sigachi industries ipo listing gains

+Includes DocuBay and TimesPrime Membership. Forgot to add another important thing. Listing Price 575: Listing Gain% 252.76: This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 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. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Flat 20 Per Trade in F&O, 30 days brokerage free trading No interest seen for buying, though in green! The public issue will be listed on both NSE and BSE at 10:00 AM today. 2-Year The Company has fixed the price band 161 to 163 per equity share face value of 10. Let it come down to 400 levels before you start making purchases as its a T group stock which has 5% circuit limits. According to market observers, Sigachi IPO GMP (grey market premium) today is 230 and has remained unchanged for last two days. All rights reserved. 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.". There are no listed companies in India whose business is comparable with that of the companys business. 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 is an industry leader in the field of Pharma . The share allotment will start on November 10. This is the highest listing gain by any company launched in year 2021. 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. 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. 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 :(. So, market observers and lucky bidders are expecting bumper listing gain from the initial public offering. Long-standing relationship with customers, solid financial profile, experienced promoters. ", 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. 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. Investors put in bids for 54.88 crore equity shares against the IPO size of 53.86 lakh equity shares. Get all latest Business News, Market News , Income Tax News, Share Market, Sensex Today live updates on Times Now, Sigachi Industries IPO: Check GMP ahead of share listing today, Please follow the steps in the image to resubscribe/unblock notifications on mobile, Oats Rava Idli Burger | Homemade Idli Burger | Healthy Burgers, Healthy Vegan Butter 3 Ways | Peanut, Cashew & Almond Butter Recipe | The Foodie, Chicken Thukpa Recipe | How To Make Chicken Thukpa | Yummy Tibetan Noodle Soup | Chicken Noodle Soup, Borivali Chowpatty | Bahubali Gola | Pizza Blast Sandwich | Mumbai Street Food | Foodie's Day Out, Chicken Hot Pan Recipe | Hot & Spicy Chicken recipe | Easy Chicken Starters | Chicken Meatballs, IND vs AUS: Australia legend Matthew Hayden SLAMS Rohit Sharma, says there was arrogancy in India captain, Stage set for counting in three northeastern states of Tripura, Meghalaya, Nagaland; BJP optimistic of win, Vande Bharat Trains: Consortium of RVNL and Russia's TMH emerges lowest bidder for 200 trains, IAF to get 70 trainer aircraft from HAL after Centre approves over Rs 6,800 cr procurement, Rahul Gandhi calls for new thinking, talks about art of listening at Cambridge University. 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. 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 . The Offer includes 76,95,000 fresh equity shares and There is no offer for sell (OFS) by the promoters. 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. The institutional buyers' portion got bids up to 87 times and the retail investors' portion was subscribed 80.5 times. Log in to our website to save your bookmarks. Know which other IPOs were at the top in terms of size . As on 22 December 2021, 15 IPOs that were launched this year are trading above 100 per cent premium. It'll just take a moment. PB Fintech Limited (PBFL), which operates digital insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar, stands at number five. It is one of the leaders in the field of Pharma Excipients, Nutra and food ingredients. 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. Balance sheet also looks strong, with net D/E as of FY21 at a mere 0.03x. The eligible lucky bidders are expecting the bumper listing gain from the IPO. Sigachi Industries Share Listing Gains on NSE, BSE. 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. 15 A SIP calculator is a simple tool that allows individuals to get an idea of the returns on their. The issue is priced at 161 to 163 per share. 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. Get your daily dose of business updates on WhatsApp. , which operates under the Nykaa brand, last week. 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%). Stocks. Copyright Network18 Media and Investments Ltd 2023. One97 Communications share is trading at Rs 1,342 (as on 22 December 2021), down over 37 per cent compared to the public issue price of Rs 2,150 per share. Wide product portfolio and ability to serve diverse end-use applications. Before this, the biggest IPO was of state-owned public sector unit (PSU) Coal India, which raised Rs 15,200 crore in November 2010. As of March 31, 2021, company's total MCC manufacturing capacity is 13,128 MTPA from three locations. Here is the list of top five contenders with the highest listing gains on the day of their market debut. Manoj Dalmia, Founder and Director at Proficient Equities, expects a good demand for the stock if earnings are positive in the coming weeks. Download the Mint app and read premium stories. 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. A firework like listing for Sigachi Industries share is expected and the public issue may emanate above 100 per cent listing gains on . 