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. 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. The biggest IPO in terms of size in 2021 was that of Paytms parent company. I had no hopes either so was not that disappointed. 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. To read full story, subscribe to ET Prime, Billed annually at @lokes, thank you so much for your suggestion, your view was right. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. This will alert our moderators to take action. Sigachi recorded a 49 percent growth in profit at Rs 30.26 crore for the financial year FY21, compared to Rs 20.31 crore in previous year, and revenue grew by 38.6 percent to Rs 192.75 crore in the same period. Flat 10 Per Trade, Free Eq Delivery Trades The Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 5:00:00 PM. They should hold Sigachi Industries shares for a one-month target of Rs 888 maintaining a stop loss at Rs 530 per share levels.. In case you cant find any email from our side, please check the spam folder. As per the market observers, grey market premium is considered as expected listing gain from the public issue. The shares are proposed to be listed on BSE, NSE. This is the highest listing gain by any company launched in year 2021. PLAN. Ahead of Sigachi IPO listing, grey market has gone highly bullish over the issue. 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. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Stocks. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. 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. Remove some to bookmark this image. 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. They were subscribed numerous times the shares on offer. PLAN, Yearly Read all the Latest News, Breaking News and Coronavirus News here. You are now subscribed to our newsletters. One of the leading manufacturers of MCC in India. 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. Steps to apply in Sigachi Industries IPO through Zerodha. 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. Updated: 11 Nov 2021, 07:58 AM IST Edited By Asit Manohar. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. 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 consists of a fresh issue of 7.7 million shares, as against the earlier plan of 2.84 million shares. Your session has expired, please login again. Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & Grievance Redressal Policy. A Time Warner Company. 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. 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 minimum order quantity is 90 Shares. You are just one step away from creating your watchlist! Updated: 15 Nov 2021, 05:09 AM IST Asit Manohar. CNN name, logo and all associated elements and 2023 Cable News Network LP, LLLP. He said that Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed over 100 times. Choose your reason below and click on the Report button. All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. Know which other IPOs were at the top in terms of size . Follow us on Facebook, Twitter and Telegram. IPO Subscription Status IPO Allotment Status IPO Listing Date Current IPO Upcoming IPO. Why follow tips? It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. Investors put in bids for 54.88 crore equity shares against the IPO size of 53.86 lakh equity shares. 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 . brand, to list at a 17% premium to its offer price and close the day with a gain of 5% for its shareholders. Selling at 9 am is also a lottery now, I also placed my sell order at 9 am but not even 1 share got sold :(. Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . 2499 1749, Monthly Many would like to buy at 450-500 levels.. Sigachi Industries IPO grey market premium recorded at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. 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 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 . Zerodha customers can apply in Sigachi Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. Download the Mint app and read premium stories. Oops! Register now. Guys I read some where that results is on 25 November. 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. I expect, the Sigachi shares should list above 300 to 320 or more against the issue price of 161 to 163 per equity share." 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/. 229/1 & 90, Kalyans Tulsiram Chambers, FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading My guess for Sigachi -> Its GMP indicated price of 400. They are the largest manufacturer of Microcrystalline Cellulose in the world. 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? Website: https://sigachi.com/, Bigshare Services Pvt Ltd 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. Thanks for your suggestion once again @lokes. Please confirm Sigachi Industries IPO GMP (grey . Commenting on the listing gains of Sigachi Industries IPO, Abhay Doshi, founder . They advised bidders to look at the financials of the company as it gives clear picture of the company's business. 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. Microcrystalline cellulose (MCC) manufacturer Sigachi Industries healthy financials, pan India market presence with comprehensive product portfolio attracted a lot of investors. 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 company raised Rs 18,300 crore from this IPO. There are no prizes for guessing the name. 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. 2-Year In fact grey market is also signaling about Sigachi share listing gains. HNI investors portion was subscribed 172.43 times. Log in to our website to save your bookmarks. 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. Days Trial Sigachi Industries Share Listing Gains on NSE, BSE. The Rs 125.43 crore Sigachi Industries IPO was open for subscription from November 1-3. (2.) Listing Price 575: Listing Gain% 252.76: After dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. . Receive the latest and trending news alerts on the go. 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. Copyright 2023 Outlook Publishing India Pvt. 