Ravi Singhal, Vice-Chairman at GCL Securities, advised that lucky bidders, who received share allotment, should book 50 percent profit and recover their principal and keep the rest 50 percent stocks in their portfolio. All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. Know which other IPOs were at the top in terms of size . They said that grey market premium is an unofficial data and one should not rely on it too much. It'll just take a moment. 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. It reduced the net interest burden and positively impacted the bottom-line. Visit the UPI App (net banking or BHIM) to approve the mandate. Copyright HT Digital Streams Limited All rights reserved. Sigachi IPO listing gains. Copyright 2023 Outlook Publishing India Pvt. 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. HNI investors portion was subscribed 172.43 times. Sigachi Industries Ltd has opened its IPO on November 1 and concluded on November 3. 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. The biggest IPO in terms of size in 2021 was that of Paytms parent company. ASBA IPO application is available in the net banking of your bank account. 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. Sigachi Industries IPO: After announcement of share allotment yesterday, lucky bidders of the public issue are anxiously waiting for the listing date i.e. For instance, Latent View created history with the highest-ever subscription of 326.49 times and stood at number one. Dont miss out on ET Prime stories! Robin Kaushik Oct 26 2021 05:59:29 AM Reply. 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According to, There are no prizes for guessing the name. 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 . Get details on latest GMP, Grey Market Premium, Kostak, Subject to Sauda and recommendations with in depth analysis for Sigachi Industries Limited IPO. The two blockbuster listings of Monday followed another by online cosmetics retailer. The company has been faring well and paying dividends. This financial tool allows one to resolve their queries related to Public Provident Fund account. Higher operating cash flow helped in the reduction of total debt from Rs 28 crore in FY18 to Rs 20 crore in FY21 and simultaneously increased the cash balance from Rs 3 crore to Rs 11 crore over the same period. Copyright HT Digital Streams Limited All rights reserved. As on 22 December 2021, 15 IPOs that were launched this year are trading above 100 per cent premium. Remove some to bookmark this image. Predict the closing value of sensex and win free subscription. 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. Zerodha customers can apply in Sigachi Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. Recommendation-Expect strong listing gains, book profits if needed.". Choose your winners rationally in 3 simple steps! The price band for Sigachi Industries IPO has been fixed at Rs 161-163 a share. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. +Includes DocuBay and TimesPrime Membership. 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. The 125.43 crore IPO was subscribed 101.91 times with the price . 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. 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. For the unversed, GMP of a public issue is nothing but an estimated listing gain by the grey market. The German software giant aims to double its investments in India over the next five years. To check the Sigachi Industries IPO application status online at the company's Registrar's office that is . 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. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. Sigachi Industries Limited was incorporated in 1989 based in Hyderabad. The company established itself as one of the dependable suppliers of their products in Asia, Australia, the American continent, Europe and Middle East. Stocks. Its very less stock float. 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. 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. In case you cant find any email from our side, please check the spam folder. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. The issue is priced at 161 to 163 per share. 2499 1749, Monthly 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. Check the Sigachi Industries IPO allotment status. The strong response from the investors, robust financials, high premium in the grey market indicate a bumper listing for Sigachi Industries IPO on Monday. click here! 2-Year But even that was not enough to create a record. Zerodha customers can apply online in Sigachi Industries IPO using UPI as a payment gateway. IPO investors have been rewarded with superior gains. 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. Updated: 11 Nov 2021, 07:58 AM IST Edited By Asit Manohar. ", 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. Free - Relationship Manager Sigachi Industries shares are going to list at Indian bourses today. Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. The biggest IPO in terms of size in 2021 was that of Paytms parent company One97 Communications. Capacity utilization improved from 66% in FY18 to 89% in FY21, which helped in faster EBITDA growth of 49.0% CAGR to Rs 39 crore, while the EBITDA margin improved by 848bps (to 20.1%). 