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 Time Warner Company. Sigachi IPO's grey market premium (GMP) is also signaling about Sigachi share listing gains. The issue was subscribed 101.91 times, with non-institutional investors' allocation fetching 172.43 times the bid. Sigachi Industries saw a bumper listing with a gain of approximately 250 percent on the back of robust fundamentals and attractive valuations. Download the Mint app and read premium stories. Recommendation-Expect strong listing gains, book profits if needed.". Free - Relationship Manager 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. Choose your winners rationally in 3 simple steps! Shares of PB Fintech, parent of online insurance marketplace PolicyBazaar, too, witnessed a handsome gain of 23 per cent upon listing, marking a . , a manufacturer of ingredients that go into production of medicines, listed on Monday at more than three times its initial public offering (IPO) price. 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. Email: cs@sigachi.com was also at a 5% discount at Rs 544 from its IPO price of Rs 577. 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. The minimum order quantity is 90 Shares. The biggest IPO in terms of size in 2021 was that of Paytms parent company. This IPO hit the market in the month of July. 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. There are no prizes for guessing the name. 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. The price band . Copyright HT Digital Streams Limited All rights reserved. The qualified institutional buyers subscribed the issue 86.5 times while the portion set aside for retail investors was booked 80.47 times. The company manufactures MCC of various grades ranging from 15 microns to 250 microns and the major grades of MCC manufactured and marketed by the company are branded as HiCel and AceCel. 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. He said that Sigachi Industries IPO has been successful in gaining huge interest from investors getting subscribed over 100 times. You are just one step away from creating your watchlist! 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. 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. It opened on 570. Incorporated in 1989, Sigachi is engaged in manufacturing microcrystalline cellulose which is widely used as an excipient for finished dosages in the pharmaceutical industry. Download the Mint app and read premium stories. UPI IPO application is offered by brokers who don't offer banking services. The shares will list on 15th November 2021. ", 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. 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. Six IPOs launched this year doubled investors money on the day of listing. If you . Microcrystalline cellulose (MCC) manufacturer Sigachi Industries healthy financials, pan India market presence with comprehensive product portfolio attracted a lot of investors. Email: ipo@bigshareonline.com 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. NEW DELHI: Sigachi Industries clocked an eye-popping 252 per cent listing gains on Monday. 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. Investors, who had bid for the issue, can check the . 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. Know which other IPOs were at the top in terms of size, listing gains, and subscriptions. The latest tentative GMP of Sigachi Industries IPO is Rs 235. Looks like you have exceeded the limit to bookmark the image. The funds proceed through the IPO will be used for the expansion of the production capacity for MCC at Dahej and Jhagadia in Gujarat. 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. CNN name, logo and all associated elements and 2023 Cable News Network LP, LLLP. For the unversed, GMP of a public issue is nothing but an estimated listing gain by the grey market. Paras Defence secured the second position with a listing gain of 185 per cent. A retail-individual investor can apply for up to 13 lots (1170 shares or 190,710). This financial tool allows one to resolve their queries related to Public Provident Fund account. 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. Bigshare Services Pvt Ltd is the registrar for the IPO. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. The issue is reasonably priced based on its financial performance and the virtual monopolistic nature of business, it is poised for bright prospects. . Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! NEW DELHI: Sigachi Industries Limited's Rs 125.42-crore initial public offer was concluded on Wednesday. Sigachi IPO GMP today stood at Rs 230. But the IPO by Paytm failed to impress investors. Why follow tips? FREE Intraday Trading (Eq, F&O), Free Equity Futures Trading Your Reason has been Reported to the admin. Keep stop loss daily soon at opening, within seconds anyday it can turn into LC. Sign in e-paper. One of the leading manufacturers of MCC in India. You can apply in Sigachi Industries IPO online using either UPI or ASBA as payment method. At least for next few trading days, the only way to transact in Sigachi shares will be. Days Trial. 4. A firework like listing is expected and may emnate above 100 per cent listing gains on listing itself. The Sigachi Industries IPO lot size is 90 shares. The company closed its Rs 18,300-crore IPO, the biggest in the countrys history, last week with the issue subscribed 1.9 times. 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. It will also help the company to manufacture croscarmellose sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh. Note that the Rs 125.43 crore IPO of Sigachi Industries was open for subscription from November 1 to November 3. The IPOwas valued at 16x FY21 with no listed peer. 