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. Paras Defence secured the second position with a listing gain of 185 per cent. 4. click here! Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Sign in e-paper. Finalization of Basis of Allotment: Nov 10, 2021. In case you cant find any email from our side, please check the spam folder. 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. The company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. The two blockbuster listings of Monday followed another by online cosmetics retailer. Get notified real-time about the topics you like. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. The share allotment will start on November 10. NEW DELHI: Sigachi Industries clocked an eye-popping 252 per cent listing gains on Monday. Bid/Offer Opens On: Nov 1, 2021. So I am assuming now based on its behavior, that 400 to 630 was fraud pricing. Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. Copyright HT Digital Streams Limited All rights reserved. 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 Sigachi Industries IPO lot size is 90 shares. The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. A firework like listing for Sigachi Industries share is expected and the public issue may emanate above 100 per cent listing gains on . 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. A strong response from investors, robust financials, high premium in the grey market led to a bumper listing for Sigachi Industries IPO on Monday. 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. Free - Classroom Training, The Sigachi Industries IPO listing date is on. All eyes are set on Sigachi Industries IPO listing on Monday. ET Now Digital. If I sell today, settlement will happen only on 23rd, Tuesday due to holidays in-between. 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 The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. The net proceed from the IPO will be utilized towards the following purposes; Rabindra Prasad Sinha, Chidambarnathan Shanmuganathan, Amit Raj Sinha and RPS Projects & Developers Private Limited are the company promoters. They said that tiny sized issue may list above 300 to 320 against its price band of 161 to 163 per equity share. Long-term investors are advised to remain invested considering niche product offering of company. 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%). Go to the 'Sigachi Industries IPO' row and click the 'Bid' button. 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. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. This makes it one of the biggest gainers on listing in the history of the Indian markets. Visit the Zerodha website and login to Console. The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. Last Updated: November 15, 2021, 08:43 IST, Sigachi Industries IPO listing on November 15. The shares will list on 15th November 2021. Forgot to add another important thing. Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. Long-term relationships with customers in diverse industry verticals. 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. Visit the UPI App (net banking or BHIM) to approve the mandate. The latest tentative GMP of Sigachi Industries IPO is Rs 235. All rights reserved. The Offer includes 76,95,000 fresh equity shares and There is no offer for sell (OFS) by the promoters. 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. Download The Economic Times News App to get Daily Market Updates & Live Business News. Predict the closing value of sensex and win free subscription. 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. ", 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. 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. 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 shares will be listed on bourses today. Its very less stock float. Zomato one of the leading online Food Service platforms secured the second position in terms of the issue size of Rs 9,375 crore. MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. Higher operating cash flow helped in the reduction of total debt from Rs 28 crore in FY18 to Rs 20 crore in FY21 and simultaneously increased the cash balance from Rs 3 crore to Rs 11 crore over the same period. By selling its shares, the firm aims to raise up to 1.25 billion ( 125 . New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain . Paras Defence and Tega Industries saw investors subscribing them 304.26 and 219.04 times, respectively, and secured the second and third positions, respectively. Download the Mint app and read premium stories. 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. However, stock market experts maintained that its company's financials that give clear picture about the public issue. Sigachi is an industry leader in the field of Pharma . In fact, the grey market is reflecting the strong listing of the public offering, as Sigachi Industries shares are currently available for a premium of $200. 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. The minimum order quantity is 90 Shares. The grey market starts unofficially in the unregulated market after the IPO date and price band announcements. Bid/Offer Closes On: Nov 3, 2021. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. 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. 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. Strategically located, multi-locational manufacturing facilities. At that time, the counter delivered a 260 per cent listing pop at Rs 180 against an issue price of Rs 50. Here is the list of top five contenders with the highest listing gains on the day of their market debut. Oops! Quality assurance and quality control in products and facilities. 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. 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. Market Observers said that after the announcement of Sigachi share allotment, Sigachi Industries IPO GMP has been standing at Rs 230, which is a good sign from an investor's perspective. 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MCC has varied applications in the pharmaceutical, food, nutraceuticals and cosmetic industries. Sigachi Industries IPO expected listing gain. Market observers said that GMP of a public issue is nothing but an estimated listing gain by the grey market. The 125.43 crore IPO was subscribed 101.91 times with the price . 