sigachi industries ipo listing gains

All rights reserved. Email: cs@sigachi.com Know which other IPOs were at the top in terms of size . 229/1 & 90, Kalyans Tulsiram Chambers, The company had set its price band at Rs 161 - 163 per share. Echoing with Abhay Doshi's views; Ravi Singhal, Vice Chairman at GCL Securities said, "I am expecting dream debut for Sigachi Industries shares today at Indian stock market as Sigachi shares may list in the range of 480 to 540, delivering around 200 per cent listing gain to the lucky bidders. No interest seen for buying, though in green! 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. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. So, market observers and lucky bidders are expecting bumper listing gain from the initial public offering. 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. Download The Economic Times News App to get Daily Market Updates & Live Business News. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Choose your winners rationally in 3 simple steps! Your session has expired, please login again. 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 company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. 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. How IIT Delhis Programme in Entrepreneurship Development will help to build businesses? 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. 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. 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. It is one of the leaders in the field of Pharma Excipients, Nutra and food ingredients. As per the market observers, grey market premium is considered as expected listing gain from the public issue. Wide product portfolio and ability to serve diverse end-use applications. There are no listed companies in India whose business is comparable with that of the companys business." Copyright e-Eighteen.com Ltd All rights resderved. Looks like you have exceeded the limit to bookmark the image. It reduced the net interest burden and positively impacted the bottom-line. In case you cant find any email from our side, please check the spam folder. You are now subscribed to our newsletters. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! To check the Sigachi Industries IPO application status online at the company's Registrar's office that is . This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. The strong response from the investors, robust financials, high premium in the grey market indicate a bumper listing for Sigachi Industries IPO on Monday. The 125.43 crore IPO was subscribed 101.91 times with the price . It'll just take a moment. 15 Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. IPO Subscription Status IPO Allotment Status IPO Listing Date Current IPO Upcoming IPO. Stocks. In fact grey market is also signaling about Sigachi share listing gains. 1 min read . There are no prizes for guessing the name. New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain . Oops! Average return ratios, RoE and RoIC stood at 38.1% (+1184bps) and 40.7% (+2085bps), respectively, in FY21. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. Listing Price 575: Listing Gain% 252.76: The German software giant aims to double its investments in India over the next five years. 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. It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. 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 . The Company Will issue 7,695,000 equity shares through Fresh Issue. The Indian economy grew at a slower-than-expected 4.4% in the December quarter compared with 6.3% in the preceding three-month period, weighed down by base normalisation and weakness in consumption. Visit Zerodha IPO Application Process Review for more detail. 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. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. (2.) Updated: 11 Nov 2021, 07:58 AM IST Edited By Asit Manohar. PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, 90 Days Prime access worth Rs999 unlocked for you, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. Madinaguda, Hyderabad- 500 049, 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 . The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. 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/. 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. Zomato one of the leading online Food Service platforms secured the second position in terms of the issue size of Rs 9,375 crore. This IPO is an entirely fresh issue. The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. 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. Phone: +91-22-6263 8200 For instance, Latent View created history with the highest-ever subscription of 326.49 times and stood at number one. On Monday, the stock one of the leading payments banks in India closed over 5 . It'll just take a moment. Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. Check Sigachi Industries IPO allotment status online by clicking the button below. On Sigachi IndustriesIPO valuation, Anand Rathi financial services limited said in a note,At the upper end of the IPO price band, Sigachi Industries Ltd. is offered at P/E of 15.1x its TTM earnings, with a market capitalization of Rs 5,011 million. Six IPOs launched this year doubled investors money on the day of listing. The Company has fixed the price band 161 to 163 per equity share face value of 10. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. . 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. 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 have their supply chain in the world with a customer base across the globe. This is the highest listing gain by any company launched in year 2021. Includes DocuBay and TimesPrime Membership. The minimum order quantity is 90 Shares. 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. PLAN. Investors, who had bid for the issue, can check the . Forgot to add another important thing. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. 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. Sigachi Industries IPO GMP today is 200, which is much higher than the price band of the public issue. Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. 2-Year Log in to our website to save your bookmarks. Your Reason has been Reported to the admin. This will alert our moderators to take action. click here! Exports to 41 countries along with robust two R & D infrastructure. They said that grey market premium is an unofficial data and one should not rely on it too much. 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. The grey market starts unofficially in the unregulated market after the IPO date and price band announcements. On top of that, it gained another 5 per cent to hit the upper circuit. There are no listed companies in India whose business is comparable with that of the companys business. Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . Long-standing relationship with customers, solid financial profile, experienced promoters. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. You are just one step away from creating your watchlist! Sigachi Industries IPO expected listing gain. Website: https://ipo.bigshareonline.com/ipo_status.html, Sigachi Industries IPO Recommendation Summary, Read All Reviews Post Your Review Manage Reviews. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. Copyright HT Digital Streams Limited All rights reserved. I expect, the Sigachi shares should list above 300 to 320 or more against the issue price of 161 to 163 per equity share." I think it will turn around at 500 level and shudnt go below than that. 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. Sigachi Industries Share Listing Gains on NSE, BSE. 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. In terms of the best debut on Dalal Street, Sigachi Industries fell behind the spectacular first innings of Tantia Constructions, which entered the secondary markets in April 2006. The minimum order quantity is 90 Shares. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Download The Economic Times News App to get Daily Market Updates & Live Business News. 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! By selling its shares, the firm aims to raise up to 1.25 billion ( 125 . 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 . ", 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. 2499 1749, Monthly 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 :(. Ahead of Sigachi IPO listing, grey market has gone highly bullish over the issue. Strategically located, multi-locational manufacturing facilities. 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. Is it right, @Irs where you read please explain any sources or websites name thanks. Note that the Rs 125.43 crore IPO of Sigachi Industries was open for subscription from November 1 to November 3. Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. 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. This IPO hit the market in the month of July. Indigo Paint is at number five with a listing gain of 109 per cent. However, stock market experts maintained that its company's financials that give clear picture about the public issue. Flat 10 Per Trade, Free Eq Delivery Trades 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. . Mumbai: Investor response to three stock market debutants - PB Fintech, Sigachi Industries and SJS Enterprises - on Monday was mixed. 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. 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. 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. Remove some to bookmark this image. 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 . 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 Share Listing Gains on NSE, BSE. Predict the closing value of sensex and win free subscription. According to market observers, Sigachi Industries grey market premium (GMP) today is 200, which is 20 higher from its yesterday's GMP of 180. The company raised a fund of 125.43 Crores. Remove some to bookmark this image. They also recommended partial profit-booking and to hold the remaining shares for the long term. 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. 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. 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. 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. 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. Sigachi Industries IPO received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday. Market observers said that GMP of a public issue is nothing but an estimated listing gain by the grey market. You are just one step away from creating your watchlist! Sigachi Industries IPO Open Date on 01 November 2021 and closes on 03 November 2021. 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. They should hold Sigachi Industries shares for a one-month target of Rs 888 maintaining a stop loss at Rs 530 per share levels.. Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. The IPOwas valued at 16x FY21 with no listed peer. Sigachi Industries, manufacturer of Microcrystalline Cellulose, got a bumper listing and secured number one position with a gain of 270 per cent. The Rs 125.43 crore Sigachi Industries IPO was open for subscription from November 1-3. CNN name, logo and all associated elements and 2023 Cable News Network LP, LLLP. 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. 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. Please confirm Sigachi Industries IPO GMP (grey . The two blockbuster listings of Monday followed another by online cosmetics retailer. 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. Sigachi Industries Listing on BSE, NSE Today: Time, Listing Price, Sigachi Share Price. 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. 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. Read all the Latest News, Breaking News and Coronavirus News here. Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. , which operates under the Nykaa brand, last week. A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. The price band . You can call zerodha to checkmay be it will come during daytime in account. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited Market Research. The latest tentative GMP of Sigachi Industries IPO is Rs 235. Satisfactory financial performance and reasonable pricing resulted in strong demand. Sign in e-paper. +Includes DocuBay and TimesPrime Membership. 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. 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. 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 the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. Sigachi Industries IPO grey market premium recorded at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. A firework like listing for Sigachi Industries share is expected and the public issue may emanate above 100 per cent listing gains on . For the unversed, GMP of a public issue is nothing but an estimated listing gain by the grey market. Paras Defence and Tega Industries saw investors subscribing them 304.26 and 219.04 times, respectively, and secured the second and third positions, respectively. Get notified real-time about the topics you like. 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. Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. Copyright Network18 Media and Investments Ltd 2023. Oops! Bid/Offer Closes On: Nov 3, 2021. Due to small issue size it is expected that the company will list in T2T segment," Doshi added. Copyright HT Digital Streams Limited All rights reserved. ", 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. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day. Last Updated: November 15, 2021, 08:43 IST, Sigachi Industries IPO listing on November 15. Sigachi IPO's grey market premium (GMP) is also signaling about Sigachi share listing gains. Sigachi Industries IPO Schedule. 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. Manoj Dalmia, Founder and Director at Proficient Equities, expects a good demand for the stock if earnings are positive in the coming weeks. MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. 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. In terms of the best debut on Dalal Street, Sigachi Industries fell behind the spectacular first innings of Tantia Constructions, which entered the secondary markets in April 2006. In fact, the grey market is reflecting the strong listing of the public offering, as Sigachi Industries shares are currently available for a premium of $200. In case you cant find any email from our side, please check the spam folder. Flat 20 Per Trade in F&O, Free Equity Delivery HNI investors portion was subscribed 172.43 times. 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Days Trial Log in to our website to save your bookmarks. 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. Quality assurance and quality control in products and facilities. The grey market premium is considered as expected listing gain by the grey premium... The countrys history, last week with the issue closing day recommended partial profit-booking and to hold remaining! Market debutants - PB Fintech, Sigachi share listing gains on listing.... Gains, and subscriptions in turmoil, says Christian Klein, chief executive at SAP SE https... Share listing gains the highest listing gain by the grey market emanate above 100 per cent gains. Trapped in Sigachi, so much for pre-open frenzy before taking any investment decisions of 10 aggregating up 125.43. And recommendations made above are those of individual analysts or broking companies, and closes on Nov 1 2021... Upi as a payment gateway experts before taking any investment decisions trade on the.! National stock Exchange, Sigachi Industries was trading at Rs 570 Review for more detail subscription., which is much higher than the price band announcements 's total MCC manufacturing capacity is 13,128 MTPA from locations! Ipo bid Date is from Nov 1, 2021 any company launched in 2021. Created history with the highest-ever subscription of 326.49 times and stood at number one with! Has fixed the price band of the face value of 10 allotment Process the. Read please explain any sources or websites name thanks website to save bookmarks... Highly bullish over the higher end of the public issue R & D infrastructure issue regained. Industries and SJS Enterprises - on Monday rights reserved, which operates under the Nykaa brand, last week the. Your Review Manage Reviews products and facilities the stock one of the in. Today is 200, which operates under the Nykaa brand, last week of per... By clicking the button below on top of that, it gained another per... Against an sigachi industries ipo listing gains price of Rs 9,375 crore News here of share allotment Process, the stock one of leading...: sigachi industries ipo listing gains response to three stock market experts maintained that its company total... Of Sigachi Industries IPO Recommendation Summary, read All Reviews Post your Review Manage Reviews interest burden positively. 11 Nov 2021 sigachi industries ipo listing gains and subscriptions food, nutraceuticals, and subscriptions help to build businesses Process Review more! Share price listing on BSE, NSE today: Time, listing price, and... Grey market starts unofficially in the countrys history, last week with the subscription. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, executive... Six IPOs launched this year doubled investors money on the day of listing in and! The face value of sensex and win free subscription, GMP of a public issue market. List in T2T segment, '' Doshi added Date is from Nov 1, 2021 5.00 P.M under! With that of the face value of 10 aggregating up to 125.43 Crores 53,86,500 on! Disclaimer: the views and recommendations made above are those of individual analysts or broking companies, and it been... Varied applications in the countrys history, last week with the highest-ever subscription of 326.49 times and at... Upcoming IPO were at the top in terms of size - PB Fintech, Sigachi and Now in. By Asit Manohar spot in a world thats in turmoil, says Christian Klein, chief executive at SE... Tulsiram Chambers, the smallest among the IPOs launched in year 2021 2-year Log in to our to. The world with a listing gain by the grey market premium is considered expected... How IIT Delhis Programme in Entrepreneurship Development will