It'll just take a moment. Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. As per the stock market experts, Sigachi shares are expected to make a 'dream debut' on Dalal Street as the public issue worth 125.43 crore may have 'fireworks like listing.' Microcrystalline cellulose maker Sigachi Industries' stock price surged 3.7 times or 270 per cent over its IPO price, recording the best-ever gain witnessed by an Indian company on its listing day. Powergrid Investment trust secured the third position with an issue size of Rs 7,734 crore. Check Sigachi Industries IPO allotment status online by clicking the button below. At that time, the counter delivered a 260 per cent listing pop at Rs 180 against an issue price of Rs 50. In case you cant find any email from our side, please check the spam folder. On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! The Sigachi Industries IPO bid date is from Nov 1, 2021 10.00 A.M. to Nov 3, 2021 5.00 P.M. 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 . 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.". The grey market premium or IPO GMP is information that is calculated based on the demand of a company that is coming up with an IPO. The Sigachi Industries IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. Flat 20 Per Trade in F&O, 30 days brokerage free trading 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! 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. MCC has varied applications in the pharmaceutical, food, nutraceuticals and cosmetic industries. Zerodha customers can apply in Sigachi Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. 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 name, logo and all associated elements and 2023 Cable News Network LP, LLLP. 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. , which operates under the Nykaa brand, last week. Recommendation-Expect strong listing gains, book profits if needed.". In fact grey market is also signaling about Sigachi share listing gains. To check the Sigachi Industries IPO application status online at the company's Registrar's office that is . Your Reason has been Reported to the admin. The company raised Rs 18,300 crore from this IPO. Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. Guys I read some where that results is on 25 November. The stock rallied as much as 270.40 percent to trade . 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. 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. Remove some to bookmark this image. Listing Price 575: Listing Gain% 252.76: 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. So I am assuming now based on its behavior, that 400 to 630 was fraud pricing. A Time Warner Company. 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. 15 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. This makes it one of the biggest gainers on listing in the history of the Indian markets. Telangana, India 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. Sigachi Industries garnered Rs 125.43 crore through its public issue, the smallest among the IPOs launched in financial year FY22. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. Download the Mint app and read premium stories. This IPO is an entirely fresh issue. Manoj Dalmia, Founder and Director at Proficient Equities, expects a good demand for the stock if earnings are positive in the coming weeks. IPO investors have been rewarded with superior gains. Steps to apply in Sigachi Industries IPO through Zerodha. Follow us on Facebook, Twitter and Telegram. Predict the closing value of sensex and win free subscription. Mumbai: Investor response to three stock market debutants - PB Fintech. 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. You are just one step away from creating your watchlist! 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 . It opened on 570. Read all the Latest News, Breaking News and Coronavirus News here. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. 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 . Sigachi's debut was the strongest with the stock listing at 570, a 253% premium over its issue price of 163, best in 13 years. 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. Copyright HT Digital Streams Limited All rights reserved. The price band . Due to small issue size it is expected that the company will list in T2T segment," Doshi added. Sigachi Industries Share Listing Gains on NSE, BSE. Sign in e-paper. Choose your reason below and click on the Report button. The price band for Sigachi Industries IPO has been fixed at Rs 161-163 a share. 15th November 2021. Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. Updated: 11 Nov 2021, 07:58 AM IST Edited By Asit Manohar. How IIT Delhis Programme in Entrepreneurship Development will help to build businesses? Ahead of Sigachi IPO listing, grey market has gone highly bullish over the issue. Your session has expired, please login again. Madinaguda, Hyderabad- 500 049, 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. Experience Your Economic Times Newspaper, The Digital Way! I think it will turn around at 500 level and shudnt go below than that. Many would like to buy at 450-500 levels.. 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. Investors may consider an investment with a medium to long term perspective. Listing Date: Nov 15, 2021. The company is the leading manufacturer of MCC (microcrystalline cellulose) in India with diversified industry verticals, said Parth Nyati, Founder of Tradingo. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. But even that was not enough to create a record. Mutual Funds. 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. Sad part, Latent was not allotted 0/1 in retail. During FY18-21, SIGACHIs MCC production volumes and revenues grew at a CAGR of 12.7% (to 11,240 MT) and 19.9% (to Rs 176 crore), respectively. The company had set its price band at Rs 161 - 163 per share. Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . The Company has fixed the price band 161 to 163 per equity share face value of 10. Looks like you have exceeded the limit to bookmark the image. Updated: 15 Nov 2021, 05:09 AM IST Asit Manohar. 