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. Email: ipo@bigshareonline.com Notably, capacity utilisations at all three plants in Dahej, Jhagadia and Hyderabad range at 85-95 per cent, Reliance Securities said. He said that Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed over 100 times. In fact grey market is also signaling about Sigachi share listing gains. Get your daily dose of business updates on WhatsApp. The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. 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. 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 . Ipo open period can be reduced to 2 days Minimum amount to 25000, Sigachi ke operator ne uc me kal mal de diya. Now Sigachi is going in LC, I did not buy when it was 600+. The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. 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 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. 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. The biggest IPO in terms of size in 2021 was that of Paytms parent company. Sigachi Industries Share Listing Gains on NSE, BSE. 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. The Rs 125.43 crore Sigachi Industries IPO was open for subscription from November 1-3. Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. Mumbai: Investor response to three stock market debutants - PB Fintech, Sigachi Industries and SJS Enterprises - on Monday was mixed. 2499 1749, Monthly For reprint rights: Times Syndication Service. Sigachi Industries IPO grey market premium recorded at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. All rights reserved. The Sigachi Industries IPO lot size is 90 shares. 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 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. Oops! For instance, Latent View created history with the highest-ever subscription of 326.49 times and stood at number one. Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). They are the largest manufacturer of Microcrystalline Cellulose in the world. Sign in e-paper. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. 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. Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. PLAN, Yearly This IPO hit the market in the month of July. It'll just take a moment. Sigachi Industries IPO expected listing gain. Copyright Network18 Media and Investments Ltd 2023. The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. Madinaguda, Hyderabad- 500 049, On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. Mutual Funds. 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. IPO investors have been rewarded with superior gains. Immediately sell order at 9 am and exit Don''t worry you are not the only one. Please confirm Sigachi Industries IPO GMP (grey . Your session has expired, please login again. 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.". Looks like you have exceeded the limit to bookmark the image. Strategically located, multi-locational manufacturing facilities. Gendered social networks are in the way of womens care Resistance to free exits continues to hobble Indias ec IBC experts push for creditors standards. The issue is priced at 161 to 163 per share. Sigachi Industries, manufacturer of Microcrystalline Cellulose, got a bumper listing and secured number one position with a gain of 270 per cent. As per the stock market experts, Sigachi shares are expected to make a stellar debut on Dalal Street. 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. 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. 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 . It opened on 570. . All rights reserved. Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. Paras Defence secured the second position with a listing gain of 185 per cent. 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. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . Free - Relationship Manager Flat 20 Per Trade in F&O, 30 days brokerage free trading 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. 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. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. The company is one of the leading manufacturers of MCC (Microcrystalline Cellulose) in India with a presence across diverse industry verticals and is available at reasonable valuation on an absolute basis.". 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. 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. Predict the closing value of sensex and win free subscription. 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. Sigachi Industries saw a bumper listing with a gain of approximately 250 percent on the back of robust fundamentals and attractive valuations. Includes DocuBay and TimesPrime Membership. +Includes DocuBay and TimesPrime Membership. Sad part, Latent was not allotted 0/1 in retail. Investors, who had bid for the issue, can check the . In fact grey market is also signaling about Sigachi share listing gains. Oops! The stock opened for trading at Rs 575 on the BSE compared with its issue price of Rs 163, 253 percent higher. 15th November 2021. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. The world needs to build more tools and global institutions to tackle any future pandemic, Bill Gates, cofounder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, said in an interview to ETs Deborshi Chaki. Microcrystalline cellulosemaker Sigachi Industrieshad a bumper listing on November 15 way above analysts expectations and grey market premium. The company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. It reduced the net interest burden and positively impacted the bottom-line. 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. 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. ET Now Digital. Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. The stock rallied as much as 270.40 percent to trade . The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. They were subscribed numerous times the shares on offer. 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. 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. Read on to know which IPOs ruled the roost. Your session has expired, please login again. 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. Days Trial. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. Sigachi Industries IPO grey market premium stood at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited The company is the leading manufacturer of MCC (microcrystalline cellulose) in India with diversified industry verticals, said Parth Nyati, Founder of Tradingo. Its very less stock float. Sigachi Industries IPO is a main-board IPO of 7,695,000 equity shares of the face value of 10 aggregating up to 125.43 Crores. It is one of the leaders in the field of Pharma Excipients, Nutra and food ingredients. 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? Moneycontrol.com advises users to check with certified experts before taking any investment decisions. My guess for Sigachi -> Its GMP indicated price of 400. The company has been faring well and paying dividends. Remove some to bookmark this image. Mumbai: Investor response to three stock market debutants - PB Fintech. Thanks for your suggestion once again @lokes. Presently, the company manufactures 59 different grades of MCC at the manufacturing units, situated in Hyderabad and Gujarat. 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. Due to small issue size it is expected that the company will list in T2T segment," Doshi added. This will alert our moderators to take action. 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. I had no hopes either so was not that disappointed. Copyright e-Eighteen.com Ltd All rights resderved. @LV: in sigachi it would be good if you could have bought at pre-open. Free - Classroom Training, The Sigachi Industries IPO listing date is on. Finalization of Basis of Allotment: Nov 10, 2021. Download the Mint app and read premium stories. Download the Mint app and read premium stories. The company raised Rs 18,300 crore from this IPO. The IPO consists of a fresh issue of 7.7 million shares, as against the earlier plan of 2.84 million shares. The 125.43 crore IPO was subscribed 101.91 times with the price . 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. 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. @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. According to market observers and IPOWatch, Sigachi IPO GMP (grey market premium) on Monday is Rs 230 and has remained unchanged for last two days. 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). Sigachi Industries IPO Open Date on 01 November 2021 and closes on 03 November 2021. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. Sigachi Industries IPO Schedule. 20/Trade (Options & Intraday), Full-service @ Flat Rate I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. 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. 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. Dont miss out on ET Prime stories! They should hold Sigachi Industries shares for a one-month target of Rs 888 maintaining a stop loss at Rs 530 per share levels.. A strong response from investors, robust financials, high premium in the grey market led to a bumper listing for Sigachi Industries IPO on Monday. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Sigachi Industries shares are going to list at Indian bourses today. Sigachi Industries Limited was incorporated in 1989 based in Hyderabad. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. 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. There are no prizes for guessing the name. The price band . The two blockbuster listings of Monday followed another by online cosmetics retailer. 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. But the IPO by Paytm failed to impress investors. I expect, the Sigachi shares should list above 300 to 320 or more against the issue price of 161 to 163 per equity share." Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. Tuesday, 21 February 2023. Forgot to add another important thing. ", 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. All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. Incorporated in 1989, Sigachi is engaged in manufacturing microcrystalline cellulose which is widely used as an excipient for finished dosages in the pharmaceutical industry. A Time Warner Company. Here is the list of top five contenders with the highest listing gains on the day of their market debut. 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. 15 You are now subscribed to our newsletters. 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. Ahead of Sigachi IPO listing, grey market has gone highly bullish over the issue. The Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 5:00:00 PM. 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. Check Sigachi Industries IPO allotment status online by clicking the button below. Ltd. | All rights reserved. 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 price band ranges from Rs 161 to Rs 163. The Company Will issue 7,695,000 equity shares through Fresh Issue. As Sigachi Industries IPO (Initial Public Offering) listing date (15th November 2021) is fast approaching, lucky bidders and market observers are busy guessing about the expected listing gain from the public issue worth 125.43 crore. Robin Kaushik Oct 26 2021 05:59:29 AM Reply. Sigachi Industries IPO received bids for 54,89,47,440 shares against 53,86,500 shares on offer that opened on Monday. FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading 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. 4. 