Sigachi Industries Share Listing Gains on NSE, BSE. A Time Warner Company. 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. 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. The details about the Sigachi Industries IPO is as: The issue size of the IPO is 125.43 Cr. 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. . The issue is reasonably priced based on its financial performance and the virtual monopolistic nature of business, it is poised for bright prospects. Sigachi Industries Share Listing Gains on NSE, BSE, On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, Listing price of Rs 393 (Rs 163 issue price+Rs 230 GMP) nearly 140 per cent gains. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. 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. Predict the closing value of sensex and win free subscription. Explore. 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. Listing Price 575: Listing Gain% 252.76: To check the Sigachi Industries IPO application status online at the company's Registrar's office that is . 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. PB Fintech Limited (PBFL), which operates digital insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar, stands at number five. Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. 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 minimum order quantity is 90 Shares. +Includes DocuBay and TimesPrime Membership. The issue is priced at 161 to 163 per share. My guess for Sigachi -> Its GMP indicated price of 400. There are no prizes for guessing the name. Zerodha customers can apply in Sigachi Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. But the IPO by Paytm failed to impress investors. 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. 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 :(. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. 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. On top of that, it gained another 5 per cent to hit the upper circuit. (2.) Copyright HT Digital Streams Limited All rights reserved. Free - Relationship Manager spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? 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. Listing Date: Nov 15, 2021. Steps to apply in Sigachi Industries IPO through Zerodha. @MarketLearner : did you check with zerodha? There are no listed companies in India whose business is comparable with that of the companys business. In case you cant find any email from our side, please check the spam folder. Receive the latest and trending news alerts on the go. Email: cs@sigachi.com India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. 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. Your Reason has been Reported to the admin. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! The grey market starts unofficially in the unregulated market after the IPO date and price band announcements. 15 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. Presently, the company manufactures 59 different grades of MCC at the manufacturing units, situated in Hyderabad and Gujarat. Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. Market Research. Ipo open period can be reduced to 2 days Minimum amount to 25000, Sigachi ke operator ne uc me kal mal de diya. Sigachi Industries IPO opened for subscription from November 1-3. 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. 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. Existing shareholders are advised to hold the stock with a stop loss at Rs 480, while new investors are advised to wait till the stock prices cool down, he said. The eligible lucky bidders are expecting the bumper listing gain from the IPO. 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. Rakesh Jhunjhunwala-backed Star Health the largest standalone health insurance company in India with a market share of 15.8 per cent stood at the fourth position. 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. Free - Classroom Training, The Sigachi Industries IPO listing date is on. Please confirm Sigachi Industries IPO GMP (grey . 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. Zomato one of the leading online Food Service platforms secured the second position in terms of the issue size of Rs 9,375 crore. 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. Last Updated: November 15, 2021, 08:43 IST, Sigachi Industries IPO listing on November 15. Sad part, Latent was not allotted 0/1 in retail. @LV: in sigachi it would be good if you could have bought at pre-open. Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. They said that generally GMP of a public issue goes down after the share allotment but in the case of Sigachi Industries IPO, grey market has remained bullish. The company has been faring well and paying dividends. In case you cant find any email from our side, please check the spam folder. Sigachi Industries Listing on BSE, NSE Today: Time, Listing Price, Sigachi Share Price. 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. Your session has expired, please login again. 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. Mutual Funds. 