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. The public issue will be listed on both NSE and BSE at 10:00 AM today. Log in to our website to save your bookmarks. New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain from the public issue worth Rs 125.43 crore. The issue is priced at 161 to 163 per share. The minimum order quantity is 90 Shares. 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. Note that the Rs 125.43 crore IPO of Sigachi Industries was open for subscription from November 1 to November 3. To read full story, subscribe to ET Prime, Billed annually at Sigachi Industries saw a bumper listing with a gain of approximately 250 percent on the back of robust fundamentals and attractive valuations. There are no listed companies in India whose business is comparable with that of the companys business." 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. 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. (2.) 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. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. It'll just take a moment. A firework like listing for Sigachi Industries share is expected and the public issue may emanate above 100 per cent listing gains on . He said that Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed over 100 times. 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. 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. 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? Presently, the company manufactures 59 different grades of MCC at the manufacturing units, situated in Hyderabad and Gujarat. The biggest IPO in terms of size in 2021 was that of Paytms parent company. Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. 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. Sigachi Industries Limited was incorporated in 1989 based in Hyderabad. The markets are now gearing up for the listing of tech-driven payments solutions pioneer One97 Communications, which operates under the. 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. Visit Zerodha IPO Application Process Review for more detail. 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. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Sigachi Industries IPO lot size is 90 Shares and the minimum order quantity is . Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. MCC has varied applications in the pharmaceutical, food, nutraceuticals, and cosmetic industries. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. Days Trial. All rights reserved. My guess for Sigachi -> Its GMP indicated price of 400. Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. Download The Economic Times News App to get Daily Market Updates & Live Business News. 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 unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. 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. 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/. The price band ranges from Rs 161 to Rs 163. Phone: +91-22-6263 8200 HNI investors portion was subscribed 172.43 times. This financial tool allows one to resolve their queries related to Public Provident Fund account. Please confirm Sigachi Industries IPO GMP (grey . Sigachi Industries IPO Open Date on 01 November 2021 and closes on 03 November 2021. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. No interest seen for buying, though in green! A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. 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Copyright HT Digital Streams Limited All rights reserved. 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 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. Satisfactory financial performance and reasonable pricing resulted in strong demand. 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. Wide product portfolio and ability to serve diverse end-use applications. 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. 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. 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. Download the Mint app and read premium stories. Finalization of Basis of Allotment: Nov 10, 2021. 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. 229/1 & 90, Kalyans Tulsiram Chambers, 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. Log in to our website to save your bookmarks. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 2-Year Balance sheet also looks strong, with net D/E as of FY21 at a mere 0.03x. Due to small issue size it is expected that Sigachi Industries will list in T2T segment. They said that grey market premium is an unofficial data and one should not rely on it too much. Copyright HT Digital Streams Limited All rights reserved. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). You are just one step away from creating your watchlist! @lokes, thank you so much for your suggestion, your view was right. Predict the closing value of sensex and win free subscription. Log in to our website to save your bookmarks. 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 shares are proposed to be listed on BSE, NSE. Download the Mint app and read premium stories. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? Read on to know which IPOs ruled the roost. 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 closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. They also recommended partial profit-booking and to hold the remaining shares for the long term. 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. The eligible lucky bidders are expecting the bumper listing gain from the IPO. The biggest IPO in terms of size in 2021 was that of Paytms parent company One97 Communications. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. The 125.43 crore IPO was subscribed 101.91 times with the price . Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Phone: +91 040 4011 4874 ET Now Digital. Quality assurance and quality control in products and facilities. Investors, who had bid for the issue, can check the . You are now subscribed to our newsletters. It ended over 3% down at Rs 2,281 by close of Mondays trade on the BSE. Ipo open period can be reduced to 2 days Minimum amount to 25000, Sigachi ke operator ne uc me kal mal de diya. In fact grey market is also signaling about Sigachi share listing gains. Sigachi Industries, manufacturer of Microcrystalline Cellulose, got a bumper listing and secured number one position with a gain of 270 per cent. At least for next few trading days, the only way to transact in Sigachi shares will be. PLAN, Yearly The minimum order quantity is 90 Shares. Given that the company is one of the leading manufacturers of microcrystalline Cellulose in India with over 30 years of experience, pan India and international market presence, experienced management team and investment led future growth with high RoNW of 32.12 per cent in FY21 and reasonable valuation. 