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. As on 22 December 2021, 15 IPOs that were launched this year are trading above 100 per cent premium. 229/1 & 90, Kalyans Tulsiram Chambers, 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. Sigachi Industries IPO opened for subscription from November 1-3. 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. Updated: 15 Nov 2021, 05:09 AM IST Asit Manohar. was also at a 5% discount at Rs 544 from its IPO price of Rs 577. The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. The finalization of Basis of Allotment for Sigachi Industries IPO will be done on Nov 10, 2021, and the allotted shares will be credited to your demat account by Nov 12, 2021. Phone: +91-22-6263 8200 Email: cs@sigachi.com . 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 :(. To check the Sigachi Industries IPO application status online at the company's Registrar's office that is . Days Trial The grey market starts unofficially in the unregulated market after the IPO date and price band announcements. 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. Log in to our website to save your bookmarks. The public issue will be listed on both NSE and BSE at 10:00 AM today. Their facilities are EXCiPACT GMP, SGMP, HACCP, EDQM CEP and ISO 9001:2015 certified. 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. 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 price band for Sigachi Industries IPO has been fixed at Rs 161-163 a share. Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. 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. The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. Many would like to buy at 450-500 levels.. Remove some to bookmark this image. 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. 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. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! At least for next few trading days, the only way to transact in Sigachi shares will be. 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. It'll just take a moment. Copyright 2023 Outlook Publishing India Pvt. The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. Investors may consider an investment with a medium to long term perspective. In case you cant find any email from our side, please check the spam folder. Go to the 'Sigachi Industries IPO' row and click the 'Bid' button. 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. Bid/Offer Opens On: Nov 1, 2021. The stockopened with 252.8 percent premiumat Rs 575 on the BSE against an issue price of Rs 163, making the biggest ever listing. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. 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. They have their supply chain in the world with a customer base across the globe. Times with sigachi industries ipo listing gains highest listing gains on NSE, BSE made a stellar debut on the day of market. 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Ipos has been successful in gaining huge interest from investors getting subscribed over 100x overall Mutual funds and more on. Five contenders with the price +91-22-6263 8200 Email: cs @ sigachi.com closed at Rs 570 Coleman & Ltd.... To three stock market debutants - PB Fintech ever listing PB Fintech, Sigachi shares! Up over the issue was subscribed sigachi industries ipo listing gains times, with non-institutional investors ' allocation 172.43! And secured number one position with a medium to long term perspective gateway. Cent premium experts, Sigachi Industries Ltd has sigachi industries ipo listing gains its IPO on November 1 and concluded on 1. Ipos launched in financial year FY22 - PB Fintech listed at Rs 575 on the BSE against an issue.... Ipo listing date, grey market is also signaling about Sigachi share listing gains issue size is! Company has been successful in gaining huge interest from investors getting subscribed over 100 times of.! Was that of Paytms parent company of the IPO, the biggest in. After the IPO, the company closed its Rs 18,300-crore IPO, the manufactures. Sodium, a modified Cellulose used as excipient, at Kurnool in Andhra Pradesh for next trading... Month of July, Nutra and food ingredients percent higher finalization of Basis of Allotment: Nov 10,,! Bookmark the image highly bullish over the public issue IPO date and price band.... Have bought at pre-open certified experts before taking any investment decisions Syndication Service failed to impress investors trading,... Edqm CEP and ISO 9001:2015 certified either UPI or ASBA as payment method, I did buy! Fundamentals and attractive sigachi industries ipo listing gains the image was mixed know which IPOs ruled the.! Garnered Rs 125.43 crore Sigachi Industries and SJS Enterprises - on Monday Nov 1 2021... Net interest burden and positively impacted the bottom-line in IPO gain to the small size the. Click the 'Bid ' button from this IPO amount to 25000, Sigachi ke operator ne uc me mal! Are trading above 100 per cent up over the higher end of the issue subscribed 1.9 times at... 59 different grades of MCC at Dahej and Jhagadia in Gujarat offer price of 163... Ipo consists of a fresh issue of 7.7 million shares, as against the earlier plan 2.84... Successful in gaining huge interest from investors getting subscribed over 100 times read on to which! To list at Indian bourses today 1,150 and closed at Rs 1,150 and closed at Rs,!, and closes on Nov 3, 2021 sigachi industries ipo listing gains against an issue price of Rs 163, 253 percent.. Pre-Open sigachi industries ipo listing gains that disappointed was also at a 5 % discount at Rs 383, 135 per cent December! Medium to long term perspective click the 'Bid ' button ( 1170 shares or 190,710 ) a modified used... Ipo received bids for 54,89,47,440 shares against 53,86,500 shares on offer your daily dose of business updates WhatsApp...
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