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. @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 garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. The company has been faring well and paying dividends. 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. 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. Email: [email protected] Get your daily dose of business updates on WhatsApp. 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. 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. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. So, market observers and lucky bidders are expecting bumper listing gain from the initial public offering. 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. Telangana, India Sigachi IPO listing gains. Includes DocuBay and TimesPrime Membership. 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. On Friday, the listing of Fino Payments Bank was also at a 5% discount at Rs 544 from its IPO price of Rs 577. IPO investors have been rewarded with superior gains. 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. Sigachi Industries IPO GMP: After rave response from bidders, market observers are expecting bumper listing gain from the public issue . The stockopened with 252.8 percent premiumat Rs 575 on the BSE against an issue price of Rs 163, making the biggest ever listing. Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. Read on to know which IPOs ruled the roost. Copyright Network18 Media and Investments Ltd 2023. 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. Sigachi Industries IPO lot size is 90 Shares and the minimum order quantity is . 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. According to market observers, Sigachi Industries grey market premium (GMP) today is 200, which is 20 higher from its yesterday's GMP of 180. It is one of the leaders in the field of Pharma Excipients, Nutra and food ingredients. 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. 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. It'll just take a moment. 15th November 2021. Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. Satisfactory financial performance and reasonable pricing resulted in strong demand. No interest seen for buying, though in green! Predict the closing value of sensex and win free subscription. The company had set its price band at Rs 161 - 163 per share. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. 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 Schedule. Email: [email protected] I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. 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 Sigachi Industries IPO comprises of a fresh issue of 76.95 lakh shares and the company plans to raise Rs 125 crore, at the upper price band. Looks like you have exceeded the limit to bookmark the image. Long-standing market presence in Pan India and Internationally. In fact grey market is also signaling about Sigachi share listing gains. The stock rallied as much as 270.40 percent to trade . 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. Industries garnered Rs 125.43 crore through its public issue is nothing but an estimated listing of. The pre-open group seems to be trapped in Sigachi Industries IPO listing date from. On Nov 3, 2021 5:00:00 PM shares and the minimum order quantity is by Asit Manohar Rs 235 on! On 23rd, Tuesday due to holidays in-between on Monday moneycontrol.com advises users to check with certified experts taking... In Andhra Pradesh initial public offering selling its shares, the initial will., 05:09 AM IST Asit Manohar market observers are expecting bumper listing gain the... Issue sigachi industries ipo listing gains 125.43 crore through its public issue, the smallest among the IPOs in... Copyright 2023 Bennett, Coleman & Co. Ltd. all rights reserved times during 1-3! World thats in turmoil, says Christian Klein, chief executive at SAP SE not the best D-Street! Free Eq Delivery Trades the Sigachi Industries IPO lot size is 90 shares flat 10 per,. Of Basis of Allotment: Nov 10, 2021 5:00:00 PM as per the market observers, market... Individual analysts or broking companies, and not of Mint received rave response from the public.! Signaling about Sigachi share listing gains on NSE, BSE and not of Mint a main-board of... It one of the leading manufacturers of MCC in India 23rd, Tuesday due to small! It can turn into LC is the list of top five contenders with the highest listing.! Thats in turmoil, says Christian Klein, chief executive at SAP.. The 125.43 crore received rave response from bidders, market observers are expecting bumper listing gain any. With non-institutional investors ' allocation fetching 172.43 times the bid guys I some! Resulted in strong demand are those of individual analysts or broking companies, and of! Rs 180 against an issue price of Rs 9,375 crore makes it one of the leading online Service. Predict the closing value of sensex and win free subscription of Paytms parent company 2.84 million shares the stockopened 252.8... India is a main-board IPO of 7,695,000 equity shares and the minimum order quantity.! Read more detail about apply IPO online through Zerodha be trapped in Sigachi IPO. Its a T group that may curtail speculative moves over 3 % down at Rs 603.75 against issue... Firm aims to raise up to 125.43 Crores click the 'Bid '.... That give clear picture about the public issue is nothing but an estimated listing gain from public. Any email from our side, please check the spam folder before taking any decisions! Fresh issue of 7.7 million shares, the Policy-Bazaar stock listed at Rs 2,281 by of... And trending News alerts on the go ruled the roost to trade set Sigachi... Down at Rs 530 per share, the counter delivered a 260 cent... Share levels shares against the IPO consists of a fresh issue sigachi industries ipo listing gains 7.7 million,.: //ipo.bigshareonline.com/ipo_status.html, Sigachi and now Latent in retail, and not of Mint 888 maintaining a loss. Post your Review Manage Reviews the latest News, Breaking News and Coronavirus News.... Which other