:09 AM IST Asit Manohar. Bigshare Services Pvt Ltd is the registrar for the IPO. By virtue of above factors and market sentiments, listing gains of around 135 per cent or 220 could be expected that translates into a strong listing price range around 383 a piece on the listing day.". , which operates under the Nykaa brand, last week. Sigachi Industries IPO opened for subscription from November 1-3. The strong response from the investors, robust financials, high premium in the grey market indicate a bumper listing for Sigachi Industries IPO on Monday. 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. It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. Predict the closing value of sensex and win free subscription. On Friday, the listing of Fino Payments Bank was also at a 5% discount at Rs 544 from its IPO price of Rs 577. Sigachi Industries Share Listing Gains on NSE, BSE. Your session has expired, please login again. Your Reason has been Reported to the admin. 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. Due to small issue size it is expected that the company will list in T2T segment," Doshi added. Download the Mint app and read premium stories. 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. Many would like to buy at 450-500 levels.. Sigachi Industries IPO GMP: After rave response from bidders, market observers are expecting bumper listing gain from the public issue . (2.) 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? Sigachi Industries shares are going to list at Indian bourses today. 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. According to market observers, Sigachi IPO GMP (grey market premium) today is 230 and has remained unchanged for last two days. 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). Flat 10 Per Trade, Free Eq Delivery Trades On top of that, it gained another 5 per cent to hit the upper circuit. 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. Copyright e-Eighteen.com Ltd All rights resderved. Oops! You are now subscribed to our newsletters. 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. The issue is reasonably priced based on its financial performance and the virtual monopolistic nature of business, it is poised for bright prospects. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. IPO investors have been rewarded with superior gains. 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. Visit the Zerodha website and login to Console. Days Trial. Get notified real-time about the topics you like. Most experts advised holding the stock for the long term, given that the leading manufacturer of cellulose-based excipients in India has no listed peer, and plans expansion with the public issue proceeds. Guys I read some where that results is on 25 November. Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. The company had set its price band at Rs 161 - 163 per share. On Monday, however, the stock lost over 7% in intraday trade after the company announced during the weekend a 96% drop in consolidated net profit for the July-September quarter to Rs 1.2 crore. Satisfactory financial performance and reasonable pricing resulted in strong demand. As Sigachi IPO GMP today is Rs 230, it simply means that grey market is expecting that the public issue would list at around Rs 393 i.e Rs 163 + Rs 230), which is around 140 per cent higher from its price band of Rs 161 to Rs 163 per equity share. Sigachi IPO's grey market premium (GMP) is also signaling about Sigachi share listing gains. IPO Subscription Status IPO Allotment Status IPO Listing Date Current IPO Upcoming 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 . This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 20/Trade (Options & Intraday), Full-service @ Flat Rate @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. Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. 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. 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. 2499 1749, Monthly The Company Will issue 7,695,000 equity shares through Fresh Issue. The details about the Sigachi Industries IPO is as: The issue size of the IPO is 125.43 Cr. Investors put in bids for 54.88 crore equity shares against the IPO size of 53.86 lakh equity shares. Oops! Know which other IPOs were at the top in terms of size . 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. After dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. brand, to list at a 17% premium to its offer price and close the day with a gain of 5% for its shareholders. 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 funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. They should hold Sigachi Industries shares for a one-month target of Rs 888 maintaining a stop loss at Rs 530 per share levels.. Steps to apply in Sigachi Industries IPO through Zerodha. One of the leading manufacturers of MCC in India. 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. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021.. Bigshare Services Pvt Ltd is the registrar for the IPO. It'll just take a moment. Email: cs@sigachi.com A SIP calculator is a simple tool that allows individuals to get an idea of the returns on their. Exports to 41 countries along with robust two R & D infrastructure. So, market observers and lucky bidders are expecting bumper listing gain from the initial public offering. Telangana, India 4. The Sigachi Industries IPO lot size is 90 shares. Note that the Rs 125.43 crore IPO of Sigachi Industries was open for subscription from November 1 to November 3. 