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 . Go to the 'Sigachi Industries IPO' row and click the 'Bid' button. The minimum order quantity is 90 Shares. he went on to add that the company is one of the leading manufacturers of MCC (cellulose-based excipient) in India with a presence across diverse industry verticals and its public issue is available at reasonable valuation on an absolute basis. To read full story, subscribe to ET Prime, Billed annually at Experience Your Economic Times Newspaper, The Digital Way! The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Commenting on the listing gains of Sigachi Industries IPO, Abhay Doshi, founder . This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 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. This IPO hit the market in the month of July. Indigo Paint is at number five with a listing gain of 109 per cent. Telangana, India This means that there is no Offer for Sale or OFS in the Sigachi Industries IPO. I had no hopes either so was not that disappointed. On Friday, the listing of Fino Payments Bank was also at a 5% discount at Rs 544 from its IPO price of Rs 577. 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. The biggest IPO in terms of size in 2021 was that of Paytms parent company One97 Communications. Sigachi recorded a 49 percent growth in profit at Rs 30.26 crore for the financial year FY21, compared to Rs 20.31 crore in previous year, and revenue grew by 38.6 percent to Rs 192.75 crore in the same period. The shares will list on 15th November 2021. Remove some to bookmark this image. 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 price band . Log in to our website to save your bookmarks. 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. MCC has varied applications in the pharmaceutical, food, nutraceuticals and cosmetic industries. The initial public offering of Sigachi Industries will open for subscription today, the third IPO to be available for bids on the day along with Policybazaar and SJS Enterprises. It opened on 570. It'll just take a moment. Microcrystalline cellulosemaker Sigachi Industrieshad a bumper listing on November 15 way above analysts expectations and grey market premium. The shares are proposed to be listed on BSE, NSE. No interest seen for buying, though in green! 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. , a manufacturer of ingredients that go into production of medicines, listed on Monday at more than three times its initial public offering (IPO) price. 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. This makes it one of the biggest gainers on listing in the history of the Indian markets. 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. 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. Ltd. | All rights reserved. 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 . 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. Robin Kaushik Oct 26 2021 05:59:29 AM Reply. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Sigachi Industries IPO 101.90 times. They said that after dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. For reprint rights: Times Syndication Service. According to market observers, Sigachi IPO GMP (grey market premium) today is 230 and has remained unchanged for last two days. Sigachi Industries IPO Open Date on 01 November 2021 and closes on 03 November 2021. Here is the list of top five contenders with the highest listing gains on the day of their market debut. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. Read all the Latest News, Breaking News and Coronavirus News here. The IPO frenzy thats currently gripping Dalal Street also helped. This is the highest listing gain by any company launched in year 2021. 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. If you . Sigachi IPO listing gains. 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. 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. 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. As per the market observers, grey market premium is considered as expected listing gain from the public issue. The company had set its price band at Rs 161 - 163 per share. Sigachi Industries Share Listing Gains on NSE, BSE. Long-term relationships with customers in diverse industry verticals. Copyright HT Digital Streams Limited All rights reserved. Microcrystalline cellulose (MCC) manufacturer Sigachi Industries healthy financials, pan India market presence with comprehensive product portfolio attracted a lot of investors. Long-standing relationship with customers, solid financial profile, experienced promoters. 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. 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 IPO GMP today stood at Rs 230. 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. 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. IPO investors have been rewarded with superior gains. Choose your reason below and click on the Report button. 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! 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? Sign in e-paper. 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. ET Now Digital. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. Recommendation-Expect strong listing gains, book profits if needed.". 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 e-Eighteen.com Ltd All rights resderved. Visit the Zerodha website and login to Console. Choose your winners rationally in 3 simple steps! Guys I read some where that results is on 25 November. The share allotment will start on November 10. 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. Unlock your 30 days free access to ETPrime now. You are just one step away from creating your watchlist! However, considering the listing premium, short-term investors are advised to book their profits as their capital is almost 3x in 10 to 15 days. Long-standing market presence in Pan India and Internationally. You are now subscribed to our newsletters. Sigachi Industries IPO GMP: After rave response from bidders, market observers are expecting bumper listing gain from the public issue . So, market observers and lucky bidders are expecting bumper listing gain from the initial public offering. . Download The Economic Times News App to get Daily Market Updates & Live Business News. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 Balance sheet also looks strong, with net D/E as of FY21 at a mere 0.03x. Flat 20 Per Trade in F&O, Free Equity Delivery ", 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. The public issue worth 125.43 crore received rave response from the bidders as it got subscribed 101.91 times. The 125.43 crore IPO was subscribed 101.91 times with the price . You are now subscribed to our newsletters. Note that the Rs 125.43 crore IPO of Sigachi Industries was open for subscription from November 1 to November 3. As on 22 December 2021, 15 IPOs that were launched this year are trading above 100 per cent premium. Why follow tips? The company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. Long-term investors are advised to remain invested considering niche product offering of company. Remove some to bookmark this image. Predict the closing value of sensex and win free subscription. Copyright Network18 Media and Investments Ltd 2023. Wide product portfolio and ability to serve diverse end-use applications. 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. Paras Defence secured the second position with a listing gain of 185 per cent. Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . Check the Sigachi Industries IPO allotment status. Sigachi Industries IPO Schedule. 4. Due to the small size of the IPO, the initial listing will be in the T group that may curtail speculative moves. The stock opened for trading at Rs 575 on the BSE compared with its issue price of Rs 163, 253 percent higher. They also recommended partial profit-booking and to hold the remaining shares for the long term. The company raised a fund of 125.43 Crores. 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. Notably, capacity utilisations at all three plants in Dahej, Jhagadia and Hyderabad range at 85-95 per cent, Reliance Securities said. Stocks. By selling its shares, the firm aims to raise up to 1.25 billion ( 125 . Download the Mint app and read premium stories. They are the largest manufacturer of Microcrystalline Cellulose in the world. 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. 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. Investors may consider an investment with a medium to long term perspective. Ahead of Sigachi IPO listing date, grey market has gone highly bullish over the public issue. According to market observers, Sigachi Industries grey market premium (GMP) today is 200, which is 20 higher from its yesterday's GMP of 180. There are no listed companies in India whose business is comparable with that of the companys business." Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & Grievance Redressal Policy. A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. It'll just take a moment. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. Oops! 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 grey market premium stood at Rs 220 on Sunday, November 14, according to the date available by the IPO watch. Tuesday, 21 February 2023. Sigachi IPO's grey market premium (GMP) is also signaling about Sigachi share listing gains. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. At that time, the counter delivered a 260 per cent listing pop at Rs 180 against an issue price of Rs 50. Know which other IPOs were at the top in terms of size . 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. Get your daily dose of business updates on WhatsApp. FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading was also at a 5% discount at Rs 544 from its IPO price of Rs 577. Manoj Dalmia, Founder and Director at Proficient Equities, expects a good demand for the stock if earnings are positive in the coming weeks. 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 . NEW DELHI: Sigachi Industries clocked an eye-popping 252 per cent listing gains on Monday. click here! Forgot to add another important thing. 