Sigachi Industries IPO Subscription Status {Live Data – Day 1}
Written by Lucky Wilson | KGTO Writer on November 1, 2021
Sigachi Industries IPO subscription to start out from November 01, Monday. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO subscription will shut on November 03, 2021, Wednesday. The corporate to boost ₹125 crores by way of IPO at a worth band of ₹161 to ₹163. The minimal bid for the IPO is 90 shares that price ₹14,670 for l lot. The gray market goes robust above ₹100 and the demand is on the next aspect.
The Hyderabad primarily based Sigachi Industries Restricted is likely one of the chief within the area of Pharma Excipients, Nutra and meals components. They’re one of many largest producer and provider of Microcrystalline Cellulose on the earth. The corporate reported ₹196 crores of revenues in 2021 in opposition to ₹144 crores in 2020. The PAT was stood at ₹30.26 crores in 2021 in comparison with PAT of ₹20.32 crores in 2020. Please examine the Sigachi Industries IPO particulars over right here.
IPOWatch View
Sigachi Industries IPO Subscription Standing (Stay Knowledge)
(Day 1 – Until 11:30)
The Sigachi Industries IPO subscribed 3.14x on day 1. The subscription includes Certified Institutional Purchaser (QIB) 0.00x, Non-institutional Bidders (NII) 0.32x and Retail (RII) 6.15x.
| Class | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.00x | 0.00x |
| NII | 0.32x | 0.00x | 0.00x |
| RII | 6.15x | 0.00x | 0.00x |
| EMP | 0.00x | 0.00x | 0.00x |
| Complete | 3.14x | 0.00x | 0.00x |
Sigachi Industries IPO Date & Worth Band
| IPO Open: | 01 November 2021 |
| IPO Shut: | 03 November 2021 |
| IPO Dimension: | Approx ₹125 Crores |
| Contemporary Challenge: | Approx 7,695,00Zero Fairness Shares |
| Supply for Sale: | Approx N/A |
| Face Worth: | ₹10 Per Fairness Share |
| Worth Band: | ₹161 to ₹163 Per Share |
| Itemizing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Low cost: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Sigachi Industries IPO Market Lot
| Minimal Lot Dimension: | Minimal 90 Shares for 1 lot |
| Minimal Quantity: | ₹14,670 for 1 lot |
| Most Lot Dimension: | Most 1170 Shares for 13 lot |
| Most Quantity: | ₹190,710 for 13 lot |
Sigachi Industries IPO Date, Time Desk, Allotment & Itemizing
| Worth Band Announcement: | 26 October 2021 |
| Anchor Buyers Allotment: | 29 October 2021 |
| IPO Open Date: | 01 November 2021 |
| IPO Shut Date: | 03 November 2021 |
| Foundation of Allotment: | 10 November 2021 |
| Refunds: | 11 November 2021 |
| Credit score to Demat Account: | 12 November 2021 |
| IPO Itemizing Date: | 15 November 2021 |
Sigachi Industries IPO Subscription FAQs:
The IPO subscription begins on November 01, 2021 for QIB, NII, and Retail Buyers.
The IPO subscribed 0.00x occasions on day 1.
The RII subscription is 0.00x on day 1.
You’ll be able to go together with ASBA and Non ASBA possibility for subscription. Go to your checking account and apply IPO on-line by way of ASBA or obtain type on-line or get the bodily type and submit the stuffed type to your dealer or financial institution.
Methods to Apply the Sigachi Industries IPO via Zerodha?
Methods to Apply the Sigachi Industries IPO via Upstox?
One can go to our portal for reside IPO subscription numbers that we’re updating hourly foundation from the official web site NSE and BSE web site. One can examine the reside subscription on BSE or NSE web site on the actual IPO web page.
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