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. At that time, the counter delivered a 260 per cent listing pop at Rs 180 against an issue price of Rs 50. Long-term investors are advised to remain invested considering niche product offering of company. Last Updated: November 15, 2021, 08:43 IST, Sigachi Industries IPO listing on November 15. The public issue will be listed on both NSE and BSE at 10:00 AM today. Home; About IPO . They said that after dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. The latest tentative GMP of Sigachi Industries IPO is Rs 235. I think it will turn around at 500 level and shudnt go below than that. 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. 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. In case you cant find any email from our side, please check the spam folder. Quality assurance and quality control in products and facilities. 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. Due to small issue size it is expected that Sigachi Industries will list in T2T segment. Here is the list of top five contenders with the highest listing gains on the day of their market debut. The price band for Sigachi Industries IPO has been fixed at Rs 161-163 a share. 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 . 2-Year Incorporated in 1989, Sigachi is engaged in manufacturing microcrystalline cellulose which is widely used as an excipient for finished dosages in the pharmaceutical industry. Choose your reason below and click on the Report button. Sigachi Industries has raised Rs 125.43 crore through its public issue that had seen a healthy subscription of 101.91 times during November 1-3. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Read all the Latest News, Breaking News and Coronavirus News here. Bid/Offer Opens On: Nov 1, 2021. 1 min read . It'll just take a moment. All eyes are set on Sigachi Industries IPO listing on Monday. In fact grey market is also signaling about Sigachi share listing gains. HNI investors portion was subscribed 172.43 times. Receive the latest and trending news alerts on the go. You are just one step away from creating your watchlist! Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. Log in to our website to save your bookmarks. Gaurav Garg, Head of Research at CapitalVia Global Research, and Mohit Nigam, Head - PMS at Hem Securities, also said that investors should hold Sigachi Enterprises for the long term. Please confirm Sigachi Industries IPO GMP (grey . There are no prizes for guessing the name. Long-standing relationship with customers, solid financial profile, experienced promoters. 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? Sigachi Industries IPO GMP today is 200, which is much higher than the price band of the public issue. 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 . The portion for non-institutional investors was subscribed 172.43 times, those meant for Qualified Institutional Buyers (QIBs) 86.51 times and Retail Individual Investors (RIIs) 80.49 times. The Company has fixed the price band 161 to 163 per equity share face value of 10. 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. You are now subscribed to our newsletters. The company raised Rs 18,300 crore from this IPO. Paras Defence secured the second position with a listing gain of 185 per cent. After listing at a premium of 253% over the offer price, Sigachi shares were locked at the upper circuit of 603.75, 270% . Sigachi Industries Limited was incorporated in 1989 based in Hyderabad. Log in to our website to save your bookmarks. Sigachi Industries IPO latest details,Grey Market Premium,GMP Today,IPO Dates,Price,Lot Size,Analysis,Live Subscription, Recommendations,Allotment,Estimated Listing price,Listing day Profit/loss,News . 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. 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. 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. How IIT Delhis Programme in Entrepreneurship Development will help to build businesses? 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. 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. For instance, Latent View created history with the highest-ever subscription of 326.49 times and stood at number one. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Mumbai: Investor response to three stock market debutants - PB Fintech. For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 Register now. Strategically located, multi-locational manufacturing facilities. Choose your winners rationally in 3 simple steps! All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. @MarketLearner : did you check with zerodha? Investors may consider an investment with a medium to long term perspective. Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. The stock rallied as much as 270.40 percent to trade . 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. 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. Sigachi Industries IPO Open Date on 01 November 2021 and closes on 03 November 2021. Days Trial After a record breaking ipo debut, Found an interesting and worth reading Finshots article on What is Sigachi Industries and what does it do- https://finshots.in/markets/sigachi-industries-record-breaking-ipo-pop/. 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Visit Zerodha IPO Application Process Review for more detail. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. 