Skip to main content
MainBoardListed
Sigachi Industries Limited Logo

Sigachi Industries Limited IPO

Sigachi Industries Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 570.00 (+249.69%)

Sigachi Industries Limited's completed its IPO journey with a successful listing on NSE, BSE on 15-11-2021. The public offering mobilized 76,95,000 Shares in total capital, comprising TBD in fresh equity.

The offering was conducted within the price band of ₹161 to ₹163, with minimum application lots of 90 shares. Investor participation during the 01-11-2021 to 03-11-2021 subscription window determined the final allocation pattern.

The basis of allotment was announced on 10-11-2021, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Sigachi Industries IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Sigachi Industries IPO Key Performance Indicator
Company Financials ( In Lakhs )

Sigachi Industries IPO About Company

Incorporated in 1989, Sigachi Industries manufactures Microcrystalline Cellulose (MCC), a key excipient used in pharmaceuticals, as well as in food, nutraceutical, and cosmetic industries. The company produces 59 grades of MCC, ranging from 15 to 250 microns, under brands like HiCel and AceCel, at its manufacturing units in Hyderabad and Gujarat. It has an in-house R&D division for developing new products and has received multiple quality certifications. As of March 31, 2021, Sigachi operates three manufacturing units—one in Hyderabad and two in Jhagadia and Dahej, Gujarat—with a total production capacity of 13,128 MTPA.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Sigachi Industries IPO Strength Factors

  1. Leading Manufacturer: One of India’s top MCC producers.
  2. Established Presence: Strong market presence across India and internationally.
  3. Experienced Management: Guided by a skilled leadership team.
  4. Wide Product Range: Serves diverse end-use applications.
  5. Strong Customer Relationships: Long-term ties across multiple industry verticals.
  6. R&D Focus: Continuous investments in research and innovation.
  7. Quality Assurance: Maintains high standards in products and facilities.
  8. Strategic Manufacturing: Multi-location facilities for operational efficiency.
  9. Government Support: Benefits from various government incentives.

Sigachi Industries IPO Risk Factors

NA


Sigachi Industries IPO Lead Manager(s)

  • Unistone Capital Private Limited

Sigachi Industries IPO Promoter(s)

  1. Rabindra Prasad Sinha
  2. Chidambarnathan Shanmuganathan
  3. Amit Raj Sinha
  4. RPS Projects & Developers Private Limited

Sigachi Industries IPO Company Details

Sigachi Industries Limited
Phone:
address:

Sigachi Industries IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Sigachi Industries IPO FAQs