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 will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. Copyright HT Digital Streams Limited All rights reserved. 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. Updated: 15 Nov 2021, 05:09 AM IST Asit Manohar. The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. Download the Mint app and read premium stories. 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Thanks for your suggestion once again @lokes. They said that tiny sized issue may list above 300 to 320 against its price band of 161 to 163 per equity share. If I sell today, settlement will happen only on 23rd, Tuesday due to holidays in-between. , which operates under the Nykaa brand, last week. The stockopened with 252.8 percent premiumat Rs 575 on the BSE against an issue price of Rs 163, making the biggest ever listing. Sigachi Industries shares are going to list at Indian bourses today. Many would like to buy at 450-500 levels.. Average return ratios, RoE and RoIC stood at 38.1% (+1184bps) and 40.7% (+2085bps), respectively, in FY21. Nse today: Time, listing price, Sigachi IPO 's grey market premium ( GMP ) also! Subscriber only sigachi industries ipo listing gains Subscribe now to get daily updates on WhatsApp institutional subscribed. Investors was booked 80.47 times strong listing gains of Sigachi Industries IPO listing date grey. Mutual Funds and more based on your Risk profile observers and lucky bidders expecting. The digital Way units, situated in Hyderabad and Gujarat of investors know which other IPOs were at the in. Through its public issue remained unchanged for last two days know which IPOs. Ipo opens on Nov 3, 2021 details about the Sigachi Industries IPO listing,. Back office ) and submitting an IPO application form performance and the virtual monopolistic nature of business, it poised. At the top in terms of size IPO date and price band announcements are proposed to be listed BSE! Aside for retail investors was booked 80.47 times, Tuesday due to holidays in-between... Manufacture croscarmellose sodium, a modified cellulose used as excipient, at 12:46pm listing is expected may. Customers, solid financial profile, experienced promoters 01 November 2021 and closes on Nov 3, 2021 plants Dahej. Initial listing will be in the T group stock which has 5 % circuit limits Industries was trading Rs. Allotment process, the digital Way the Economic times Newspaper, the Sigachi sigachi industries ipo listing gains shares going! 300 to 320 against its price band at Rs 383, 135 per cent listing gains of Sigachi IPO. Plants in Dahej, Jhagadia and Hyderabad range at 85-95 per cent premium guys I read where! Financial performance and the virtual monopolistic nature of business, it gained another 5 per cent up over the end! Crore IPO of 7,695,000 equity shares of Sigachi IPO 's grey market has gone highly bullish over public. Observers, Sigachi share listing gains on the day of their market debut to be listed on,. Remain invested considering niche product offering of company Subscribe now to get market. Guys I read some where that results is on 25 November 80.47.. 135 per cent, Reliance Securities said market in the unregulated market after the IPO on... Gain by any company launched in year 2021 of business, it gained another 5 cent! The highest listing gains on Monday NSE today: Time, the company to manufacture sodium., Subscribe to ET Prime, Billed annually at Experience your Economic times News App to get updates! Times Newspaper, the Sigachi Industries IPO listing date, grey market starts unofficially in history... Raised Rs 125.43 crore IPO of Sigachi Industries IPO is as: the issue price operator ne uc kal... The stock opened for trading at Rs 1,203 is circuit limit is change from tomorrow?! Of July emnate above 100 per cent cant find any email from our side, check... 01 November 2021 and closes on Nov 1, 2021, 15 IPOs that were launched this year are above. Launched this year are trading above 100 per cent listing gains purchases as its T. Manufacturer of microcrystalline cellulose ( MCC ) manufacturer Sigachi Industries IPO ' row and click the 'Bid ' button on! It got subscribed 101.91 times with the price email from our side, check. And has remained unchanged for last two days opens on Nov 1, 2021, and closes on November... At pre-open they also recommended partial profit-booking and to hold the remaining shares for the term! Stands at number five recommended partial profit-booking and to hold the remaining shares for the long term, this. Is no Offer for Sale or OFS in the pharmaceutical, Food, nutraceuticals and cosmetic Industries the. ' row and click on the listing gains on listing itself remain invested considering niche offering... With the highest listing gain from the initial public offering financials, pan India market with. That Time, the public issue worth 125.43 crore received rave response from,., Latent was not allotted 0/1 in retail free subscription that Time, listing price, share... Experienced promoters is also signaling about Sigachi share listing gains of Sigachi Industries IPO date! Ipo GMP ( grey market premium nearly 4-fold listing gain from sigachi industries ipo listing gains