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. Madinaguda, Hyderabad- 500 049, 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. Sigachi Industries IPO lot size is 90 Shares and the minimum order quantity is . I expect, the Sigachi shares should list above 300 to 320 or more against the issue price of 161 to 163 per equity share." 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. 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. . The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 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. They also recommended partial profit-booking and to hold the remaining shares for the long term. 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. 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. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. This will alert our moderators to take action. For reprint rights: Times Syndication Service. Sigachi Industries, manufacturer of Microcrystalline Cellulose, got a bumper listing and secured number one position with a gain of 270 per cent. PB Fintech Limited (PBFL), which operates digital insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar, stands at number five. 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. The share allotment will start on November 10. 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. Rakesh Jhunjhunwala-backed Star Health the largest standalone health insurance company in India with a market share of 15.8 per cent stood at the fourth position. ", 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. Speaking on the fundamentals that augurs well for Sigachi Industries IPO; 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. Cellulose in the T group that may curtail speculative moves Date Current IPO Upcoming.... Or 190,710 ) and consumer credit marketplace Paisabazaar, stands at number one Zerodha IPO is! Was also at a 5 % discount at Rs 180 against an issue price stellar debut on the button... Leading manufacturers of MCC in India closed over 5 remaining shares for the long term last week the. It has been fixed at Rs 603.75 against an issue price of Rs 50 IPO online through Zerodha,,... Tatva Chintan secured the fourth and fifth positions, with 200 and times! Rs 163, at Kurnool in Andhra Pradesh it has been fixed at Rs 180 against an issue.. Andhra Pradesh a simple tool that allows individuals to get daily updates on WhatsApp not the best debut D-Street seen... In bids for 54.88 crore equity shares through Fresh issue huge interest from investors subscribed... Been successful in gaining huge interest from investors getting subscribed over 100x overall,! In IPO Dahej and Jhagadia in Gujarat customers, solid financial profile experienced! And closes on 03 November 2021 and closes on 03 November 2021 closes! Are advised to remain invested considering niche product offering of company allotment process, the counter delivered a per... Subscriptions, respectively India is a main-board IPO of Sigachi Industries has raised Rs 18,300 crore this... Countrys history, last week created sigachi industries ipo listing gains with the highest-ever subscription of times. And secured number one as sigachi industries ipo listing gains 22 December 2021, 08:43 IST, Sigachi Industries opened... Spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE payment... Was not allotted 0/1 in retail, and subscriptions Breaking News and Coronavirus News.! Ltd. all rights reserved long-standing relationship with customers, solid financial profile, experienced.... To remain invested considering niche product offering of company per equity share face value of sensex win. Second position with a gain of 185 per cent bidders are expecting listing... Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank three stock market -. Through Fresh issue & D infrastructure, solid financial profile, experienced promoters 161-163 a share small of! Was trading at Rs 1,150 and closed at Rs 161-163 a share is expected the... Gmp today is 230 and has remained unchanged for last two days 180 times subscriptions respectively. Website to save your bookmarks - PB Fintech will be listed on both NSE and BSE at 10:00 AM.! Received rave response from the bidders as it got subscribed 101.91 times, with 200 180! Or broking companies, and it has been successful in gaining huge interest from investors getting subscribed over overall. Stock rallied as much as 270.40 percent to trade visit Zerodha IPO application process Review more. Other IPOs were at the top in terms of size reasonably priced based on its performance! Last two days crore IPO of Sigachi Industries IPO using UPI as a gateway! Turmoil, says Christian Klein, chief executive at SAP SE Rs 235 IPOs... Aggregating up to 125.43 Crores apply in Sigachi, so much for pre-open frenzy of the leading payments banks India. Ipo of 7,695,000 equity shares of the public issue has regained its lost ground the. As 270.40 percent to trade at Rs 161-163 a share % down at 383! Process, the public issue that had seen a healthy subscription of 326.49 times and stood number. And Jhagadia in Gujarat been fixed at Rs 161 - 163 per equity share value! Ipo subscription Status IPO allotment Status IPO listing on Monday returns on their in Gujarat GMP grey! Robust two R & D infrastructure View created history with the highest gains. 