Sigachi Industries Limited IPO

Sigachi Industries Ltd.

IPO Listing Details

Listed On

BSE & NSE

Listed On

Issue Price

₹163

Issue Price

Listing Price

₹575

Listing Price

Listing Gains

+₹412.00 (+252.76%)

Listing Gains

IPO Details

Bidding Dates

01 Nov - 03 Nov '21

Bidding Dates

Min. Investment

₹14,490

Min. Investment

Lot Size

90.00

Lot Size

Price Range

₹161 - ₹163

Price Range

Issue Size

124 Cr

Issue Size

IPO Doc

(D)RHP PDF  

(D)RHP PDF

Subscription Rate - Sigachi Industries Ltd. IPO

  • Retail Individual Investor
    80.49x
  • Non-Institutional Investor
    172.43x
  • Qualified Institutional Buyers
    86.51x
  • Employees
    NA


About Sigachi Industries Ltd. IPO

Hyderabad based Sigachi Industries Limited, incorporated in 1989 manufactures MCC. It has various applications. Sigachi Industries manufactures 59 different grades having a range of 15- 250 microns. The major grades are marketed as the HiCel and AceCel, distinguished by the difference in the drying process. HiCel is spray-dried whereas AceCel is bulk-dried. It has an in-built, well-functioning R&D department and 3 manufacturing units; one at Hyderabad, and two at Gujarat with a total installed capacity of 11,880 MTPY.

Why should you invest in Sigachi Industries Ltd. IPO?

Investors should invest in Sigachi Industries Limited IPO if they are considering a medium to long-term perspective. The company has an international and pan Indian long standing market presence along with strategically located functioning units. They are keenly focused on R&D and have a well experienced and resourceful management team.


SWOT Analysis - Sigachi Industries Ltd. IPO

Strengths:

Sigachi Industries has been in the industry for 30 years with a worldwide client presence in over 40 countries. It has a subsidiary manufacturing facility in Virginia, USA.

Weaknesses:

Last year, the liquidity position of Sigachi Industries have been stretched due to its high inventory and receivables. The top 5 suppliers of the company are Canada, South Africa, Thailand, Indonesia and the US. If there is any change in these supply chains, it could affect the company adversely.

Opportunities:

Indian MCC market has huge opportunities for the company since the market is estimated to reach $115 million in 4 years.

Threats:

Significant growth of the unorganized chemical manufacturing market in India and the company’s ardent reliance on its export business can put Sigachi Industries under pressure.



How to apply for Sigachi Industries Ltd. IPO?

You can apply for the Sigachi Industries Ltd. IPO in these ways:

UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

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Frequently Asked Questions (FAQs) - Sigachi Industries Ltd. IPO

1.What is Sigachi Industries IPO’s issue size?

Sigachi Industries IPO is a main-board IPO of 7,695,000 equity shares. It has a face value of ₹10 with a total of ₹125.43 Crores. Price per equity share is ₹161 to ₹163.

2.When is Sigachi Industries Limited IPO open for subscription?

The Sigachi Industries Limited IPO opening date is November 1, 2021 and closes on November 3, 2021.

3.What is the lot size for Sigachi Industries IPO?

The lot size of the Sigachi Industries IPO shares 85 shares.

4.Who is the registrar for Sigachi Industries IPO?

The registrar for the IPO is Bigshare Services Pvt Ltd.

5.Where is Sigachi Industries IPO getting listed?

Sigachi Industries’ shares will be listed on both BSE and NSE.

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