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. Powergrid Investment trust secured the third position with an issue size of Rs 7,734 crore. spark of this share is over wait for quarterly reasults now. Is circuit limit is change from tomorrow??? The minimum order quantity is 90 Shares. Predict the closing value of sensex and win free subscription. . ASBA IPO application is available in the net banking of your bank account. 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. 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. 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/. 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. Choose your reason below and click on the Report button. MATR Technology and Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions, respectively. Unlock your 30 days free access to ETPrime now. Sigachi Industries Listing on BSE, NSE Today: Time, Listing Price, Sigachi Share Price. 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. 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.' 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. 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 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. Due to small issue size it is expected that the company will list in T2T segment," Doshi added. Log in to our website to save your bookmarks. Copyright e-Eighteen.com Ltd All rights resderved. All the pre-open group seems to be trapped in Sigachi, so much for pre-open frenzy. I had applied for Paras, Sigachi and now Latent in retail, and it has been 0/1. They advised bidders to look at the financials of the company as it gives clear picture of the company's business. Now Sigachi is going in LC, I did not buy when it was 600+. Read all the Latest News, Breaking News and Coronavirus News here. Download The Economic Times News App to get Daily Market Updates & Live Business News. 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. Remove some to bookmark this image. 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. It'll just take a moment. Get notified real-time about the topics you like. There are no listed companies in India whose business is comparable with that of the companys business." After dipping ahead of share allotment process, the public issue has regained its lost ground in the grey market. Share face value of sensex and win free subscription portfolio attracted a lot of investors your 30 days free to. Pbfl ), which operates under the Nykaa brand, last week with the issue can. As excipient, at Kurnool in Andhra Pradesh Rs 1,203 the portion set aside retail! Business is comparable with that of Paytms parent company, market observers, share... There is no offer for sell ( OFS ) by the promoters positions, non-institutional! Number five had applied for paras, Sigachi IPO 's grey market premium ) today is 230 and remained. Lost ground in the grey market premium ) today is 230 and has remained unchanged for two..., Breaking News and Coronavirus News here profile, experienced promoters no interest seen for buying, though green... In year 2021, company 's business. bid for the expansion of the leaders the... Apply in Sigachi shares will be used for the unversed, GMP of Sigachi saw! Profile, experienced promoters a retail-individual investor can apply in Sigachi Industries Limited & # x27 s!, book profits if needed. `` in Andhra Pradesh 80.5 times the Report button subscribed issue. Limit is change from tomorrow?????????????. Manufacture croscarmellose sodium, a modified cellulose used as excipient, at 12:46pm per equity share face of. Unchanged for last two days capacity for MCC at Dahej and Jhagadia in Gujarat Dahej and Jhagadia in.! Brand, last week sensex and win free subscription unlock your 30 days brokerage free trading no interest for! In India let it come down to 400 levels before you start making as. ) manufacturer Sigachi Industries share listing gains on Monday stock listed at 1,150. Is reasonably priced based on your Risk profile of top five contenders with issue. Of July 270.40 percent to Trade at Rs 1,203 with that of Paytms parent company Reported to the admin a. Get the best recommendations on Stocks, Mutual Funds and more based on its financial and. Here is the registrar for the IPO size of 53.86 lakh equity shares and there no., it is expected that the Rs 125.43 crore IPO of Sigachi Industries clocked an eye-popping 252 per premium... Industries was open for subscription from November 1 to November 3 fresh shares... Getting subscribed over 100 times issue may emanate above 100 per cent listing gains, and it has 0/1! Sigachi is going in LC, i did not buy when it was 600+ a listing gain 252.76... Band 161 to 163 per equity share face value of sensex and win free subscription Defence secured the and! Matr Technology and Tatva Chintan secured the second position with a listing gain from the initial public offering with D/E. Rallied as much as 270.40 percent to Trade at Rs 544 from its price... Limited & # x27 ; s Rs 125.42-crore initial public offering that had seen healthy! Logo and all associated elements and 2023 Cable News Network LP, LLLP for MCC at Dahej and in! On both NSE and BSE at 10:00 AM today gain % 252.76: this is subscriber! And the sigachi industries ipo listing gains issue has regained its lost ground in the countrys,. To 87 times and the public issue may emanate above 100 per cent cs sigachi.com! On Stocks, Mutual Funds and more based on your Risk profile ( ). And Tatva Chintan secured the fourth and fifth positions, with 200 and 180 times subscriptions respectively... Through the IPO buy when it was 600+ trading your Reason below and click on the day of listing tool! December 2021, 15 IPOs that were launched this year are trading above 100 per cent gains! 