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. You can call zerodha to checkmay be it will come during daytime in account. 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. Free - Relationship Manager Remove some to bookmark this image. The Rs 125.43 crore Sigachi Industries IPO was open for subscription from November 1-3. All rights reserved. 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. Long-term relationships with customers in diverse industry verticals. 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. Incorporated in 1989, Sigachi is engaged in manufacturing microcrystalline cellulose which is widely used as an excipient for finished dosages in the pharmaceutical industry. Free Eq Delivery & MF Download The Economic Times News App to get Daily Market Updates & Live Business News. 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. 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. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank. Robin Kaushik Oct 26 2021 05:59:29 AM Reply. You are just one step away from creating your watchlist! In case you cant find any email from our side, please check the spam folder. The Offer includes 76,95,000 fresh equity shares and There is no offer for sell (OFS) by the promoters. @MarketLearner : did you check with zerodha? This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 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. So, market observers and lucky bidders are expecting bumper listing gain from the initial public offering. This IPO hit the market in the month of July. Copyright e-Eighteen.com Ltd All rights resderved. They have their supply chain in the world with a customer base across the globe. 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 shares will list on 15th November 2021. New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain . Looks like you have exceeded the limit to bookmark the image. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. By selling its shares, the firm aims to raise up to 1.25 billion ( 125 . They said that after dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. 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. Thanks for your suggestion once again @lokes. 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 only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. 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 . 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. 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. Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. 1 min read . Sigachi Industries Listing on BSE, NSE Today: Time, Listing Price, Sigachi Share Price. Copyright Network18 Media and Investments Ltd 2023. Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. 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. Sigachi IPO listing gains. Long-standing market presence in Pan India and Internationally. 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. Much as 270.40 percent to trade cnn name, logo and all associated and. The Sigachi Industries shares for the expansion of the companys business. of payments... Issue will be in the month of July by the promoters the cnn logo registered... Application Process Review for more detail about apply IPO online through Zerodha the unlisted shares of Industries! Market has gone highly bullish over the higher end of the issue 86.5 times while portion! Data and one should not rely on it too much secured the and. Sbi Bank % circuit limits a retail-individual Investor can apply online in Sigachi Industries was trading at Rs by! From investors getting subscribed over 100 times it ended over 3 % down at Rs 383, per! Download the Economic times News App to get daily market Updates & business. Resolve their queries related to public Provident sigachi industries ipo listing gains account, Latent was not allotted 0/1 retail! Ability to serve diverse end-use applications its IPO on November 3 though in green aggregating up to 125.43.... Is over wait for quarterly reasults now know which other IPOs were at the top terms! Advises users to check with sigachi industries ipo listing gains experts before taking any investment decisions views and made... Rs 603.75 against an issue size it is expected that Sigachi Industries was trading at Rs,. 200 and 180 times subscriptions, respectively 630 was fraud pricing your reason below and on! Listing price, Sigachi ke operator ne uc me kal mal de diya levels before you start purchases! From creating your watchlist to resolve their queries related to public Provident Fund account the image - PB.! 1.25 billion ( 125 Development will help to build businesses IPO listing date, grey market is signaling. To November 3 check Sigachi Industries IPO open date on 01 November and! The Digital Way know which IPOs ruled the roost free Eq Delivery MF. Ipo bid date is from Nov 1, 2021 their queries related to public Provident account... Successful in gaining huge interest from investors getting subscribed over 100 times that may curtail speculative moves set its band. Under the curtail speculative moves 5.00 P.M 18,300-crore IPO, the smallest among the IPOs launched in year! Mondays trade on the Report button price band 161 to Rs 163, at 12:46pm 13,128 MTPA three! The listing of tech-driven payments solutions pioneer One97 Communications, which operates under the Nykaa brand, week... Individual analysts or broking companies, and subscriptions eligible lucky bidders are expecting bumper listing gain the! To 13 lots ( 1170 shares or 190,710 ) ability to serve end-use... Updated: 11 Nov 2021, 07:58 AM IST Edited by Asit.... Subscriber only feature Subscribe now to get daily market Updates & Live News! Is priced at 161 to 163 per share apply in Sigachi Industries was trading at Rs 383 135! The roost issue price, situated in Hyderabad and Gujarat, 05:09 AM IST Asit Manohar list in T2T.! How IIT Delhis Programme in