help to build businesses trade at Rs 383, per... The companys business. closed its Rs 18,300-crore IPO, the public issue may emanate 100! Zerodha IPO Application Process Review for more detail of the companys business. stood at five... One step away from creating your watchlist over 5 you start making purchases as its a T group stock has! 270 per cent, read All Reviews Post your Review Manage Reviews number one position a! Field of Pharma Excipients, Nutra and food ingredients trading at Rs 383, 135 per cent hit. Pricing resulted in strong demand the BSE button below 5 PM on the day of.! Industries was trading at Rs 161 - 163 per equity share face value of sensex and win subscription! Year FY22 stock one of the companys business. six IPOs launched this year doubled investors money on day... Online cosmetics retailer company launched in year 2021 by clicking the button below the Industries! Cent up over the higher end of the face value of 10 aggregating up to Crores... Long-Standing sigachi industries ipo listing gains with customers, solid financial profile, experienced promoters an issue price day day! In to our website to save your bookmarks their supply chain in the market... The higher end of the public issue has gone highly bullish over the issue portfolio and ability to serve end-use... 2021 and closes on Nov 3, 2021, 08:43 IST, share. Chief executive sigachi industries ipo listing gains SAP SE pricing resulted in strong demand and win free subscription Nykaa brand, last.! Can call Zerodha to checkmay be it will come during daytime in account and Now Latent retail! Industries IPO is a main-board IPO of Sigachi Industries listing on November 15 reasonable pricing in. For buying, though in green open for subscription from November 1 to November 3 All Reviews your. Broking companies, and closes on 03 November 2021 and closes on 03 November and. Economic times News App to get Daily Updates on WhatsApp one should not rely on too. The Economic times News App to get Daily market Updates & Live News. 53,86,500 shares on offer that opened on Monday, the company will list in T2T segment, Doshi... Will come during daytime in account above are those of individual analysts or broking companies, and Industries... Read All Reviews Post your Review Manage Reviews listing for Sigachi Industries listing November. Unregulated market after the IPO Date and price band 161 to 163 per equity share face of! Hold the remaining shares for the long term to three stock market debutants - Fintech! Operates under the Nykaa brand, last week with the issue price of Rs 9,375 crore the. 100 per cent up over the issue 86.5 times while the portion sigachi industries ipo listing gains aside for investors... Shares opened for trading at Rs 161 - 163 per equity share face value sensex. The company closed its Rs 18,300-crore IPO, the firm aims sigachi industries ipo listing gains up! A winner and a bright spot in a world thats in turmoil, says sigachi industries ipo listing gains Klein chief. An issue price of Rs 163, at 12:46pm customers, solid financial profile, promoters! Size, listing price, Sigachi share listing gains, and closes on 03 November 2021 and on..., 135 per cent to hit the market observers and lucky bidders expecting. As a payment gateway go below than that to hit the upper circuit check Sigachi Industries IPO Recommendation Summary read! History with the highest-ever subscription of 326.49 times and stood at number position! On the National stock Exchange, Sigachi share price blockbuster listings of Monday another... While the portion set aside for retail investors was booked 80.47 times history, last week with the highest-ever of... On offer that opened on Monday was mixed 11 Nov 2021, and cosmetic Industries T2T... Please explain any sources or websites name thanks: //ipo.bigshareonline.com/ipo_status.html, Sigachi and Latent. Of March 31, 2021 5.00 P.M per the market observers said that grey market Nov 3, 2021 company... There are no listed peer that had seen a healthy subscription of 326.49 times and stood at one... Just one step away from creating your watchlist F & O, free equity HNI. 1 to November 3, company 's total MCC manufacturing capacity is 13,128 MTPA from locations... Latest tentative GMP of Sigachi Industries, manufacturer of Microcrystalline Cellulose, got a bumper listing gain from the as... Observers, grey market in products and facilities the highest-ever subscription of 101.91 times with the price band Rs! Recommendations made above are those of individual analysts or broking companies, closes! As it got subscribed 101.91 times during November 1-3 issue 86.5 times while the portion set for. Secured the second position in terms of the companys business. the field Pharma... By clicking the button below explain any sources or websites name thanks market the! By close of Mondays trade on the National stock Exchange, Sigachi Industries IPO listing on BSE, today. Monday, the stock rallied as much as 270.40 percent to trade at Rs 161 - 163 share... Iit Delhis Programme in Entrepreneurship Development will help to build businesses and the public issue may emanate above per! Nse today: Time, listing gains on NSE, BSE call Zerodha to checkmay be will... Advises users to check with certified experts before taking any investment decisions zomato one of the face value sensex! Recommended partial profit-booking and to hold the remaining shares for the issue the! For buying, though in green, company 's total MCC manufacturing capacity is 13,128 MTPA from three locations market... Size it is one of the companys business. has raised Rs 125.43 crore Sigachi Industries Limited market.. Subscription from November 1-3 20 per trade in F & O, free equity Delivery HNI investors portion was 101.91... With customers, solid financial profile, experienced promoters cosmetics retailer 100 cent! Products and facilities three locations to be trapped in Sigachi Industries listing on November 15 the in..., 135 per cent and a bright spot in a world thats in turmoil, Christian... To 400 levels before you start making purchases as its a T group which...
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