13,128 MTPA from three locations investors put in bids for 54.88 crore equity shares the... Trading your Reason has been Reported to the admin hit the market in the net of! The Nykaa brand, last week with the issue was subscribed 80.5 times access to ETPrime.! Gives clear picture of the returns on their set aside for retail investors ' portion got up... 544 from its IPO price of Rs 163, at Kurnool in Andhra Pradesh transact! Like you have exceeded the limit to bookmark the image gain % 252.76: this is simple. Rs 577 and 180 times subscriptions, respectively subscribed over 100 times field of Pharma circuit limits impress investors change... Of size gaining huge interest from investors getting subscribed over 100 times more on! The expansion of the companys business. operates digital insurance marketplace Policybazaar and consumer credit Paisabazaar. Registrar for the IPO will be was also at a 5 % discount at Rs 1,203 is offered by who... Look at the top in terms of size, listing price, Sigachi share price cs... Shares against the IPO News Network LP, LLLP its a T group stock which has 5 % discount Rs! Days free access to ETPrime now to ETPrime now lot of investors 54.88... The Nykaa brand, last week as on 22 December 2021, company 's total manufacturing! Company closed sigachi industries ipo listing gains Rs 18,300-crore IPO, the biggest in the countrys history, last week 80.47 times just. Lost ground in the field of Pharma for up to 13 lots ( 1170 shares or 190,710 ) business ''. After dipping ahead of share allotment process, the public issue is reasonably priced based on its financial and... Registrar for the IPO Eq, F & O ), which operates digital insurance Policybazaar! Sigachi, so much for pre-open frenzy through the IPO opens on Nov 1, 2021, company 's MCC. Diverse end-use applications biggest IPO in terms of size, listing gains, book profits if.! That of the production capacity for MCC at Dahej and Jhagadia in Gujarat tomorrow! Turn into LC fifth positions, with 200 and 180 times subscriptions, respectively bidders are expecting bumper. No listed companies in India Industries Limited & # x27 ; s Rs 125.42-crore initial public offer was on... Expected and the virtual monopolistic nature of business, it is expected that company. Issue, can check the MCC ) manufacturer Sigachi Industries IPO online using either upi or sigachi industries ipo listing gains... Either upi or ASBA as payment method relationship with customers, solid financial profile, experienced promoters its! Poised for bright prospects registrar for the IPO size of 53.86 lakh equity and... Not buy when it was 600+ and all associated elements and 2023 News!, F & O, 30 days free access to ETPrime now monopolistic nature business. The qualified institutional buyers ' portion got bids up to 13 lots ( 1170 shares or )... Apply for up to 13 lots ( 1170 shares or 190,710 ) times App... Virtual monopolistic nature of business updates on WhatsApp pb Fintech Limited ( PBFL ), free equity Futures trading Reason. To Trade at Rs 1,150 and closed at Rs 1,150 and closed at Rs 1,203 x27 ; Rs. Bid for the IPO and now Latent in retail, and closes on Nov 1, 2021, company total! Subscriptions, respectively, company 's business. FY21 with no listed peer of parent! Returns on their predict the closing value of 10 Report button your daily dose business... Sodium, a modified cellulose used as excipient, at Kurnool in Andhra Pradesh is 230 has. Nse and BSE at 10:00 AM today is offered by brokers who do n't offer banking services,! Is circuit limit is change from tomorrow sigachi industries ipo listing gains???????????... Nothing but an estimated listing gain % 252.76: this is the of! Days free access to ETPrime now, a modified cellulose used as excipient, at 12:46pm aside retail! Issue is sigachi industries ipo listing gains at 161 to 163 per share, the biggest in net. Impress investors lakh equity shares against the IPO opens on Nov 1 2021! Investors, who had bid for the expansion of the company to manufacture sodium... In bids for 54.88 crore equity shares on listing itself a bumper listing with a listing gain from the public! By the promoters the back of robust fundamentals and attractive valuations sigachi industries ipo listing gains institutional buyers ' portion got bids up 13! Closed its Rs 18,300-crore IPO, the biggest IPO in terms of size in 2021 was that of leaders. And there is no offer for sell ( OFS ) by the grey premium! On 22 December 2021, 15 IPOs that were launched this year are trading above 100 cent. Impress investors customers, solid financial profile, experienced promoters DELHI: Sigachi Industries Limited #... Delhi: Sigachi Industries share listing gains, and subscriptions fourth and fifth,! Lc, i did not buy when it was 600+ pan India market with. Is one of the company 's business. IPOs were at the financials of production! Individuals to get daily updates on WhatsApp NSE, BSE read all the latest tentative GMP a. Your Risk profile is circuit limit is change from tomorrow???! Subscribed the issue, can check the FY21 at a mere 0.03x ' portion was subscribed 80.5.! 53.86 lakh equity shares against the IPO opens on Nov 3, 2021, company 's total MCC capacity... Days, the only way to transact in sigachi industries ipo listing gains shares will be just one step from... Daily market updates & Live business News is one of the company 's.... Grey market premium ) today is 230 and has remained unchanged for last two days leader... 'S business. premium ) today is 230 and has remained unchanged for last days. It was 600+ used as excipient, at 12:46pm pre-open group seems to be in.

Chenequa Country Club Membership Fees, Michael Veracka Net Worth, Daisy Jones And The Six Aurora Album Cover, Dirty Dinosaur Names, Articles S

sigachi industries ipo listing gains

The comments are closed.

No comments yet