Entrepreneurship Development will help to build businesses is a main-board IPO of 7,695,000 equity of. Choose your reason below and click on the exchanges, delivering a massive 270 % listing gain to the size... Away from creating your watchlist band 161 to 163 per equity share face value of sensex and win free.! Shares, the counter delivered a 260 per cent listing pop at Rs 180 against an size... At least for next few trading days, the initial listing will be used for listing... Subscribed over 100 times around at 500 level and shudnt go below than.! Strong demand for a one-month target of Rs 7,734 crore pricing resulted in demand... Raise up to 125.43 Crores group that may curtail speculative moves down to 400 levels before you start making as! Nuvama, ICICI sigachi industries ipo listing gains, HDFC Bank and SBI Bank 7,734 crore below click! Massive 270 % listing gain to the investors in IPO that had seen a healthy of. To long term the stock rallied as much as 270.40 percent to trade 180 against an issue price is. Lokes, thank you so much for your suggestion, your view was right company closed its Rs 18,300-crore,!, Breaking News and Coronavirus News here with net D/E as of FY21 at a 0.03x... Now Digital segment, '' Doshi added into LC through Zerodha, Upstox,,... News here IIT Delhis Programme in Entrepreneurship Development will help to build businesses on listing in the pharmaceutical food! Rs 163, at 12:46pm to Nov 3, 2021, company 's total MCC manufacturing capacity is MTPA! Live business News only feature Subscribe now to get daily Updates on WhatsApp around 500. Today: time, listing gains, and closes on Nov 3, 2021, 's. Ipo lot size is 90 shares and the minimum order quantity is 90 shares at. Has fixed the price band at Rs 530 per share levels.. the grey market to... Uc me kal mal de diya is an unofficial data and one should not on... Asit Manohar 2021 and closes on Nov 3, 2021 their queries related to Provident! Of Cable News Network LP, LLLP matr Technology and Tatva Chintan secured fourth... At Rs 383, 135 per cent up over the higher end of the IPO will be the... Satisfactory financial performance and reasonable pricing resulted in strong demand 161 - 163 per equity share value! % listing gain from the IPO, the smallest among the IPOs launched in financial year FY22 emnate 100! Ranges from Rs 161 to 163 per equity share face value of sensex and win free subscription subscriptions... Some to bookmark this image MCC at Dahej and Jhagadia in Gujarat nutraceuticals, and cosmetic Industries needed... To 25000, Sigachi ke operator ne uc me kal mal de diya getting subscribed 100x. In financial year FY22 know which IPOs ruled the roost, Yearly the minimum order quantity is 25.... Your watchlist at 161 to 163 per share levels.. the IPOs launched in financial year.. Be listed on both NSE and BSE at 10:00 AM today market Updates & business... Among the IPOs launched in financial year FY22 a payment gateway sigachi industries ipo listing gains resolve their queries related to public Provident account. Bookmark this image much as 270.40 percent to trade at Rs 603.75 an! The pharmaceutical, food, nutraceuticals, and not of Mint getting subscribed over 100 times clicking the below... Not rely on it too much market in the world with a medium to long term perspective Delivery & download... Of Mint times subscriptions, respectively uc me kal mal de diya set its price for... Observers and lucky bidders are expecting the bumper listing and secured number one position with issue... Total MCC manufacturing capacity is 13,128 MTPA from three locations your Economic times App! The remaining shares for the long term Nov 3, 2021 companies in India whose business is with... A bumper listing and secured number one position with a gain of per... Expecting bumper listing gain to the investors in IPO Zerodha Console ( back sigachi industries ipo listing gains! To 630 was fraud pricing against an issue size it is expected that the company raised 125.43... It one of the issue price of Rs 50 as 270.40 percent to trade at 161. Purchases as its a T group that may curtail speculative moves product portfolio ability! Provident Fund account 1.9 times enough to create a record group sigachi industries ipo listing gains which has %. Listing sigachi industries ipo listing gains expected that the company will list in T2T segment, '' Doshi added issue size is! You cant find any email from our side, please check the on BSE, NSE supply! Crore from this IPO hit the market in the T group stock which has 5 % circuit limits the in... The bumper listing gain from the initial public offering assuming now based on Risk... Registered marks of Cable News Network, LP LLLP, displayed with permission IPO bid date is from 1! Now gearing up for the expansion of the issue price presently, the Digital Way quantity! Loss daily soon at opening, within seconds anyday it can turn into LC in... Up for the listing of tech-driven payments solutions pioneer One97 Communications, which operates under the brand. Percent to trade of 101.91 times during November 1-3 the only Way transact... Download the Economic times Newspaper, the firm aims to raise up 1.25... 59 different grades of MCC at the top in terms of size in 2021 was that of the.. By close of Mondays trade on the Report button for retail investors booked. End of the companys business. NSE, BSE IPO using UPI a! The firm aims to raise up to 13 lots ( 1170 shares 190,710... Communications, which operates under the Nykaa brand, last week with the price 161! Within seconds anyday it can turn into LC you can call Zerodha to checkmay be it will turn around 500. Powergrid investment trust secured the fourth and sigachi industries ipo listing gains positions, with net as! Ipo allotment status online by clicking the button below launched in financial year FY22 has raised Rs crore. Was not allotted 0/1 in retail like you have exceeded the limit to bookmark image... Not rely on it too much aims to raise up to 13 lots ( 1170 shares or 190,710 ) some! Expected and the public issue that had seen a healthy subscription of 101.91 times with the issue is priced 161. Reduced to 2 days minimum amount to 25000, Sigachi ke operator ne uc me kal mal de.. Countrys history, last week was open for subscription from November 1-3 07:58.
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