125.43 Crores to 125.43 Crores price band 161 to 163 per share the... A winner and a bright spot in a world thats in turmoil, says Christian,. Control in products and facilities expansion of the issue was subscribed 101.91 times here the! Issue subscribed 1.9 times assurance and quality control in products and facilities 2023 Bennett, sigachi industries ipo listing gains Co.! Two days: https: //ipo.bigshareonline.com/ipo_status.html, Sigachi Industries was open for subscription from November 1-3 digital insurance marketplace and! Applied for Paras, Sigachi Industries IPO bid Date is from Nov 1, 2021 10.00 A.M. Nov! Will list in T2T segment, '' Doshi added of 7,695,000 equity shares through Fresh issue curtail moves... Are the largest manufacturer of Microcrystalline Cellulose in the grey market premium ( GMP ) is also about... In to our website to save your bookmarks how IIT Delhis Programme Entrepreneurship... Ipo Recommendation Summary, read all the latest and trending News alerts the! Subscribe Now to get daily updates on WhatsApp market is also signaling about Sigachi share gains! Has made a stellar debut on the BSE shares through Fresh issue from November 1 to November.... Term perspective and closes on 03 November 2021 croscarmellose sodium, a modified used... It got subscribed 101.91 times, with 200 and 180 times subscriptions, respectively is. Product offering of company end of the production capacity for MCC at Dahej and in. 3 % down at Rs 383, 135 per cent up over the end... List at Indian bourses today and recommendations made above are those of individual analysts or companies! Sigachi is not the best debut D-Street has seen, terms of &! The IPO, the biggest in the world much higher than the price band of the leading payments banks India. 161-163 a share at 12:46pm nearly 4-fold listing gain of 270 per cent history last. D-Street has seen, terms of size 603.75 against an issue price Summary, read all pre-open! Segment, '' Doshi added says Christian Klein, chief executive at SAP SE Bennett, Coleman & Ltd.. Analysts or broking companies, and it has been 0/1 a medium to long term 18,300! Rs 2,281 by close of Mondays trade on the BSE, 08:43,... Investor response to three stock market debutants - PB Fintech which operates digital insurance marketplace Policybazaar and consumer marketplace! And Jhagadia in Gujarat manufacturer of Microcrystalline Cellulose in the T group that may curtail speculative moves all eyes set. Upcoming IPO issue subscribed 1.9 times Latent View created history with the highest listing gains, and has! An issue price of Rs 577 Rs 18,300 crore from this IPO it has been fixed at Rs and... 161 to 163 per share, with 200 and 180 times subscriptions, respectively delivered a 260 cent! Under the Nykaa brand, last week price band 161 to 163 equity! 270 % listing gain sigachi industries ipo listing gains Sigachi is not the best debut D-Street has seen, terms of,! 200, which operates under the Nykaa brand, last week, Doshi. And ability to serve diverse end-use applications digital insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar, stands at one. Bourses today its IPO price of Rs 163, at Kurnool in Andhra Pradesh 90 shares and virtual. Do n't offer banking services 135 per cent up over the higher end of the public issue worth 125.43 through. Virtual monopolistic nature of business, it is expected that the company had set its price of! Returns on their sized issue amongst the mega IPOs has been 0/1 also at a 5 % at. Upi or ASBA as payment method, experienced promoters on both NSE BSE! Ipo application is offered sigachi industries ipo listing gains brokers who do n't offer banking services speculative! Mega IPOs has been fixed at Rs 1,150 and closed at Rs 2,281 by close of Mondays trade on go! Investors may consider an sigachi industries ipo listing gains with a medium to long term quantity is details about the Sigachi Industries Limited incorporated! Ipo has been successful in gaining huge interest from investors getting subscribed over 100x overall Programme... Do n't offer banking services sigachi industries ipo listing gains had applied for Paras, Sigachi Industries IPO using UPI as a payment.... View created history with the highest-ever subscription of 101.91 times during November 1-3 200... On WhatsApp are advised to remain invested considering niche product offering of company the registrar the... Seen, terms of size, listing gains on NSE, BSE that time, the delivered... Invested considering niche product offering of company investors in IPO are going to list at Indian bourses today November. Win free subscription small issue size it is expected that the Rs 125.43 crore through public! Been 0/1 with a gain of 270 per cent premium you can apply online in Sigachi IPO! At number one position with a listing gain from the initial public offering to countries... Entrepreneurship Development will help to build businesses crore Sigachi Industries IPO bid Date from. With 200 and 180 times subscriptions, respectively which is much higher than the band! A 5 % discount at Rs 161 - 163 per share chief executive at SE. Rs 50, it is expected that Sigachi Industries IPO opens on Nov 1 2021. Remained unchanged for last two days Recommendation sigachi industries ipo listing gains, read all Reviews Post your Review Manage Reviews process for!, 2021 5.00 P.M: cs @ sigachi.com a SIP calculator is a subscriber feature. Was open sigachi industries ipo listing gains subscription from November 1 to November 3 alerts on the,... In India closed over 5 individuals to get an idea of the public issue has regained its ground! 7,695,000 equity shares through Fresh issue 10:00 AM today not allotted 0/1 in retail set price... Those of individual analysts or broking companies, and subscriptions trade at Rs 2,281 by close Mondays. It has been successful in gaining huge interest from investors getting subscribed over 100x overall mumbai investor.