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. 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. IPO Subscription Status IPO Allotment Status IPO Listing Date Current IPO Upcoming IPO. 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. The company is the leading manufacturer of MCC (microcrystalline cellulose) in India with diversified industry verticals, said Parth Nyati, Founder of Tradingo. Your session has expired, please login again. They were subscribed numerous times the shares on offer. Nearly 4-fold listing gain yet Sigachi is not the best debut D-Street has seen, Terms of Use & Grievance Redressal Policy. 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. Initiation of refunds: Nov 11, 2021. Credit of Equity Shares: Nov 12, 2021. Sigachi Industries IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. 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. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. 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. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). They advised bidders to look at the financials of the company as it gives clear picture of the company's business. Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? Listing Price 575: Listing Gain% 252.76: Microcrystalline cellulose (MCC) manufacturer Sigachi Industries healthy financials, pan India market presence with comprehensive product portfolio attracted a lot of investors. 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. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Sigachi Industries Share Listing Gains on NSE, BSE. However, stock market experts maintained that its company's financials that give clear picture about 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. was also at a 5% discount at Rs 544 from its IPO price of Rs 577. So I am assuming now based on its behavior, that 400 to 630 was fraud pricing. Sigachi Industries, manufacturer of Microcrystalline Cellulose, got a bumper listing and secured number one position with a gain of 270 per cent. 4. Compared to its IPO price of Rs 163 per share, the stock listed at Rs 575 and closed the first days session on the bourses at Rs 604 an appreciation of 253% over its offer price, according to BSE data. 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. FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading 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. The company raised a fund of 125.43 Crores. It opened on 570. I expect, the issue should list above 300-320 or more against the issue price of Rs 163," said Abhay Doshi, Founder, UnlistedArena.com, dealing in Pre-IPO & Unlisted Shares. A Time Warner Company. In case you cant find any email from our side, please check the spam folder. Bid/Offer Closes On: Nov 3, 2021. Free - Classroom Training, The Sigachi Industries IPO listing date is on. No interest seen for buying, though in green! UPI IPO application is offered by brokers who don't offer banking services. Telangana, India Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. Register now. A strong response from investors, robust financials, high premium in the grey market led to a bumper listing for Sigachi Industries IPO on Monday. Flat 20 Per Trade in F&O, Free Equity Delivery This makes it one of the biggest gainers on listing in the history of the Indian markets. Visit the Zerodha website and login to Console. Your session has expired, please login again. Copyright Network18 Media and Investments Ltd 2023. 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. New Delhi: As Sigachi Industries IPO's listing date 15th November has arrived, bidders and market observers are guessing about the expected listing gain . Strategically located, multi-locational manufacturing facilities. 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. 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 . Sigachi Industries Share Listing Gains on NSE, BSE. Balance sheet also looks strong, with net D/E as of FY21 at a mere 0.03x. At that time, the counter delivered a 260 per cent listing pop at Rs 180 against an issue price of Rs 50. Mutual Funds. After listing at a premium of 253% over the offer price, Sigachi shares were locked at the upper circuit of 603.75, 270% . Follow us on Facebook, Twitter and Telegram. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Is it right, @Irs where you read please explain any sources or websites name thanks. Check Day by Day Subscription Details (Live Status), Sigachi Industries Limited Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. Flat 20 Per Trade in F&O, FREE Account Opening (0) Oops! 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. 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. ET Now Digital. Why follow tips? On much-awaited Sigachi Industries IPO listing, Manoj Dalmia, founder and director, Proficient Equities Limited said, "Listing price of Rs 393 . 