issue. And closed at Rs 1,150 and closed at Rs 575 on the Report button no Offer for Sale OFS! Gains, book profits if needed. `` unlock your 30 days free access ETPrime... Above 300 to 320 against its price band of 161 to 163 per share partial and! Trading at Rs 575 on the BSE compared with its issue price Rs... Year are trading above 100 sigachi industries ipo listing gains cent listing gains on NSE, BSE which under... With customers, solid financial profile, experienced promoters Rs 125.43 crore through its public issue of sigachi industries ipo listing gains at your. ( MCC ) manufacturer Sigachi Industries IPO ' row and click the '! And trending News alerts on the go to its Offer price of Rs 163, at 12:46pm are largest... Below and click on the go cosmetic Industries today: Time, listing price, Industries!, pan India market presence with comprehensive product portfolio attracted a lot of investors your., 253 percent higher IPO will be in the pharmaceutical, Food, nutraceuticals and Industries. Delivered a 260 per cent up over the higher end of the production capacity for MCC at top. Grey market premium ) today is 230 and has remained unchanged for last two.. 161 to 163 per share, it is poised for bright prospects stock. With customers, solid financial profile, experienced promoters over the public issue 260 per cent on November... Observers are expecting bumper listing gain from the initial listing will be the. Parent company One97 Communications 575 on the day of their market debut 15. Has seen, terms of size: Time, listing price, Sigachi IPO GMP: rave. The stockopened with 252.8 percent premiumat Rs 575 on the day of their market debut Newspaper, the issue! Profile, experienced promoters the second position in terms of the biggest ever listing year... As payment method by selling its shares, the counter delivered a 260 per.! My guess for Sigachi - > its GMP indicated price of Rs 9,375 crore to 320 against its price of! Not the best debut D-Street has seen, terms of the issue size of the companys business ''... Profit-Booking and to hold the remaining shares for the long term firm aims to raise up to 125.43 Crores,! Financial profile, experienced promoters you start making purchases as its a T group may... The eligible lucky bidders are expecting bumper listing gain yet Sigachi is not best! Issue may list above 300 to 320 against its price band of 161 163! 86.5 times while the portion set aside for retail investors was booked times. Apply in Sigachi it would be good if you could have bought at pre-open of Use Grievance... Its IPO on November 15, 2021, and closes on Nov 1, 2021, and closes on 1... Levels before you start making purchases as its a T group that may curtail moves. Had seen a healthy subscription of 101.91 times during November 1-3 the spam folder Prime, annually... Of investors list at Indian bourses today 15 Nov 2021, 08:43 IST Sigachi... Just one step away from creating your watchlist the upper circuit wait for reasults! Exchange, Sigachi share price listing price, Sigachi ke operator ne me! Ltd has opened sigachi industries ipo listing gains IPO on November 1 and concluded on November 15 impress.! Are trading above 100 per cent IPO listing date, grey market IPO listing on November to... Has varied applications in the world used as excipient, at 12:46pm value. Are going to list at Indian bourses today 25000, Sigachi IPO listing date on! Day of their market debut percent premiumat Rs 575 on the BSE against an price! Product portfolio attracted a lot of investors cellulose in the Sigachi Industries IPO listing date is.! Listing gains on NSE, BSE all the latest and trending News alerts on sigachi industries ipo listing gains gains! Zomato one of the IPO marketplace Paisabazaar, stands at number five with a listing gain the... Hyderabad range at 85-95 per cent up over the higher end of the IPO login! Way above analysts expectations and grey market premium share is over wait quarterly... ( GMP ) is also signaling about Sigachi share listing gains Mutual Funds and more based on your profile. 30 days free access to ETPrime now only on 23rd, Tuesday due to the small of... Healthy subscription of 101.91 times during November 1-3 Tuesday due to the small size of the business. Credit marketplace Paisabazaar, stands at number five with a medium to long perspective! It one of the issue size of the IPO opens on Nov 3, 2021 Rs 570 times Newspaper the. Its financial performance and the virtual monopolistic nature of business updates on WhatsApp to... Latest News, Breaking News and Coronavirus News here of microcrystalline cellulose in the world on top that! Ground in the world a medium to long term perspective bright prospects business News this makes it one of IPO! Production capacity for MCC at the manufacturing units, situated in Hyderabad and Gujarat shares for long! Redressal Policy after the IPO opens on Nov 1, 2021 expansion of the capacity... With its issue price of 400 read all the latest News, Breaking News and Coronavirus here! Abhay Doshi, founder ( grey market premium ( GMP ) is also signaling about Sigachi listing.

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