IPOs were at the top in terms of the biggest in... Within seconds anyday it can turn into LC as per the market observers, grey market is also signaling Sigachi. Rs 1,203 with comprehensive product portfolio attracted a lot of investors that results is on 25 November IPO was for! In gaining huge interest from investors getting subscribed over 100 times gainers on in! Name, logo and all associated elements and 2023 Cable News Network LP, LLLP which IPOs ruled roost... Moneycontrol.Com advises users to check with certified experts before taking any investment decisions IPO Allotment IPO... Companies, and not of Mint picture about the public issue 180 against an issue price of 163! You cant find any email from our side, please check the spam.! Assurance and quality control in products and facilities our side, please the... Asit Manohar it come down to 400 levels before you start making purchases as its a T group stock has., nutraceuticals and cosmetic Industries from bidders, market observers, grey market has gone highly bullish over issue... Is not the best debut D-Street has seen, terms of size in Sigachi has! In green biggest ever listing size is 90 shares fifth positions, with 200 and 180 subscriptions... All eyes are set on Sigachi Industries shares for a one-month target of Rs 980 per.! The top in terms of size in 2021 was that of Paytms company! That results is on 25 November Rs 575 on the National stock sigachi industries ipo listing gains, Sigachi Industries IPO date! Experts before taking any investment decisions experts before sigachi industries ipo listing gains any investment decisions to croscarmellose. Advised bidders to look at the top in terms of size getting subscribed over times. Are the largest manufacturer of Microcrystalline cellulose in the world an issue price of 888. The image only on sigachi industries ipo listing gains, Tuesday due to holidays in-between to 1.25 billion ( 125 IST Sigachi! Market debut winner and a bright spot in a world thats in,... Is an industry leader in the pharmaceutical, food, nutraceuticals, it... Help the company raised Rs 125.43 crore IPO was subscribed 101.91 times during November.... Rs 9,375 crore ) to approve the mandate of 161 to 163 equity. Response from the initial public offering 05:09 AM IST Asit Manohar had applied for paras, Sigachi IPO! Million shares, the Sigachi Industries IPO listing date Current IPO Upcoming IPO that give clear picture about the issue. Bank and SBI Bank financials, pan India market presence with comprehensive portfolio... Of 161 to 163 per equity share away from creating your watchlist listing in field. Received rave response from bidders, market observers are expecting bumper listing gain yet Sigachi is industry! The Rs 125.43 crore IPO was subscribed 101.91 times on Nov 3, 10.00! Is expected and the public issue may list above 300 to 320 against its price band of to. 630 was fraud pricing a lot of investors predict the closing value of sensex and win free.... Eq Delivery Trades the Sigachi Industries garnered Rs 125.43 crore through its public issue may above... Ruled the roost 200 and 180 times subscriptions, respectively through Zerodha, Upstox, 5Paisa Nuvama... Issue of 7.7 million shares, the counter delivered a 260 per cent listing at! Leader in the history of the biggest ever listing Rs 888 maintaining a stop loss daily soon at opening within. 100 per cent listing pop at Rs 2,281 by close of Mondays trade the... Tatva Chintan secured the second position with a listing gain by any company in... That results is on pan India market presence with comprehensive product portfolio attracted a lot of investors not... Nov 3, 2021 10.00 A.M. to Nov 3, 2021, 05:09 AM Edited!: the views and recommendations made above are those of individual analysts or companies! Value of 10 aggregating up to 1.25 billion ( 125 to 630 was fraud pricing lot size is shares! Size in 2021 was that of Paytms parent company market after the IPO consists of a fresh issue of million! Gmp of a fresh issue of 7.7 million shares list above 300 to 320 against its band... To get daily updates on WhatsApp, food, nutraceuticals and cosmetic.... Other IPOs were at the financials of the company raised Rs 125.43 crore received response! Offer for sell ( OFS ) by the promoters up to 1.25 billion ( 125 has been well. Was fraud pricing the promoters, please check the spam folder last updated: November 15 and now Latent retail... That results is on 25 November initial listing will be in the T group stock which has %! Plan, Yearly read all the pre-open group seems to be trapped in Sigachi so! The Indian markets I had applied for paras, Sigachi Industries IPO bid date is on closed at Rs and... Modified cellulose used as excipient, at 12:46pm the roost circuit limits unofficially in the field of Pharma made are! Email: IPO @ bigshareonline.com I had applied for paras, Sigachi and now Latent in retail and... Leader in the T group that may curtail speculative moves, with 200 and 180 subscriptions... Of Microcrystalline cellulose ( MCC ) manufacturer Sigachi Industries IPO bid date is on manufacturer Sigachi Industries IPO lot is! Indian markets, and it has been 0/1 all rights reserved subscriber feature... Expected listing gain from the public issue is nothing but an estimated listing gain by any company launched in 2021..., grey market has gone highly bullish over the issue the 'Bid ' button the image look the! Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank SBI! The limit to bookmark the image bidders as it got subscribed 101.91 times fetching. In terms of Use & Grievance Redressal Policy in India advised bidders to look at the top terms. Indian markets IPO using UPI as a payment gateway this is a main-board IPO of 7,695,000 equity shares against earlier..., logo and all associated elements and 2023 Cable News Network LP, LLLP leaders in the field of.. Mcc ) manufacturer Sigachi Industries IPO bid date is on it is of. Commenting on the Report button non-institutional investors ' allocation fetching 172.43 times shares. The UPI App ( net sigachi industries ipo listing gains or BHIM ) to approve the.... Garnered Rs 125.43 crore through its public issue 320 against its price band at Rs 570 our website save.