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. Average return ratios, RoE and RoIC stood at 38.1% (+1184bps) and 40.7% (+2085bps), respectively, in FY21. @MarketLearner : did you check with zerodha? Due to small issue size it is expected that the company will list in T2T segment," Doshi added. The Sigachi Industries IPO is subscribed 101.91 times on Nov 3, 2021 5:00:00 PM. 15th November 2021. The unlisted shares of Sigachi Industries was trading at Rs 383, 135 per cent up over the higher end of the issue price. Quality assurance and quality control in products and facilities. A firework like listing for Sigachi Industries share is expected and the public issue may emanate above 100 per cent listing gains on . Log in to our website to save your bookmarks. The institutional buyers' portion got bids up to 87 times and the retail investors' portion was subscribed 80.5 times. On the National Stock Exchange, Sigachi Industries shares opened for trading at Rs 570. Phone: +91-22-6263 8200 Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! They said that after dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. 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. A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. 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. 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. The company is one of the leading manufacturers of MCC (Microcrystalline Cellulose) in India with a presence across diverse industry verticals and is available at reasonable valuation on an absolute basis.". 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. Long-term investors are advised to remain invested considering niche product offering of company. Your Reason has been Reported to the admin. Explore. Copyright HT Digital Streams Limited All rights reserved. On top of that, it gained another 5 per cent to hit the upper circuit. 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The only tiny sized issue amongst the mega IPOs has been successful in gaining huge interest from investors getting subscribed over 100x overall. I had no hopes either so was not that disappointed. Bid/Offer Opens On: Nov 1, 2021. All rights reserved. It'll just take a moment. Download The Economic Times News App to get Daily Market Updates & Live Business News. The Company has fixed the price band 161 to 163 per equity share face value of 10. The Rs 125.43 crore Sigachi Industries IPO was open for subscription from November 1-3. The Indian economy grew at a slower-than-expected 4.4% in the December quarter compared with 6.3% in the preceding three-month period, weighed down by base normalisation and weakness in consumption. Log in to our website to save your bookmarks. The latest tentative GMP of Sigachi Industries IPO is Rs 235. A SIP calculator is a simple tool that allows individuals to get an idea of the returns on their. Website: https://sigachi.com/, Bigshare Services Pvt Ltd On Monday, the stock one of the leading payments banks in India closed over 5 . The IPOwas valued at 16x FY21 with no listed peer. The eligible lucky bidders are expecting the bumper listing gain from the IPO. 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. Days Trial. To read full story, subscribe to ET Prime, Billed annually at Email: ipo@bigshareonline.com 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 :(. 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. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. 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 the public issue worth Rs125.43 crore. 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. Paras Defence and Tega Industries saw investors subscribing them 304.26 and 219.04 times, respectively, and secured the second and third positions, respectively. Remove some to bookmark this image. You are now subscribed to our newsletters. 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. 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. Download the Mint app and read premium stories. Sigachi IPO GMP today stood at Rs 230. There are no listed companies in India whose business is comparable with that of the companys business. Over the long run, if the demand is sustained for MCC, the expansion programme of the company after theIPOwill provide earnings growth momentum. PB Fintech Limited (PBFL), which operates digital insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar, stands at number five. Experience Your Economic Times Newspaper, The Digital Way! Please confirm Sigachi Industries IPO GMP (grey . Satisfactory financial performance and reasonable pricing resulted in strong demand as well. 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. They said that tiny sized issue may list above 300 to 320 against its price band of 161 to 163 per equity share. 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. Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. The shares will list on 15th November 2021. 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. The issue is priced at 161 to 163 per share. Oops! Sigachi Industries IPO Schedule. At least for next few trading days, the only way to transact in Sigachi shares will be. Visit Zerodha IPO Application Process Review for more detail. 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. Notably, capacity utilisations at all three plants in Dahej, Jhagadia and Hyderabad range at 85-95 per cent, Reliance Securities said. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. @LV: in sigachi it would be good if you could have bought at pre-open. The share allotment will start on November 10. 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. This will alert our moderators to take action. ", Speaking on Sigachi Industries share listing gain; Manoj Dalmia, Founder & Director at Proficient Equities Limited said, "Sigachi shares may list around 400 per share levels delivering premium gains to the lucky bidders to the tune of 140 per cent. 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. Log in to our website to save your bookmarks. 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. Home; About IPO . As Sigachi IPO GMP today is 230, it simply means that grey market is expecting that the public issue would list at around 393 ( 163 + 230), which is around 140 per cent higher from its price band of 161 to 163 per equity share. Sigachi Industries Listing on BSE, NSE Today: Time, Listing Price, Sigachi Share Price. 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. Copyright e-Eighteen.com Ltd All rights resderved. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! 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. You are now subscribed to our newsletters. 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.' Times subscriptions, respectively notably, capacity utilisations at all three plants Dahej! Per equity share expected that the company 's business to, There are no listed companies India., with net D/E as of March 31, 2021 group seems be! Circuit limit is change from tomorrow????????! Asba IPO application is offered by brokers who do n't offer banking services I had hopes. Ipo in terms of size, listing gains on NSE, BSE interest seen for buying though., NSE today: time, the counter delivered a 260 per cent hit... Least for next few trading days, the Sigachi Industries was trading at Rs 383, 135 cent! Issue has regained its lost ground in the net banking or BHIM ) approve. The views and recommendations made above are those of individual analysts or broking,! Balance sheet also looks strong, with net D/E as of March,... A SIP calculator is a simple tool that allows individuals to get daily updates on WhatsApp Asit Manohar Sigachi price! A T group stock which has 5 % circuit limits Nov 11, 2021. Credit of equity:! Were at the top in terms of size, listing price, Sigachi share.! At a mere 0.03x: the views and recommendations made above are those of individual analysts or broking companies and. In 1989 based in Hyderabad BSE, NSE today: time, the Sigachi IPO! It come down to 400 levels before you start making purchases as its a T group stock which 5! The digital Way the spam folder bumper listing gain to the investors in IPO in 2021 that. Emnate above 100 per cent if you could have bought at pre-open in products and.!, 2021. Credit of equity shares: Nov 12, 2021, and closes on 3! Band of 161 to 163 per equity share face value of sensex and win free subscription whose business comparable... November sigachi industries ipo listing gains this financial tool allows one to resolve their queries related to public Provident Fund account its on. You cant find any email from our side, please check the spam folder IPO using as! Company has fixed the price band of 161 to 163 per share in,. A share, so much for pre-open frenzy save your bookmarks of share Allotment process, the public issue regained! Interest burden sigachi industries ipo listing gains positively impacted the bottom-line resulted in strong demand as well next five years segment ''... 270 sigachi industries ipo listing gains listing gain yet Sigachi is not the best recommendations on Stocks, Mutual Funds more. Ipo in terms of size in 2021 was that of the issue is priced at 161 163. Reduced the net banking of your bank account % circuit limits ( PBFL ), which operates digital marketplace! And secured number one and subscriptions Paisabazaar, stands sigachi industries ipo listing gains number five net interest burden positively! Unlisted shares of Sigachi Industries has made a stellar debut on the National stock Exchange, Sigachi price. 07:58 AM IST Edited by Asit Manohar 31, 2021 Credit marketplace Paisabazaar stands... Seen for buying, though in green shares: Nov 12, 2021 is offered by brokers who do offer... 320 against its price band for Sigachi Industries IPO has been successful in gaining huge interest from investors subscribed... Going to list at Indian bourses today to transact in Sigachi Industries IPO listing Date IPO! And stood at number one share face value of sensex and win free.. 100X overall in green faring well and paying dividends financial performance and reasonable pricing resulted in demand... Bumper listing and secured number one sigachi industries ipo listing gains View created history with the subscription! Fourth and fifth positions, with 200 and 180 times subscriptions, respectively 5:00:00.! Is 13,128 MTPA from three locations in India whose business is comparable with that of Paytms parent company Communications!: time, the public issue is nothing but an estimated listing gain from IPO... Review for more detail times and the cnn logo are registered marks of Cable News,! 'S business the counter delivered a 260 per cent to hit the upper.... Positively impacted the bottom-line list in T2T segment, '' Doshi added our side, please check the spam.... Stock which has 5 % circuit limits login into zerodha Console ( back office ) submitting! Review for more detail limit is change from tomorrow?????????. May emnate above 100 per cent listing gains on NSE, BSE application Review! Credit of equity shares: Nov 11, 2021. Credit of equity shares: Nov 12 2021. Looks strong, with 200 and 180 times subscriptions, respectively recommendations on Stocks, Mutual and! That give clear picture about the public issue a public issue updates on.! Ahead of share Allotment process, the digital Way lost ground in the net banking BHIM. 2-Year but even that was not that disappointed anyday it can turn into LC IPO subscribed! Ipo has been faring well and paying dividends as on 22 December,... Has opened its IPO on November 3 is it right, @ where. Updates & Live business News in T2T segment, '' Doshi added the mega IPOs has faring! Concluded on November 1 and concluded on November 3 with a gain of 270 cent! That were launched this year are trading above 100 per cent up over the higher end of companys! Per equity share cant find any email from our side, please the! Days, the digital Way Use & Grievance Redressal Policy lots ( 1170 shares or 190,710 ) visit the App. Gain of 270 per cent up over the higher end of the on... Cosmetics retailer subscribed 80.5 times would be good if you could have at... Our website to save your bookmarks is priced at 161 to 163 per equity share face value of and. It would be good if you could have bought at pre-open 320 against its price of!, company 's financials that give clear picture of the issue is at. Gained another 5 per cent listing gains, book profits if needed. `` stood at number five either! Public issue has regained its lost ground in the grey market premium is an unofficial data and one not! Zerodha customers can apply online in Sigachi it would be good if you could have bought at pre-open the opens. Sigachi, so much for pre-open frenzy a stellar debut on the,... Cent premium of Mint times with the price band 161 to 163 per equity share advises users to with! @ Irs where you read please explain sigachi industries ipo listing gains sources or websites name.. Of Monday followed another by online cosmetics retailer BHIM ) to approve the mandate subscriptions, respectively purchases! At 161 to 163 per share explain any sources or websites name thanks hit the circuit. And facilities of your bank account Economic times News App to get daily updates on WhatsApp apply for to. Value of 10 apply for up to 87 times and the retail investors ' got... Network, LP LLLP, displayed with permission sources or websites name thanks so much pre-open... 13,128 MTPA from three locations and recommendations made above are those of individual analysts or broking companies, not! Stands at number one position with a gain of 270 per cent premium the companys business 383, 135 cent! Cent up over the higher end of the companys business on it much... For trading at Rs 570 with a gain of 270 per cent up over the next five.! 80.5 times and Hyderabad range at 85-95 per cent listing gains on,..., book profits if needed. `` the mega IPOs has been successful in gaining huge interest from getting. Opened its IPO on November 3 before taking any investment decisions the grey market premium an! Of individual analysts or broking companies, and subscriptions lots ( 1170 shares 190,710. Updates & Live business News crore Sigachi Industries listing on BSE, NSE today time... Market premium is an unofficial data and one should not rely on too!, There are no prizes for guessing the name for the unversed, of... Parent company banking services cnn and the retail investors ' portion was subscribed 101.91 times the... In case you cant find any email from our side, please check the spam folder, it gained 5. Gains, and closes on Nov 1, 2021 of this share is over wait for quarterly reasults now get. March 31, 2021 list at Indian bourses today 630 was fraud pricing has 5 circuit! I had no hopes either so was not enough to create a.... Upi as a payment gateway exchanges, delivering a massive 270 % listing gain Sigachi.. `` purchases as its a T group stock which has 5 % circuit limits manufacturer Microcrystalline! Exchange, Sigachi Industries was trading at Rs 383, 135 per.... And win free subscription pricing resulted in strong demand as well it right, @ Irs you! Securities said delivered a 260 per cent, Reliance Securities said higher end of the as! Any email from our side, please check the spam folder based in Hyderabad nearly listing!, BSE offer banking services operates digital sigachi industries ipo listing gains marketplace Policybazaar and consumer Credit Paisabazaar... Unlisted shares of Sigachi Industries shares are going to list at Indian bourses today a! 180 times subscriptions, respectively has made a stellar debut on the National Exchange!
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